Invesco DWA Momentum ETF (PDP): Historical Returns

Data Source: from January 1992 to February 2024 (~32 years)
Consolidated Returns as of 29 February 2024
Category: Stocks
Invesco DWA Momentum ETF (PDP) ETF
ETF • LIVE PERFORMANCE (USD currency)
9.62%
February 2024

In the last 30 Years, the Invesco DWA Momentum ETF (PDP) ETF obtained a 9.35% compound annual return, with a 16.49% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Multi Cap
  • Style: Growth
  • Region: North America
  • Country: U.S.

Investment Returns as of Feb 29, 2024

The Invesco DWA Momentum ETF (PDP) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
INVESCO DWA MOMENTUM ETF (PDP) ETF
Consolidated returns as of 29 February 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~32Y)
Invesco DWA Momentum ETF (PDP) ETF n.a. n.a. 9.62 17.29 28.79 11.88 9.93 9.35 9.63
US Inflation Adjusted return 9.62 15.97 25.39 7.48 6.96 6.66 6.91
Returns over 1 year are annualized | Available data source: since Jan 1992
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the Invesco DWA Momentum ETF (PDP) ETF granted a 0.50% dividend yield. If you are interested in getting periodic income, please refer to the Invesco DWA Momentum ETF (PDP) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 14.59$, with a total return of 1359.38% (9.35% annualized).

The Inflation Adjusted Capital now would be 6.91$, with a net total return of 591.32% (6.66% annualized).
An investment of 1$, since January 1992, now would be worth 19.24$, with a total return of 1823.82% (9.63% annualized).

The Inflation Adjusted Capital now would be 8.59$, with a net total return of 758.52% (6.91% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of Invesco DWA Momentum ETF (PDP) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
INVESCO DWA MOMENTUM ETF (PDP) ETF
Advanced Metrics
Data Source: 1 January 1992 - 29 February 2024 (~32 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~32Y)
Investment Return (%) 9.62 17.89 17.29 28.79 3.36 11.88 9.93 8.43 9.35 9.63
Infl. Adjusted Return (%) details 9.62 17.26 15.97 25.39 -2.04 7.48 6.96 5.72 6.66 6.91
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 2.54
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -9.60 -30.74 -30.74 -30.74 -57.15 -57.15 -57.15
Start to Recovery (# months) details 5 28* 28* 28* 63 63 63
Start (yyyy mm) 2023 08 2021 11 2021 11 2021 11 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 11 11 11 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 47 47 47
End (yyyy mm) 2023 12 - - - 2013 01 2013 01 2013 01
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-44.71 -44.71
Start to Recovery (# months) details 75 75
Start (yyyy mm) 2023 08 2021 11 2021 11 2021 11 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 11 11 11 16 25 25
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2002 09 2002 09
Bottom to End (# months) 2 17 17 17 47 50 50
End (yyyy mm) 2023 12 - - - 2013 01 2006 11 2006 11
Longest negative period (# months) details 8 34 38 38 78 147 147
Period Start (yyyy mm) 2023 03 2021 03 2020 09 2020 09 2004 03 1999 07 1999 07
Period End (yyyy mm) 2023 10 2023 12 2023 10 2023 10 2010 08 2011 09 2011 09
Annualized Return (%) -0.82 -0.28 -1.45 -1.45 -0.69 -0.05 -0.05
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -10.45 -35.39 -35.39 -35.39 -57.86 -60.26 -60.26
Start to Recovery (# months) details 5 28* 28* 28* 66 157 157
Start (yyyy mm) 2023 08 2021 11 2021 11 2021 11 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 11 11 11 16 102 102
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 50 55 55
End (yyyy mm) 2023 12 - - - 2013 04 2013 09 2013 09
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 11 2021 11 2021 11 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 11 11 11 16 102 102
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 50 55 55
End (yyyy mm) 2023 12 - - - 2013 04 2013 09 2013 09
Longest negative period (# months) details 8 36* 50 50 94 167 167
Period Start (yyyy mm) 2023 03 2021 03 2019 09 2019 09 2004 03 1999 02 1999 02
Period End (yyyy mm) 2023 10 2024 02 2023 10 2023 10 2011 12 2012 12 2012 12
Annualized Return (%) -3.72 -2.04 -0.10 -0.10 -0.07 -0.14 -0.14
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 17.70 21.13 20.44 17.00 16.91 16.49 16.13
Sharpe Ratio 1.33 0.05 0.49 0.51 0.42 0.43 0.35
Sortino Ratio 2.03 0.07 0.68 0.71 0.55 0.56 0.46
Ulcer Index 3.15 17.68 14.05 10.65 16.03 17.04 16.48
Ratio: Return / Standard Deviation 1.63 0.16 0.58 0.58 0.50 0.57 0.60
Ratio: Return / Deepest Drawdown 3.00 0.11 0.39 0.32 0.15 0.16 0.17
% Positive Months details 58% 50% 58% 59% 62% 62% 62%
Positive Months 7 18 35 71 150 225 243
Negative Months 5 18 25 49 90 135 143
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 9.93 16.66 16.66 16.66
Worst 10 Years Return (%) - Annualized 5.33 -4.78 -4.78
Best 10 Years Return (%) - Annualized 6.96 14.64 14.64 14.64
Worst 10 Years Return (%) - Annualized 3.48 -7.18 -7.18
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 57.82 32.35 28.45 16.66 9.58 9.35
Worst Rolling Return (%) - Annualized -50.61 -18.91 -9.22 -4.78 4.22
% Positive Periods 76% 80% 78% 89% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 62.40 21.25 14.04 6.93 4.25 8.22
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.44 7.04
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 53.79 29.34 25.47 14.64 7.09 6.66
Worst Rolling Return (%) - Annualized -50.61 -20.64 -11.56 -7.18 2.10
% Positive Periods 75% 74% 68% 86% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 62.40 21.25 14.04 6.93 4.25 8.22
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.44 7.04
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1992 - Feb 2024)
Best Rolling Return (%) - Annualized 57.82 32.35 28.45 16.66 9.58 10.30
Worst Rolling Return (%) - Annualized -50.61 -18.91 -9.22 -4.78 4.22 8.40
% Positive Periods 78% 81% 79% 90% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 62.40 21.25 14.04 6.93 4.25 7.92
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.44 6.47
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 53.79 29.34 25.47 14.64 7.09 7.72
Worst Rolling Return (%) - Annualized -50.61 -20.64 -11.56 -7.18 2.10 5.73
% Positive Periods 76% 76% 70% 88% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 62.40 21.25 14.04 6.93 4.25 7.92
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.44 6.47
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of Invesco DWA Momentum ETF (PDP) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

