PYZ vs VAW
Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF against Vanguard Materials ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
37%
40 shared positions
Fee gap
51 bp
VAW is cheaper
1-year return gap
3.5 pts
VAW is ahead
Larger fund
VAW
$2.9B
Side by side
| PYZ | VAW | |
|---|---|---|
| Fund | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF | Vanguard Materials ETF |
| Issuer | Invesco | Vanguard |
| Category | Materials | Materials |
| Expense ratio | 0.60% | 0.09% |
| Assets | $65M | $2.9B |
| Average daily dollar volume | $312K | $17M |
| Listed | Oct 12, 2006 | Jan 26, 2004 |
| FrenzyCap score | 31 | 77 |
| 1-month return | −4.9% | −2.7% |
| 3-month return | −3.5% | −1.4% |
| Year to date | +4.6% | +6.8% |
| 1-year return | +4.1% | +7.6% |
| 30-day volatility | 17.6% | 15.1% |
| Worst drawdown, 1 year | −17.8% | −13.4% |
| Trailing 12-month yield | 0.49% | 1.44% |
| Holdings | 45 | 113 |
| Top 10 weight | 40.8% | 55.4% |
| Look-through P/E | 54.7 | 32.5 |
| Holdings vs fair value | +17.9% | +8.2% |
| Holdings above 200-day average | 27% | 33% |
| Net flow, latest 3 reported months | −$24M thru Jul 2026 | +$7.1M thru May 2026 |
| 30-day implied volatility | 23.7% | 21.0% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
89% of PYZ · 62% of VAW| Holding | PYZ | VAW |
|---|---|---|
| CTVA | 3.46% | 3.40% |
| NEM | 2.98% | 7.69% |
| FCX | 2.91% | 6.06% |
| STLD | 3.70% | 2.32% |
| LIN | 2.26% | 14.92% |
| NUE | 2.06% | 3.67% |
| ECL | 1.59% | 4.19% |
| DOW | 1.89% | 1.54% |
| ALB | 3.03% | 1.33% |
| DD | 2.93% | 1.30% |
| AA | 3.92% | 1.29% |
| CDE | 2.93% | 1.28% |
| RS | 1.94% | 1.28% |
| RGLD | 2.04% | 1.22% |
| CF | 5.32% | 1.13% |
| LYB | 1.75% | 1.10% |
| RPM | 1.48% | 0.87% |
| SOLS | 3.01% | 0.86% |
| HL | 3.12% | 0.76% |
| ESI | 2.76% | 0.63% |
| CMC | 1.04% | 0.54% |
| NEU | 1.29% | 0.40% |
| CE | 3.01% | 0.37% |
| BCPC | 0.68% | 0.33% |
| LPX | 1.31% | 0.31% |
Sector mix of the stock holdings
| Sector | PYZ | VAW | Gap |
|---|---|---|---|
| Materials | 87.8% | 79.3% | +8.6% |
| Consumer Staples | 5.0% | 7.7% | −2.6% |
| Industrials | 5.0% | 4.1% | +1.0% |
| Consumer Discretionary | 0.0% | 4.6% | −4.6% |
| Financials | 2.0% | 1.2% | +0.8% |
| Energy | 0.0% | 0.1% | −0.1% |
More: full overlap table · PYZ holdings · VAW holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.