Key stats
About Invesco Dorsey Wright Emerging Markets Momentum ETF
Expense ratio
0.90%
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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
Finance
Electronic Technology
Stocks99.91%
Finance23.33%
Electronic Technology18.42%
Process Industries8.85%
Producer Manufacturing8.21%
Retail Trade6.66%
Transportation5.84%
Consumer Non-Durables4.42%
Energy Minerals4.09%
Non-Energy Minerals3.82%
Industrial Services3.13%
Technology Services2.61%
Communications2.36%
Consumer Durables2.29%
Distribution Services1.95%
Utilities1.40%
Consumer Services1.30%
Health Services0.60%
Health Technology0.60%
Bonds, Cash & Other0.09%
Cash0.12%
Miscellaneous−0.03%
Stock breakdown by region
Asia71.28%
Africa10.03%
Latin America7.46%
Europe6.19%
North America5.03%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history