Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ)
| Assets | $149.19M |
| Expense Ratio | 0.60% |
| PE Ratio | 8.86 |
| Shares Out | n/a |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 1.04% |
| Ex-Dividend Date | Sep 18, 2023 |
| Payout Ratio | 9.18% |
| 1-Year Return | +13.98% |
| Volume | 6,491 |
| Open | 77.75 |
| Previous Close | 78.15 |
| Day's Range | 77.75 - 78.71 |
| 52-Week Low | 68.91 |
| 52-Week High | 93.13 |
| Beta | n/a |
| Holdings | 48 |
| Inception Date | Oct 12, 2006 |
About PYZ
Fund Home PageThe Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is issued by Invesco.
Top 10 Holdings
36.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Olin Corporation | OLN | 4.17% |
| Reliance Steel & Aluminum Co. | RS | 4.17% |
| Air Products and Chemicals, Inc. | APD | 4.16% |
| Avery Dennison Corporation | AVY | 4.15% |
| Steel Dynamics, Inc. | STLD | 4.01% |
| Nucor Corporation | NUE | 3.57% |
| Carpenter Technology Corporation | CRS | 3.55% |
| Valvoline Inc. | VVV | 3.09% |
| ATI Inc. | ATI | 2.91% |
| United States Steel Corporation | X | 2.78% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-18 | $0.2014 | 2023-09-22 |
| 2023-06-20 | $0.2133 | 2023-06-23 |
| 2023-03-20 | $0.18274 | 2023-03-24 |
| 2022-12-19 | $0.22342 | 2022-12-23 |
| 2022-09-19 | $0.30663 | 2022-09-23 |
| 2022-06-21 | $0.26858 | 2022-06-30 |
News
How to Snag Materials Exposure while Minding the Momentum
Basic materials might be a no frills play in the ETF world, but add momentum to the mix, and one gets a dynamic fund in the Invesco DWA Basic Materials Momentum ETF (PYZ). The basic materials sector c...
Why Not Add Momentum to the Materials Industry?
Amid the much ballyhooed cyclical stock resurgence, the materials sector is performing admirably this year. The S&P 500 Materials Index is higher by almost 14% year-to-date.
Sector ETF Picks to Position for a Recovering Economy
While others worry about further downside risks, ETF investors should also position for potential upside risks, like chasing overpriced areas of the market. “From my lens, Financial and Technology sto...