Invesco Dorsey Wright Basic Materials ETF (PYZ)
NASDAQ (NMS) NASDAQ (NMS) Primary 
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PYZ Chart
PYZ: A Hold Despite Its Concentrated Portfolio Of Inflation Beneficiaries Prone To Deep Drawdowns
Invesco Dorsey Wright Basic Materials Momentum ETF offers exposure to basic materials stocks exhibiting momentum characteristics. Heavy in metals & mining and chemicals, PYZ could be a vehicle to consider for exposure to inflation beneficiaries that look poised for outperformance amid supply chain disruptions. However, PYZ's historical performance warrants caution, as the ETF has underperformed XLB and IVV since 2014, delivering much higher volatility and deeper maximum drawdowns.
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Invesco Dorsey Wright Basic Materials ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JE Jean Elzayek Householder Group Estate & Retirement Specialist LLC | 255 | $21,686.64 | $29,933.17 | $8,246.53 | 38.03% |
 Scott Register Register Financial Advisors LLC | 7 | $599 | $832.79 | $233.79 | 39.03% |
 Christopher C. Powers Farther Finance Advisors, LLC | 3,368 | $286,942.96 | $395,904.7 | $108,961.74 | 37.97% |
 Phillip G. Trueblood Trueblood Wealth Management, LLC | 4,570 | $403,903.68 | $556,283.25 | $152,379.57 | 37.73% |
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Invesco Dorsey Wright Basic Materials ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
This investment fund is designed to provide investors with a mechanism to gain exposure to the basic materials sector, focusing on companies demonstrating strong momentum characteristics. By allocating at least 90% of its total assets into securities that are included within its underlying index, the fund aims to mimic the performance of at least 30 companies identified for their powerful relative strength in the market. This strategic focus on momentum investing within the basic materials sector is intended to capitalize on the potential for higher returns by investing in companies that are currently showing significant upward trends in their market performance.
Products and Services
- Securities Investment
The primary service offered by the fund revolves around investing in securities that are part of the basic materials sector, adhering closely to the composition of the underlying momentum index. This includes investments in stocks or bonds of companies engaged in the production and distribution of basic materials such as chemicals, metals, and paper. This strategic investment approach is designed to capture growth in this sector by identifying companies that show strong potential for sustained performance, thereby hoping to offer investors the opportunity for substantial returns.
- Momentum Index Tracking
The fund's investment strategy is heavily focused on tracking the performance of an underlying index characterized by at least 30 companies with outstanding momentum or relative strength. This implies a dynamic investment approach, adjusting its portfolio to align with the constantly evolving composition of the index. By following this index, the fund seeks to invest in those companies within the basic materials sector that are currently experiencing upward trends in their valuation, based on the premise that stocks with strong past performances are likely to continue outperforming in the near term.
