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PYZ - ETF AI Analysis
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Invesco DWA Basic Materials Momentum ETF (PYZ)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year to date and in recent months, indicating positive momentum in its strategy.
Leading Holdings With Solid Momentum
Several of the largest positions, including mining and materials companies, have delivered strong year-to-date performance that supports the fund’s returns.
Focused Exposure to Materials Theme
The fund’s heavy tilt toward the materials sector gives investors targeted exposure to a specific area that has been performing well recently.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost alternatives.
Sector Concentration Risk
With most assets in the materials sector, the fund is vulnerable to downturns or volatility in that single part of the market.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, offering little protection if the U.S. market or economy weakens.
PYZ vs. SPDR S&P 500 ETF (SPY)
AUM100.49M
RegionNorth America
Expense Ratio0.60%
Beta1.03
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield0.64%
Asset ClassEquity
Index TrackedDorsey Wright Basic Materials Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,674
30 Day Avg. Volume5,088
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
141.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering47
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PYZ Summary
PYZ is an ETF that follows the Dorsey Wright Basic Materials Technical Leaders Index, focusing on U.S. companies in the basic materials sector, like miners and chemical producers. It holds well-known names such as Newmont Mining and Albemarle. The fund looks for stocks showing strong recent performance (“momentum”), so it may appeal to investors seeking growth and a way to benefit from economic and industrial expansion. However, it is heavily tied to the materials sector and can be quite volatile, meaning its price can rise and fall sharply with commodity and market swings.
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 riding a powerful wave in U.S. basic materials, with metal and mining names firmly at the helm. ATI and Carpenter Technology are the standouts, rising on strong aerospace and industrial demand, giving the fund much of its recent lift. Gold and silver plays like Newmont and Royal Gold are also pulling their weight, adding steady momentum. On the flip side, Uranium Energy and Albemarle have been more mixed lately, occasionally losing steam and trimming some of the upside. Overall, this is a concentrated bet on cyclical materials rather than broad market growth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Carpenter Technology | 5.33% | $5.23M | $19.28B | 114.73% | 75 Outperform | |
| Newmont Mining | 4.73% | $4.64M | $126.51B | 165.08% | 81 Outperform | |
| ATI | 4.61% | $4.53M | $20.55B | 171.61% | 78 Outperform | |
| Hecla Mining Company | 4.46% | $4.38M | $13.67B | 275.51% | 74 Outperform | |
| Royal Gold | 4.08% | $4.01M | $23.73B | 81.51% | 78 Outperform | |
| Albemarle | 3.69% | $3.62M | $19.13B | 114.92% | 58 Neutral | |
| Uranium Energy | 3.60% | $3.54M | $6.25B | 159.12% | 54 Neutral | |
| Alcoa | 3.55% | $3.49M | $15.74B | 81.64% | 76 Outperform | |
| Coeur Mining | 3.53% | $3.47M | $14.54B | 306.46% | 69 Neutral | |
| MP Materials | 3.43% | $3.37M | $10.35B | 133.11% | 61 Neutral |
PYZ Technical Analysis
Neutral
―
Price Trends
124.66
Negative
115.42
Positive
106.97
Positive
Market Momentum
0.39
Positive
37.85
Neutral
15.75
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PYZ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 129.02, equal to the 50-day MA of 124.66, and equal to the 200-day MA of 106.97, indicating a neutral trend. The MACD of 0.39 indicates Positive momentum. The RSI at 37.85 is Neutral, neither overbought nor oversold. The STOCH value of 15.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PYZ.
PYZ Peer Comparison
Comparison Results
Performance Comparison
PYZ
Invesco DWA Basic Materials Momentum ETF
122.92
38.31
45.28%
RSPN
Invesco S&P 500 Equal Weight Industrials ETF
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FXH
First Trust Health Care AlphaDEX Fund
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FMAT
Fidelity MSCI Materials Index ETF
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FXZ
First Trust Materials AlphaDEX Fund
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RSPM
Invesco S&P 500 Equal Weight 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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