PEZ

Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

$94.27

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) seeks to track the investment results of an index that is designed to provide exposure to U.S. consumer cyclical companies with positive momentum.

Overview

ETF tracking Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Category Growth

Issuer Invesco

Inception Date 2016-12-07

Market Cap $49.0M

Average Volume N/A

Dividend Yield 0.12%

52-Week Range $76.96 - $112.31

VWAP $94.32

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a 'full replication' strategy, meaning it seeks to replicate the performance of its underlying index by holding all or substantially all of the securities in the index in the same approximate proportions as the index. The index is composed of U.S. consumer cyclical companies that exhibit positive momentum characteristics.

✨ Key Features

Focuses on U.S. consumer cyclical companies with positive momentum
Employs a full replication strategy to track the underlying index
Low expense ratio of 0.00%
Limited performance history as the fund is relatively new

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector
Momentum investing style can underperform in certain market environments
Lack of diversification compared to broader market indexes
Limited performance history makes it difficult to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. consumer cyclical companies with positive momentum, as part of a diversified portfolio. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.