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PIZ vs. WCMIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIZ and WCMIX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

PIZ vs. WCMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Developed Markets Momentum ETF (PIZ) and WCM Focused International Growth Fund (WCMIX). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%December2025FebruaryMarchApril
126.61%
218.62%
PIZ
WCMIX

Key characteristics

Sharpe Ratio

PIZ:

1.20

WCMIX:

0.50

Sortino Ratio

PIZ:

1.77

WCMIX:

0.84

Omega Ratio

PIZ:

1.24

WCMIX:

1.12

Calmar Ratio

PIZ:

1.45

WCMIX:

0.56

Martin Ratio

PIZ:

7.32

WCMIX:

2.45

Ulcer Index

PIZ:

3.46%

WCMIX:

4.28%

Daily Std Dev

PIZ:

21.06%

WCMIX:

21.18%

Max Drawdown

PIZ:

-60.61%

WCMIX:

-39.69%

Current Drawdown

PIZ:

-0.14%

WCMIX:

-4.79%

Returns By Period

In the year-to-date period, PIZ achieves a 14.27% return, which is significantly higher than WCMIX's 10.34% return. Over the past 10 years, PIZ has underperformed WCMIX with an annualized return of 6.40%, while WCMIX has yielded a comparatively higher 9.28% annualized return.


PIZ

YTD

14.27%

1M

8.56%

6M

12.38%

1Y

27.19%

5Y*

13.21%

10Y*

6.40%

WCMIX

YTD

10.34%

1M

4.94%

6M

4.27%

1Y

12.20%

5Y*

11.34%

10Y*

9.28%

*Annualized

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PIZ vs. WCMIX - Expense Ratio Comparison

PIZ has a 0.80% expense ratio, which is lower than WCMIX's 1.04% expense ratio.


Expense ratio chart for WCMIX: current value is 1.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WCMIX: 1.04%
Expense ratio chart for PIZ: current value is 0.80%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PIZ: 0.80%

Risk-Adjusted Performance

PIZ vs. WCMIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PIZ
The Risk-Adjusted Performance Rank of PIZ is 8686
Overall Rank
The Sharpe Ratio Rank of PIZ is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of PIZ is 8484
Sortino Ratio Rank
The Omega Ratio Rank of PIZ is 8484
Omega Ratio Rank
The Calmar Ratio Rank of PIZ is 8888
Calmar Ratio Rank
The Martin Ratio Rank of PIZ is 8989
Martin Ratio Rank

WCMIX
The Risk-Adjusted Performance Rank of WCMIX is 5757
Overall Rank
The Sharpe Ratio Rank of WCMIX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of WCMIX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of WCMIX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of WCMIX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of WCMIX is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PIZ vs. WCMIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Developed Markets Momentum ETF (PIZ) and WCM Focused International Growth Fund (WCMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for PIZ, currently valued at 1.20, compared to the broader market-1.000.001.002.003.004.00
PIZ: 1.20
WCMIX: 0.50
The chart of Sortino ratio for PIZ, currently valued at 1.77, compared to the broader market-2.000.002.004.006.008.00
PIZ: 1.77
WCMIX: 0.84
The chart of Omega ratio for PIZ, currently valued at 1.24, compared to the broader market0.501.001.502.002.50
PIZ: 1.24
WCMIX: 1.12
The chart of Calmar ratio for PIZ, currently valued at 1.45, compared to the broader market0.002.004.006.008.0010.0012.00
PIZ: 1.45
WCMIX: 0.56
The chart of Martin ratio for PIZ, currently valued at 7.32, compared to the broader market0.0020.0040.0060.00
PIZ: 7.32
WCMIX: 2.45

The current PIZ Sharpe Ratio is 1.20, which is higher than the WCMIX Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of PIZ and WCMIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00December2025FebruaryMarchApril
1.20
0.50
PIZ
WCMIX

Dividends

PIZ vs. WCMIX - Dividend Comparison

PIZ's dividend yield for the trailing twelve months is around 1.63%, more than WCMIX's 0.25% yield.


TTM20242023202220212020201920182017201620152014
PIZ
Invesco DWA Developed Markets Momentum ETF
1.63%1.68%1.86%2.04%1.00%0.37%1.58%1.05%1.30%2.21%1.09%1.61%
WCMIX
WCM Focused International Growth Fund
0.25%0.28%0.00%0.00%0.00%0.06%0.22%0.38%0.45%0.51%0.32%0.23%

Drawdowns

PIZ vs. WCMIX - Drawdown Comparison

The maximum PIZ drawdown since its inception was -60.61%, which is greater than WCMIX's maximum drawdown of -39.69%. Use the drawdown chart below to compare losses from any high point for PIZ and WCMIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchApril
-0.14%
-4.79%
PIZ
WCMIX

Volatility

PIZ vs. WCMIX - Volatility Comparison

The current volatility for Invesco DWA Developed Markets Momentum ETF (PIZ) is 13.48%, while WCM Focused International Growth Fund (WCMIX) has a volatility of 14.22%. This indicates that PIZ experiences smaller price fluctuations and is considered to be less risky than WCMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchApril
13.48%
14.22%
PIZ
WCMIX