A side-by-side comparison of Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) and Global X E-commerce ETF (EBIZ) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | PEZ | EBIZ |
|---|---|---|
| YTD Return | -8.07% | +2.10%✓ |
| 1-Day Change | +0.44%✓ | -0.48% |
| 1-Week Change | +0.86%✓ | -1.03% |
| 1-Month Change | -1.64% | -5.53%✓ |
| Current Price | $93.57 | $27.76 |
| AUM | $24M | $26M✓ |
| MER (Expense Ratio) | 0.6% | 0.5%✓ |
| Dividend Yield | 0.26% | 0.51%✓ |
| Distribution Frequency | NA | — |
| Inception Date | 2006-10-12 | 2018-11-27 |
| Holdings Count | 34 | 39 |
| MorningStar Rating | ★★ | ★★★ |
| Category | Consumer Cyclical | Consumer Cyclical |
| Beta | 1.48 | 1.18 |
| 52-Week High | $109.99 | $35.55 |
| 52-Week Low | $90.45 | $25.77 |
| 50-Day MA | $98.27 | $29.56 |
| 200-Day MA | $101.00 | $29.27 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | PEZ | EBIZ |
|---|---|---|
| YTD | -8.07% | +2.10%✓ |
| 1 Year | -6.60%✓ | -19.63% |
| 3 Year | +13.36% | +16.28%✓ |
| 5 Year | +0.61%✓ | -2.01% |
| 10 Year | +8.46% | — |
| 1Y Volatility | 14.00% | 18.32% |
| Sharpe Ratio (3Y) | 0.37 | 0.60 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | VSCO | Victoria's Secret & Co | 6.06% |
| 2 | AMZN | Amazon.com Inc | 5.37% |
| 3 | EBAY | eBay Inc | 4.35% |
| 4 | DAL | Delta Air Lines Inc | 4.04% |
| 5 | ROST | Ross Stores Inc | 3.94% |
| 6 | HLT | Hilton Worldwide Holdings Inc | 3.94% |
| 7 | MAR | Marriott International Inc | 3.89% |
| 8 | CAKE | The Cheesecake Factory | 3.84% |
| 9 | SPHR | Sphere Entertainment Co. | 3.59% |
| 10 | ANF | Abercrombie & Fitch Company | 3.51% |
| 1 | SHOP | Shopify Inc | 5.11% |
| 2 | ALE | Allegro.eu S.A. | 4.73% |
| 3 | WSM | Williams-Sonoma Inc | 4.40% |
| 4 | GDDY | Godaddy Inc | 4.39% |
| 5 | EXPE | Expedia Group Inc. | 4.25% |
| 6 | DPZ | Domino's Pizza Inc Common Stock | 4.14% |
| 7 | AMZN | Amazon.com Inc | 4.12% |
| 8 | CSGP | CoStar Group Inc | 4.03% |
| 9 | MELI | MercadoLibre Inc. | 4.00% |
| 10 | NTES | NetEase Inc | 4.00% |
Sector Weights
| Sector | PEZ | EBIZ |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 12.99% | 4.33% |
| Consumer Cyclicals | 65.57% | 74.67% |
| Consumer Defensive | 5.17% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.23% |
| Healthcare | 3.42% | 1.70% |
| Industrials | 9.97% | 3.13% |
| Real Estate | 2.87% | 4.14% |
| Technology | 0.00% | 11.81% |
| Utilities | 0.00% | 0.00% |
About PEZ
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the consumer discretionary (or cyclicals) sector that have powerful relative strength or momentum characteristics.
About EBIZ
The fund invests at least 80% of its total assets in the securities of the underlying index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. The fund is non-diversified.
Which ETF is Right for You?
Both PEZ and EBIZ are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, EBIZ scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between PEZ and EBIZ?
PEZ (Invesco DWA Consumer Cyclicals Momentum ETF) and EBIZ (Global X E-commerce ETF) are both Canadian-listed ETFs. Key differences include their AUM ($24M vs $26M), dividend yield (0.26% vs 0.51%), and year-to-date performance (-8.07% vs +2.10%).
Is PEZ better than EBIZ?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy PEZ and EBIZ on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both PEZ and EBIZ should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report