PEZ - Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
The Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) aims to replicate the performance of the Dorsey Wright Consumer Cyclicals Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that make up its benchmark index. The underlying index is meticulously constructed to identify companies displaying robust relative strength, a concept synonymous with momentum, by selecting at least 30 securities from the NASDAQ US Benchmark Index.
As of Jun 26, 2026: spot at $104.16, ATM IV 30.2%, net GEX $322.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $54.3M
- Beta
- 1.53
- 52-Week Range
- 90.81-110.43
- Dividend Yield
- $0.25
- IPO Date
- Oct 12, 2006
- Exchange
- NASDAQ
What PEZ Looks Like to Options Traders Today
IV rank of 3.5% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($322) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.027) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The PEZ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked PEZ overview questions
- What is PEZ?
- PEZ is the ticker symbol for Invesco Dorsey Wright Consumer Cyclicals Momentum ETF, an listed exchange-traded fund. The Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) aims to replicate the performance of the Dorsey Wright Consumer Cyclicals Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that make up its benchmark index. Listed on NASDAQ. PEZ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the PEZ options snapshot look like today?
- As of Jun 26, 2026, the PEZ options snapshot shows spot at $104.16, ATM IV 30.2%, IV rank 3.5%, net GEX $322, expected move 8.66%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are PEZ's key statistics?
- Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) carries a market capitalization of $54.3M, 52-week range of 90.81-110.43. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does PEZ belong to?
- Invesco Dorsey Wright Consumer Cyclicals Momentum ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PEZ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the PEZ data on this page?
- The options snapshot above is dated Jun 26, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.