A side-by-side comparison of Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) 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 | PSCD | PEZ |
|---|---|---|
| YTD Return | -3.08%✓ | -8.07% |
| 1-Day Change | +0.90%✓ | +0.44% |
| 1-Week Change | +0.61% | +0.86%✓ |
| 1-Month Change | -5.86% | -1.64%✓ |
| Current Price | $108.00 | $93.57 |
| AUM | $23M | $24M✓ |
| MER (Expense Ratio) | 0.29%✓ | 0.6% |
| Dividend Yield | 1.00%✓ | 0.26% |
| Distribution Frequency | NA | NA |
| Inception Date | 2010-04-07 | 2006-10-12 |
| Holdings Count | 50 | 34 |
| MorningStar Rating | ★★ | ★★ |
| Category | Consumer Cyclical | Consumer Cyclical |
| Beta | 1.37 | 1.48 |
| 52-Week High | $122.30 | $109.99 |
| 52-Week Low | $94.81 | $90.45 |
| 50-Day MA | $116.07 | $98.27 |
| 200-Day MA | $111.51 | $101.00 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | PSCD | PEZ |
|---|---|---|
| YTD | -3.08%✓ | -8.07% |
| 1 Year | -0.61%✓ | -6.60% |
| 3 Year | +10.02% | +13.36%✓ |
| 5 Year | +0.50% | +0.61%✓ |
| 10 Year | +9.41%✓ | +8.46% |
| 1Y Volatility | 18.92% | 14.00% |
| Sharpe Ratio (3Y) | 0.30 | 0.37 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | KMX | CarMax Inc | 3.76% |
| 2 | LTH | Life Time Group Holdings Inc | 3.41% |
| 3 | VSCO | Victoria's Secret & Co | 3.17% |
| 4 | MHK | Mohawk Industries Inc | 2.84% |
| 5 | CZR | Caesars Entertainment Corporation | 2.70% |
| 6 | ETSY | Etsy, Inc. | 2.64% |
| 7 | POOL | Pool Corporation | 2.64% |
| 8 | LKQ | LKQ Corporation | 2.62% |
| 9 | FTDR | Frontdoor Inc | 2.26% |
| 10 | CAKE | The Cheesecake Factory | 2.20% |
| 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% |
Sector Weights
| Sector | PSCD | PEZ |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 12.99% |
| Consumer Cyclicals | 83.62% | 65.57% |
| Consumer Defensive | 8.80% | 5.17% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 1.21% | 3.42% |
| Industrials | 4.16% | 9.97% |
| Real Estate | 0.68% | 2.87% |
| Technology | 1.52% | 0.00% |
| Utilities | 0.00% | 0.00% |
About PSCD
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. These companies are principally engaged in the business of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, apparel and luxury goods, computers and electronics, automobiles and auto components, and hotel and restaurant services.
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.
Which ETF is Right for You?
Both PSCD and PEZ 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, PSCD 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 PSCD and PEZ?
PSCD (Invesco S&P SmallCap Consumer Discretionary ETF) and PEZ (Invesco DWA Consumer Cyclicals Momentum ETF) are both Canadian-listed ETFs. Key differences include their AUM ($23M vs $24M), dividend yield (1.00% vs 0.26%), and year-to-date performance (-3.08% vs -8.07%).
Is PSCD better than PEZ?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, PSCD has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy PSCD and PEZ on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both PSCD and PEZ should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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