Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ)

The Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) aims to replicate the performance of the Dorsey Wright Developed Markets Technical Leaders Index. The Fund typically allocates a minimum of 90% of its assets to securities from developed nations, as defined by Dorsey Wright & Associates, along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent Index holdings. The underlying Index comprises roughly 100 companies selected from the Nasdaq Developed Markets Ex United States Index, all demonstrating robust relative strength characteristics. These companies are domiciled in various developed markets globally, including but not limited to Australia, Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Norway, Portugal, Singapore, Spain, and Switzerland. Notably, the Index specifically excludes US-based companies…