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The Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) aims to replicate the performance of the Dorsey Wright Consumer Cyclicals Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that make up its benchmark index. The underlying index is meticulously constructed to identify companies displaying robust relative strength, a concept synonymous with momentum, by selecting at least 30 securities from the NASDAQ US Benchmark Index. Relative strength, in this context, measures a security's performance within a specific market…
Is PEZ's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ: PEZ - Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 495 shares, a decline of 14.8% from the January 15th total of 581 shares. Based on an average daily
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ: PEZ - Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 581 shares, an increase of 20.3% from the December 31st total of 483 shares. Based on an average trading
Consumer sentiment hits a five-month high in July. XLY, VCR, PEZ and RTH ETFs stand to benefit from the upbeat outlook.
PEZ follows a proprietary strategy to identify at least 30 U.S. Consumer Cyclical stocks with strong intermediate and long-term price momentum. Its expense ratio is 0.60%. The ETF's long-term track record and current fundamentals highly suggest that the momentum factor alone is insufficient for investing in this sector. Though PEZ's components currently have an excellent 24% estimated earnings growth rate, it's also extremely risky based on its beta, P/E, and quality characteristics.
Following on last week's top 10 list, this week's blog focuses on ETFs related to the stocks in the list. For this week, we then screened for ETFs that contained each stock that were also rated 5 (Strong Buy), focusing on the ETF that held the stock in the greatest percentage, then traveling down the lists of ETFs that held it until we found one rated 5. This resulted in a list of Strong Buy 5 rated ETFs that held at least one Strong Buy 5 rated stock as a major holding.