StockComparison Logo
vs

PIZ vs SPY

Comparison between INVESCO DORSEY WRIGHT DEVELOPED MARKETS MOMENTUM ETF (PIZ, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed PIZ, delivering a return of +13.0% compared to +8.5%

PIZ vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
PIZ
$777M
Winner
SPY
$781B
Expense Ratio
PIZ
0.80%
Winner
SPY
0.09%
Max Drawdown
PIZ
61.09%
Winner
SPY
56.47%
Sharpe Ratio
PIZ
0.64
Winner
SPY
1.25
5Y Beta
Winner
PIZ
0.94
SPY
1.00
P/E Ratio
PIZ
N/A
SPY
28.78
Forward P/E
PIZ
N/A
SPY
21.23
5Y Dividends CAGR
Winner
PIZ
46.14%
SPY
6.00%
5Y EPS CAGR
PIZ
N/A
SPY
25.62%
Debt to Equity
PIZ
N/A
SPY
31.92%
P/S Ratio
PIZ
N/A
SPY
3.76
P/B Ratio
PIZ
N/A
SPY
5.64

PIZ vs SPY - Holdings Comparison

PIZ and SPY have 1 common holdings. Overlap is 0.00%

PIZ's top 25 holdings weight is 49.06%. SPY's top 25 holdings weight is 51.74%.

RankPIZSPY
#1
INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 3.05%
NVIDIA CORP (NVDA) - 7.89%
#2
CONSTELLATION SOFTWARE INC (CNSWF) - 2.86%
APPLE INC (AAPL) - 7.37%
#3
n/a (BDRBF) - 2.80%
MICROSOFT CORP (MSFT) - 4.50%
#4
TOROMONT INDUSTRIES LTD (TMTNF) - 2.67%
AMAZON.COM INC (AMZN) - 3.82%
#5
BELIMO HOLDING AG (n/a) - 2.51%
ALPHABET INC CLASS A (GOOGL) - 3.33%
#6
HD HYUNDAI ELECTRIC (n/a) - 2.40%
BROADCOM INC (AVGO) - 2.86%
#7
THE TORONTO-DOMINION BANK (TD) - 2.33%
ALPHABET INC CLASS C (GOOG) - 2.68%
#8
ROYAL BANK OF CANADA (RY) - 2.19%
META PLATFORMS INC CLASS A (META) - 2.29%
#9
KINGBOARD LAMINATES HOLDINGS LTD (n/a) - 2.11%
TESLA INC (TSLA) - 1.70%
#10
INVESTOR AB CLASS B (n/a) - 2.06%
MICRON TECHNOLOGY INC (MU) - 1.56%
#11
SK HYNIX INC (n/a) - 2.03%
JPMORGAN CHASE & CO (JPM) - 1.42%
#12
LION FINANCE GROUP PLC (n/a) - 2.01%
ELI LILLY AND CO (LLY) - 1.40%
#13
INTERCONTINENTAL HOTELS GROUP PLC (n/a) - 1.90%
BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.37%
#14
SWEDBANK AB CLASS A (n/a) - 1.79%
ADVANCED MICRO DEVICES INC (AMD) - 1.32%
#15
IBIDEN CO LTD (n/a) - 1.74%
EXXONMOBIL HOLDINGS CORP (XOM) - 0.92%
#16
UNIPOL ASSICURAZIONI SPA (n/a) - 1.70%
JOHNSON & JOHNSON (JNJ) - 0.91%
#17
ABB LTD (n/a) - 1.68%
VISA INC CLASS A (V) - 0.90%
#18
BPER BANCA SPA (n/a) - 1.64%
WALMART INC (WMT) - 0.76%
#19
PIRAEUS BANK SA (n/a) - 1.50%
INTEL CORP (INTC) - 0.75%
#20
BANK OF IRELAND GROUP PLC (n/a) - 1.40%
APPLIED MATERIALS INC (AMAT) - 0.70%
#21
VAT GROUP AG (n/a) - 1.38%
CISCO SYSTEMS INC (CSCO) - 0.68%
#22
OVERSEA-CHINESE BANKING CORP LTD (n/a) - 1.37%
MASTERCARD INC CLASS A (MA) - 0.66%
#23
HOCHTIEF AG (n/a) - 1.36%
ABBVIE INC (ABBV) - 0.66%
#24
n/a (n/a) - 1.33%
CATERPILLAR INC (CAT) - 0.65%
#25
SWISS LIFE HOLDING AG (n/a) - 1.25%
LAM RESEARCH CORP (LRCX) - 0.64%
Total Holdings118505

