Invesco DWA Basic Materials Momentum ETF Price & Performance (PYZ)

The Invesco DWA Basic Materials Momentum ETF (PYZ) fell 2.64% today, closing at $77.57, amid ongoing market turbulence. The ETF is down 8.46% over the past year and nearly 14% in the last three months, underperforming the broader market. Trading volume was notably low compared to its 20-day average.12

PYZ has posted a -9.3% return over the past year, trailing the SPY ETF’s 3.4% gain. Over the last three months, PYZ dropped 14.3%, matching the market’s slide, but outperformed the SPY in the last two weeks by falling less. The ETF’s support and resistance levels are $77.95 and $81.39, respectively.23

The PYZ ETF invests primarily in chemicals (48%) and metals & mining (34%), with quarterly rebalancing to maintain momentum exposure. As of March 31, the fund held 47 securities and had a 0.75% expense ratio. Its 10-year growth lags the S&P 500 Materials Index, underscoring sector-specific risks.45