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Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?

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If you're interested in broad exposure to the Industrials - Broad segment of the equity market, look no further than the Invesco Dorsey Wright Industrials Momentum ETF (PRN - Free Report) , a passively managed exchange traded fund launched on October 12, 2006.

Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.

Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Industrials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $315.86 million, making it one of the average sized ETFs attempting to match the performance of the Industrials - Broad segment of the equity market. PRN seeks to match the performance of the DWA Industrials Technical Leaders Index before fees and expenses.

The Dorsey Wright??Industrials Technical Leaders Index identifies companies that are showing relative strength and are composed of at least 30 common stocks from a universe of approximately 3,000 common stocks traded on US exchanges.

Costs

Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.

Annual operating expenses for this ETF are 0.6%, making it on par with most peer products in the space.

It has a 12-month trailing dividend yield of 0.31%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Industrials sector -- about 88.1% of the portfolio. Information Technology and Healthcare round out the top three.

Looking at individual holdings, Comfort Systems Usa Inc (FIX) accounts for about 4.87% of total assets, followed by Rocket Lab Corp (RKLB) and Bloom Energy Corp (BE).

The top 10 holdings account for about 37.65% of total assets under management.

Performance and Risk

So far this year, PRN has added roughly 13.43%, and it's up approximately 0.31% in the last one year (as of 12/09/2025). During this past 52-week period, the fund has traded between $122.83 and $185.61.

The ETF has a beta of 1.20 and standard deviation of 23.02% for the trailing three-year period, making it a medium risk choice in the space. With about 45 holdings, it has more concentrated exposure than peers.

Alternatives

Invesco Dorsey Wright Industrials Momentum ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. PRN, then, is not a great choice for investors seeking exposure to the Industrials ETFs segment of the market. Instead, there are better ETFs in the space to consider.

Vanguard Industrials ETF (VIS) tracks MSCI US Investable Market Industrials 25/50 Index and the Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. Vanguard Industrials ETF has $6.35 billion in assets, Industrial Select Sector SPDR ETF has $24.82 billion. VIS has an expense ratio of 0.09%, and XLI charges 0.08%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.


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