Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE)
About this ETF
The Invesco Dorsey Wright Emerging Markets Momentum ETF (the Fund) is designed to track the performance of the Dorsey Wright Emerging Markets Technical Leaders Index. The Fund primarily invests a minimum of 90% of its assets in securities from emerging economies, as defined by Dorsey Wright & Associates, including American and Global Depositary Receipts (ADRs and GDRs) tied to the Index's constituents. The underlying Index comprises roughly 100 companies, selected from the Nasdaq Emerging Markets Index. These companies are chosen for their strong relative strength (momentum) and are based in various developing nations such as Brazil, China, India, Indonesia, and South Africa, among others. A key exclusion is US companies listed on American exchanges. The Index's returns are calculated on…
Price
Top 10 holdings
| Accton Technology Corp | 3.04% |
| Topco Scientific Co Ltd | 2.83% |
| Taiwan Semiconductor Manufacturing Co Ltd | 2.81% |
| United Integrated Services Co Ltd | 2.76% |
| Sigurd Microelectronics Corp | 2.69% |
| Marketech International Corp | 2.61% |
| Yankey Engineering Co Ltd | 2.29% |
| Wanguo Gold Group Ltd | 2.23% |
| Nan Ya Printed Circuit Board Corp | 2.18% |
| Kinsus Interconnect Technology Corp | 1.83% |
Sector mix
Price chart
Returns
| 1 month | +4.37% |
| 3 months | +12.75% |
| 6 months | +29.18% |
| Year to date | +35.41% |
| 1 year | +53.82% |
| 3 years (ann.) | +19.41% |
| 5 years (ann.) | +3.05% |
| 10 years (ann.) | +7.39% |
Risk profile
| Volatility (1y, ann.) | 25.18% |
| Sharpe (1y) | 1.84 |
| Sharpe (3y) | 0.93 |
| Sortino (1y) | 2.24 |
| Max drawdown (1y) | -9.88% |
| Max drawdown (5y) | -44.16% |
| Max drawdown (full) | -73.06% |
| Beta vs S&P 500 (1y) | 1.37 |
| Correlation vs S&P 500 (1y) | 0.68 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-22 | 2026-06-26 | USD 0.2180 |
| 2026-03-23 | 2026-03-27 | USD 0.0265 |
| 2025-12-22 | 2025-12-26 | USD 0.2420 |
| 2025-09-22 | 2025-09-26 | USD 0.0809 |
| 2025-06-23 | 2025-06-27 | USD 0.2083 |
| 2025-03-24 | 2025-03-28 | USD 0.0080 |
| 2024-12-23 | 2024-12-27 | USD 0.0369 |
| 2024-09-23 | 2024-09-27 | USD 0.1445 |
| 2024-06-24 | 2024-06-28 | USD 0.2397 |
| 2024-03-18 | 2024-03-22 | USD 0.0268 |
| 2023-12-18 | 2023-12-22 | USD 0.0582 |
| 2023-09-18 | 2023-09-22 | USD 0.2886 |
| 2023-06-20 | 2023-06-23 | USD 0.1027 |
| 2023-03-20 | 2023-03-24 | USD 0.0604 |
| 2022-12-19 | 2022-12-23 | USD 0.0507 |
| 2022-09-19 | 2022-09-23 | USD 0.3396 |
| 2022-06-21 | 2022-06-30 | USD 0.2217 |
| 2022-03-21 | 2022-03-31 | USD 0.0011 |
| 2021-12-20 | 2021-12-31 | USD 0.1477 |
| 2021-09-20 | 2021-09-30 | USD 0.1433 |
| 2021-06-21 | 2021-06-30 | USD 0.0333 |
| 2021-03-22 | 2021-03-31 | USD 0.0062 |
| 2020-12-21 | 2020-12-31 | USD 0.1136 |
| 2020-09-21 | 2020-09-30 | USD 0.1569 |
| 2020-06-22 | 2020-06-30 | USD 0.0267 |
| 2020-03-23 | 2020-03-31 | USD 0.0051 |
| 2019-12-23 | 2019-12-31 | USD 0.1466 |
| 2019-09-23 | 2019-09-30 | USD 0.1517 |
| 2019-06-24 | 2019-06-28 | USD 0.0696 |
| 2018-12-24 | 2018-12-31 | USD 0.1929 |
| 2018-09-24 | 2018-09-28 | USD 0.2098 |
| 2018-06-18 | 2018-06-29 | USD 0.1143 |
| 2017-12-18 | 2017-12-29 | USD 0.1698 |
| 2017-09-18 | 2017-09-29 | USD 0.1649 |
| 2016-12-16 | 2016-12-30 | USD 0.0950 |
| 2016-09-16 | 2016-09-30 | USD 0.0990 |
| 2016-06-17 | 2016-06-30 | USD 0.0250 |
| 2015-12-18 | 2015-12-31 | USD 0.0960 |
| 2015-09-18 | 2015-09-30 | USD 0.0110 |
| 2015-06-19 | 2015-06-30 | USD 0.0135 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard FTSE Emerging Markets ETF VWO | 0.06% | 162.80B | 0.1% |
| iShares Core MSCI Emerging Markets ETF IEMG | 0.09% | 156.92B | 0.1% |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 0.0% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |

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