Invesco Dorsey Wright Basic Materials Momentum ETF
Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ: PYZ) is an exchange-traded fund listed on NASDAQ, trading at $111.94 (about ₹10,533 a unit) as of 12 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.79% and holds 41 securities. Indian residents can buy PYZ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$111.78
Today's high
$113.45
52 week low
$97.09
52 week high
$134.10
PYZ opened at $112.70, closed previously at $113.51, and has traded between $97.09 and $134.10 over the past 52 weeks.
About
The Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) seeks to replicate the performance of the Dorsey Wright Basic Materials Technical Leaders Index. This fund typically allocates a minimum of 90% of its total assets to the securities that comprise its benchmark index. The underlying index is structured to identify companies exhibiting strong relative performance, or momentum, and is composed of at least 30 securities chosen from the NASDAQ US Benchmark Index. Relative strength defines how a security's performance within a given market segment compares to its peers over a period of time. Both the ETF and its guiding index undergo adjustments and re-composition every three months.
Key statistics
Expense ratio
0.79%
Assets (AUM)
$63.6M
Holdings
41
NAV
$113.51
Avg. volume
1.84K
1-year price change
+6.33%
5-year price change
+15.93%
Price change excludes dividends.
Top 10 holdings
PYZ holds 41 securities in total. These 10 are 38.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy PYZ from India
Indian residents can buy PYZ units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in PYZ from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PYZ and buy
Find the fund by its ticker, PYZ, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your PYZ position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying PYZ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the PYZ price today?
Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) last traded at $111.94 on NASDAQ, as of 12 Nov 2026, 4:00 PM ET. That is ₹10,533 a unit at the 12 Nov 2026 USD/INR rate.
When does PYZ trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is PYZ, and what does it cost to hold?
Invesco Dorsey Wright Basic Materials Momentum ETF manages about $63.6M. Its expense ratio is 0.79% a year, deducted inside the fund. It launched in 2006.
What are PYZ's largest holdings?
The top three are Reliance Inc (4.8%), ATI Inc (4.6%) and Royal Gold Inc (4.2%). PYZ's 10 largest positions make up 38.9% of the fund.
Does PYZ pay dividends?
Yes. PYZ is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on PYZ taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of PYZ?
Yes. You can buy PYZ by amount rather than by whole unit, and there is no minimum trade size.
How has PYZ performed?
PYZ's price is up 6.3% over the past year and up 15.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.