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Invesco Dorsey Wright Financial Momentum ETF
PFI (Invesco Dorsey Wright Financial Momentum ETF) is a factor Financial Services Equity ETF by Invesco. With a 0.60% MER, it provides diversified exposure through 42 holdings. Quarterly distribution with a 0.77% yield.
PFI by Invesco is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.60% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.