Key stats
About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
Expense ratio
0.60%
Home page
Inception date
Oct 12, 2006
PEZ follows a Dorsey-Wright relative strength index that selects and weights US consumer cyclical stocks by price momentum. Index construction begins by assigning a momentum score to the 2,000 largest constituents by market cap in the NASDAQ US Benchmark index. The score is based on upward price movements of the security compared to the benchmark and other eligible securities within the universe. The top 30 highest momentum-scoring stocks in the consumer discretionary sector are then chosen for the index with higher scoring securities receiving greater weight. The portfolio tilts small, with a growth bias and somewhat higher risk. The index is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the fund traded under the name Invesco DWA Consumer Cyclicals Momentum ETF.
Classification
What's in the fund
Exposure type
Consumer Durables
Consumer Services
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.