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PIZ vs DWAS

Invesco Dorsey Wright Developed Markets Momentum ETF vs Invesco DWA SmallCap Momentum ETF

PIZ

Invesco Dorsey Wright Developed Markets Momentum ETF

Invesco

Annual cost

0.80%

Fund size

$775M

DWAS

Invesco DWA SmallCap Momentum ETF

Invesco

Annual cost

0.60%

Fund size

$410M

Key differences

  • DWAS costs 0.20% less per year.
  • PIZ follows a active selection strategy; DWAS uses index tracking.
  • Over the last 3 years, PIZ has delivered higher annualized returns.
  • PIZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PIZDWAS
Annual cost (TER)0.80%0.60%
Fund size (AUM)$775M$410M
Since20072012
Dividend yield1.35%0.01%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+31.7%+41.0%
CAGR 3Y+25.6%+16.4%
CAGR 5Y+11.6%+6.8%
Sharpe 3Y1.130.60
Volatility 1Y20.15%22.74%
Max drawdown-40.93%-46.16%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PIZ and DWAS