Invesco DWA Basic Materials Momentum ETF (PYZ) 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 PYZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYZ
PYZ 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% | 163.90M | Oct 2012 | PYZ vs MMTM | |
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.51B | Nov 2017 | PYZ vs JMOM | |
| Invesco S&P 500 Momentum ETF | 0.13% | 22.01B | Oct 2015 | PYZ vs SPMO | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 1.70B | Feb 2018 | PYZ vs VFMO | |
| iShares MSCI USA Momentum Factor ETF | 0.15% | 27.36B | Apr 2013 | PYZ vs MTUM |
Best Risk-Adjusted Alternatives to PYZ
PYZ has a PortfoliosLab risk / return rank of 30. There are 42 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 92 | 261.13M | Oct 2017 | PYZ vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | 90 | 117.88M | Jun 2011 | PYZ vs SPVM | |
| Invesco DWA Healthcare Momentum ETF | 88 | 169.34M | Oct 2006 | PYZ vs PTH | |
| Invesco DWA Emerging Markets Momentum ETF | 88 | 262.88M | Dec 2007 | PYZ vs PIE | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 84 | 1.73B | Oct 2017 | PYZ vs USVM |
Top Performing PYZ Alternatives (YTD)
PYZ is at 8.61% YTD. There are 37 ETFs in the Momentum category with higher YTD returns, going as high as 52.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 52.05% | 9.04M | Feb 2021 | PYZ vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 49.46% | 81.18M | May 2021 | PYZ vs QQQA | |
| Invesco Dorsey Wright Technology Momentum ETF | 42.60% | 752.12M | Oct 2006 | PYZ vs PTF | |
| Invesco DWA Emerging Markets Momentum ETF | 36.43% | 262.88M | Dec 2007 | PYZ vs PIE | |
| Invesco DWA Energy Momentum ETF | 29.02% | 64.78M | Oct 2006 | PYZ vs PXI |
Lowest Volatility Alternatives to PYZ
PYZ has 26.56% 1-year volatility. There are 44 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.83% | 261.13M | Oct 2017 | PYZ vs ULVM | |
| Cambria Value and Momentum ETF | 11.18% | 106.10M | Sep 2015 | PYZ vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.48% | 117.88M | Jun 2011 | PYZ vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.69% | 72.37M | Sep 2018 | PYZ vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.55% | 43.72M | Sep 2025 | PYZ vs SMOM |
Lowest Drawdown Alternatives to PYZ
PYZ has a 1-year max drawdown of -17.75%. 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% | 106.10M | Sep 2015 | PYZ vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 261.13M | Oct 2017 | PYZ vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 117.88M | Jun 2011 | PYZ vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 28.92M | Dec 2015 | PYZ vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -7.87% | 2.51B | Nov 2017 | PYZ 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 $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 16.13% | 481.14B | Mar 1999 | PYZ vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 16.16% | 100.59B | Oct 2020 | PYZ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 58 | 12.75% | 96.24B | Apr 2003 | PYZ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 92 | 74.43% | 2.58B | Jun 2021 | PYZ vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 40 | 3.75% | 10.85B | May 2005 | PYZ vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.39% | 20.11B | Dec 2005 | PYZ vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 11.46% | 3.29B | Oct 2012 | PYZ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | PYZ vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 35 | 9.54% | 8.22B | Oct 2005 | PYZ vs PPA | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 43 | 7.79% | 3.99B | Feb 2012 | PYZ vs IDMO |
Often Compared With PYZ
Investors most often compare PYZ with UYM, XLB, MXI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PYZ with Any Fund or Stock
Compare PYZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYZ with funds that move differently
Invesco DWA Basic Materials Momentum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYZ.
Explore PYZ Diversifiers