INVESCO DWA MOMENTUM ETF (PDP) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs PDP
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.93
0.92
0.92
0.94
0.94
SPY
US Large Cap
0.92
0.91
0.91
0.94
0.94
IJR
US Small Cap
0.76
0.80
0.79
0.79
0.79
VNQ
US REITs
0.80
0.77
0.70
0.59
0.59
QQQ
US Technology
0.71
0.87
0.87
0.80
0.80
PFF
Preferred Stocks
0.68
0.75
0.70
0.46
0.46
EFA
EAFE Stocks
0.81
0.78
0.76
0.78
0.75
VT
World All Countries
0.89
0.88
0.88
0.90
0.89
EEM
Emerging Markets
0.73
0.61
0.59
0.70
0.67
VGK
Europe
0.77
0.78
0.74
0.78
0.77
VPL
Pacific
0.83
0.75
0.74
0.68
0.63
FLLA
Latin America
0.69
0.59
0.45
0.60
0.60
BND
US Total Bond Market
0.55
0.55
0.44
0.21
0.21
TLT
Long Term Treasuries
0.67
0.29
0.20
-0.04
-0.03
BIL
US Cash
0.49
0.00
0.03
0.00
0.00
TIP
TIPS
0.49
0.63
0.53
0.25
0.26
LQD
Invest. Grade Bonds
0.61
0.68
0.59
0.37
0.37
HYG
High Yield Bonds
0.76
0.82
0.78
0.68
0.67
CWB
US Convertible Bonds
0.77
0.85
0.86
0.85
0.85
BNDX
International Bonds
0.50
0.58
0.46
0.20
0.20
EMB
Emerg. Market Bonds
0.78
0.74
0.64
0.55
0.55
GLD
Gold
0.01
0.21
0.10
0.06
0.06
DBC
Commodities
-0.04
0.33
0.32
0.32
0.31

