(PIZ) DWA Developed Markets - Overview
Etf: Equity, Large-Cap, Developed-Markets, Ex-US
Dividends
| Dividend Yield | 1.70% |
| Yield on Cost 5y | 2.40% |
| Yield CAGR 5y | 17.08% |
| Payout Consistency | 80.6% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 19.9% |
| Relative Tail Risk | 0.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.57 |
| Alpha | 25.82 |
| Character TTM | |
|---|---|
| Beta | 0.731 |
| Beta Downside | 0.628 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.67% |
| CAGR/Max DD | 1.65 |
Description: PIZ DWA Developed Markets December 29, 2025
The Invesco DWA Developed Markets Momentum ETF (NASDAQ: PIZ) is a U.S.- domiciled fund that tracks a proprietary index of large-cap equities from developed markets outside the United States, allocating at least 90 % of its assets to the index constituents.
As of the most recent filing, PIZ carries an expense ratio of 0.59 % and manages roughly $1.2 billion in assets, with the top five holdings concentrated in European technology and consumer-discretionary firms (e.g., ASML, SAP, LVMH). The fund’s performance is heavily influenced by Eurozone GDP growth, ECB monetary policy, and cross-currency dynamics, which together account for a measurable portion of its return variance.
If you want a more granular, data-driven view of PIZ’s risk-adjusted metrics and sector exposure, a quick look at ValueRay’s analytics can be a useful next step.
What is the price of PIZ shares?
Over the past week, the price has changed by +2.30%, over one month by +5.55%, over three months by +12.17% and over the past year by +38.83%.
Is PIZ a buy, sell or hold?
What are the forecasts/targets for the PIZ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 63.5 | 19.3% |
PIZ Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 567.6m USD (567.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 567.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 567.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.61% (E(567.6m)/V(567.6m) * Re(8.61%) + (debt-free company))
Discount Rate = 8.61% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)