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FDRS vs PIZ

Founder-Led ETF vs Invesco Dorsey Wright Developed Markets Momentum ETF

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

PIZ

Invesco Dorsey Wright Developed Markets Momentum ETF

Annual cost

0.80%

Fund size

$785M

Key differences

Both FDRS and PIZ are equity ETFs. FDRS charges 0.49% a year and PIZ 0.80%. The main difference: FDRS follows a index tracking strategy; PIZ uses active selection.

  • FDRS follows a index tracking strategy; PIZ uses active selection.
  • FDRS covers North America; PIZ covers global markets.
  • FDRS costs 0.31% less per year.
  • PIZ is much larger than FDRS. Larger funds are usually more liquid and less likely to close.
  • PIZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRSPIZ
Annual cost (TER)0.49%0.80%
Fund size (AUM)$94M$785M
Since20252007
Dividend yield1.31%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1YN/A+22.5%
CAGR 3YN/A+24.6%
CAGR 5YN/A+9.6%
Sharpe 3YN/A1.07
Volatility 1Y21.17%
Max drawdown-21.64%-40.93%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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