PTF vs. IGM - ETF Comparison
PTF - Invesco Dorsey Wright Technology Momentum ETF
The Invesco Dorsey Wright Technology Momentum ETF is a US-focused equity fund that tracks the performance of the technology sector. It invests in a diversified portfolio of domestic securities, with a momentum-based approach that targets companies with strong growth potential. The fund's broad-based strategy spans across various market capitalization sizes, with a bias towards mid-cap companies.
IGM - iShares Expanded Tech Sector ETF
The iShares Expanded Tech Sector ETF provides diversified exposure to the US technology sector, offering a low-cost way to tap into the growth potential of this dynamic industry. With a broad scope of over 250 holdings, the fund spreads assets across various companies, although tech giants like Apple, IBM, and Microsoft dominate the top holdings. This ETF is suitable for investors seeking tactical exposure to the tech sector or looking to complement their existing portfolios.
| PTF | IGM | |
|---|---|---|
| Fund Name | Invesco Dorsey Wright Technology Momentum ETF | iShares Expanded Tech Sector ETF |
| Fund Provider | Invesco | BlackRock |
| Index | Dorsey Wright Technology Tech Leaders TR | S&P North American Expanded Technology Sector Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.60% | 0.41% |
| Inception Date | 2006-10-12 | 2001-03-13 |
| Number Of Holdings | 35 | 282 |
| Region | United States | United States |
| Investment Style | Growth | Growth |
| Market Cap | Blend | Large-Cap |
| Sector | Technology | Technology |
| Sector Detail | Software & Hardware | Software & Hardware |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.