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

INVESCO DWA MOMENTUM ETF (PDP) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1992 - 29 February 2024 (~32 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.15% Nov 2007 Feb 2009 16 Jan 2013 47 63 27.41
-44.71% Sep 2000 Sep 2002 25 Nov 2006 50 75 23.58
-30.74% Nov 2021 Sep 2022 11 in progress 17 28 19.95
-18.89% Sep 2018 Dec 2018 4 Jun 2019 6 10 8.85
-18.04% Feb 2020 Mar 2020 2 May 2020 2 4 9.31
-15.28% Jul 1998 Aug 1998 2 Nov 1998 3 5 7.52
-12.87% Aug 2015 Jan 2016 6 Feb 2017 13 19 6.10
-6.43% Jan 2000 Feb 2000 2 Mar 2000 1 3 4.06
-5.76% Jul 1999 Sep 1999 3 Oct 1999 1 4 3.34
-5.18% Aug 1997 Aug 1997 1 Nov 1997 3 4 2.70
-5.09% Sep 2021 Sep 2021 1 Oct 2021 1 2 2.94
-5.03% Apr 2000 May 2000 2 Aug 2000 3 5 3.40
-4.55% Jun 2007 Jul 2007 2 Sep 2007 2 4 2.60
-4.49% Jul 1996 Jul 1996 1 Sep 1996 2 3 2.61
-4.41% Mar 1997 Mar 1997 1 Apr 1997 1 2 2.55
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 102 3.5 Months 28.25%
 
DD = 0% 28.25%
 
0% < DD <= -5% 84 4.3 Months 23.27%
 
DD <= -5% 51.52%
 
-5% < DD <= -10% 39 9.3 Months 10.80%
 
DD <= -10% 62.33%
 
-10% < DD <= -15% 25 14.4 Months 6.93%
 
DD <= -15% 69.25%
 
-15% < DD <= -20% 27 13.4 Months 7.48%
 
DD <= -20% 76.73%
 
-20% < DD <= -25% 33 10.9 Months 9.14%
 
DD <= -25% 85.87%
 
-25% < DD <= -30% 10 36.1 Months 2.77%
 
DD <= -30% 88.64%
 
-30% < DD <= -35% 15 24.1 Months 4.16%
 
DD <= -35% 92.80%
 
-35% < DD <= -40% 8 45.1 Months 2.22%
 
DD <= -40% 95.01%
 
-40% < DD <= -45% 9 40.1 Months 2.49%
 
DD <= -45% 97.51%
 
-45% < DD <= -50% 3 120.3 Months 0.83%
 
DD <= -50% 98.34%
 
-50% < DD <= -55% 5 72.2 Months 1.39%
 
DD <= -55% 99.72%
 
-55% < DD <= -60% 1 361.0 Months 0.28%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-60.26% Sep 2000 Feb 2009 102 Sep 2013 55 157 28.96
-35.39% Nov 2021 Sep 2022 11 in progress 17 28 25.42
-19.24% Sep 2018 Dec 2018 4 Jul 2019 7 11 8.86
-17.80% Feb 2020 Mar 2020 2 May 2020 2 4 9.07
-15.59% Jul 1998 Aug 1998 2 Nov 1998 3 5 7.76
-12.73% Aug 2015 Jan 2016 6 Feb 2017 13 19 6.47
-7.09% Jan 2000 Feb 2000 2 Mar 2000 1 3 4.41
-6.77% Jul 1999 Sep 1999 3 Nov 1999 2 5 3.58
-5.62% Apr 2000 Jul 2000 4 Aug 2000 1 5 3.76
-5.47% Sep 2021 Sep 2021 1 Oct 2021 1 2 3.16
-5.42% Aug 1997 Aug 1997 1 Dec 1997 4 5 2.72
-4.68% Jul 1996 Jul 1996 1 Sep 1996 2 3 2.77
-4.62% Feb 2018 Apr 2018 3 May 2018 1 4 3.34
-4.60% Mar 1994 Jun 1994 4 Aug 1994 2 6 2.95
-4.47% Mar 1997 Mar 1997 1 Apr 1997 1 2 2.58
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 83 4.3 Months 22.99%
 
