Invesco (Mon.)
Published: Jan 20, 2026
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 are no changes to any of the iShares models this week. Technology remains at the top of the DALI sector rankings, followed by the closely related communication services sector. These sectors have been among the major drivers of the bull market that has been in place over the last three years. Investors looking to allocate towards this strength may wish to consider the Invesco Next Gen Connectivity ETF (KNCT).

KNCT currently has a near-perfect 5.61 fund score, which is 2.01 points better than the average for all technology and communications funds. On its default chart, KNCT has given four consecutive buy signals, most recently completing a bullish catapult at $140 earlier this month. KNCT reached a new all-time high at $144 and has subsequently pulled back to prior resistance at $138, offering an entry point for long exposure. KNCT’s five largest holdings are Taiwan Semiconductor Manufacturing Co (TSM), Apple Inc (AAPL), Broadcom Inc (AVGO), Samsung Electronics Co, and Micron Technology Inc (MU). Year-to-date (through 1/16), KNCT has gained 4.15% on a price return basis after gaining 26.68% in 2025.

The distribution curve places each ETF on a bell curve according to their respective degrees of overbought or oversold status using a 10-week distribution. ETFs that are statistically oversold will appear on the left-hand side of the bell curve, while those that have become statistically overbought will appear on the right-hand side of the bell curve. Perhaps the most useful attribute of this feature is that it displays the entire universe on the curve at one time to give us a general picture of whether the Invesco ETF universe is generally overbought on a near-term basis, or generally oversold. Our best opportunities are to buy strong relative strength ETFs that have regressed back toward mean conditions based on market weakness, or have become oversold based upon extreme market weakness. Weekly Distribution is a short-term gauge that is most helpful in timing entry and exit points, while the longer-term information of trend and relative strength is a more controlling factor in the decision of whether to buy or sell.

 

Average Level

47.40

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Sell signalphb
     
               
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Sell signaludn
 
Buy signalpin
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Buy signalPPA
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Legend:

  • UPPERCASE indicates that the RS chart is on a buy signal.
  • lowercase indicates that the RS chart is in a sell signal.
  • GREEN lettering indicates the ETFs trend chart is on a buy signal.
  • RED lettering indicates the ETF is on a sell signal.
  • Box Color indicates the Sector Status Rating. Green = Favored, Yellow = Average, and Red = Unfavored.

The table below is a review of important technical data on a select group of Invesco ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. Below this week's featured portfolio is the ability to see other Invesco portfolios including Market, Sector, International, Dynamic family, and RAFI family. 

Ticker Name Buys Xs Tech
Attribute/
Score
QQQ Invesco QQQ Trust 15 12 5.16
PWB Invesco Large Cap Growth ETF 14 13 5.54
PKW Invesco Buyback Achievers ETF 13 12 5.02
XMMO Invesco S&P MidCap Momentum ETF 13 10 5.05
XMHQ Invesco S&P MidCap Quality ETF 11 2 3.91
XMVM Invesco S&P MidCap Value with Momentum ETF 9 12 5.48
XSMO Invesco S&P SmallCap Momentum ETF 9 9 4.26
PRF Invesco RAFI US 1000 ETF 8 12 4.35
PFM Invesco Dividend Achievers ETF 7 6 4.00
PDP Invesco Nasdaq Dorsey Wright Momentum ETF 6 6 5.05
PRFZ Invesco RAFI US 1500 Small-Mid ETF 4 8 4.39
BMVP Invesco Bloomberg MVP Multi-factor ETF 4 3 3.90
XSVM Invesco S&P SmallCap Value with Momentum ETF 3 8 3.25
DBC Invesco DB Commodity Index Tracking 2 4 2.58
PBP Invesco S&P 500 BuyWrite 2 3 2.36
PEY Invesco High Yield Equity Dividend Achievers ETF 1 0 1.26

 

 

Other Invesco Matrices
Market Sector International Dynamic Sector Commodity

 

 

Invesco Sector Seven Model POWER7

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco Wilderhill Clean Energy PBW 14.286% 0.7869 09/19/2025
Invesco Pharmaceuticals ETF PJP 14.286% 0.9781 01/09/2026
Invesco Semiconductors ETF PSI 14.286% 0.0966 10/10/2025
Invesco Next Gen Connectivity ETF KNCT 14.286% 0.8558 11/21/2025
Invesco Aerospace & Defense ETF PPA 14.286% 0.4207 06/24/2022
Invesco Global Clean Energy ETF PBD 14.286% 2.7070 11/14/2025
Invesco Nasdaq Internet ETF PNQI 14.286% 0.0167 12/08/2023

