PIZ

Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright Developed Markets Momentum ETF

$48.04

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) seeks to track the investment results of an index that is designed to provide exposure to developed market equity securities exhibiting positive momentum.

Overview

ETF tracking Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright Developed Markets Momentum ETF

Category International

Issuer Invesco

Inception Date 2016-12-07

Market Cap $458.8M

Average Volume N/A

Dividend Yield 1.76%

52-Week Range $34.34 - $49.14

VWAP $48.00

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management (or indexing) approach and seeks to track the investment results of the Dorsey Wright Developed Markets Technical Leaders Index. The index is composed of developed market equity securities that demonstrate strong relative strength or 'momentum'.

✨ Key Features

Provides exposure to developed market equities with positive momentum characteristics
Utilizes a passive indexing approach to track the Dorsey Wright Developed Markets Technical Leaders Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
Momentum investing risk: The fund's momentum style may perform poorly if the market favors other investment styles
Foreign investment risk: Investments in foreign securities may be subject to additional risks such as currency fluctuations and political instability
Lack of track record: As a new fund, it has limited performance history to evaluate

👤 Best For

The Invesco Dorsey Wright Developed Markets Momentum ETF may be suitable for investors seeking exposure to developed market equities with a focus on securities exhibiting positive momentum. Due to the fund's limited track record, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.