PIZ vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
PIZ
-9.83%
Winner
SPY
+0.52%
3M
PIZ
-1.94%
Winner
SPY
+6.55%
6M
PIZ
+3.94%
Winner
SPY
+9.76%
1Y
PIZ
+16.31%
Winner
SPY
+20.32%
5Y(CAGR)
PIZ
+8.49%
Winner
SPY
+13.01%
10Y(CAGR)
PIZ
+10.30%
Winner
SPY
+15.06%
Max(CAGR)
PIZ
+5.93%
Winner
SPY
+8.50%

PIZ vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearPIZSPY
2026+7.63%+10.11%
2025+38.01%+18.00%
2024+18.15%+25.59%
2023+18.01%+26.72%
2022-30.42%-18.64%
2021+19.82%+30.52%
2020+16.95%+17.28%
2019+28.15%+31.09%
2018-16.56%-5.24%
2017+30.52%+20.78%
2016-6.35%+13.59%
2015-0.12%+1.31%
2014-6.69%+14.56%
2013+34.14%+29.00%
2012+15.32%+14.17%
2011-19.66%+0.85%
2010+17.77%+13.14%
2009+36.14%+22.67%
2008-43.80%-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

PIZ vs SPY Drawdown Comparison

The maximum drawdown for PIZ was -60.61%, occurring on Mar 9, 2009. Recovery took 1342 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current PIZ drawdown is -10.36%. The current SPY drawdown is -1.24%.

RankPIZSPY
#1-60.61%
May 19, 2008 - Sep 17, 2013		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-40.94%
Sep 2, 2021 - Feb 12, 2025		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-36.44%
Feb 12, 2020 - Aug 6, 2020		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-24.78%
Jan 26, 2018 - Dec 27, 2019		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-22.95%
Mar 6, 2014 - Jul 17, 2017		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-14.68%
Feb 18, 2025 - Apr 22, 2025		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-14.36%
Feb 26, 2026 - Apr 14, 2026		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-12.55%
May 8, 2026 - Jul 20, 2026		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-12.24%
Jan 10, 2008 - Feb 27, 2008		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-10.75%
Feb 27, 2008 - Apr 3, 2008		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-9.01%
Feb 16, 2021 - Apr 8, 2021		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-8.27%
Oct 12, 2020 - Nov 5, 2020		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-6.93%
Jan 15, 2014 - Feb 18, 2014		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-5.91%
Nov 3, 2025 - Dec 11, 2025		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-5.42%
Sep 18, 2013 - Oct 18, 2013		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between PIZ and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96
-101

Dividend Comparison (1999 - 2026)

PIZ vs SPY dividend yield comparison.

YearPIZSPY
20261.14%0.49%
20251.55%1.07%
20241.68%1.21%
20231.86%1.40%
20222.04%1.65%
20211.01%1.20%
20200.37%1.52%
20191.58%1.75%
20181.06%2.04%
20171.30%1.80%
20162.21%2.03%
20151.09%2.06%
20141.61%1.87%
20132.81%1.81%
20121.96%2.18%
20112.90%2.05%
20100.43%1.80%
20092.10%1.95%
20082.15%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

Select Stocks to Compare

Popular: PIZ vs SPY

More Comparisons

Compare with similar stocks