Invesco Dorsey Wright Basic Materials ETF (PYZ)
Market Closed
30 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS) Primary 
XBER $
119. 32
+1.79
+1.5262%
$
58.8M Market Cap
1.06% Div Yield
1,462 Volume
$ 117.53
Previous Close Investors:
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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.
Seekingalpha | 4 months ago
Are You Doubting Santa Rally? 4 Low P/E Momentum ETFs to Play
Some may doubt the Santa Rally this year amid AI overvaluation and inflation woes. Low P/E momentum ETFs -- XMVM, XSVM, PYZ, VAMO -- offer a balanced year-end play.
Zacks | 7 months ago
