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Invesco Dorsey Wright Momentum ETF (PDP)

Large Growth | Exchange Traded Fund | NasdaqGM
139.27 USD -3.57 (-2.501%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 139.27

Short-term:★★☆☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:43 a.m. EDT

The momentum ETF is facing a classic 'mean reversion' setup where the asset's own strategy is likely working against it. While the long-term fundamentals remain solid with a nearly 153% gain over nine years and no recent annual declines, the short-term technicals are flashing red. The price has stalled near its 52-week high while volume dries up, and the 200-day moving average is showing weakness relative to the 50-day line. Crucially, the options market is screaming caution; there is a massive wall of put buying at strikes significantly below the current price, while call interest is negligible. This divergence suggests smart money is hedging against a potential rotation out of high-flying momentum stocks, even if the underlying business quality of the holdings remains intact.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_115 ✓0.085167
MSTL_790.093004
MSTL_1150.111108
AutoTheta0.117948
MSTL0.118620
AutoARIMA0.124538
AutoETS0.124538

Forecast horizon: 60 days | Selected: MSTL_79_115

Forecast Reliability
Score 52%
H-stat 8.93
Ljung-Box p 0.000
Jarque-Bera p 0.238
Excess Kurtosis -1.04
Attribute Value
Trailing P/E 32.17

As of July 11, 2026, 5:43 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume concentrated in the near term, suggesting a fear of a sharp downside correction despite the asset trading near its yearly highs. Call activity is sparse and mostly in-the-money, indicating limited aggressive bullish sentiment.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.10% 0.10% 0.16% 0.25%
Dividend History
Date Dividend Yield %
2025-09-22 0.113 0.095958
2025-06-23 0.043 0.040501
2025-03-24 0.046 0.043814
2024-12-23 0.134 0.122085
2024-03-18 0.028 0.029221
2023-12-18 0.096 0.113623
2023-09-18 0.028 0.035358
2023-06-20 0.107 0.137497
2023-03-20 0.126 0.172437
2022-12-19 0.239 0.338767
2022-09-19 0.083 0.113948
2020-06-22 0.024 0.035513
2020-03-23 0.071 0.154718
2019-12-23 0.047 0.073140
2019-09-23 0.068 0.110408
2019-06-24 0.047 0.078034
2018-12-24 0.043 0.094944
2018-09-24 0.007 0.011836
2018-06-18 0.035 0.060711
2017-09-18 0.087 0.179049
2017-06-16 0.056 0.119378
2016-12-16 0.194 0.458737
2016-09-16 0.043 0.102430
2016-06-17 0.102 0.247994
2015-12-18 0.026 0.063492
2015-09-18 0.033 0.078571
2015-06-19 0.054 0.122895
2015-03-20 0.047 0.105499
2014-09-19 0.063 0.156716
2013-12-20 0.025 0.069195
2013-09-20 0.034 0.099941
2013-06-21 0.045 0.146867
2012-12-21 0.175 0.627015
2012-09-21 0.018 0.064609
2012-06-15 0.045 0.170648
2011-12-16 0.022 0.094340
2011-09-16 0.017 0.070335
2010-12-17 0.037 0.157783
2010-06-18 0.018 0.089109
2009-12-18 0.007 0.038189
2009-09-18 0.018 0.100111
2009-06-19 0.075 0.519031
2008-12-19 0.039 0.272156
2007-09-21 0.025 0.094949
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2017-09-29
dividendYield 0.07

Info Dump

Attribute Value
All Time High 153.23
All Time Low 9.0
Ask 139.49
Ask Size 7
Average Daily Volume10 Day 20,450
Average Daily Volume3 Month 26,778
Average Volume 26,778
Average Volume10Days 20,450
Beta3 Year 1.19
Bid 139.01
Bid Size 7
Category Large Growth
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 140.75
Day Low 138.65
Dividend Date 1,506,643,200
Dividend Yield 0.07
Eps Trailing Twelve Months 4.328857
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 143.0318
Fifty Day Average Change -3.761795
Fifty Day Average Change Percent -0.02630041
Fifty Two Week Change Percent 29.41711
Fifty Two Week High 153.23
Fifty Two Week High Change -13.959991
Fifty Two Week High Change Percent -0.09110482
Fifty Two Week Low 106.53
Fifty Two Week Low Change 32.740005
Fifty Two Week Low Change Percent 0.30733132
Fifty Two Week Range 106.53 - 153.23
First Trade Date Milliseconds 1,172,759,400,000
Five Year Average Return 0.0987897
Full Exchange Name NasdaqGM
Fund Family Invesco
Fund Inception Date 1,172,707,200
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 securities that comprise the underlying index. The underlying index is composed of approximately 100 securities from the Nasdaq U.S. Large CapTM Index or Nasdaq U.S. Mid CapTM Index.of approximately 100 securities from an eligible universe of approximately 1,000 securities of the largest constituents by market capitalization within the NASDAQ U.S. benchmark index™.
Long Name Invesco Dorsey Wright Momentum ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_32987496
Nav Price 143.52
Net Assets 2,148,108,800.0
Net Expense Ratio 0.62
Open 139.19
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 139.27
Post Market Time 1,783,973,404
Previous Close 142.8418
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -3.57179
Regular Market Change Percent -2.50052
Regular Market Day High 140.75
Regular Market Day Low 138.65
Regular Market Day Range 138.65 - 140.75
Regular Market Open 139.19
Regular Market Previous Close 142.8418
Regular Market Price 139.27
Regular Market Time 1,783,972,800
Regular Market Volume 16,339
Short Name Invesco Dorsey Wright Momentum
Source Interval 15
Symbol PDP
Three Year Average Return 0.2191585
Total Assets 2,148,108,800
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 32.172466
Trailing Peg Ratio None
Trailing Three Month Nav Returns 25.71948
Trailing Three Month Returns 25.71948
Triggerable 1
Two Hundred Day Average 127.22255
Two Hundred Day Average Change 12.047455
Two Hundred Day Average Change Percent 0.09469591
Type Disp ETF
Volume 16,339
Yield 0.0007
Ytd Return 30.62382