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  PowerShares DWA NASDAQ Momentum Portfolio (DWAQ) - NYSEARCA

DWAQ vs. ETF Alternatives
DWAQ Description
The PowerShares DWA NASDAQ Momentum Portfolio (Fund) is based on Dorsey Wright NASDAQ Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is chosen from a universe of approximately 1,000 common stocks having the largest market capitalizations and traded on the NASDAQ exchange. All securities in the universe are ranked using a proprietary relative strength (momentum) measure. Each security's score is based on intermediate and long-term price movements relative to a representative market benchmark and the other eligible securities. The top 100 securities are selected for the Index. The Fund and the Index are rebalanced and reconstituted quarterly.
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Country: United States
Key Info
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