Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) Historical Volatility

Tracking DWAS historical volatility helps you see how much Invesco Dorsey Wright SmallCap Momentum ETF's stock price has actually moved over past periods, giving you a baseline to judge whether current option premiums are fair, cheap, or expensive. While implied volatility tells you what the market expects, Invesco Dorsey Wright SmallCap Momentum ETF's HV tells you what really happened. Use our scanner to monitor DWAS 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of an underlying's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. The DWAS 30 day historical volatility is one of the most widely watched readings because it balances responsiveness with stability. Comparing Invesco Dorsey Wright SmallCap Momentum ETF's HV to its implied volatility reveals the volatility risk premium — when IV sits well above HV, option sellers tend to have an edge; when HV runs hot relative to IV, buyers may be underpaying for movement.

The Invesco Dorsey Wright SmallCap Momentum ETF (Fund) is based on the Dorsey Wright SmallCap Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics based on that company’s market performance. Approximately 200 companies are selected for inclusion in the Index from the NASDAQ US Benchmark Index.

The Fund and the Index are rebalanced and reconstituted quarterly.Effective after the close of markets on Aug. 25, 2023, the Fund’s name will change from Invesco DWA SmallCap Momentum ETF to Invesco Dorsey Wright SmallCap Momentum ETF. No other changes were made to the Fund. See the prospectus for more information.

Sizing a long premium trade, modeling a covered call, or hunting volatility arbitrage all come back to one question: how much has the stock actually moved? Our scanner puts Invesco Dorsey Wright SmallCap Momentum ETF's historical volatility side-by-side with implied readings across every lookback window, so you can see exactly where DWAS HV is running hot, cold, or in line. Make the DWAS 30 day historical volatility — and every other window — work for your edge instead of against it.