Weekly Feature | Nasdaq Dorsey Wright

Weekly Feature

Published: July 6, 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 two changes to the NDW Sector 4 Model (POWER4) this week.

There are two changes to the NDW Sector 4 Model (POWER4) this week: sell the Invesco NDW Utilities Momentum ETF (PUI) and the Invesco NDW Energy Momentum ETF (PXI) and buy the Invesco NDW Healthcare Momentum ETF (PTH) and the Invesco NDW Financials Momentum ETF (PFI). PUI and PXI were sold because utilities and energy fell out of the top four in the model’s relative strength sector rankings. As replacements, the model added PTH and PFI as healthcare and financials have moved into the top four in the rankings.

PTH currently has a near-perfect 5.85 fund score, which is 1.52 points better than the average for all healthcare & biotech ETFs. On its default chart, PTH has given two consecutive buy signals and currently sits at a multi-year high. Year-to-date (through 7/2) PTH has gained 21.84% on a price return basis.

PFI currently has an acceptable 3.31 fund score, which is 0.04 points better than the average for all financials funds, and a positive 2.88 score direction. On its default chart, PFI returned to a buy signal in mid-June when it broke a double top at $61. Year-to-date, PFI has gained 6.58%

In addition to PTH and PFI, POWER4 also has exposure to industrials and technology. Year-to-date, the model has gained 16.69% while the S&P 500 (SPX) is up 9.32%.

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DISCLOSURE

**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.