Weekly Feature | Nasdaq Dorsey Wright

Weekly Feature

Published: April 12, 2021

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

There is a change to the Invesco Commodity Model [POWRSHARES] this week.

There is a change to the Invesco Commodity Model POWRSHARES this week: buy the Invesco DB Base Metals Fund DBB and sell the Invesco DB Energy Fund DBE. DBE was removed because its rank in the model’s relative strength matrix fell below the threshold to remain a holding in the portfolio. In place of DBE, the model added DBB as it was the highest-ranking fund in the matrix that was not already a holding in the model. This is the second change to the model this year.

DBB currently has a favorable 4.17 fund score and positive 1.48 score direction. On its default chart, DBB has given two consecutive buy signals and currently sits one box below the multi-year high it reached it February. Year-to-date (through 4/9) DBB has gained 10.31% on a price return basis.

In addition to DBB, the model also has exposure to the Invesco DB Oil Fund DBO. Year-to-date the model has gained 19.13%.

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**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. PowerShares has arranged with Dorsey, Wright to provide this specialized ETF Point & Figure Analysis page on PowerShares sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither Dorsey, Wright nor PowerShares through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including NASD Rules 2090 and 2111. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or PowerShares. If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the PowerShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.powershares.com.

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