Key stats
About Invesco Dorsey Wright Emerging Markets Momentum ETF
Expense ratio
0.90%
Home page
Inception date
Dec 28, 2007
PIE aims to find winning stocks in emerging markets using a Dorsey Wright technical analysis index that relies on trends in relative price. The fund holds a small basket of about 100 names and tends to favor smaller firms, resulting in a far lower average market cap than our benchmark. PIE makes no effort at marketlike sector coverage, so it's liable to make heavy sector bets relative to the benchmark, and those bets are likely to change over time. This strategy has paid off at times, but it's also suffered slumps where it generated no significant alpha. The underlying index is computed using the net return, which withholds applicable taxes for non-resident investors. The index and fund are reconstituted and rebalanced quarterly. Prior to August 28, 2023, the fund traded under the name Invesco DWA Emerging Markets Momentum ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Producer Manufacturing
Stocks99.35%
Electronic Technology25.01%
Finance15.39%
Producer Manufacturing10.51%
Process Industries7.85%
Retail Trade7.45%
Energy Minerals6.33%
Transportation4.75%
Non-Energy Minerals4.43%
Consumer Durables3.87%
Consumer Services2.49%
Consumer Non-Durables2.33%
Utilities2.22%
Industrial Services2.11%
Commercial Services1.81%
Technology Services1.03%
Health Technology0.76%
Communications0.52%
Distribution Services0.52%
Bonds, Cash & Other0.65%
UNIT0.51%
Mutual fund0.09%
Cash0.05%
Stock breakdown by region
Asia68.27%
North America13.50%
Europe11.82%
Latin America3.30%
Africa3.12%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history