DWAS, NYSE

Invesco DWA SmallCap Momentum ETF (DWAS)

Price (as of November 2)

77.59USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

DXD

ProShares UltraShort Dow30

-0.73

DWSH

AdvisorShares Dorsey Wright Short ETF

-0.6

AVSU

Avantis Responsible U.S. Equity ETF

-0.2

DURA

VanEck Morningstar Durable Dividend ETF

-0.19

DSTL

Distillate U.S. Fundamental Stability & Value ETF

-0.18

DFIS

Dimensional International Small Cap ETF

-0.18

DFIC

Dimensional International Core Equity 2 ETF

-0.18

DBEH

IMGP DBI HEDGE STRATEGY ETF

-0.17

DFSV

Dimensional US Small Cap Value ETF

-0.17

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

-0.16

Show more

Highest within Industry

Symbol Correlation

DWAW

AdvisorShares Dorsey Wright FSM All Cap World ETF

0.83

DYNF

BlackRock U.S. Equity Factor Rotation ETF

0.81

DWLD

Davis Select Worldwide ETF

0.77

DWMF

WisdomTree International Multifactor ETF

0.73

DWEQ

AdvisorShares Dorsey Wright Alpha Equal Weight ETF

0.73

DWUS

AdvisorShares Dorsey Wright FSM US Core ETF

0.73

DWX

SPDR S&P International Dividend ETF

0.64

DXGE

WisdomTree Germany Hedged Equity Fund

0.62

DXJ

WisdomTree Japan Hedged Equity Fund

0.6

DXJS

WisdomTree Japan Hedged SmallCap Equity Fund

0.59

Show more

Profile

Sector:
Small Growth
Industry:
Exchange Traded Funds

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index Provider selects securities of small capitalization companies trading on U.S. exchanges for inclusion in the index, pursuant to a proprietary methodology that is designed to identify securities that demonstrate powerful relative strength (or momentum) characteristics.