Zacks Investment Research
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
The Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a passively managed ETF offering exposure to industrials companies with a 0.6% expense ratio. With $325.27 million in assets and a Zacks ETF Rank of 3 (Hold), it has returned 10.17% year-to-date and 9.7% over the past year, but carries medium-to-higher risk with a beta of 1.28. The article suggests considering alternative industrial ETFs like AIRR and XLI for comparison.
