Summary
PIE
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 43.24% Volatility 23.50% Sharpe 1.84
Official loaded data — not a live quote.

INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF

Symbol: PIE

Exchange: NASDAQ

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 28/12/2007

Latest date: 20/07/2026

Current price: $29.97

Expense ratio: 0.90%

Assets under management
$265.8M
-1.67% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-12.62%

Ann. -57.36% (Sharpe / Sortino numerator)

Volatility

35.43%

Sharpe ratio

-1.722

VaR 95%

-3.49%

CVaR 95%: -4.38%
Max drawdown: -4.73%
Sortino ratio: -2.633
Calmar ratio: -12.12

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.08%

Ann. 40.43% (Sharpe / Sortino numerator)

Volatility

26.49%

Sharpe ratio

1.389

VaR 95%

-3.24%

CVaR 95%: -3.85%
Max drawdown: -9.93%
Sortino ratio: 1.758
Calmar ratio: 4.07

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.18%

Ann. 15.34% (Sharpe / Sortino numerator)

Volatility

23.75%

Sharpe ratio

0.493

VaR 95%

-2.43%

CVaR 95%: -3.77%
Max drawdown: -9.93%
Sortino ratio: 0.619
Calmar ratio: 1.54

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

43.24%

Ann. 46.94% (Sharpe / Sortino numerator)

Volatility

23.50%

Sharpe ratio

1.843

VaR 95%

-2.07%

CVaR 95%: -3.67%
Max drawdown: -13.10%
Sortino ratio: 2.246
Calmar ratio: 3.58

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

48.47%

Ann. 13.88% (Sharpe / Sortino numerator)

Volatility

21.13%

Sharpe ratio

0.485

VaR 95%

-2.07%

CVaR 95%: -3.19%
Max drawdown: -28.69%
Sortino ratio: 0.634
Calmar ratio: 0.48

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

60.97%

Ann. 14.74% (Sharpe / Sortino numerator)

Volatility

19.54%

Sharpe ratio

0.568

VaR 95%

-1.95%

CVaR 95%: -2.91%
Max drawdown: -28.69%
Sortino ratio: 0.763
Calmar ratio: 0.51

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.157%

Best day

4.554%

08/04/2026
Worst day

-6.899%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $30.48 $30.53 $29.87 $29.97 233,700
17/07/2026 $30.24 $30.66 $29.93 $30.55 836,700
16/07/2026 $31.92 $32.09 $31.75 $31.86 14,600
15/07/2026 $32.39 $32.48 $32.06 $32.43 36,800
14/07/2026 $32.16 $32.16 $31.70 $31.91 25,700
13/07/2026 $32.19 $32.24 $31.90 $32.01 20,900
10/07/2026 $32.61 $32.89 $32.46 $32.81 706,700
09/07/2026 $32.49 $32.71 $31.52 $32.51 31,100
08/07/2026 $31.25 $31.90 $31.24 $31.78 22,500
07/07/2026 $32.08 $32.38 $31.57 $31.78 191,200