PIE

Invesco DWA Emerging Markets Momentum ETF
D

50
*Unless otherwise stated, data provided by FactSet.

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. PIE offers middling liquidity, with mediocre spreads and volume for retail traders. However, underlying liquidity is weak and larger investors will want help from market makers to get decent execution. In terms of Efficiency, PIE charges a steep fee that's in line with many other alpha-seeking funds, although tracking is generally tight, which keeps realized costs under control.

PIE MSCI ESG Analytics Insight

Invesco DWA Emerging Markets Momentum ETF has an MSCI ESG Fund Rating of BB based on a score of 3.48 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco DWA Emerging Markets Momentum ETF ranks in the 14th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PIE MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PIE Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PIE 2.62% 2.93% 19.35% 14.24% 7.41% 2.01% 3.57%
PIE (NAV) 2.34% 2.01% 18.38% 13.25% 7.34% 1.95% 3.76%
Dorsey Wright Emerging Markets Technical Leaders Index 2.64% 1.79% 19.42% 14.51% 8.81% -- 3.76%
MSCI Emerging Markets Investable Market Index 1.13% -2.06% 8.29% 6.80% 6.73% 3.19% 3.06%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PIE Summary Data

Invesco
12/28/07
Open-Ended Fund
0.90%
$164.95M
$812.76K
0.33%

PIE Portfolio Data

$28.64B
15.95
2.73
2.27%
09/23/19
101

PIE Index Data

Momentum
Momentum
MSCI Emerging Markets Investable Market Index

PIE Portfolio Management

0.90%
-1.49%
0.18%
-2.79%

PIE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PIE Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

PIE Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PIE. PIE is rated a 4 out of 5.

PIE Tradability

46,019
$812.76K
25,242
$436.98K
0.33%
$0.06
-0.31%
1.36% / -2.23%
None
16.00%
50,000
0.50
0.27%
0.18%
1
$18.32
4

PIE Sector/Industry Breakdown


PIE
Segment Benchmark
28.68%
26.97%
16.44%
7.18%
15.49%
6.34%
13.40%
7.42%
10.70%
26.93%
8.80%
3.17%
4.21%
7.53%
1.26%
7.10%
0.60%
3.12%
0.42%
4.24%

PIE Top 10 Holdings[View All]

3.04%
2.76%
2.74%
2.72%
2.51%
2.50%
2.26%
2.18%
2.17%
25.66%

PIE Countries


PIE
Segment Benchmark
26.94%
21.19%
16.11%
12.09%
15.34%
7.62%
15.31%
3.17%
9.08%
5.57%
4.61%
8.59%
3.43%
2.17%
3.15%
1.09%
2.05%
8.89%
1.63%
2.15%

PIE Regions


PIE
Segment Benchmark
73.24%
71.27%
15.94%
11.68%
9.74%
10.17%
1.08%
6.06%
--
0.82%

PIE Economic Development


PIE
Segment Benchmark
56.94%
53.39%
43.06%
46.61%

PIE Performance Statistics

0.74
0.83
0.82
0.80
0.39%
MSCI Emerging Markets Investable Market Index

PIE MSCI ESG Ratings

BB
3.48 / 10
17.25
13.65
2.02%
5.00%
378.15

PIE Benchmark Comparison Holdings

101
2760
88
14.16%

PIE Benchmark Comparison Summary


PIE
Segment Benchmark
101
2760
$28.64B
$80.15B
15.95
13.79
2.73
1.52
2.38%
2.89%
Low
Low

PIE Benchmark Comparison Market Cap Size


PIE
Segment Benchmark
38.34%
58.52%
39.97%
27.63%
21.69%
11.41%
0.00%
2.45%