New

ETF model portfolios designed for real investor needs. Discover →

Advertisement
Advertisement

PIEvsEWTETF Comparison

ETF 1
PIE

Invesco DWA Emerging Markets Momentum ETF

This fund is part of
EM Large & Mid Cap
+1.11%
VS
ETF 2
EWT

iShares MSCI Taiwan ETF

This fund is part of
EM Large & Mid Cap
+1.11%

Invesco DWA Emerging Markets Momentum ETF (PIE) and iShares MSCI Taiwan ETF (EWT) belong to the same industry segment: EM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Technology, Finance and Non-Energy Materials. PIE is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.59% for EWT. PIE is up 40.93% year-to-date (YTD) with +$92M in YTD flows. EWT performs better with 69.12% YTD performance, and +$181M in YTD flows. Run a side-by-side ETF comparison of PIE and EWT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

PIE vs EWT performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.04.0%Sep 21Sep 28Oct 5Oct 12Oct 19

Cumulative Flows

0 M10 M20 M30 M40 M50 M60 MSep 21Sep 28Oct 5Oct 12Oct 19

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/19/2026
1M3MYTD1Y3Y5Y
Perf.
PIE
EWT
-3.27%-6.89%
+10.56%+12.24%
+40.93%+69.12%
+42.58%+70.36%
+96.70%+190.80%
+52.46%+153.37%
Flows
PIE
EWT
+$17M+$57M
-$24M+$690M
+$92M+$181M
+$92M+$501M
+$59M+$2.34B
+$29M+$3M
Volatility and drawdown
3M1Y3Y5Y
Volatility
PIE
EWT
+24.79%+29.89%
+25.28%+29.26%
+19.48%+24.31%
+18.10%+22.01%
Max drawdown
PIE
EWT
-10.92%-12.41%
-16.21%-19.52%
-26.75%-24.52%
-36.29%-39.14%
Max drawdown duration
PIE
EWT
14d12d
88d73d
377d334d
1344d859d
Trading data

Create an account to view trading data

Join for free
PIE
EWT
Last sale
10/20/2026 at 1:30 PM
$33.38
$107.33
Previous close
10/19/2026
$33.27
$107.26
Consolidated volume
10/19/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
PIE
EWT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
PIE
EWT
Last price
$33.38
$107.33
1D performance
+0.33%
+0.07%
AuM$263.58 M$11.74 B
E/R0.9%0.59%
Characteristics
PIE
EWT
Management strategyPassivePassive
ProviderInvescoiShares
BenchmarkDorsey Wright Emerging Markets Technical Leaders IndexMSCI Taiwan 25/50 Index
N° of holdings10076
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateDecember 28, 2007June 20, 2000
ESGNoNo
Advertisement
Exposure

Countries

PIE
Taiwan
59.19%
China
14.91%
Other
25.9%
EWT
Taiwan
99.63%
Other
0.37%

Sectors

PIE
Technology
40.46%
Finance
19.98%
Non-Energy Materi.
17.92%
Industrials
13.02%
Other
8.62%
EWT
Technology
70.65%
Finance
13.96%
Non-Energy Materi.
7.48%
Other
7.91%
Advertisement

Diversification

PIE

Total weight of top 15 holdings out of 15

34.66%
EWT

Total weight of top 15 holdings out of 15

55.84%

Top 15 holdings

Data as of August 31, 2026
PIE
Wanguo Gold Group Ltd.
3.37%
Topco Scientific Co., Ltd.
2.89%
Taiwan Semiconductor Manufacturing Co., Ltd.
2.74%
Accton Technology Corp.
2.48%
United Integrated Services Co., Ltd.
2.38%
Marketech International Corp.
2.30%
Nan Ya Printed Circuit Board Corp
2.23%
Sigurd Microelectronics Corp.
2.19%
Unimicron Technology Corp.
2.16%
Yankey Engineering Co. Ltd.
2.15%
Zijin Mining Group Co., Ltd.
2.06%
Kinsus Interconnect Technology Corp.
2.02%
King Slide Works Co., Ltd.
2.00%
Chroma Ate, Inc.
1.89%
Supreme Electronics Co. Ltd.
1.80%
EWT
Taiwan Semiconductor Manufacturing Co., Ltd.
22.13%
MediaTek, Inc.
5.97%
Delta Electronics, Inc.
3.96%
Hon Hai Precision Industry Co., Ltd.
3.34%
ASE Technology Holding Co., Ltd.
2.56%
Elite Material Co., Ltd.
2.17%
Nan Ya Plastics Corp.
2.07%
Unimicron Technology Corp.
1.99%
United Microelectronics Corp.
1.93%
Asia Vital Components Co., Ltd.
1.88%
Fubon Financial Holding Co., Ltd.
1.66%
Accton Technology Corp.
1.62%
Wiwynn Corp.
1.53%
King Slide Works Co., Ltd.
1.53%
Yageo Corp.
1.51%
Frequently asked questions about PIE and EWT

How have the PIE and EWT ETFs performed in 2026?

As of October 19, 2026, PIE is up 40.93% year-to-date (YTD), while EWT has returned 69.12%. That puts EWT better performer ahead so far this year.

Which ETF is attracting more investor money: PIE or EWT?

Year-to-date, the PIE ETF saw +$92M in flows, compared to +$181M for EWT.

Which ETF is more volatile: PIE or EWT?

Over the past year, PIE had a volatility of 25.28%, while EWT experienced 29.26%.

Which ETF is bigger: PIE or EWT?

As of October 19, 2026, PIE holds $263.58 M in assets under management (AUM), while EWT manages $11.74 B.

What sectors do the PIE and EWT ETFs invest in?

PIE leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, EWT focuses on Technology, Finance and Non-Energy Materials.

What are the top holdings of the PIE ETF and EWT ETF?

PIE top holdings include Wanguo Gold Group Ltd., Topco Scientific Co., Ltd. and Taiwan Semiconductor Manufacturing Co., Ltd.. EWT holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., MediaTek, Inc. and Delta Electronics, Inc..

Which ETF is more diversified: PIE or EWT?

PIE holds 100 securities with 34.66% of its assets in the top 15. EWT has 76 securities and a top 15 weight of 55.84%.

Advertisement
Latest news about PIE & EWT
Advertisement
Advertisement
New Report

ETFs’ Next Act: From Access to Selection

With 1,790 new products launched by July 2026, choosing is harder than ever. Our Global ETF Survey 2026, built on 620 professional investors and allocators, shows how active, fixed income, options-based and thematic ETFs are reshaping fund selection.

Global ETF Survey 2026