(PIZ) DWA Developed Markets - NASDAQ
ETF Category: Foreign Large Growth | Exchange: NASDAQ (USA) | Market Cap: 741m USD | Total Return: 22.2% in 12m
Avg Turnover: 4.03M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The Invesco DWA Developed Markets Momentum ETF (PIZ) operates as a passively managed fund, committing at least 90% of its total assets to the securities that comprise its underlying benchmark index. That index is built from large-capitalization equity securities issued by companies domiciled in developed markets outside the United States.
PIZ is classified within the Foreign Large Growth category and trades on NASDAQ. The fund employs a momentum-based methodology, which systematically overweights securities exhibiting stronger recent price performance relative to peers, rather than relying on traditional fundamental valuation screens.
- USD weakness lifts developed markets ex-US equity returns
- Momentum factor underperforms value in developed ex-US rally
- AUM growth pressured by rising factor ETF competition and fee compression
As of June 29, 2026, the stock is trading at USD 54.78 with a total of 95,387 shares traded. Over the past week, the price has changed by -3.99%, over one month by -5.91%, over three months by +14.25% and over the past year by +22.16%.
Current recommended Stop Loss: 52.90 (which is 3.4% or 1.3 ATR below the current price).
DWA Developed Markets has no consensus analysts rating.