Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) Total Returns

Growth of $10,000 chart

2021-04-21 to 2026-04-21
to
$
%
%
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Investment Performance

Final Value
$13,028
Total Return
30.28%
CAGR
5.43%
Dividends
$1,025.57
Yield on Cost
10.26%

Rolling Returns

1-Month (21 Trading Days)
Average+0.48%
Median+0.58%
Best+22.33%
Worst-17.70%
% of Windows Positive54.1%
1-Year (252 Trading Days)
Average+2.53%
Median+5.31%
Best+87.34%
Worst-34.26%
% of Windows Positive57.8%
3-Year (756 Trading Days)
Average+10.50%
Median-6.74%
Best+69.40%
Worst-30.59%
% of Windows Positive44.2%

Risk Metrics

Maximum Drawdown -40.82%
Average Drawdown -19.60%
Drawdown Duration 1130 Trading Days
Sortino Ratio 0.51
Calmar Ratio 0.13
CVaR (5%) -2.94%

Yearly Returns

Year Percentage Abs. Return Dividends Taxes Trans. Costs
2026 partial +25.86% (+113.16% ann.) +$2586.13 $10.99 $2.20 $0.02
2025 +25.36% +$2536.07 $282.24 $56.45 $0.46
2024 -0.69% $69.47 $229.20 $45.84 $0.37
2023 +13.11% +$1310.65 $288.61 $57.72 $0.45
2022 -29.22% $2922.36 $239.64 $47.93 $0.39
2021 +14.02% +$1401.87 $144.76 $28.96 $0.23
2020 +20.87% +$2087.41 $158.83 $31.76 $0.25
2019 +25.49% +$2548.60 $284.18 $56.82 $0.46
2018 -22.47% $2246.80 $253.32 $50.66 $0.40
2017 +41.31% +$4130.95 $228.04 $45.62 $0.36
2016 -0.28% $27.71 $146.99 $29.39 $0.24
2015 -14.32% $1432.49 $68.97 $13.79 $0.11
2014 -2.95% $295.07 $51.22 $10.24 $0.08
2013 -1.29% $129.42 $120.36 $24.08 $0.19
2012 +17.33% +$1732.71 $79.77 $15.95 $0.13
2011 -12.68% $1267.93 $69.21 $13.85 $0.11
2010 +25.06% +$2505.67 $42.08 $8.41 $0.07
2009 +57.47% +$5747.45 $111.58 $22.31 $0.19
2008 partial -62.93% (-63.56% ann.) $6292.51 $24.76 $4.95 $0.04

Market Regimes

about
Regime Period Percentage Annual Abs. Return Dividends Taxes Trans. Costs
GFC / deleveraging / dollar shortage partial January 7, 2008 – March 9, 2009 -71.91% -66.25% $7190.82 $24.76 $4.95 $0.04
Policy-led rebound / euro-sovereign-crisis overlay March 10, 2009 – July 25, 2012 +119.16% +26.17% +$11916.25 $517.89 $103.56 $0.84
Secular stagnation / QE / low inflation / duration bull July 26, 2012 – February 19, 2020 +27.73% +3.29% +$2772.92 $1245.56 $249.09 $2.00
Pandemic shock / liquidity crash February 20, 2020 – March 23, 2020 -31.15% -98.59% $3115.33 $2.64 $0.53 $0.00
Policy bazooka / monetary euphoria March 24, 2020 – November 6, 2020 +48.48% +88.89% +$4848.02 $130.17 $26.02 $0.21
Reopening reflation / fiscal boom / supply bottlenecks November 9, 2020 – November 29, 2021 +19.08% +18.02% +$1907.82 $141.32 $28.27 $0.21
Inflation shock / duration crash / aggressive tightening November 30, 2021 – November 9, 2022 -31.44% -33.02% $3144.02 $287.17 $57.44 $0.47
Disinflation rebound / AI-led narrow bull / higher-for-longer November 10, 2022 – September 17, 2024 +21.75% +11.20% +$2175.38 $488.27 $97.66 $0.77
Disinflationary easing / resilient growth / AI capex under oil-shock test partial September 18, 2024 – April 21, 2026 +51.43% +29.86% +$5142.79 $374.44 $74.89 $0.60

Dividend History

Annual Dividends Per Share
TTM Yield
Consecutive Years Paid
current
Consecutive Years of Growth
current