 

* - Dates prior to 1/24/2011, which is when the Invesco Sector Seven ETF Model Portfolio became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

 

Invesco Small Cap Sector Model POWERSMALL

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco S&P SmallCap Financials ETF PSCF 33.333% 2.0916 01/10/2025
Invesco S&P SmallCap Industrials ETF PSCI 33.333% 0.5356 02/24/2023
Invesco S&P SmallCap Information Technology ETF PSCT 33.333% 0.0248 11/14/2025

 

* - Dates prior to 6/1/10, which is when the Invesco Small Cap Sector Model ETF Portfolio became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

 

NDW Global Technical Leaders Portfolio TECHLEADERS4

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco Nasdaq Dorsey Wright Momentum ETF PDP 25.000% 0.1737 12/15/2023
Invesco Nasdaq Dorsey Wright Emerging Markets Momentum ETF PIE 25.000% 2.2582 07/25/2025
Invesco Nasdaq Dorsey Wright Developed Markets Momentum ETF PIZ 50.000% 1.5589 02/09/2024


 

 

* - Dates prior to 6/7/13, which is when the DWA Global Technical Leaders Portfolio became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

 

NDW Sector 4 Model POWER4

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco Nasdaq Dorsey Wright Basic Materials PYZ 25.000% 0.7184 10/31/2025
Invesco Nasdaq Dorsey Wright Financial Momentum Inc. PFI 25.000% 0.6772 02/02/2024
Invesco Nasdaq Dorsey Wright Industrials Momentum ETF PRN 25.000% 0.1652 12/30/2022
Invesco Nasdaq Dorsey Wright Technology Momentum ETF PTF 25.000% 0.2058 05/02/2025

 

 

NDW Global Factor Model GLOBALFACTOR

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco S&P Emerging Markets Low Volatility ETF EELV 4.500% 3.7427 07/03/2025
Invesco Nasdaq Dorsey Wright SmallCap Momentum ETF DWAS 24.500% 0.0700 07/03/2025
Invesco Nasdaq Dorsey Wright Momentum ETF PDP 24.500% 0.1737 07/03/2025
Invesco Nasdaq Dorsey Wright Emerging Markets Momentum ETF PIE 10.500% 2.2582 07/03/2025
Invesco Nasdaq Dorsey Wright Developed Markets Momentum ETF PIZ 10.500% 1.5589 07/03/2025
Invesco S&P International Developed Low Volatility ETF IDLV 4.500% 4.6211 07/03/2025
Invesco S&P 500 Low Volatility ETF SPLV 10.500% 2.0397 07/03/2025
Invesco S&P SmallCap Low Volatility ETF XSLV 10.500% 2.1392 07/03/2025

 

* - Dates prior to 8/31/15, which is when the Invesco Multi Factor Global Equity Model became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

 

Invesco Commodity Model POWRSHARES

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco DB Commodity Index Tracking DBC 50.000% 3.3223 08/15/2025
Invesco DB Precious Metals Fund DBP 50.000% 2.4303 04/11/2025

 

 

Invesco Special Opportunities Model GUGGSO

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco China Technology ETF CQQQ 20.000% 2.1600 03/07/2025
Invesco Buyback Achievers ETF PKW 20.000% 0.9910 06/12/2020
Invesco S&P 500 Equal Weight ETF RSP 20.000% 1.6374 03/10/2023
Invesco S&P 500 Top 50 ETF XLG 20.000% 0.6414 06/09/2023
Invesco Bloomberg Analyst Rating Improvers ETF UPGD 20.000% 1.7465 03/26/2021

 

* - Dates prior to 10/14/08, which is when the Invesco Special Opportunities Model ETF Portfolio became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

 

Invesco Dynamic Equal Weight Sector Model GUGGEWSECT

ETF Name Symbol NDW Suggested Weighting Yield Date Added
Invesco S&P Equal Weight Financials ETF RSPF 33.333% 1.5502 08/02/2024
Invesco S&P Equal Weight Industrials ETF RSPN 33.333% 0.8608 01/31/2025
Invesco S&P Equal Weight Technology ETF RSPT 33.333% 0.3853 05/30/2025

 

* - Dates prior to 8/15/2017, which is when the Invesco Dynamic Equal Weight Sector Model became available in the Invesco Weekly ETF Report, are representative of when the position was added to the backtested model.

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