Invesco DWA Consumer Cyclicals Momentum ETF identifies high momentum companies within the consumer cyclicals sector for investment.

Invesco DWA Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) focuses on following the performance of the DWA Consumer Cyclicals Technical Leaders Index. This particular index is designed to identify companies within the consumer cyclicals sector that show potential for high relative strength, thereby selecting them based on their momentum characteristics. The ETF's portfolio thereby includes a diversified array of stocks across various consumer cyclicals industries such as automotive, entertainment, and retail, aiming to capitalize on the growth and price movements within these dynamic sectors. The objective of Invesco DWA Consumer Cyclicals Momentum ETF is to provide investors with investment results that, before fees and expenses, correspond generally to the total return performance of the underlying index, aiming for capital growth by investing in companies with strong momentum indicators.
GET YOUR GRAFA EDGE NOW
Sign up free to follow this company
We'll switch on a 30-day Edge trial as a welcome gift