PIZ

Invesco DWA Developed Markets Momentum ETF
D

60
*Unless otherwise stated, data provided by FactSet.

PIZ Fund Description

PIZ tracks an index of stocks in developed markets outside the U.S. that exhibit high relative strength characteristics.

PIZ Factset Analytics Insight

Alpha-seeking PIZ searches for outperformance in developed markets outside the US based on a trend-following index from Dorsey Wright. The index picks about 100 stocks from thousands in its attempt to beat the market, which is why many names that dominate our benchmark aren't included in the basket. PIZ favors midcap stocks, which account for more than twice their benchmark weight, and the fund makes many sector bets that are liable to change quite a bit over time, though it does tend to consistently underweight financials. While PIZ may not succeed in delivering outperformance, it's also less volatile than some alpha-seekers. PIZ has decent liquidity, with sizeable daily volume and moderate spreads. Its liquid basket also allows for straightforward block execution. Holding costs may be an issue, however, as PIZ charges a high fee and tends to lag its index by even more than its expense ratio, which creates a headwind for investors seeking to get better-than-average returns.

PIZ MSCI ESG Analytics Insight

Invesco DWA Developed Markets Momentum ETF has an MSCI ESG Fund Rating of A based on a score of 6.42 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 Developed Markets Momentum ETF ranks in the 77th percentile within its peer group and in the 40th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PIZ 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.

PIZ 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 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PIZ -4.15% 1.04% 14.58% -4.70% 4.88% 1.90% 6.06%
PIZ (NAV) -4.79% 0.30% 14.12% -2.94% 4.61% 1.93% 6.35%
Dorsey Wright Developed Markets Technical Leaders Index -4.74% 0.54% 14.71% -2.15% 5.32% -- 6.35%
MSCI World ex USA IMI -6.34% -2.68% 7.45% -3.66% 4.41% 1.61% 5.19%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PIZ Summary Data

Invesco
12/28/07
Open-Ended Fund
0.80%
$174.93M
$538.97K
0.25%

PIZ Portfolio Data

$27.95B
26.41
4.31
0.98%
09/23/19
101

PIZ Index Data

Momentum
Momentum
MSCI World ex USA IMI

PIZ Portfolio Management

0.80%
-0.67%
1.01%
-18.59%

PIZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PIZ 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 -
Daily Spread
Premium/Discount
Volume

PIZ Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

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

PIZ Tradability

19,992
$538.97K
12,910
$349.17K
0.25%
$0.07
-0.07%
0.64% / -0.98%
None
32.00%
50,000
0.26
0.11%
0.13%
0
$26.07
4

PIZ Sector/Industry Breakdown


PIZ
Segment Benchmark
23.76%
15.76%
18.16%
9.82%
13.25%
11.73%
12.70%
6.66%
12.06%
24.12%
7.34%
7.88%
7.03%
10.41%
3.07%
6.62%
2.08%
3.58%
0.55%
3.42%

PIZ TOP 10 HOLDINGS[View All]

2.90%
2.86%
2.81%
2.69%
2.65%
2.64%
2.57%
2.30%
2.24%
2.18%
25.84%

PIZ Countries


PIZ
Segment Benchmark
14.89%
8.69%
13.71%
15.40%
9.41%
6.54%
9.32%
7.69%
8.83%
9.13%
8.43%
22.73%
6.96%
0.32%
5.26%
1.59%
4.72%
0.95%
4.68%
7.65%

PIZ Regions


PIZ
Segment Benchmark
53.89%
55.70%
28.86%
34.27%
16.08%
9.53%
1.17%
0.49%

PIZ Economic Development


PIZ
Segment Benchmark
100.00%
100.00%
--
0.00%

PIZ Performance Statistics

0.81
1.04
1.12
1.16
0.38%
MSCI World ex USA IMI

PIZ MSCI ESG Ratings

A
6.42 / 10
39.97
76.60
5.91%
5.72%
141.11

PIZ BENCHMARK COMPARISON HOLDINGS

101
3558
108
12.90%

PIZ BENCHMARK COMPARISON SUMMARY


PIZ
Segment Benchmark
101
3558
$27.95B
$54.50B
26.41
16.74
4.31
1.59
1.71%
3.19%
Low
Low

PIZ BENCHMARK COMPARISON MARKET CAP SIZE


PIZ
Segment Benchmark
50.56%
68.45%
49.44%
22.73%
0.00%
7.74%
0.00%
1.07%