IPKW
Invesco International BuyBack Achievers ETF
Invesco International BuyBack Achievers Portfolio is an exchange-traded fund incorporated in the USA. The Fund is based on the NASDAQ International BuyBack AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.
Fund Basics
Fund sponsor | Invesco PowerShares |
Category | International Equities |
Asset class | Equity |
Website | link... |
Inception date | Feb 24, 2014 |
Assets (mns) | $70 |
Expense ratio | 55 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Grantor Trust |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Share Buybacks |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
SHELL PLC | 5.2 % |
BP PLC | 5.2 % |
CANADIAN NATURAL RESOURCES | 4.6 % |
NOVARTIS AG | 4.5 % |
UBS GROUP AG | 4.4 % |
UNICREDIT S.P.A. | 4.3 % |
BANCO BILBAO VIZCAYA ARGENTA | 4.3 % |
SUNCOR ENERGY INC | 2.9 % |
VALE SA | 2.9 % |
ADIDAS AG | 2.8 % |
Constituent Breakdown
Number of holdings | 146 |
Herfindahl-Hirschman Index | 252 |
Wgt avg mkt cap (mns) | $60,643 |
Large cap (>$10bn) | 80.5% |
Mid cap ($2-10bn) | 12.6% |
Small cap (<$2bn) | 4.0% |
Developed mkts. | 95.9% |
Emerging mkts. | 4.1% |
Country Exposure
BRITAIN | 23.7 % | |
CANADA | 15.0 % | |
JAPAN | 13.8 % | |
SWITZERLAND | 8.9 % | |
SPAIN | 8.0 % | |
ITALY | 6.7 % | |
DENMARK | 4.3 % | |
FINLAND | 3.7 % | |
GERMANY | 3.5 % | |
BRAZIL | 2.9 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
7.2% | 20.4% | 5.8% | 2.7% | 8.8% | -- | 7.7% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.72 | 58% |
MSCI EAFE | 0.93 | 88% |
MSCI Emg Mkts | 0.74 | 61% |
Liquidity Measures
Avg. volume (000) | 42 |
Turnover | 2.4% |
Avg. Bid/Ask (% of price) | 0.24% |
ADV of underlying (mns) | $5,431 |
Technical Indicators
Recent close | $39.52 |
30d moving avg. | $35.62 |
Annualized volatility | 16.8% |
Relative strength (RSI) | 61 |
Short interest (ETF) | 3.3% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. IPKW |
Expenses vs. IPKW |
ALTAR Score™ vs. IPKW |
---|---|---|---|---|
EUFN | iShares MSCI Europe Financials ETF | 19.7% | -4 bp | -1.1% |
FILL | iShares MSCI Global Energy Producers ETF | 17.7% | -16 bp | +0.2% |
IXC | iShares Global Energy ETF | 16.9% | -11 bp | -0.6% |
EWU | iShares MSCI United Kingdom ETF | 16.7% | -5 bp | -1.4% |
FLGB | Franklin FTSE United Kingdom ETF | 15.7% | -46 bp | -0.9% |
GNR | SPDR S&P Global Natural Resources ETF | 15.6% | -15 bp | +0.2% |
IVLU | iShares MSCI Intl Value Factor ETF | 14.2% | -25 bp | +1.4% |
GUNR | FlexShares Morningstar Global Upstream Natural Resources Ind | 14.1% | -9 bp | -0.2% |
EFV | iShares MSCI EAFE Value ETF | 13.4% | -21 bp | -0.1% |
FKU | First Trust United Kingdom AlphaDEX Fund | 13.3% | +25 bp | -1.7% |
Risk and Returns: IPKW vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 5/2/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IPKW
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
IPKW
9.1%
Cat. Avg
7.1%
Fund Category: International Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 9.1% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 257 funds in the International Equities category, with an average ALTAR Score™
of 7.1% and a standard deviation of
2.5%. IPKW's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places IPKW in the 79th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
IPKW
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
IPKW | 55.0 | 24.3 | 79.3 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .