Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Frequently Asked Questions About PEZ

What does PEZ invest in?

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 universe over a period compared to the performance of all other securities in that same universe. Both the fund and its guiding index are rebalanced and reconstituted on a quarterly schedule.

What is the expense ratio of PEZ?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PEZ?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) manages $21.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PEZ actively managed or an index fund?

PEZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PEZ launched?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) launched in October 2006 and is managed by Invesco.

How has PEZ performed?

PEZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.