PEZ Alternatives & Similar ETFs

Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PEZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PEZ

PEZ charges 0.60% annually. There are 27 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
JMOM	JPMorgan U.S. Momentum Factor ETF	0.12%	2.50B	Nov 2017	PEZ vs JMOM
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	0.12%	158.22M	Oct 2012	PEZ vs MMTM
VFMO	Vanguard U.S. Momentum Factor ETF	0.13%	2.00B	Feb 2018	PEZ vs VFMO
SPMO	Invesco S&P 500 Momentum ETF	0.13%	21.05B	Oct 2015	PEZ vs SPMO
SEIM	SEI Enhanced US Large Cap Momentum Factor ETF	0.15%	989.57M	May 2022	PEZ vs SEIM

Best Risk-Adjusted Alternatives to PEZ

PEZ has a PortfoliosLab risk / return rank of 14. There are 48 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	94	266.04M	Oct 2017	PEZ vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	93	130.46M	Jun 2011	PEZ vs SPVM
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	91	1.77B	Oct 2017	PEZ vs USVM
XMVM	Invesco S&P MidCap Value with Momentum ETF	91	505.02M	Mar 2005	PEZ vs XMVM
PTH	Invesco DWA Healthcare Momentum ETF	90	235.21M	Oct 2006	PEZ vs PTH

Top Performing PEZ Alternatives (YTD)

PEZ is at -1.42% YTD. There are 50 ETFs in the Momentum category with higher YTD returns, going as high as 42.60%.

Symbol	Name	YTD Return	AUM	Inception
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	42.60%	69.09M	May 2021	PEZ vs QQQA
MTUL	ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN	38.03%	8.12M	Feb 2021	PEZ vs MTUL
PXI	Invesco DWA Energy Momentum ETF	32.32%	52.45M	Oct 2006	PEZ vs PXI
PTF	Invesco Dorsey Wright Technology Momentum ETF	28.31%	596.23M	Oct 2006	PEZ vs PTF
PIE	Invesco DWA Emerging Markets Momentum ETF	27.02%	228.29M	Dec 2007	PEZ vs PIE

Lowest Volatility Alternatives to PEZ

PEZ has 20.09% 1-year volatility. There are 30 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	10.81%	266.04M	Oct 2017	PEZ vs ULVM
VAMO	Cambria Value and Momentum ETF	11.00%	108.69M	Sep 2015	PEZ vs VAMO
SPVM	Invesco S&P 500 Value with Momentum ETF	11.40%	130.46M	Jun 2011	PEZ vs SPVM
DVOL	First Trust Dorsey Wright Momentum & Low Volatilit...	11.82%	73.54M	Sep 2018	PEZ vs DVOL
SMOM	Symmetry Panoramic Sector Momentum ETF	12.42%	43.72M	Sep 2025	PEZ vs SMOM

Lowest Drawdown Alternatives to PEZ

PEZ has a 1-year max drawdown of -15.83%. There are 36 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VAMO	Cambria Value and Momentum ETF	-5.55%	108.69M	Sep 2015	PEZ vs VAMO
ULVM	VictoryShares US Value Momentum ETF	-6.47%	266.04M	Oct 2017	PEZ vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	-6.57%	130.46M	Jun 2011	PEZ vs SPVM
ONEO	SPDR Russell 1000 Momentum Focus ETF	-7.37%	29.12M	Dec 2015	PEZ vs ONEO
JMOM	JPMorgan U.S. Momentum Factor ETF	-8.02%	2.50B	Nov 2017	PEZ vs JMOM

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 14 categories. AUM among these funds goes as high as $453B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	PEZ vs QQQ
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	49	12.29%	97.11B	Oct 2020	PEZ vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	73	13.16%	96.96B	Apr 2003	PEZ vs RSP
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	88	59.97%	2.58B	Jun 2021	PEZ vs SOXQ
SPHQ	Invesco S&P 500 Quality ETF	Quality Factor, S&P 500, Large Cap Blend Equities	62	13.51%	19.45B	Dec 2005	PEZ vs SPHQ
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	35	2.89%	10.56B	May 2005	PEZ vs XLG
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Low Volatility	53	12.28%	4.04B	Oct 2012	PEZ vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	39	11.79%	7.18B	Mar 2005	PEZ vs XMMO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	55	10.66%	4.08B	Feb 2012	PEZ vs IDMO
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	39	11.49%	8.26B	Oct 2005	PEZ vs PPA

Often Compared With PEZ

Investors most often compare PEZ with VCR, AIRR, IXN. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VCR	Vanguard Consumer Discretionary ETF	Consumer Discretionary Equities	19	-0.28%	6.80B	Jan 2004	PEZ vs VCR
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	PEZ vs AIRR
IXN	iShares Global Tech ETF	Technology Equities	63	26.51%	8.32B	Nov 2001	PEZ vs IXN
ARKK	ARK Innovation ETF	Technology Equities	9	-7.38%	6.53B	Oct 2014	PEZ vs ARKK
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	PEZ vs SPY
JOET	Virtus Terranova U.S. Quality Momentum ETF	Quality Factor, Momentum, Large Cap Blend Equities	34	8.43%	240.41M	Nov 2020	PEZ vs JOET
IYW	iShares U.S. Technology ETF	Technology Equities	51	19.29%	23.58B	May 2000	PEZ vs IYW
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	21	5.28%	23.07B	Dec 1998	PEZ vs XLU
VICE	AdvisorShares Vice ETF	Consumer Discretionary Equities	6	4.78%	7.34M	Dec 2017	PEZ vs VICE
XRT	SPDR S&P Retail ETF	Consumer Discretionary Equities	31	5.78%	326.03M	Jun 2006	PEZ vs XRT
IYC	iShares U.S. Consumer Discretionary ETF	Consumer Discretionary Equities	13	-1.67%	1.19B	Jun 2000	PEZ vs IYC
PEJ	Invesco Dynamic Leisure & Entertainment ETF	Consumer Discretionary Equities	39	9.41%	255.86M	Jun 2005	PEZ vs PEJ
RTH	VanEck Retail ETF	Consumer Discretionary Equities	39	7.50%	257.98M	Dec 2011	PEZ vs RTH
IEDI	iShares Evolved U.S. Discretionary Spending ETF	Consumer Discretionary Equities	15	2.21%	28.00M	Mar 2018	PEZ vs IEDI
CARZ	First Trust NASDAQ Global Auto Index Fund	Consumer Discretionary Equities	81	31.11%	46.29M	May 2011	PEZ vs CARZ
RXI	iShares Global Consumer Discretionary ETF	Consumer Discretionary Equities	21	-1.88%	270.14M	Sep 2006	PEZ vs RXI
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionar...	Consumer Discretionary Equities, S&P 500, Equal Weight	16	0.13%	328.92M	Nov 2006	PEZ vs RSPD
EATZ	AdvisorShares Restaurant ETF	Consumer Discretionary Equities	—	—	1.86M	Apr 2021	PEZ vs EATZ
XLY	Consumer Discretionary Select Sector SPDR Fund	Consumer Discretionary Equities	17	-2.39%	21.77B	Dec 1998	PEZ vs XLY
PIZ	Invesco DWA Developed Markets Momentum ETF	Momentum, Foreign Large Cap Equities	28	6.37%	723.85M	Dec 2007	PEZ vs PIZ

Compare PEZ with Any Fund or Stock

Compare PEZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair PEZ with funds that move differently

Invesco DWA Consumer Cyclicals Momentum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PEZ.

Explore PEZ Diversifiers

Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) Alternatives