DD = 0% 22.99%
 
0% < DD <= -5% 69 5.2 Months 19.11%
 
DD <= -5% 42.11%
 
-5% < DD <= -10% 32 11.3 Months 8.86%
 
DD <= -10% 50.97%
 
-10% < DD <= -15% 22 16.4 Months 6.09%
 
DD <= -15% 57.06%
 
-15% < DD <= -20% 29 12.4 Months 8.03%
 
DD <= -20% 65.10%
 
-20% < DD <= -25% 31 11.6 Months 8.59%
 
DD <= -25% 73.68%
 
-25% < DD <= -30% 40 9.0 Months 11.08%
 
DD <= -30% 84.76%
 
-30% < DD <= -35% 15 24.1 Months 4.16%
 
DD <= -35% 88.92%
 
-35% < DD <= -40% 14 25.8 Months 3.88%
 
DD <= -40% 92.80%
 
-40% < DD <= -45% 11 32.8 Months 3.05%
 
DD <= -45% 95.84%
 
-45% < DD <= -50% 6 60.2 Months 1.66%
 
DD <= -50% 97.51%
 
-50% < DD <= -55% 6 60.2 Months 1.66%
 
DD <= -55% 99.17%
 
-55% < DD <= -60% 2 180.5 Months 0.55%
 
DD <= -60% 99.72%
 
-60% < DD <= -65% 1 361.0 Months 0.28%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.15% Nov 2007 Feb 2009 16 Jan 2013 47 63 27.41
-44.71% Sep 2000 Sep 2002 25 Nov 2006 50 75 23.58
-30.74% Nov 2021 Sep 2022 11 in progress 17 28 19.95
-18.89% Sep 2018 Dec 2018 4 Jun 2019 6 10 8.85
-18.04% Feb 2020 Mar 2020 2 May 2020 2 4 9.31
-15.28% Jul 1998 Aug 1998 2 Nov 1998 3 5 7.52
-12.87% Aug 2015 Jan 2016 6 Feb 2017 13 19 6.10
-6.98% Feb 1994 Mar 1994 2 Aug 1994 5 7 4.60
-6.43% Jan 2000 Feb 2000 2 Mar 2000 1 3 4.06
-5.76% Jul 1999 Sep 1999 3 Oct 1999 1 4 3.34
-5.45% Mar 1992 Jun 1992 4 Nov 1992 5 9 2.95
-5.18% Aug 1997 Aug 1997 1 Nov 1997 3 4 2.70
-5.09% Sep 2021 Sep 2021 1 Oct 2021 1 2 2.94
-5.03% Apr 2000 May 2000 2 Aug 2000 3 5 3.40
-4.55% Jun 2007 Jul 2007 2 Sep 2007 2 4 2.60
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 115 3.4 Months 29.72%
 
