PIZ Performance — Invesco Dorsey Wright Developed Markets Momentum ETF
Data updated: 2026-09-29
PIZ returned +6.72% year to date and +15.17% over one year to Jul 2026. Annualised returns are +19.35% over 3 years and +7.40% over 5 years. The fund beat its International Large Growth category average: $100 invested three years ago grew to $170, against $132 for the category, and to $115 over one year, against $113. Volatility over the past three years was 17.90% a year. In the 12 months to Jul 2026 the fund took in a net $259.2M, and assets reached $713.58M.
PIZ Growth of $100
What $100 invested in Invesco Dorsey Wright Developed Markets Momentum ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Growth category average over the same months.
| Period | PIZ | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $113 |
| 3 years (Aug 2023 – Jul 2026) | $170 | $132 |
| 5 years (Aug 2021 – Jul 2026) | $143 | $114 |
| Since data start (Aug 2019 – Jul 2026) | $211 | $174 |
PIZ Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.72% |
| 1 year | +15.17% |
| 3 years (annualised) | +19.35% |
| 5 years (annualised) | +7.40% |
PIZ Annual Returns
Calendar-year total returns of Invesco Dorsey Wright Developed Markets Momentum ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +6.72% |
| 2025 | +36.33% |
| 2024 | +16.31% |
| 2023 | +17.88% |
| 2022 | −30.47% |
| 2021 | +20.78% |
| 2020 | +17.91% |
| 2019 (Aug–Dec) | +6.62% |
PIZ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.9% | +6.1% | −11.1% | +14.8% | +3.2% | −3.1% | −7.8% | — | — | — | — | — |
| 2025 | +5.9% | +1.2% | −1.9% | +8.7% | +6.7% | +4.3% | −0.6% | +1.7% | +3.3% | +1.4% | −0.6% | +2.0% |
| 2024 | +2.1% | +3.6% | +2.7% | −3.1% | +6.6% | +0.7% | +1.7% | +3.5% | +1.4% | −3.2% | +2.6% | −2.8% |
| 2023 | +7.7% | −1.7% | +3.4% | +1.8% | −4.5% | +5.0% | +4.9% | −4.3% | −5.4% | −4.6% | +10.0% | +5.7% |
| 2022 | −14.7% | −4.0% | +1.9% | −7.4% | +0.7% | −11.7% | +6.8% | −4.6% | −12.2% | +6.7% | +9.9% | −3.6% |
| 2021 | −1.5% | −0.2% | +2.1% | +6.5% | +3.4% | +0.9% | +5.1% | +4.2% | −8.1% | +5.8% | −1.9% | +3.7% |
| 2020 | +0.8% | −8.3% | −14.7% | +8.8% | +8.8% | +3.0% | +6.1% | +5.6% | +0.5% | −3.9% | +8.7% | +4.4% |
| 2019 | — | — | — | — | — | — | — | −2.6% | −0.1% | +2.8% | +3.2% | +3.3% |
PIZ Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.90%
- 3-year Sharpe ratio: 0.83 (vs 4.5% risk-free rate)
- Best month: +14.83% (Apr 2026)
- Worst month: −11.07% (Mar 2026)
PIZ Fund Flows
Monthly money in and out of Invesco Dorsey Wright Developed Markets Momentum ETF, from SEC Form N-PORT.
- 12-month net flow: $259.2M
- 12-month gross sales (incl. reinvestments): $300.2M
- Sales ÷ redemptions: 7.34×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $8.0M | $10.3M | −$2.3M |
| Jun 2026 | $22.3M | $29K | $22.2M |
| May 2026 | $5.8M | $20.5M | −$14.8M |
| Apr 2026 | $11.2M | $38K | $11.1M |
| Mar 2026 | $18.2M | $9.9M | $8.2M |
| Feb 2026 | $121.3M | $36K | $121.3M |
| Jan 2026 | $20.7M | $1K | $20.7M |
| Dec 2025 | $19.6M | $7K | $19.6M |
| Nov 2025 | $19.3M | $276 | $19.3M |
| Oct 2025 | $19.0M | $3K | $19.0M |
| Sep 2025 | $18.6M | $3K | $18.6M |
| Aug 2025 | $16.2M | $5K | $16.2M |
PIZ Assets Under Management
Net assets of Invesco Dorsey Wright Developed Markets Momentum ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $713.58M |
| 2026-04-30 | $775.03M |
| 2026-01-31 | $581.73M |
| 2025-10-31 | $478.84M |
| 2025-07-31 | $399.77M |
| 2025-04-30 | $265.20M |
| 2025-01-31 | $186.90M |
| 2024-10-31 | $136.21M |
| 2024-07-31 | $130.64M |
| 2024-04-30 | $123.67M |
| 2024-01-31 | $125.14M |
| 2023-10-31 | $108.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.