Key stats
About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
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Inception date
Oct 12, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46137V8037
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
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
Retail Trade
Consumer Services
Stocks99.76%
Retail Trade39.12%
Consumer Services28.45%
Technology Services9.48%
Distribution Services6.95%
Consumer Durables6.15%
Transportation3.98%
Consumer Non-Durables3.59%
Producer Manufacturing2.03%
Bonds, Cash & Other0.24%
Mutual fund0.24%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PEZ invests in stocks. The fund's major sectors are Retail Trade, with 39.12% stocks, and Consumer Services, with 28.45% of the basket. The assets are mostly located in the North America region.
PEZ top holdings are Carvana Co. Class A and Royal Caribbean Group, occupying 5.28% and 4.35% of the portfolio correspondingly.
PEZ last dividends amounted to 0.12 USD. The quarter before, the issuer paid 0.12 USD in dividends, which shows a 0.89% increase.
PEZ assets under management is 51.31 M USD. It's risen 79.45% over the last month.
PEZ fund flows account for −38.80 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PEZ pays dividends to its holders with the dividend yield of 0.12%. The last dividend (Jun 27, 2025) amounted to 0.12 USD. The dividends are paid quarterly.
PEZ shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Oct 12, 2006, and its management style is Passive.
PEZ expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
PEZ follows the Dorsey Wright Consumer Cyclicals Tech Leaders TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PEZ invests in stocks.
PEZ price has fallen by −1.72% over the last month, and its yearly performance shows a −2.96% decrease. See more dynamics on PEZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.26% increase in three-month performance and has decreased by −2.36% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.26% increase in three-month performance and has decreased by −2.36% in a year.
PEZ trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.