Invesco Dorsey Wright Momentum ETF (PDP) is a momentum-factor ETF. As of October 28, 2026, ETF Copilot scores PDP 5.7 out of 10 — highest on Value (8.7), lowest on Risk (2.4). It trades at 24.0 times earnings, against its own median of 30.6. Its ten largest holdings are 23% of the fund.
What stands out in PDP's data
U.S. momentum stocks, selected by trend-following rules.
Trades at a richer price than most momentum peers — the market has already priced in the run.
Its trailing EBITDA multiple of 16.4x runs above the category median of 13.6x, while return on invested capital of 23.5% tops the 20.4% norm — a pricier entry for a business that earns more on its capital.
A trend-following sleeve that rides stocks with recent price strength — its returns hinge on momentum persisting.
How is PDP rated? ETF Copilot scores Invesco Dorsey Wright Momentum ETF (PDP) 5.7 out of 10
As of October 28, 2026, ETF Copilot scores Invesco Dorsey Wright Momentum ETF (PDP) 5.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.7 / 10
- Growth: 7.1 / 10
- Value: 8.7 / 10
- Risk: 2.4 / 10
- Quality: 3.5 / 10
- Return: 6.0 / 10
Is PDP expensive right now? It trades at 24.0 times earnings, against its own median of 30.6
As of October 28, 2026, PDP is cheaper than 83% of its own last 9 years.
Trailing 12 months, built from PDP's holdings. How we calculate this →
What's inside PDP? 33% Tech
What's inside PDP: Size (Large 68%, Mid 32%, Small 0%); Geography (International 6%, US 94%); Tech 32.5%; Magnificent 7 5.1%; AI 8.3%; Semiconductors 5.6%; Memory 4.4%.
What are PDP's top holdings? The ten largest are 23% of the fund
Apple, Amphenol, Targa Resources, Lumentum, WW Grainger, Sandisk, Micron Technology, Guardant Health, Trane Technologies and Natera are PDP's largest holdings, in that order.
Less concentrated than 74% of Momentum ETFs.
Half of PDP's weight sits in its 32 largest positions, and once those weights are taken into account it behaves like 78 equally weighted holdings.
What is PDP's expense ratio? 0.62% a year
As of October 28, 2026, PDP charges 0.62% a year and holds $1.4B in assets across 100 positions.
| Measure | PDP |
|---|---|
| Expense ratio | 0.62% |
| Assets under management | $1.4B |
| Holdings | 100 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco Dorsey Wright Momentum ETF (PDP) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/pdp
ETF Copilot Pro unlocks PDP's price and what each holding weighs.
Try Pro free →