Invesco Dorsey Wright Momentum ETF (PDP)Large Growth | Exchange Traded Fund | NasdaqGM
136.88 USD
-2.23
(-1.603%) ⇩
(Oct. 14, 2026, 11:47 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:52 a.m. EDT
The long-term outlook remains solid, driven by a nearly 180% cumulative gain over the last nine years and a consistent track record of positive annual returns. The business has avoided the dreaded multi-year decline, with the most recent year showing growth, which supports a buy-and-hold thesis for trend-following strategies. However, the short-term picture is clouded by conflicting signals. While the price has recently outpaced its moving averages, the statistical forecast model leans slightly negative for the coming month, and the options market is screaming caution. The heavy concentration of put open interest at the $140 level acts as a psychological ceiling and a potential catalyst for volatility if that level is breached. Investors should view this as a strong long-term compounder but exercise caution regarding immediate entry timing due to the defensive positioning in the options chain. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.037863 |
| MSTL | 0.039744 |
| AutoETS | 0.040702 |
| AutoARIMA | 0.044615 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 0.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.010 |
| Excess Kurtosis | 1.68 |
| Attribute | Value |
|---|---|
| Trailing P/E | 31.36 |
As of Oct. 10, 2026, 4:52 a.m. EDT: Speculators are positioning defensively with a massive wall of out-of-the-money put open interest at the $140 strike, suggesting a fear of a downside break or a 'pin' risk around current levels. Conversely, call positioning is sparse and heavily skewed toward deep out-of-the-money strikes ($175-$180), indicating speculative bets on a significant rally rather than immediate near-term upside. Implied volatility is elevated on the short-dated puts relative to calls, highlighting asymmetric risk pricing.
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 153.23 |
| All Time Low | 9.0 |
| Ask | 140.44 |
| Ask Size | 7 |
| Average Daily Volume10 Day | 15,220 |
| Average Daily Volume3 Month | 21,315 |
| Average Volume | 21,315 |
| Average Volume10Days | 15,220 |
| Beta3 Year | 1.24 |
| Bid | 140.03 |
| Bid Size | 7 |
| Category | Large Growth |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 138.18 |
| Day Low | 136.825 |
| Display Name | Dorsey Wright Momentum ETF |
| Dividend Date | 1,506,643,200 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.364997 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 137.3334 |
| Fifty Day Average Change | -0.45339966 |
| Fifty Day Average Change Percent | -0.0033014521 |
| Fifty Two Week Change Percent | 15.276861 |
| Fifty Two Week High | 153.23 |
| Fifty Two Week High Change | -16.34999 |
| Fifty Two Week High Change Percent | -0.10670228 |
| Fifty Two Week Low | 106.53 |
| Fifty Two Week Low Change | 30.350006 |
| Fifty Two Week Low Change Percent | 0.28489634 |
| Fifty Two Week Range | 106.53 - 153.23 |
| First Trade Date Milliseconds | 1,172,759,400,000 |
| Five Year Average Return | 0.095313996 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.2299957 |
| Fullday Change Percent | -1.6030449 |
| Fullday Price | 136.88 |
| 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. Under normal circumstances, at least 80% of the value of its net assets in the components of the underlying index and in derivatives and other investments that have economic characteristics similar to the components of the underlying index. |
| Long Name | Invesco Dorsey Wright Momentum ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_32987496 |
| Nav Price | 139.45 |
| Net Assets | 1,470,665,470.0 |
| Net Expense Ratio | 0.62 |
| Open | 137.82 |
| Previous Close | 139.11 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.2299957 |
| Regular Market Change Percent | -1.6030449 |
| Regular Market Day High | 138.18 |
| Regular Market Day Low | 136.825 |
| Regular Market Day Range | 136.825 - 138.18 |
| Regular Market Open | 137.82 |
| Regular Market Previous Close | 139.11 |
| Regular Market Price | 136.88 |
| Regular Market Time | 1,791,992,874 |
| Regular Market Volume | 6,980 |
| Short Name | Invesco Dorsey Wright Momentum |
| Source Interval | 15 |
| Symbol | PDP |
| Three Year Average Return | 0.21585649 |
| Total Assets | 1,470,665,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 31.358557 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -9.41981 |
| Trailing Three Month Returns | -9.41981 |
| Triggerable | 1 |
| Two Hundred Day Average | 133.60374 |
| Two Hundred Day Average Change | 3.2762604 |
| Two Hundred Day Average Change Percent | 0.024522219 |
| Type Disp | ETF |
| Volume | 6,980 |
| Yield | 0.0 |
| Ytd Return | 18.3193 |