Invesco DWA Consumer Cyclicals Momentum ETF Price & Performance (PEZ)

The Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) closed at $82.32 last Thursday, up 1.09% for the day. Despite increased trading volume and recent short-term buy signals, technical forecasts suggest a potential 25% decline over the next three months. Analysts recommend holding rather than buying at current levels.12

The PEZ ETF, designed to track companies with strong momentum in the consumer discretionary sector, has experienced wide price fluctuations. Over the past year, the fund’s price ranged from $85.78 to $113.42, with a current yield of 0.11%. Its focus on relative strength aims to capture shifting consumer trends amid economic cycles.34

For 2024, the Invesco Dorsey Wright Consumer Cyclicals Momentum ETF delivered a 19.86% NAV return, outperforming its three- and five-year averages. The ETF, rebalanced quarterly, invests heavily in high-momentum consumer discretionary stocks. However, its benchmark outpaced the fund, posting a 30.14% return for the year.56