PIZ:NASDAQInvesco Dorsey Wright Developed Markets Momentum ETF Analysis
Data as of 2026-08-25 - not real-time
$53.99
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
The moving-average structure behind Invesco Dorsey Wright Developed Markets Momentum ETF is neutral at $53.99, with no clear ordering between short and long averages. With RSI at 53.1 the momentum picture is neutral, alongside a bullish MACD signal. Watch $49.11 as support and $55.42 as the nearer resistance level.
The 0.80% expense ratio is middling for its category, and the fund manages $723.9M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 23.4%, a beta of 1.43 and a maximum drawdown of 16.6%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
The 0.80% expense ratio is middling for its category, and the fund manages $723.9M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 23.4%, a beta of 1.43 and a maximum drawdown of 16.6%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
Top Market Events
3dInvesco Dorsey Wright Developed Markets Momentum ETFComplete Invesco Dorsey Wright Developed Markets Momentum ETF...The Invesco Dorsey Wright Emerging Markets Momentum ETF PIE was launched on 12/28/2007, and is a smart beta exchange...
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 52.61
- MACD momentum is positive
- RSI at 53.1 is in neutral territory
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 52.61
- MACD momentum is positive
- 30-day volatility of 23.4%
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- 30-day volatility of 23.4%
- Beta of 1.43 versus the benchmark
- Trading above the 200-day average of 52.61
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.80%
AUM$723.9M
Inception Date2007-12-28
Avg Daily Volume50,600
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.61%
Technical Analysis
TrendNeutral
RSI53.1
Support$49.11
Resistance$55.42
MA 20$53.30
MA 50$53.81
MA 200$52.61
MACDBullish
VolumeDecreasing
Fear & Greed Index93.39
Risk Assessment
Beta1.43
Volatility23.41%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.