See what your fund actually adds

Invesco Dorsey Wright Developed Markets Momentum ETF PIZ

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

PIZ compared with its replication portfolio
MeasurePIZReplication
Annualized growth7.6%5.7%
Annualized volatility19.4%16.7%
Sharpe ratio0.480.42
Maximum drawdown39.5%33.3%
Replication fit (R²)0.88 · Tracking error 6.8%

Replication portfolio

The published portfolio below is the investable basket used to model PIZ’s historical return behavior.

PIZ replication basket weights
TickerBuilding blockWeight
EFGIntl · Growth49.6%
VSSIntl · Small Cap35.8%
MTUMFactor · Momentum10.6%
VEAIntl · Developed4.0%