Invesco DWA Developed Markets Momentum ETF
PIZ NASDAQ
The Invesco DWA Developed Markets Momentum ETF is based on the Dorsey Wright® Developed Markets Technical Leaders Index (DWA Developed Markets Technical Leaders Index). The Fund will generally invest at least 90% of its total assets in securities of developed economies within Dorsey Wright & Associ...
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- Fund size
- 186M as of Feb 2020
- Expense ratio
- 0.81% per year
- Dividend yield
- 1.84% Quarterly
- Volatility · 1Y
- 23.9% Above Average
- Beta
- 0.90 vs the market
- 52-week range
- 45.4558.70
How PIZ has paid off
Price return over every period, and total return with dividends reinvested, set against its benchmark.
Return by period
Price · to Oct 12Total return vs benchmark
Total Market US Cap Weighted 1200 IndexOver 1 year, PIZ returned +11.3% with dividends reinvested — −42.4 pts behind its benchmark.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±24% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −16.0% on Jul 29, 2026 — 82 days after the previous high
More than 5% below a high 47% of the time.
Risk vs reward
1YOver 1 year, PIZ delivered less return with more risk than its benchmark.
Market sensitivity
BetaA beta of 0.90 means PIZ has moved roughly in line with the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Uptrend- 12-day average51.96 −2.2%
- 26-day average52.55 −3.4%
- 50-day average52.95 −4.1%
- 200-day average52.02 −2.4%
The price is above 0 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.
Relative strength (RSI)
OversoldRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Developed Markets (ex-US) · InvestableMkt Momentum — tracking the Dorsey Wright® Developed Markets Technical Leaders Index.
- Assets under management186MUSD
- Expense ratio0.81%per year
- Holdings118
- Risk score4.7Medium
Launched January 2008. Fund data as of Feb 27, 2020.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 18 USD a year for every 1,000 USD invested at today's price.
- Per share
- 0.93
- Frequency
- Quarterly
- Last paid
- Sep 21, 2026
Last 12 months
0.48 USD / shareWhere PIZ shows up
Curated themes and indices that hold PIZ. Open one to see it in context, or test the whole theme in a portfolio.
About Invesco DWA Developed Markets Momentum ETF
The Invesco DWA Developed Markets Momentum ETF is based on the Dorsey Wright® Developed Markets Technical Leaders Index (DWA Developed Markets Technical Leaders Index). The Fund will generally invest at least 90% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. This Index includes approximately 100 companies from the Nasdaq Developed Markets Ex United States Index that possess powerful relative strength characteristics and are domiciled in developed markets including, but not limited to Australia, Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Norway, Portugal, Singapore, Spain and Switzerland
- Featured in 2 curated themes
- 118 holdings
- Ticker
- PIZ
- Exchange
- NASDAQ
- ISIN
- US46138E8755
- CUSIP
- 46138E875
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Developed Markets (ex-US)
- Industry
- InvestableMkt Momentum
- Benchmark
- Total Market US Cap Weighted 1200 Index
All key statistics
Details
Shareas of Oct 12, 2026
Dataas of Feb 27, 2020
Put PIZ to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.