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Upturn AI SWOT - About
Invesco DWA Developed Markets Momentum ETF (PIZ)
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Upturn Advisory Summary
04/01/2025: PIZ (1-star) is a SELL. SELL since 1 days. Profits (-0.75%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -7.29% | Avg. Invested days 41 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 30755 | Beta 1.11 | 52 Weeks Range 32.09 - 40.33 | Updated Date 04/2/2025 |
52 Weeks Range 32.09 - 40.33 | Updated Date 04/2/2025 |
Upturn AI SWOT
Invesco DWA Developed Markets Momentum ETF
ETF Overview
Overview
The Invesco DWA Developed Markets Momentum ETF (PIZ) tracks an index of developed market companies exhibiting relative strength or momentum. It offers exposure to companies demonstrating strong price performance across various developed markets, excluding the US and Canada.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a long track record in the ETF market.
Management Expertise
Invesco has a dedicated team of experienced investment professionals managing its ETF offerings, including the DWA series.
Investment Objective
Goal
The primary goal of PIZ is to track the Dorsey Wright Developed Markets Technical Leaders Index and provide investment results corresponding to its price and yield, before fees and expenses.
Investment Approach and Strategy
Strategy: PIZ aims to track a specific index, the Dorsey Wright Developed Markets Technical Leaders Index, which focuses on momentum-based investing.
Composition PIZ primarily holds stocks of companies located in developed markets, excluding the United States and Canada, that exhibit strong momentum characteristics.
Market Position
Market Share: PIZ holds a niche market share within the broader developed markets ETF category, specifically targeting momentum-based strategies.
Total Net Assets (AUM): 39000000
Competitors
Key Competitors
- iShares MSCI EAFE Momentum Factor ETF (EFAM)
- SPDR MSCI EAFE StrategicFactors ETF (QEFA)
- Vanguard FTSE Developed Markets ETF (VEA)
Competitive Landscape
The competitive landscape includes broad developed market ETFs and factor-based funds. PIZ's advantage lies in its specific momentum-based strategy, offering targeted exposure. A disadvantage is that its focused approach might lead to higher volatility compared to broad market ETFs.
Financial Performance
Historical Performance: Historical performance data needs to be obtained from financial data providers.
Benchmark Comparison: Benchmark comparison data needs to be obtained from financial data providers.
Expense Ratio: 0.0065
Liquidity
Average Trading Volume
PIZ's average trading volume provides sufficient liquidity for most investors, but should be checked for current levels.
Bid-Ask Spread
The bid-ask spread for PIZ is generally tight, indicating relatively low transaction costs, but should be verified before trading.
Market Dynamics
Market Environment Factors
Economic growth in developed markets, interest rate policies, and investor sentiment all affect PIZ. Sector performance within the developed markets also plays a role.
Growth Trajectory
The growth trajectory of PIZ depends on the popularity of momentum investing and the performance of its underlying index. Changes in the index methodology and the ETF's holdings can also impact its growth.
Moat and Competitive Advantages
Competitive Edge
PIZ's competitive edge lies in its use of the Dorsey Wright methodology, a well-regarded technical analysis approach focused on relative strength. This allows investors to specifically target high-momentum stocks in developed markets. Its distinct momentum-based strategy provides differentiation. The ETF offers a systematic approach to capturing potential outperformance from stocks exhibiting strong price trends.
Risk Analysis
Volatility
PIZ is expected to exhibit higher volatility compared to broad developed market ETFs due to its focused momentum strategy.
Market Risk
PIZ is subject to market risk, including fluctuations in stock prices and currency exchange rates in developed markets. The momentum factor itself can be cyclical and prone to reversals.
Investor Profile
Ideal Investor Profile
The ideal investor for PIZ is someone seeking targeted exposure to developed market equities with a momentum-based investment strategy and who is comfortable with potentially higher volatility.
Market Risk
PIZ is suitable for long-term investors who believe in the momentum factor and are willing to accept potentially higher short-term volatility in pursuit of higher returns.
Summary
Invesco DWA Developed Markets Momentum ETF (PIZ) offers exposure to developed market companies exhibiting strong price momentum. It targets investors who believe in the momentum factor and seek to outperform traditional market indices. The ETF's focused approach can lead to higher volatility but also the potential for higher returns. The Dorsey Wright methodology offers a systematic approach to capturing momentum in developed markets.
Similar Companies
- EFAM
- QEFA
- VEA
- EFA
- IDEV
Sources and Disclaimers
Data Sources:
- Invesco
- Morningstar
- ETF.com
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
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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