Invesco Dorsey Wright Emerging Markets Momentum ETFInvesco Dorsey Wright Emerging Markets Momentum ETFInvesco Dorsey Wright Emerging Markets Momentum ETF

Invesco Dorsey Wright Emerging Markets Momentum ETF

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Key stats


Assets under management (AUM)
‪96.68 M‬USD
Fund flows (1Y)
‪−25.47 M‬USD
Dividend yield (indicated)
2.12%
Discount/Premium to NAV
0.7%
Shares outstanding
‪4.75 M‬
Expense ratio
0.90%

About Invesco Dorsey Wright Emerging Markets Momentum ETF


Brand
Invesco
Home page
Inception date
Dec 28, 2007
Structure
Open-Ended Fund
Index tracked
Dorsey Wright Emerging Markets Technical Leaders Index (Net)
Replication method
Physical
Management style
Passive
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.
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.

Broaden your horizons with more funds linked to PIE via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Momentum
Geography
Emerging Markets
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Stock breakdown by region
5%6%7%7%74%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PIE trades at 20.34 USD today, its price has risen 0.71% in the past 24 hours. Track more dynamics on PIE price chart.
PIE net asset value is 20.06 today — it's risen 2.12% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PIE assets under management is ‪96.68 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PIE price has risen by 4.35% over the last month, and its yearly performance shows a −5.61% decrease. See more dynamics on PIE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.57% increase in three-month performance and has decreased by −4.81% in a year.
PIE fund flows account for ‪−25.47 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PIE invests in stocks. See more details in our Analysis section.
PIE expense ratio is 0.90%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PIE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PIE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PIE shows the buy signal. See more of PIE technicals for a more comprehensive analysis.
Yes, PIE pays dividends to its holders with the dividend yield of 2.12%.
PIE trades at a premium (0.67%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PIE shares are issued by Invesco Ltd.
PIE follows the Dorsey Wright Emerging Markets Technical Leaders Index (Net). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 28, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.