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PYZ - ETF AI Analysis
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Invesco DWA Basic Materials Momentum ETF (PYZ)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date returns, indicating strong momentum in its holdings.
Focused Sector Exposure
The ETF's heavy allocation to the materials sector aligns with strong-performing industries this year.
Top Holdings Showing Gains
Several top holdings, such as MP Materials and Coeur Mining, have posted strong year-to-date performance, supporting the fund's overall growth.
Negative Factors
High Sector Concentration
Nearly 80% of the ETF is allocated to the materials sector, increasing vulnerability to downturns in this industry.
Limited Geographic Diversification
With almost 100% exposure to U.S. companies, the ETF lacks international diversification, which could limit its resilience to global market shifts.
Above-Average Expense Ratio
The fund's expense ratio is higher than many other ETFs, which could reduce overall returns for investors over time.
PYZ vs. SPDR S&P 500 ETF (SPY)
AUM72.66M
RegionNorth America
Expense Ratio0.60%
Beta0.99
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield0.84%
Asset ClassEquity
Index TrackedDorsey Wright Basic Materials Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,585
30 Day Avg. Volume4,252
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
123.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PYZ Summary
The Invesco DWA Basic Materials Momentum ETF (PYZ) is an investment fund focused on companies in the materials sector, such as mining and raw material processing. It follows the Dorsey Wright Materials Technical Leaders Index, which selects stocks showing strong momentum. Some well-known companies in the ETF include Hecla Mining and Newmont Mining. Investors might consider PYZ for diversification and potential growth during economic expansion, as materials are essential for industrial activity. However, it’s important to note that the ETF is heavily tied to the materials sector, which can be sensitive to changes in economic conditions.
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
The PYZ ETF is heavily concentrated in the materials sector, with a focus on mining and industrial companies driving its performance. Rising stocks like Hecla Mining and Albemarle are providing a boost, thanks to strong earnings and momentum in their respective markets. However, lagging names such as Uranium Energy and MP Materials are holding the fund back, weighed down by weak financials and bearish technical trends. With its U.S.-centric exposure and a clear tilt toward cyclical industries, this fund is riding the ups and downs of the global economy’s demand for raw materials.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hecla Mining Company | 5.74% | $4.24M | $10.70B | 190.89% | 75 Outperform | |
| Carpenter Technology | 5.33% | $3.94M | $15.89B | 64.03% | 74 Outperform | |
| Newmont Mining | 4.07% | $3.01M | $98.78B | 115.32% | 81 Outperform | |
| Uranium Energy | 3.75% | $2.77M | $5.81B | 49.32% | 51 Neutral | |
| Coeur Mining | 3.64% | $2.69M | $10.40B | 149.46% | 68 Neutral | |
| Royal Gold | 3.51% | $2.60M | $16.97B | 38.02% | 78 Outperform | |
| Corteva | 3.31% | $2.45M | $45.04B | 6.64% | 75 Outperform | |
| MP Materials | 3.30% | $2.44M | $10.66B | 188.63% | 52 Neutral | |
| Albemarle | 3.00% | $2.22M | $14.94B | 17.53% | 58 Neutral | |
| Linde | 2.83% | $2.09M | $190.47B | -10.77% | 66 Neutral |
PYZ Technical Analysis
Positive
―
Price Trends
105.66
Negative
103.23
Positive
94.99
Positive
Market Momentum
-0.94
Negative
54.90
Neutral
75.79
Neutral
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 102.08, equal to the 50-day MA of 105.66, and equal to the 200-day MA of 94.99, indicating a neutral trend. The MACD of -0.94 indicates Negative momentum. The RSI at 54.90 is Neutral, neither overbought nor oversold. The STOCH value of 75.79 is Neutral, 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
105.53
7.52
7.67%
PBJ
Invesco Dynamic Food & Beverage ETF
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RIET
Hoya Capital High Dividend Yield ETF
―
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USAI
Pacer American Energy Independence ETF
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―
PSL
Invesco DWA Consumer Staples Momentum ETF
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―
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.
Disclaimer
This 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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