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Upturn AI SWOT - About
Invesco DWA Developed Markets Momentum ETF (PIZ)
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Upturn Advisory Summary
10/24/2025: PIZ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 16.57% | Avg. Invested days 59 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.13 | 52 Weeks Range 32.18 - 45.80 | Updated Date 06/29/2025 |
52 Weeks Range 32.18 - 45.80 | Updated Date 06/29/2025 |
Upturn AI SWOT
Invesco DWA Developed Markets Momentum ETF
ETF Overview
Overview
The Invesco DWA Developed Markets Momentum ETF (PIZ) seeks to track the Dorsey Wright Developed Markets Technical Leaders Index, investing in developed markets companies exhibiting relative strength (momentum). The fund aims to provide capital appreciation through a momentum-based strategy in developed markets outside of North America.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a wide range of ETF offerings.
Management Expertise
Invesco has extensive experience in managing ETFs across various asset classes and investment strategies.
Investment Objective
Goal
To track the investment results (before fees and expenses) of the Dorsey Wright Developed Markets Technical Leaders Index.
Investment Approach and Strategy
Strategy: The ETF employs a full replication strategy to track the Dorsey Wright Developed Markets Technical Leaders Index, which selects companies from developed markets based on their relative strength or momentum.
Composition The ETF holds a diversified portfolio of stocks from developed markets, excluding North America, selected based on their momentum characteristics.
Market Position
Market Share: PIZ holds a relatively small market share compared to broader developed market ETFs.
Total Net Assets (AUM): 221791383.45
Competitors
Key Competitors
- IVV (iShares Core S&P 500 ETF)
- VEA (Vanguard FTSE Developed Markets ETF)
- EFA (iShares MSCI EAFE ETF)
Competitive Landscape
The competitive landscape is dominated by broad market ETFs like VEA and EFA. PIZ differentiates itself by focusing on momentum, potentially leading to higher returns but also higher volatility. PIZ may appeal to investors seeking a more active approach within developed markets, but the higher expense ratio compared to passively managed market ETFs like VEA can be a disadvantage.
Financial Performance
Historical Performance: Historical performance can be found on financial websites. (e.g. Morningstar, Yahoo Finance).
Benchmark Comparison: Performance is benchmarked against the Dorsey Wright Developed Markets Technical Leaders Index.
Expense Ratio: 0.58
Liquidity
Average Trading Volume
The average trading volume of PIZ is moderate, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for PIZ is generally competitive, reflecting its decent liquidity.
Market Dynamics
Market Environment Factors
Economic growth in developed markets, investor sentiment, and sector-specific trends can influence the performance of PIZ.
Growth Trajectory
The growth trajectory of PIZ depends on the continued interest in momentum-based investing and the relative performance of developed markets compared to other regions.
Moat and Competitive Advantages
Competitive Edge
PIZ's competitive advantage lies in its unique momentum-based strategy, which aims to identify and invest in companies with strong relative strength. This differentiates it from broad market ETFs and may lead to higher returns during periods of strong market momentum. The Dorsey Wright methodology provides a systematic approach to identifying these companies. However, momentum strategies can be volatile and may underperform during market corrections or periods of low volatility.
Risk Analysis
Volatility
PIZ is expected to exhibit higher volatility than broad market developed markets ETFs due to its momentum-based strategy.
Market Risk
PIZ is subject to market risk, including economic downturns and geopolitical events that can negatively impact developed markets.
Investor Profile
Ideal Investor Profile
PIZ is suitable for investors seeking capital appreciation through a momentum-based strategy in developed markets and who are comfortable with higher volatility.
Market Risk
PIZ is more suitable for active traders and investors with a higher risk tolerance seeking to outperform broader market indices.
Summary
The Invesco DWA Developed Markets Momentum ETF (PIZ) offers a unique momentum-based approach to investing in developed markets. It tracks the Dorsey Wright Developed Markets Technical Leaders Index, aiming for capital appreciation. However, the fund exhibits higher volatility and expense ratio than passively managed ETFs. Its suitability aligns to active investors who are seeking to potentially outperform broader market indices by investing in momentum and is comfortable with higher volatility.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco official website
- Morningstar
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco DWA Developed Markets Momentum ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of equity securities of large capitalization companies classified as developed markets, excluding the United States.
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