PIE Invesco DWA Emerging Markets Momentum ETF
PIE Fund Description
PIE tracks an index of stocks in emerging markets that show high relative strength characteristics.
PIE Factset Analytics Insight
PIE aims to find winning stocks in emerging markets using a Dorsey Wright technical analysis index that relies on trends in relative price. The fund holds a small basket of about 100 names and tends to favor smaller firms, resulting in a far lower average market cap than our benchmark. PIE makes no effort at marketlike sector coverage, so it's liable to make heavy sector bets relative to the benchmark, and those bets are likely to change over time. This strategy has paid off at times, but it's also suffered slumps where it generated no significant alpha. The underlying index is computed using the net return, which withholds applicable taxes for non-resident investors. The index and fund are reconstituted and rebalanced quarterly.
PIE Summary Data
PIE Portfolio Data
PIE Index Data
PIE Portfolio Management
PIE Tax Exposures
PIE Fund Structure
PIE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PIE. PIE is rated a 3 out of 5.
PIE Sector/Industry Breakdown
PIE Top 10 Holdings[View All]
PIE Economic Development
PIE Performance Statistics
PIE Benchmark Comparison Summary
PIE Benchmark Comparison Market Cap Size