DD = 0% 29.72%
 
0% < DD <= -5% 93 4.2 Months 24.03%
 
DD <= -5% 53.75%
 
-5% < DD <= -10% 43 9.0 Months 11.11%
 
DD <= -10% 64.86%
 
-10% < DD <= -15% 25 15.5 Months 6.46%
 
DD <= -15% 71.32%
 
-15% < DD <= -20% 27 14.3 Months 6.98%
 
DD <= -20% 78.29%
 
-20% < DD <= -25% 33 11.7 Months 8.53%
 
DD <= -25% 86.82%
 
-25% < DD <= -30% 10 38.7 Months 2.58%
 
DD <= -30% 89.41%
 
-30% < DD <= -35% 15 25.8 Months 3.88%
 
DD <= -35% 93.28%
 
-35% < DD <= -40% 8 48.4 Months 2.07%
 
DD <= -40% 95.35%
 
-40% < DD <= -45% 9 43.0 Months 2.33%
 
DD <= -45% 97.67%
 
-45% < DD <= -50% 3 129.0 Months 0.78%
 
DD <= -50% 98.45%
 
-50% < DD <= -55% 5 77.4 Months 1.29%
 
DD <= -55% 99.74%
 
-55% < DD <= -60% 1 387.0 Months 0.26%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-60.26% Sep 2000 Feb 2009 102 Sep 2013 55 157 28.96
-35.39% Nov 2021 Sep 2022 11 in progress 17 28 25.42
-19.24% Sep 2018 Dec 2018 4 Jul 2019 7 11 8.86
-17.80% Feb 2020 Mar 2020 2 May 2020 2 4 9.07
-15.59% Jul 1998 Aug 1998 2 Nov 1998 3 5 7.76
-12.73% Aug 2015 Jan 2016 6 Feb 2017 13 19 6.47
-7.64% Feb 1994 Jun 1994 5 Feb 1995 8 13 4.75
-7.09% Jan 2000 Feb 2000 2 Mar 2000 1 3 4.41
-6.77% Jul 1999 Sep 1999 3 Nov 1999 2 5 3.58
-6.46% Mar 1992 Jun 1992 4 Nov 1992 5 9 3.88
-5.62% Apr 2000 Jul 2000 4 Aug 2000 1 5 3.76
-5.47% Sep 2021 Sep 2021 1 Oct 2021 1 2 3.16
-5.42% Aug 1997 Aug 1997 1 Dec 1997 4 5 2.72
-4.68% Jul 1996 Jul 1996 1 Sep 1996 2 3 2.77
-4.62% Feb 2018 Apr 2018 3 May 2018 1 4 3.34
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 93 4.2 Months 24.03%
 
DD = 0% 24.03%
 
0% < DD <= -5% 77 5.0 Months 19.90%
 
DD <= -5% 43.93%
 
-5% < DD <= -10% 40 9.7 Months 10.34%
 
DD <= -10% 54.26%
 
-10% < DD <= -15% 22 17.6 Months 5.68%
 
DD <= -15% 59.95%
 
-15% < DD <= -20% 29 13.3 Months 7.49%
 
DD <= -20% 67.44%
 
-20% < DD <= -25% 31 12.5 Months 8.01%
 
DD <= -25% 75.45%
 
-25% < DD <= -30% 40 9.7 Months 10.34%
 
DD <= -30% 85.79%
 
-30% < DD <= -35% 15 25.8 Months 3.88%
 
DD <= -35% 89.66%
 
-35% < DD <= -40% 14 27.6 Months 3.62%
 
DD <= -40% 93.28%
 
-40% < DD <= -45% 11 35.2 Months 2.84%
 
DD <= -45% 96.12%
 
-45% < DD <= -50% 6 64.5 Months 1.55%
 
DD <= -50% 97.67%
 
-50% < DD <= -55% 6 64.5 Months 1.55%
 
DD <= -55% 99.22%
 
-55% < DD <= -60% 2 193.5 Months 0.52%
 
DD <= -60% 99.74%
 
-60% < DD <= -65% 1 387.0 Months 0.26%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

