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DWAS vs DVOL

Invesco DWA SmallCap Momentum ETF vs First Trust Dorsey Wright Momentum & Low Volatility ETF

DWAS

Invesco DWA SmallCap Momentum ETF

Invesco

Annual cost

0.60%

Fund size

$410M

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

First Trust

Annual cost

0.60%

Fund size

$74M

Key differences

  • DWAS is significantly larger than DVOL — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, DWAS has delivered higher annualized returns.
  • DWAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DWASDVOL
Annual cost (TER)0.60%0.60%
Fund size (AUM)$410M$74M
Since20122018
Dividend yield0.01%0.66%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.1%+4.2%
CAGR 3Y+17.3%+13.2%
CAGR 5Y+7.9%+7.8%
Sharpe 3Y0.630.75
Volatility 1Y22.87%11.75%
Max drawdown-46.16%-38.26%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DWAS and DVOL