Invesco Dorsey Wright Technology Momentum ETF

PTF

Market cap $760M

Invesco Dorsey Wright Technology Momentum ETF offers concentrated exposure to tech momentum and AI beneficiaries, with a 91% tech sector allocation. PTF has outperformed major benchmarks, returning over 93% in the past year and 871% over the past decade, highlighting structural advantages. The ETF's concentrated portfolio and momentum strategy may drive continued double-digit returns if AI adoption persists, though risk is elevated.

The Invesco Dorsey Wright Technology Momentum ETF has outperformed its major tech ETF competitors across multiple time periods. It invests in tech stocks with the most momentum.

The Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) is up roughly 58% year to date in 2026, which is what happens when a rules-based momentum fund collides with the largest data center buildout in corporate history.

Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Technology Momentum ETF (PTF), a passively managed exchange traded fund launched on October 12, 2006.

Software and IT services are currently undervalued relative to 11-year averages, while semiconductors and hardware are deeply overvalued. Invesco DWA Technology Momentum ETF (PTF) has underperformed the sector benchmark XLK since 2006, but impressively outperformed over the past 12 months. PTF is best suited for tactical allocation or swing trading, not long-term investing, due to its risk/return profile.

The Invesco Dorsey Wright Technology Momentum ETF (PTF) was launched on October 12, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

Momentum strategies sound simple: buy what's working, sell what's not, and ride the trend until it breaks.

If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Invesco Dorsey Wright Technology Momentum ETF (PTF), a passively managed exchange traded fund launched on October 12, 2006.

The technology sector is broadly overvalued, especially hardware and semiconductors; the software industry's value and quality scores are fair. The momentum-focused tech fund PTF has underperformed XLK with higher volatility for 19 years, making it uncompelling for the long term. Six tech stocks are cheaper than their peers in December.

The Invesco Dorsey Wright Technology Momentum ETF (PTF) was launched on October 12, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.