INVESCO DWA MOMENTUM ETF (PDP) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1992 - 29 February 2024 (~32 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -50.61 03/2008
02/2009
0.49$ -8.72 0.91$ 14.03 1.14$ 28.18 1.28$ 57.82 04/2020
03/2021
1.57$ 28.79 23.50%
2Y -30.98 03/2007
02/2009
0.47$ -7.40 0.85$ 11.70 1.24$ 23.74 1.53$ 43.39 03/2009
02/2011
2.05$ 9.99 21.96%
3Y -18.91 03/2006
02/2009
0.53$ -4.11 0.88$ 10.82 1.36$ 20.62 1.75$ 32.35 04/1995
03/1998
2.31$ 3.36 20.00%
5Y -9.22 03/2004
02/2009
0.61$ -1.40 0.93$ 9.01 1.53$ 17.79 2.26$ 28.45 01/1995
12/1999
3.49$ 11.88 21.93%
7Y -5.79 03/2002
02/2009
0.65$ 2.28 1.17$ 6.92 1.59$ 13.31 2.39$ 18.32 03/2009
02/2016
3.24$ 11.54 3.25%
10Y -4.78 03/1999
02/2009
0.61$ 2.54 1.28$ 7.63 2.08$ 12.92 3.37$ 16.66 03/2009
02/2019
4.66$ 9.93 10.37%
15Y 3.61 09/2000
08/2015
1.70$ 4.24 1.86$ 6.49 2.56$ 9.00 3.64$ 15.05 03/2009
02/2024
8.18$ 15.05 0.00%
20Y 4.22 04/2000
03/2020
2.28$ 5.67 3.01$ 7.54 4.27$ 8.82 5.41$ 9.58 12/1994
11/2014
6.23$ 8.43 0.00%
30Y 9.35 03/1994
02/2024
14.59$ 9.35 14.59$ 9.35 14.59$ 9.35 14.59$ 9.35 03/1994
02/2024
14.59$ 9.35 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -50.61 03/2008
02/2009
0.49$ -11.96 0.88$ 11.30 1.11$ 25.49 1.25$ 53.79 04/2020
03/2021
1.53$ 25.39 24.64%
2Y -32.37 03/2007
02/2009
0.45$ -11.07 0.79$ 8.91 1.18$ 21.35 1.47$ 40.38 03/2009
02/2011
1.97$ 5.43 25.52%
3Y -20.64 03/2006
02/2009
0.49$ -6.22 0.82$ 8.38 1.27$ 18.49 1.66$ 29.34 04/1995
03/1998
2.16$ -2.04 25.85%
5Y -11.56 03/2004
02/2009
0.54$ -3.70 0.82$ 6.62 1.37$ 15.45 2.05$ 25.47 01/1995
12/1999
3.10$ 7.48 31.56%
7Y -8.16 03/2002
02/2009
0.55$ -0.34 0.97$ 4.56 1.36$ 11.30 2.11$ 16.48 03/2009
02/2016
2.90$ 7.81 17.69%
10Y -7.18 03/1999
02/2009
0.47$ 0.03 1.00$ 5.28 1.67$ 10.88 2.80$ 14.64 03/2009
02/2019
3.92$ 6.96 13.28%
15Y 1.36 05/1999
04/2014
1.22$ 1.89 1.32$ 3.99 1.79$ 6.69 2.64$ 12.20 03/2009
02/2024
5.62$ 12.20 0.00%
20Y 2.10 04/2000
03/2020
1.51$ 3.46 1.97$ 5.15 2.72$ 6.33 3.41$ 7.09 12/1994
11/2014
3.93$ 5.72 0.00%
30Y 6.66 03/1994
02/2024
6.91$ 6.66 6.91$ 6.66 6.91$ 6.66 6.91$ 6.66 03/1994
02/2024
6.91$ 6.66 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -50.61 03/2008
02/2009
0.49$ -6.90 0.93$ 13.87 1.13$ 28.02 1.28$ 57.82 04/2020
03/2021
1.57$ 28.79 21.87%
2Y -30.98 03/2007
02/2009
0.47$ -6.86 0.86$ 12.29 1.26$ 23.53 1.52$ 43.39 03/2009
02/2011
2.05$ 9.99 20.39%
3Y -18.91 03/2006
02/2009
0.53$ -2.62 0.92$ 11.83 1.39$ 20.42 1.74$ 32.35 04/1995
03/1998
2.31$ 3.36 18.52%
5Y -9.22 03/2004
02/2009
0.61$ -1.13 0.94$ 9.74 1.59$ 19.79 2.46$ 28.45 01/1995
12/1999
3.49$ 11.88 20.18%
7Y -5.79 03/2002
02/2009
0.65$ 2.55 1.19$ 7.95 1.70$ 15.11 2.67$ 23.86 07/1992
06/1999
4.47$ 11.54 2.97%
10Y -4.78 03/1999
02/2009
0.61$ 2.94 1.33$ 8.09 2.17$ 13.08 3.41$ 16.66 03/2009
02/2019
4.66$ 9.93 9.36%
15Y 3.61 09/2000
08/2015
1.70$ 4.35 1.89$ 6.82 2.69$ 9.57 3.93$ 15.05 03/2009
02/2024
8.18$ 15.05 0.00%
20Y 4.22 04/2000
03/2020
2.28$ 5.83 3.10$ 7.93 4.59$ 8.85 5.45$ 9.58 12/1994
11/2014
6.23$ 8.43 0.00%
30Y 8.40 11/1993
10/2023
11.24$ 8.83 12.66$ 9.09 13.60$ 9.57 15.51$ 10.30 01/1992
