Invesco DWA Basic Materials Momentum ETF (PYZ)
PYZ is a passive ETF by Invesco tracking the investment results of the Dynamic Basic Materials Sector Intellidex Index. PYZ launched on Oct 12, 2006 and has a 0.60% expense ratio.
ETF Info
| ISIN | US73935X4271 |
|---|---|
| CUSIP | 46137V704 |
| Issuer | Invesco |
| Inception Date | Oct 12, 2006 |
| Region | North America (U.S.) |
| Category | Materials |
| Leveraged | 1x |
| Index Tracked | Dynamic Basic Materials Sector Intellidex Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
PYZ features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PYZ vs. UYM, PYZ vs. XLB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco DWA Basic Materials Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco DWA Basic Materials Momentum ETF had a return of 11.95% year-to-date (YTD) and 25.78% in the last 12 months. Over the past 10 years, Invesco DWA Basic Materials Momentum ETF had an annualized return of 6.93%, while the S&P 500 had an annualized return of 11.05%, indicating that Invesco DWA Basic Materials Momentum ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.95% | 21.24% |
| 1 month | 0.43% | 0.55% |
| 6 months | 5.02% | 11.47% |
| 1 year | 25.78% | 32.45% |
| 5 years (annualized) | 10.30% | 13.43% |
| 10 years (annualized) | 6.93% | 11.05% |
Monthly Returns
The table below presents the monthly returns of PYZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.71% | 6.56% | 7.20% | -5.82% | 5.45% | -4.95% | 6.66% | -1.98% | 5.14% | -2.94% | 11.95% | ||
| 2023 | 14.33% | -1.08% | -4.71% | -3.65% | -6.67% | 12.46% | 4.71% | -5.19% | -7.48% | -5.98% | 8.16% | 7.62% | 9.56% |
| 2022 | -9.37% | 6.15% | 8.67% | -7.00% | -1.15% | -20.18% | 10.65% | 0.81% | -12.97% | 14.12% | 7.62% | -7.56% | -15.45% |
| 2021 | -2.60% | 9.40% | 9.01% | 3.01% | 8.51% | -5.15% | 0.64% | 2.28% | -6.36% | 7.53% | -3.25% | 7.45% | 32.68% |
| 2020 | -8.38% | -10.83% | -19.70% | 15.81% | 6.49% | 1.26% | 6.00% | 5.50% | -2.54% | 2.50% | 17.28% | 7.50% | 15.39% |
| 2019 | 10.54% | 4.23% | -2.86% | 2.14% | -11.53% | 12.97% | 0.02% | -6.86% | 4.32% | -0.35% | 4.58% | 4.27% | 20.66% |
| 2018 | 1.83% | -5.45% | -2.47% | 1.06% | 4.57% | -2.67% | 4.06% | -2.40% | -0.08% | -12.94% | 0.35% | -11.62% | -24.32% |
| 2017 | 2.01% | 4.25% | -1.83% | -0.65% | -2.34% | 2.22% | 2.17% | 0.94% | 3.96% | 3.14% | 0.45% | 4.34% | 20.01% |
| 2016 | -9.48% | 2.42% | 10.74% | 8.75% | -2.48% | 1.56% | 12.31% | -5.25% | 1.53% | -5.24% | 9.38% | -0.99% | 22.62% |
| 2015 | -1.79% | 7.11% | -2.14% | -0.07% | 0.91% | -2.06% | -4.34% | -5.03% | -7.03% | 12.81% | 2.55% | -5.21% | -5.84% |
| 2014 | -3.27% | 5.62% | 1.34% | -0.74% | 3.25% | 2.67% | -1.64% | 6.54% | -4.47% | -1.88% | -0.68% | -2.13% | 4.02% |
| 2013 | 6.34% | -0.95% | 2.10% | -0.37% | 2.91% | -4.35% | 5.79% | -1.89% | 5.06% | 4.79% | 1.79% | 3.85% | 27.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PYZ is 35, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco DWA Basic Materials Momentum ETF (PYZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco DWA Basic Materials Momentum ETF provided a 1.21% dividend yield over the last twelve months, with an annual payout of $1.15 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.15 | $1.02 | $0.93 | $0.31 | $0.74 | $0.87 | $0.64 | $0.38 | $0.63 | $0.61 | $0.54 | $0.49 |
Dividend yield | 1.21% | 1.19% | 1.18% | 0.33% | 1.04% | 1.38% | 1.20% | 0.53% | 1.07% | 1.25% | 1.02% | 0.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco DWA Basic Materials Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.73 | |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.42 | $1.02 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.22 | $0.93 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.31 |
| 2020 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.74 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.27 | $0.87 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.23 | $0.64 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.18 | $0.38 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.36 | $0.63 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.29 | $0.61 |
| 2014 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.21 | $0.54 |
| 2013 | $0.03 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.19 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco DWA Basic Materials Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco DWA Basic Materials Momentum ETF was 65.15%, occurring on Mar 9, 2009. Recovery took 484 trading sessions.
The current Invesco DWA Basic Materials Momentum ETF drawdown is 5.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.15% | Jun 6, 2008 | 190 | Mar 9, 2009 | 484 | Feb 7, 2011 | 674 |
| -52.46% | Jan 12, 2018 | 551 | Mar 23, 2020 | 199 | Jan 5, 2021 | 750 |
| -34.94% | May 2, 2011 | 108 | Oct 3, 2011 | 304 | Dec 18, 2012 | 412 |
| -32.97% | Apr 20, 2022 | 110 | Sep 26, 2022 | — | — | — |
| -26.35% | Sep 3, 2014 | 364 | Feb 11, 2016 | 103 | Jul 11, 2016 | 467 |
Volatility
Volatility Chart
The current Invesco DWA Basic Materials Momentum ETF volatility is 4.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.