Invesco DWA SmallCap Momentum ETF (DWAS)Small Blend | Exchange Traded Fund | NasdaqGM
110.45 USD
-3.60
(-3.158%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 110.49 +0.04 (0.038%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:28 a.m. EDT
The Invesco DWA SmallCap Momentum ETF presents a classic momentum trap: the underlying business has delivered exceptional long-term growth, yet the recent price action has been relentlessly bearish, erasing nearly a year of gains. While the nine-year trajectory shows a massive 137% gain driven by strong compounding, the trailing twelve-month performance has been a disaster, leaving the fund trading significantly below its 200-day average. This disconnect between the robust historical track record and the current price suppression creates a compelling medium-term case, but the immediate outlook remains murky. The lack of any put buying and the heavy concentration of call open interest at distant strikes (130) suggests traders are waiting for a catalyst to ignite a rally, rather than betting on a steady grind higher. Until the price stabilizes above its moving averages, the technical setup remains defensive. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.025153 |
| AutoARIMA | 0.025239 |
| MSTL | 0.027366 |
| AutoTheta | 0.035106 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 0.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.909 |
| Excess Kurtosis | 0.29 |
| Attribute | Value |
|---|---|
| Trailing P/E | 22.94 |
As of Aug. 22, 2026, 5:28 a.m. EDT: Speculator positioning is extremely light and skewed toward out-of-the-money calls, with heavy open interest at the 130 strike suggesting a speculative bet on a significant upside move. Implied volatility is elevated at 61% for near-term expirations, indicating fear of a gap-up or high uncertainty, while the complete absence of put activity suggests a lack of hedging or bearish protection.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.01% | 0.01% | 0.68% | 0.66% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-09-22 | 0.005 | 0.005371 |
| 2025-06-23 | 0.010 | 0.011999 |
| 2025-03-24 | 0.052 | 0.063053 |
| 2024-12-23 | 0.073 | 0.079279 |
| 2024-09-23 | 0.515 | 0.555615 |
| 2024-06-24 | 0.082 | 0.096755 |
| 2024-03-18 | 0.049 | 0.056296 |
| 2023-12-18 | 0.834 | 1.020433 |
| 2023-09-18 | 0.124 | 0.159609 |
| 2023-06-20 | 0.179 | 0.229782 |
| 2023-03-20 | 0.055 | 0.077074 |
| 2022-12-19 | 0.139 | 0.195006 |
| 2022-09-19 | 0.260 | 0.354368 |
| 2022-06-21 | 0.132 | 0.185942 |
| 2022-03-21 | 0.061 | 0.071096 |
| 2021-12-20 | 0.071 | 0.084726 |
| 2021-09-20 | 0.028 | 0.033227 |
| 2021-06-21 | 0.041 | 0.047002 |
| 2020-12-21 | 0.023 | 0.030061 |
| 2020-09-21 | 0.026 | 0.044681 |
| 2020-06-22 | 0.068 | 0.128715 |
| 2020-03-23 | 0.041 | 0.114365 |
| 2019-12-23 | 0.063 | 0.110063 |
| 2019-09-23 | 0.013 | 0.024762 |
| 2018-03-19 | 0.019 | 0.036857 |
| 2017-12-18 | 0.082 | 0.167964 |
| 2017-09-18 | 0.014 | 0.030790 |
| 2016-12-16 | 0.151 | 0.371281 |
| 2016-06-17 | 0.049 | 0.141129 |
| 2016-03-18 | 0.012 | 0.035440 |
| 2015-12-18 | 0.047 | 0.125133 |
| 2015-06-19 | 0.026 | 0.061350 |
| 2014-12-19 | 0.007 | 0.018065 |
| 2014-06-20 | 0.011 | 0.028025 |
| 2013-12-20 | 0.014 | 0.035443 |
| 2013-06-21 | 0.038 | 0.117502 |
| 2013-03-15 | 0.011 | 0.035336 |
| 2012-12-21 | 0.221 | 0.836171 |
| Attribute | Value |
|---|---|
| All Time High | 127.77 |
| All Time Low | 22.18 |
| Ask | 118.24 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 18,860 |
| Average Daily Volume3 Month | 21,212 |
| Average Volume | 21,212 |
| Average Volume10Days | 18,860 |
| Beta3 Year | 1.33 |
| Bid | 117.78 |
| Bid Size | 2 |
| Category | Small Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 113.95 |
| Day Low | 110.4484 |
| Dividend Date | 1,483,056,000 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.8140354 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 117.5134 |
| Fifty Day Average Change | -7.064995 |
| Fifty Day Average Change Percent | -0.06012076 |
| Fifty Two Week Change Percent | 24.619198 |
| Fifty Two Week High | 127.77 |
| Fifty Two Week High Change | -17.321594 |
| Fifty Two Week High Change Percent | -0.13556856 |
| Fifty Two Week Low | 87.52 |
| Fifty Two Week Low Change | 22.928406 |
| Fifty Two Week Low Change Percent | 0.26197904 |
| Fifty Two Week Range | 87.52 - 127.77 |
| First Trade Date Milliseconds | 1,342,704,600,000 |
| Five Year Average Return | 0.060998403 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -3.6016 |
| Fullday Change Percent | -3.15791 |
| Fullday Price | 110.49 |
| Fund Family | Invesco |
| Fund Inception Date | 1,342,656,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of approximately 200 securities from an eligible universe of approximately 2,000 securities ranked 1,001 to 3,000 by market capitalization within the NASDAQ US Benchmark Index™. |
| Long Name | Invesco DWA SmallCap Momentum ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_214451106 |
| Nav Price | 114.06 |
| Net Assets | 427,941,440.0 |
| Net Expense Ratio | 0.6 |
| Open | 113.95 |
| Post Market Change | 0.04159546 |
| Post Market Change Percent | 0.037660535 |
| Post Market Price | 110.49 |
| Post Market Time | 1,787,959,805 |
| Previous Close | 114.05 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.6016006 |
| Regular Market Change Percent | -3.1579137 |
| Regular Market Day High | 113.95 |
| Regular Market Day Low | 110.4484 |
| Regular Market Day Range | 110.4484 - 113.95 |
| Regular Market Open | 113.95 |
| Regular Market Previous Close | 114.05 |
| Regular Market Price | 110.4484 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 9,075 |
| Short Name | Invesco Dorsey Wright SmallCap |
| Source Interval | 15 |
| Symbol | DWAS |
| Three Year Average Return | 0.1469502 |
| Total Assets | 427,941,440 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 22.942997 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.08019 |
| Trailing Three Month Returns | 0.08019 |
| Triggerable | 1 |
| Two Hundred Day Average | 106.984 |
| Two Hundred Day Average Change | 3.4644012 |
| Two Hundred Day Average Change Percent | 0.032382425 |
| Type Disp | ETF |
| Volume | 9,075 |
| Yield | 0.0 |
| Ytd Return | 16.08103 |