12/2021
18.93$ 9.35 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -50.61 03/2008
02/2009
0.49$ -10.73 0.89$ 11.29 1.11$ 25.43 1.25$ 53.79 04/2020
03/2021
1.53$ 25.39 24.00%
2Y -32.37 03/2007
02/2009
0.45$ -10.56 0.79$ 9.35 1.19$ 20.78 1.45$ 40.38 03/2009
02/2011
1.97$ 5.43 23.69%
3Y -20.64 03/2006
02/2009
0.49$ -5.80 0.83$ 8.87 1.29$ 17.61 1.62$ 29.34 04/1995
03/1998
2.16$ -2.04 23.93%
5Y -11.56 03/2004
02/2009
0.54$ -3.53 0.83$ 7.51 1.43$ 17.38 2.22$ 25.47 01/1995
12/1999
3.10$ 7.48 29.05%
7Y -8.16 03/2002
02/2009
0.55$ -0.11 0.99$ 5.34 1.43$ 13.01 2.35$ 20.89 07/1992
06/1999
3.77$ 7.81 16.17%
10Y -7.18 03/1999
02/2009
0.47$ 0.39 1.04$ 5.59 1.72$ 10.76 2.77$ 14.64 03/2009
02/2019
3.92$ 6.96 11.99%
15Y 1.36 05/1999
04/2014
1.22$ 1.95 1.33$ 4.31 1.88$ 7.28 2.86$ 12.20 03/2009
02/2024
5.62$ 12.20 0.00%
20Y 2.10 04/2000
03/2020
1.51$ 3.56 2.01$ 5.39 2.86$ 6.27 3.37$ 7.09 12/1994
11/2014
3.93$ 5.72 0.00%
30Y 5.73 11/1993
10/2023
5.32$ 6.15 5.99$ 6.42 6.46$ 6.92 7.43$ 7.72 01/1992
12/2021
9.31$ 6.66 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Invesco DWA Momentum ETF (PDP) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in Invesco DWA Momentum ETF (PDP) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-1.16
60%
0.00
40%
-1.32
60%
2.00
60%
1.37
40%
1.82
80%
4.97
100%
1.48
60%
-4.50
0%
2.84
60%
5.08
80%
0.80
60%
Best 6.4
2023
9.6
2024
3.0
2019
12.4
2020
9.8
2020
9.5
2023
11.0
2022
5.8
2020
-1.6
2020
10.6
2022
10.9
2020
5.9
2023
Worst -13.7
2022
-6.8
2020
-12.1
2020
-8.0
2022
-3.1
2019
-11.2
2022
0.5
2023
-2.0
2022
-8.6
2022
-4.4
2023
-2.3
2021
-7.4
2022
Monthly Seasonality over the period Feb 1992 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.35
60%
1.28
60%
-0.30
60%
0.73
44%
2.27
70%
1.20
70%
3.10
90%
1.42
60%
-2.84
10%
1.38
60%
3.27
80%
-0.90
40%
Best 8.3
2019
9.6
2024
5.3
2016
12.4
2020
9.8
2020
9.5
2023
11.0
2022
6.5
2018
0.4
2017
10.6
2022
10.9
2020
5.9
2023
Worst -13.7
2022
-6.8
2020
-12.1
2020
-8.0
2022
-3.1
2019
-11.2
2022
-2.4
2014
-5.8
2015
-8.6
2022
-11.1
2018
-2.3
2021
-9.2
2018
Monthly Seasonality over the period Feb 1992 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.46
61%
0.79
64%
1.04
66%
1.73
65%
1.21
63%
0.24
63%
1.47
66%
0.03
56%
-0.91
47%
1.38
66%
2.23
78%
0.88
63%
Best 8.3
2019
9.6
2024
9.7
2000
12.4
2020
9.8
2020
9.5
2023
11.0
2022
6.5
2000
11.2
2010
10.6
2022
10.9
2020
6.5
1998
Worst -13.7
2022
-9.5
2001
-12.1
2020
-8.0
2022
-7.2
2010
-11.2
2022
-7.9
2002
-14.1
1998
-17.6
2008
-20.4
2008
-9.6
2008
-9.2
2018
Monthly Seasonality over the period Feb 1992 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Invesco DWA Momentum ETF (PDP) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

INVESCO DWA MOMENTUM ETF (PDP) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1992 - 29 February 2024 (~32 years)
225 Positive Months (63%) - 135 Negative Months (38%)
243 Positive Months (63%) - 143 Negative Months (37%)
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(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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