Positive
Seeking Alpha
12 days ago
PIE: High Risk And Poor Long-Term Return Despite Recent Outperformance
The Invesco Dorsey Wright Emerging Markets Momentum ETF targets high relative strength stocks, with a heavy tilt toward Taiwan and technology. Despite a recent rally, PIE has underperformed EEM since inception, with higher volatility and drawdowns. Multi-factor ETFs like AVEM, FNDE, and EMGF offer better fees, liquidity, and risk-adjusted returns than PIE for emerging markets exposure.
