Summary
Invesco Dorsey Wright Energy Momentum ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 47. The ten largest make up 37% of the fund.
- Yearly costs
- 0.85%
- Fund size
- $79.1M
- Positions
- 47
- Dividend yield
- 1.09%
- Running since
- 2006
What speaks for it
- It has been running since 2006.
What to watch
- 97% of the fund is in one sector (Energy).
- 95% of the fund is in one country (United States).
- Costs of 0.85% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 34% from its high.
- A small fund with $79.1M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.0%
- 3 months
- +12%
- This year
- +46%
- 1 year
- +43%
- 3 years
- +45%
- 5 years
- +97%
- 10 years
- +57%
- Avg. market cap
- $71.4B
- P/E
- 16.4x
- Forward P/E
- 10.5x
- P/S
- 1.2x
- P/B
- 2.4x
- P/FCF
- 12.6x
- EV/EBITDA
- 7.8x
- Dividend yield
- 1.71%
- ROIC
- 9.4%
- ROE
- 20.5%
- Gross margin
- 31.5%
- Operating margin
- 14.2%
- Net margin
- 4.8%
- Payout ratio
- 28.0%
- Net debt/EBITDA
- 3.9x
- Beta
- 0.31
Weighted average of the 43 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 VLValero Energy Corporation VLO 4.1%
- 2 MPMarathon Petroleum Corporation MPC 4.0%
- 3 DIHF Sinclair Corporation DINO 4.0%
- 4 PBPBF Energy Inc. PBF 3.9%
- 5 LNCheniere Energy, Inc. LNG 3.9%
- 6 PSPhillips 66 PSX 3.9%
- 7 TRTarga Resources Corp. TRGP 3.8%
- 8 PRPermian Resources Corporation PR 3.5%
- 9 XOExxon Mobil XOM 3.2%
- 10 DKDelek US Holdings DK 2.8%
Positions in the fund: 47. The ten largest make up 37% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 97%
- Basic materials 2.7%
- Financials 0.2%
By country
- United States 95%
- Bermuda 2.7%
- Switzerland 2.1%
By company size
- Mega cap 5.7%
- Large cap 49%
- Mid cap 39%
- Small cap 5.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Energy (97%). Largest country: United States (95%). Largest size group: Large cap (49%).
What does it cost me?
Expensive- A year from $10,000
- $85.00
- Over 20 years
- $3,981
From every $10,000 invested the fund takes $85.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,981.
How has it done?
Growing slowly- A year on average, 10 years
- +4.6%
- Deepest drop
- -34%
- Yearly volatility
- 24%
Average yearly growth over the last ten years: 4.6%. Deepest drop in these years: 34% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.09%
- Payments a year
- 4
- Last payment
- $0.20
Over the last 12 months it paid $0.72 per share, which is 1.09% of today's price. The last payment was $0.20 on Sep 21, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.36M
- Shares a day
- 21K
On an average day about $1.36M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.4
- Average Bulios Score
- 61 out of 100
Weight by Bulios Fair Price
- Undervalued 28%
- Fairly valued 7.1%
- Overvalued 65%
On average the companies inside trade for 16.4 times their yearly profit. By Fair Price, 65% of the rated weight comes out as overvalued.
Counted from its largest companies (43), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XO XOP SPDR S&P Oil & Gas Exploration & Production ETF | United States | 0.35% | $3.29B | +62% | Pays out | 52% |
FT FTXN First Trust Nasdaq Oil & Gas ETF | United States | 0.60% | $136.7M | +59% | Pays out | 49% |
PX PXE Invesco Energy Exploration & Production ETF | United States | 0.67% | $97.7M | +62% | Pays out | 45% |
FX FXN First Trust Energy AlphaDEX Fund | United States | 0.63% | $386.9M | +58% | Pays out | 44% |
GU GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | United States | 0.94% | $306.4M | +135% | Pays out | 42% |
VE VENAX Vanguard Energy Index Fund Admiral Shares· mutual fund | United States | 0.09% | $13.0B | +57% | Pays out | 41% |
