Weekly Feature
Published: April 28, 2025
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 was a change in the NDW Global Technical Leaders Portfolio this week.

There was a change in the NDW Global Technical Leaders Portfolio (TECHLEADERS4) this week as the Invesco NDW Developed Markets Momentum ETF (PIZ) overtook the Invesco NDW Momentum ETF (PDP) for the top spot in the model’s relative strength matrix.

In the TECHLEADERS4 portfolio the top-ranked position receives a 50% weighting with the remaining 50% split equally among the other funds ranked above MNYMKT. Because PIZ now ranks first in the matrix, it receives a 50% weighting in the portfolio. However, because PDP is the only other fund that ranks above money market, it receives the remaining 50% allocation. As a result, the overall allocation of TECHLEADERS4 remains unchanged at 50% PDP and 50% PIZ. Year-to-date (through 4/25) TECHLEADERS4 is down -3.9%.

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