PYZ - ETF AI Analysis
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Invesco DWA Basic Materials Momentum ETF (PYZ)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum for investors.
Leading Holdings Showing Strong Momentum
Most of the top positions, such as CF Industries, Carpenter Technology, and Albemarle, have posted strong year-to-date gains that support the fund’s overall performance.
Focused Exposure to Materials Sector
The fund’s heavy tilt toward basic materials gives investors targeted exposure to a sector that has recently been performing well.
Negative Factors
High Sector Concentration
With the vast majority of assets in the materials sector, the ETF is vulnerable if this single area of the market weakens.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, which reduces the benefits of global diversification.
Above-Average Expense Ratio
The fund’s management fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
PYZ vs. SPDR S&P 500 ETF (SPY)
AUM75.68M
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. Volume1,279
30 Day Avg. Volume5,377
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
147.66Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering43
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 metals, chemicals, and mining. It holds stocks such as Alcoa and Freeport-McMoRan, which produce key raw materials used in construction, manufacturing, and technology. Investors might consider PYZ if they want targeted exposure to materials companies that have been showing strong recent performance, which can benefit when the economy is growing and demand for raw materials rises. A key risk is that it is heavily tied to the materials sector, so it can be quite volatile and move sharply with commodity prices and the economic cycle.
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 heavily into U.S. basic materials, with a clear tilt toward metals and specialty chemicals, so this is very much a “picks and shovels” play on industrial growth. Carpenter Technology and ATI are doing the heavy lifting, with rising share prices helping power the fund’s momentum. Freeport-McMoRan and Element Solutions are also pulling their weight, adding steady upside. On the flip side, CF Industries and Alcoa have been more mixed to lagging lately, occasionally throwing sand in the ETF’s gears but not enough to derail its materials-focused story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Carpenter Technology | 7.75% | $6.04M | $29.67B | 114.31% | 75 Outperform | |
| ATI | 6.72% | $5.24M | $25.67B | 108.65% | 78 Outperform | |
| Corteva | 3.61% | $2.81M | $57.38B | 12.81% | 75 Outperform | |
| Steel Dynamics | 3.25% | $2.53M | $31.78B | 70.10% | 76 Outperform | |
| Air Products and Chemicals | 3.18% | $2.48M | $69.96B | 4.34% | 46 Neutral | |
| Nucor | 3.11% | $2.42M | $50.27B | 62.76% | 74 Outperform | |
| DuPont de Nemours | 2.96% | $2.30M | $18.89B | -36.86% | 62 Neutral | |
| Hecla Mining Company | 2.91% | $2.27M | $10.95B | 178.35% | 74 Outperform | |
| Freeport-McMoRan | 2.88% | $2.25M | $87.65B | 28.22% | 67 Neutral | |
| Perimeter Solutions | 2.82% | $2.20M | $5.53B | 121.58% | 70 Neutral |
PYZ Technical Analysis
Negative
―
Price Trends
127.32
Negative
125.41
Negative
118.76
Positive
Market Momentum
-2.12
Positive
35.70
Neutral
4.19
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PYZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 126.04, equal to the 50-day MA of 127.32, and equal to the 200-day MA of 118.76, indicating a neutral trend. The MACD of -2.12 indicates Positive momentum. The RSI at 35.70 is Neutral, neither overbought nor oversold. The STOCH value of 4.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PYZ.
PYZ Peer Comparison
Comparison Results
Performance Comparison
PYZ
Invesco DWA Basic Materials Momentum ETF
120.23
22.29
22.76%
PSCE
Invesco S&P SmallCap Energy ETF
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―
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PBJ
Invesco Dynamic Food & Beverage ETF
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―
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PSL
Invesco DWA Consumer Staples Momentum ETF
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―
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GXPC
Global X PureCap MSCI Communication Services 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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