PYZ - ETF AI Analysis
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Invesco DWA Basic Materials Momentum ETF (PYZ)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Carpenter Technology and ATI, have shown strong gains this year, helping support the fund’s overall results.
Positive Year-To-Date Performance
The ETF has delivered a solid gain so far this year, indicating that its momentum-focused strategy in basic materials has recently worked well.
Focused Yet Multi-Sector Exposure
While the fund is mainly in materials, it also holds a meaningful slice of industrials, giving investors some variety within related parts of the economy.
Negative Factors
High Sector Concentration
Most of the portfolio is in the materials sector, which means the fund can be heavily affected if that part of the market weakens.
Recent Short-Term Weakness
The ETF has slipped over the past one and three months, showing that returns can be bumpy even when the year-to-date picture looks positive.
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
PYZ vs. SPDR S&P 500 ETF (SPY)
AUM73.02M
RegionNorth America
Expense Ratio0.60%
Beta1.03
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield0.5%
Asset ClassEquity
Index TrackedDorsey Wright Basic Materials Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,635
30 Day Avg. Volume5,500
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
137.67Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering43
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PYZ Summary
PYZ is the Invesco DWA Basic Materials Momentum ETF, which follows the Dorsey Wright Basic Materials Technical Leaders Index. It focuses on U.S. materials and industrial companies that make things like metals, chemicals, and fertilizers, and are currently showing strong price performance. Well-known names in the fund include DuPont de Nemours and Freeport-McMoRan. An investor might choose PYZ to add diversification and potential growth tied to the basic building blocks of the economy. However, it can be volatile and may rise or fall sharply with changes in commodity prices and the overall stock market.
How much will it cost me?The Invesco DWA Basic Materials Momentum ETF (PYZ) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on stocks with strong momentum in the basic materials sector.
What would affect this ETF?The Invesco DWA Basic Materials Momentum ETF (PYZ) could benefit from economic expansion and increased industrial activity, which often drive demand for raw materials and mining companies like Hecla Mining and Newmont Mining. However, it may face challenges from rising interest rates or regulatory changes affecting the materials and energy sectors, as well as potential slowdowns in the U.S. economy, where it is primarily focused.
PYZ Top 10 Holdings
PYZ is leaning hard into U.S. basic materials, with metals and chemicals setting the tone. Carpenter Technology and ATI are the main engines, rising on strong momentum tied to aerospace and industrial demand. Steel names like Nucor and Steel Dynamics are steady to rising, giving the fund a solid backbone when the economy hums. CF Industries has been a bright spot, adding some fertilizer-fueled lift, while Air Products and DuPont look more mixed, occasionally losing steam. Overall, it’s a concentrated bet on cyclical U.S. materials rather than a broad global mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Carpenter Technology | 7.01% | $5.13M | $25.82B | 114.81% | 75 Outperform | |
| ATI | 6.97% | $5.10M | $25.58B | 155.31% | 78 Outperform | |
| Steel Dynamics | 3.81% | $2.79M | $36.01B | 112.90% | 76 Outperform | |
| Nucor | 3.74% | $2.74M | $58.60B | 90.74% | 74 Outperform | |
| Corteva | 3.28% | $2.40M | $52.64B | 5.73% | 75 Outperform | |
| Air Products and Chemicals | 3.11% | $2.28M | $65.67B | 1.90% | 46 Neutral | |
| Freeport-McMoRan | 3.10% | $2.27M | $90.03B | 57.45% | 67 Neutral | |
| DuPont de Nemours | 3.05% | $2.23M | $18.50B | -33.59% | 62 Neutral | |
| Cf Industries Holdings | 3.01% | $2.20M | $19.23B | 26.32% | 72 Outperform | |
| Reliance Steel | 2.99% | $2.19M | $20.73B | 43.82% | 74 Outperform |
PYZ Technical Analysis
Positive
―
Price Trends
124.76
Positive
124.18
Positive
119.87
Positive
Market Momentum
-0.54
Negative
59.90
Neutral
82.62
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PYZ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 120.31, equal to the 50-day MA of 124.76, and equal to the 200-day MA of 119.87, indicating a bullish trend. The MACD of -0.54 indicates Negative momentum. The RSI at 59.90 is Neutral, neither overbought nor oversold. The STOCH value of 82.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PYZ.
PYZ Peer Comparison
Comparison Results
Performance Comparison
PYZ
Invesco DWA Basic Materials Momentum ETF
125.24
26.83
27.26%
PSCE
Invesco S&P SmallCap Energy ETF
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―
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PSL
Invesco DWA Consumer Staples Momentum ETF
―
―
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XITK
SPDR FactSet Innovative Technology ETF
―
―
―
GXPS
Global X PureCap MSCI Consumer Staples ETF
―
―
―
PSCM
Invesco S&P SmallCap Materials ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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