About Invesco DWA SmallCap Momentum ETF (DWAS)

The Invesco DWA SmallCap Momentum ETF (DWAS) is an exchange-traded fund that seeks to track the performance of the Dorsey Wright SmallCap Technical Leaders Index. This index is comprised of small-cap U.S. companies that exhibit strong relative strength characteristics. The fund is managed by Invesco, a leading global investment management firm with a strong track record in ETFs.

One of the key features of the DWAS ETF is its focus on momentum investing. Momentum investing is a strategy that aims to capitalize on the trend of a stock's price continuing to rise or fall. The ETF uses a rules-based methodology to identify small-cap stocks that have shown consistent outperformance relative to their peers. By investing in these high-momentum stocks, the fund aims to capture the potential for continued price appreciation.