Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ)
ETF overview
The Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) seeks to replicate the performance of the Dorsey Wright Basic Materials Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that comprise its benchmark index. The underlying index is structured to identify companies exhibiting strong relative performance, or momentum, and is composed of at least 30 securities chosen from the NASDAQ US Benchmark Index. Relative strength defines how a security's performance within a given market segment compares to its peers over a period of time. Both the ETF and its guiding index undergo adjustments and re-composition every three months.
Fund facts
- Expense ratio
- 0.79%
- Fund assets
- 64.28M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 12, 2006
- Number of holdings
- 41
Breakdown
Holdings (41)
| Name | Ticker | Weight |
|---|---|---|
| ATI Inc | ATI | 4.64% |
| Reliance Inc | RS | 4.54% |
| Carpenter Technology Corp | CRS | 4.22% |
| Newmont Corp | NEM | 3.80% |
| Nucor Corp | NUE | 3.75% |
| CF Industries Holdings Inc | CF | 3.66% |
| Royal Gold Inc | RGLD | 3.57% |
| Freeport-McMoRan Inc | FCX | 3.47% |
| Hecla Mining Co | HL | 3.45% |
| Air Products and Chemicals Inc | APD | 3.28% |
| and 28 more | ||
Similar ETFs
- First Trust Materials AlphaDEX FundFXZ · Overlap 45% · Expense ratio 0.64%
- iShares U.S. Basic Materials ETFIYM · Overlap 41% · Expense ratio 0.37%
- State Street SPDR S&P Metals & Mining ETFXME · Overlap 41% · Expense ratio 0.35%
- Fidelity MSCI Materials Index ETFFMAT · Overlap 38% · Expense ratio 0.08%
- Vanguard Materials ETFVAW · Overlap 38% · Expense ratio 0.09%
- Invesco S&P 500 Equal Weight Materials ETFRSPM · Overlap 34% · Expense ratio 0.40%
- State Street Materials Select Sector SPDR ETFXLB · Overlap 32% · Expense ratio 0.08%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ)
- Expense ratio
- 0.79%
- Fund assets
- 64.28M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 12, 2006
- Number of holdings
- 41
| Name | Ticker | Weight |
|---|---|---|
| ATI Inc | ATI | 4.64% |
| Reliance Inc | RS | 4.54% |
| Carpenter Technology Corp | CRS | 4.22% |
| Newmont Corp | NEM | 3.80% |
| Nucor Corp | NUE | 3.75% |
| CF Industries Holdings Inc | CF | 3.66% |
| Royal Gold Inc | RGLD | 3.57% |
| Freeport-McMoRan Inc | FCX | 3.47% |
| Hecla Mining Co | HL | 3.45% |
| Air Products and Chemicals Inc | APD | 3.28% |
| and 28 more | ||
The Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) seeks to replicate the performance of the Dorsey Wright Basic Materials Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that comprise its benchmark index. The underlying index is structured to identify companies exhibiting strong relative performance, or momentum, and is composed of at least 30 securities chosen from the NASDAQ US Benchmark Index. Relative strength defines how a security's performance within a given market segment compares to its peers over a period of time. Both the ETF and its guiding index undergo adjustments and re-composition every three months.
- First Trust Materials AlphaDEX FundFXZ · Overlap 45% · Expense ratio 0.64%
- iShares U.S. Basic Materials ETFIYM · Overlap 41% · Expense ratio 0.37%
- State Street SPDR S&P Metals & Mining ETFXME · Overlap 41% · Expense ratio 0.35%
- Fidelity MSCI Materials Index ETFFMAT · Overlap 38% · Expense ratio 0.08%
- Vanguard Materials ETFVAW · Overlap 38% · Expense ratio 0.09%
- Invesco S&P 500 Equal Weight Materials ETFRSPM · Overlap 34% · Expense ratio 0.40%
- State Street Materials Select Sector SPDR ETFXLB · Overlap 32% · Expense ratio 0.08%
Overlap is the share of assets the two funds hold in common.
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