PIE - Invesco Dorsey Wright Emerging Markets Momentum ETF
The Invesco Dorsey Wright Emerging Markets Momentum ETF (the Fund) is designed to track the performance of the Dorsey Wright Emerging Markets Technical Leaders Index. The Fund primarily invests a minimum of 90% of its assets in securities from emerging economies, as defined by Dorsey Wright & Associates, including American and Global Depositary Receipts (ADRs and GDRs) tied to the Index's constituents. The underlying Index comprises roughly 100 companies, selected from the Nasdaq Emerging Markets Index.
As of Jun 30, 2026: spot at $32.85, ATM IV 41.6%, max pain $25.00, net GEX $3.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Market Cap
- $162.5M
- Beta
- 1.06
- 52-Week Range
- 20.39-35.17
- Dividend Yield
- $0.57
- IPO Date
- Jan 7, 2008
- Exchange
- NASDAQ
What PIE Looks Like to Options Traders Today
IV rank of 55.2% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($3) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.045) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The PIE 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 PIE overview questions
- What is PIE?
- PIE is the ticker symbol for Invesco Dorsey Wright Emerging Markets Momentum ETF, an listed exchange-traded fund. The Invesco Dorsey Wright Emerging Markets Momentum ETF (the Fund) is designed to track the performance of the Dorsey Wright Emerging Markets Technical Leaders Index. The Fund primarily invests a minimum of 90% of its assets in securities from emerging economies, as defined by Dorsey Wright & Associates, including American and Global Depositary Receipts (ADRs and GDRs) tied to the Index's constituents. Listed on NASDAQ. PIE 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 PIE options snapshot look like today?
- As of Jun 30, 2026, the PIE options snapshot shows spot at $32.85, ATM IV 41.6%, IV rank 55.2%, max pain $25.00, net GEX $3, expected move 11.93%. 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 PIE's key statistics?
- Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) carries a market capitalization of $162.5M, 52-week range of 20.39-35.17. 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 PIE belong to?
- Invesco Dorsey Wright Emerging Markets Momentum ETF operates in the Financial Services sector, in the Asset Management - Global 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 PIE'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 PIE data on this page?
- The options snapshot above is dated Jun 30, 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.