PIZ:NASDAQInvesco Dorsey Wright Developed Markets Momentum ETF analysis
Data as of Sep 27, 2026 - not real-time
- Latest price
- $53.86
- Risk: medium
- 6/10Medium risk
Summary
The moving-average structure behind Invesco Dorsey Wright Developed Markets Momentum ETF is neutral at $53.86, with no clear ordering between short and long averages. The last 30 days have lost 1.4%. With RSI at 52.7 the momentum picture is neutral, alongside a bullish MACD signal. Watch $52.43 as support and $54.70 as the nearer resistance level.
The 0.80% expense ratio is middling for its category, and the fund manages $714.1M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 16.9%, a beta of 1.43 and a maximum drawdown of 16.6%, position sizing matters here. The wider market backdrop reads extreme greed at 95 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 $714.1M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 16.9%, a beta of 1.43 and a maximum drawdown of 16.6%, position sizing matters here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
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Market outlook
Short term
< 1 yearPositive
Model confidence4/104 out of 10
Key factors
- Trading above the 200-day average of 53.26
- MACD momentum is positive
- RSI at 52.7 is in neutral territory
Medium term
1–3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Trading above the 200-day average of 53.26
- MACD momentum is positive
- 30-day volatility of 16.9%
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- 30-day volatility of 16.9%
- Beta of 1.43 versus the benchmark
- Trading above the 200-day average of 53.26
Key metrics
Fund metrics
Expense Ratio0.80%
AUM$714.1M
Inception Date2007-12-28
Avg Daily Volume34,330
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.55%
Technical analysis
TrendNeutral
RSI52.7
Support$52.43
Resistance$54.70
MA 20$53.50
MA 50$53.17
MA 200$53.26
MACDBullish
VolumeDecreasing
Fear & Greed Index94.88
Risk assessment
Beta1.43
Volatility16.88%
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.