DWAS Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright SmallCap Momentum ETF
- Last close
- 101.85
- 504-day return
- +11.05%
- Median $/day
- $1.8M
- Significant pairs
- 3933
DWAS vs VFMO
Both indexed to 100 at 2026-05-11.
Moves with DWAS
Same-day co-movement.
| Symbol | $/day | Lag | ρ | Holdout ρ | Stability | q | Tier |
|---|---|---|---|---|---|---|---|
| VFMO Vanguard U.S. Momentum Factor ETF | $7.1M | 0d | +0.93 | +0.93 | 100% | <1e-15 | robust |
| IWO iShares Russell 2000 Growth ETF | $121.6M | 0d | +0.93 | +0.92 | 100% | <1e-15 | robust |
| FYC First Trust Small Cap Growth AlphaDEX Fund | $4.5M | 0d | +0.93 | +0.91 | 100% | <1e-15 | robust |
| MMSC First Trust Multi-Manager Small Cap Opportunities ETF | $103k | 0d | +0.92 | +0.93 | 100% | <1e-15 | robust |
| FNY First Trust Mid Cap Growth AlphaDEX Fund | $1.2M | 0d | +0.92 | +0.92 | 100% | <1e-15 | robust |
| IWC iShares Micro-Cap ETF | $7.0M | 0d | +0.91 | +0.88 | 100% | <1e-15 | robust |
| IWM iShares Russell 2000 ETF | $7.1B | 0d | +0.89 | +0.87 | 100% | <1e-15 | robust |
| SMIZ Zacks Small/Mid Cap ETF | $683k | 0d | +0.89 | +0.87 | 100% | <1e-15 | robust |
| VXF Vanguard Extended Market ETF | $81.3M | 0d | +0.88 | +0.86 | 100% | <1e-15 | robust |
| JSML Janus Detroit Street Trust Janus Henderson Small Cap Growth Alpha ETF | $909k | 0d | +0.88 | +0.90 | 100% | <1e-15 | robust |
| SEIS SEI Exchange Traded Funds SEI Select Small Cap ETF | $1.0M | 0d | +0.88 | +0.84 | 100% | <1e-15 | robust |
| FSCC Federated Hermes MDT Small Cap Core ETF | $302k | 0d | +0.88 | +0.85 | 100% | <1e-15 | robust |
| GSC Goldman Sachs Small Cap Equity ETF | $542k | 0d | +0.87 | +0.88 | 100% | <1e-15 | robust |
| AFSM First Trust Active Factor Small Cap ETF | $321k | 0d | +0.87 | +0.86 | 100% | <1e-15 | robust |
| JSMD Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF | $3.4M | 0d | +0.87 | +0.92 | 100% | <1e-15 | robust |
Moves against DWAS
| Symbol | $/day | Lag | ρ | Holdout ρ | Stability | q | Tier |
|---|---|---|---|---|---|---|---|
| BTAL AGF U.S. Market Neutral Anti-Beta Fund | $8.6M | 0d | -0.73 | -0.80 | 100% | <1e-15 | robust |
| YQQQ Tidal Trust II YieldMax Short N100 Option Income Strategy ETF | $353k | 0d | -0.69 | -0.76 | 100% | <1e-15 | robust |
| VXX iPath Series B S&P 500 VIX Short-Term Futures ETN | $222.2M | 0d | -0.62 | -0.57 | 100% | <1e-15 | robust |
| VXZ iPath Series B S&P 500 VIX Mid-Term Futures ETN | $572k | 0d | -0.55 | -0.42 | 100% | <1e-15 | robust |
| VIXM ProShares VIX Mid-Term Futures ETF | $2.7M | 0d | -0.54 | -0.44 | 100% | <1e-15 | robust |
| TAIL Cambria Tail Risk ETF | $1.9M | 0d | -0.51 | -0.40 | 100% | <1e-15 | robust |
| CRSH YieldMax Short TSLA Option Income Strategy ETF | $455k | 0d | -0.47 | -0.55 | 100% | <1e-15 | robust |
| DIPS YieldMax Short NVDA Option Income Strategy ETF | $211k | 0d | -0.46 | -0.51 | 100% | <1e-15 | robust |
| HDGE AdvisorShares Active Bear ETF | $1.1M | 0d | -0.47 | -0.18 | 88% | <1e-15 | moderate |
| QBER TrueShares Quarterly Bear Hedge ETF | $424k | 0d | -0.34 | -0.29 | 88% | 6e-14 | robust |
| DWSH AdvisorShares Trust AdvisorShares Dorsey Wright Short ETF | $195k | 0d | -0.32 | -0.00 | 75% | 7e-13 | moderate |