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 26 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P 1500 Momentum Tilt ETF | 0.12% | 190.72M | Oct 2012 | PEZ vs MMTM | |
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.51B | Nov 2017 | PEZ vs JMOM | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 1.70B | Feb 2018 | PEZ vs VFMO | |
| Invesco S&P 500 Momentum ETF | 0.13% | 21.99B | Oct 2015 | PEZ vs SPMO | |
| 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 13. There are 46 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 87 | 78.15M | May 2021 | PEZ vs QQQA | |
| VictoryShares US Value Momentum ETF | 86 | 265.83M | Oct 2017 | PEZ vs ULVM | |
| Invesco DWA Emerging Markets Momentum ETF | 85 | 257.92M | Dec 2007 | PEZ vs PIE | |
| Invesco S&P 500 Value with Momentum ETF | 83 | 110.21M | Jun 2011 | PEZ vs SPVM | |
| MarketDesk Focused U.S. Momentum ETF | 81 | 170.29M | Mar 2025 | PEZ vs FMTM |
Top Performing PEZ Alternatives (YTD)
PEZ is at -1.19% YTD. There are 49 ETFs in the Momentum category with higher YTD returns, going as high as 69.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dorsey Wright Technology Momentum ETF | 69.43% | 851.02M | Oct 2006 | PEZ vs PTF | |
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 66.24% | 9.32M | Feb 2021 | PEZ vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 64.24% | 78.15M | May 2021 | PEZ vs QQQA | |
| Invesco DWA Industrials Momentum ETF | 45.08% | 472.08M | Oct 2006 | PEZ vs PRN | |
| Invesco DWA Emerging Markets Momentum ETF | 38.60% | 257.92M | Dec 2007 | PEZ vs PIE |
Lowest Volatility Alternatives to PEZ
PEZ has 19.98% 1-year volatility. There are 30 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.92% | 265.83M | Oct 2017 | PEZ vs ULVM | |
| Cambria Value and Momentum ETF | 11.23% | 104.56M | Sep 2015 | PEZ vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.64% | 110.21M | Jun 2011 | PEZ vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.87% | 70.53M | Sep 2018 | PEZ vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.80% | 43.72M | Sep 2025 | PEZ vs SMOM |
Lowest Drawdown Alternatives to PEZ
PEZ has a 1-year max drawdown of -15.83%. There are 44 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Value and Momentum ETF | -5.55% | 104.56M | Sep 2015 | PEZ vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 265.83M | Oct 2017 | PEZ vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 110.21M | Jun 2011 | PEZ vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 28.67M | Dec 2015 | PEZ vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -7.87% | 2.51B | Nov 2017 | PEZ vs JMOM |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 13 categories. AUM among these funds goes as high as $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | PEZ vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | PEZ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | PEZ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | PEZ vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | PEZ vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 61 | 16.54% | 21.05B | Dec 2005 | PEZ vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | PEZ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | PEZ vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | PEZ vs PPA | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 45 | 9.69% | 3.93B | Feb 2012 | PEZ vs IDMO |
Often Compared With PEZ
Investors most often compare PEZ with VCR, AIRR, IXN. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PEZ with Any Fund or Stock
Compare PEZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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