Date Per Share Yield %
2008-06-20 $0.0630 0.28%
2009-12-18 $0.1050 0.73%
2010-12-17 $0.0620 0.34%
2011-06-17 $0.0250 0.14%
2011-12-16 $0.1020 0.65%
2012-06-15 $0.0960 0.59%
2012-12-21 $0.0310 0.17%
2013-06-21 $0.0530 0.31%
2013-09-20 $0.0800 0.41%
2013-12-20 $0.0900 0.50%
2014-09-19 $0.0150 0.08%
2014-12-19 $0.0780 0.45%
2015-06-19 $0.0140 0.08%
2015-09-18 $0.0110 0.07%
2015-12-18 $0.0960 0.64%
2016-06-17 $0.0250 0.16%
2016-09-16 $0.0990 0.61%
2016-12-16 $0.0950 0.64%
2017-09-18 $0.1650 0.84%
2017-12-18 $0.1700 0.85%
2018-06-18 $0.1140 0.54%
2018-09-24 $0.2100 1.14%
2018-12-24 $0.1930 1.23%
2019-03-18 $0.0700 0.42%
2019-06-24 $0.0700 0.40%
2019-09-23 $0.1520 0.85%
2019-12-23 $0.1470 0.76%
2020-03-23 $0.0050 0.04%
2020-06-22 $0.0270 0.15%
2020-09-21 $0.1570 0.80%
2020-12-21 $0.1140 0.51%
2021-03-22 $0.0060 0.02%
2021-06-21 $0.0330 0.13%
2021-09-20 $0.1430 0.56%
2021-12-20 $0.1480 0.59%
2022-03-21 $0.0010 0.00%
2022-06-21 $0.2220 1.11%
2022-09-19 $0.3400 1.85%
2022-12-19 $0.0510 0.28%
2023-03-20 $0.0600 0.34%
2023-06-20 $0.1030 0.53%
2023-09-18 $0.2890 1.51%
2023-12-18 $0.0580 0.30%
2024-03-18 $0.0270 0.13%
2024-06-24 $0.2400 1.11%
2024-09-23 $0.1450 0.71%
2024-12-23 $0.0370 0.19%
2025-03-24 $0.0080 0.04%
2025-06-23 $0.2080 1.03%
2025-09-22 $0.0810 0.33%
2025-12-22 $0.2420 0.99%
2026-03-23 $0.0260 0.10%
Total 52 payments

Portfolio Dividend Returns

Based on $10,000 initial investment, 20% tax rate, 0.2% transaction cost. Showing 2021-04-21 to 2026-04-21. Change
Date Total Yield Tax Trans. Cost Shares Bought
2021-06-21 $13.14 $2.63 $0.02 0.3960
2021-09-20 $57.03 $11.41 $0.09 1.8699
2021-12-20 $59.30 $11.86 $0.10 1.9183
2022-03-21 $0.40 $0.08 $0.00 0.0138
2022-06-21 $89.38 $17.87 $0.14 3.5680
2022-09-19 $138.10 $27.62 $0.22 6.1254
2022-12-19 $21.02 $4.21 $0.04 0.9358
2023-03-20 $24.79 $4.96 $0.04 1.1078
2023-06-20 $42.68 $8.53 $0.07 1.7971
2023-09-18 $120.26 $24.05 $0.19 5.1402
2023-12-18 $24.44 $4.89 $0.04 1.0139
2024-03-18 $11.40 $2.28 $0.02 0.4434
2024-06-24 $101.46 $20.29 $0.16 3.8173
2024-09-23 $61.85 $12.37 $0.10 2.4100
2024-12-23 $15.88 $3.18 $0.03 0.6505
2025-03-24 $3.44 $0.69 $0.0090 0.1454
2025-06-23 $89.39 $17.88 $0.14 3.5088
2025-09-22 $35.09 $7.02 $0.05 1.1479
2025-12-22 $105.13 $21.02 $0.17 3.4541
2026-03-23 $11.38 $2.27 $0.02 0.3465
Total $1025.57 $205.13 $1.64 39.8101

All calculations use split-adjusted closing prices. Dividends are reinvested on the ex-dividend date at that day's closing price.

For each rolling window, returns are calculated at every possible starting point:

return = (value[i] ÷ value[i − windowSize] − 1) × 100

Windows
1-month = 21 trading days, 1-year = 252 trading days, 3-year = 756 trading days.
Statistics
Average: arithmetic mean. Median: middle value when sorted. Best / Worst: max and min. % Positive: share of windows with return > 0.

The series is segmented by calendar year:

return = (endValue ÷ startValue − 1) × 100

startValue is the last value of the prior year (or the first value for the initial year). Partial first/last years are flagged. Dividends, taxes, and transaction costs are scaled proportionally to the initial investment.

VWRL.AS

CAGR 9.58% Total 257.03% Final €35,703
2012-05-22 — 2026-04-20
EEM

CAGR 9.38% Total 687.11% Final $78,711
2003-04-14 — 2026-04-21
GEM

CAGR 8.40% Total 134.35% Final $23,435
2015-09-29 — 2026-04-21