PGJ
Invesco Golden Dragon China ETF
Invesco Golden Dragon China Portfolio seeks investment results that correspond to the price and yield of the NASDAQ Golden Dragon China Index. The index is composed of US exchange-listed companies that are headquartered in China.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$ 131.4 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Inception date | Dec 09, 2004 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ALIBABA GROUP HOLDING LTD. SPONSORED ADR | 10.1 % |
| BAIDU INC - SPON ADR | 8.4 % |
| JD.COM INC-ADR | 7.5 % |
| YUM CHINA HOLDINGS, INC. | 6.8 % |
| TENCENT MUSIC ENTERTAINMENT GROUP ADR CL | 5.5 % |
| NIO INC. SPONSORED ADR CLASS A | 4.4 % |
| NETEASE.COM INC-ADR | 4.0 % |
| VIPSHOP HOLDINGS LTD SPONSORED ADR | 3.9 % |
| FULL TRUCK ALLIANCE CO LTD ADR | 3.7 % |
| KANZHUN LTD. SPONSORED ADR | 3.6 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 444 |
| Wgt avg mkt cap (mns) | $50,578 |
| Large cap (>$10bn) | 54.4% |
| Mid cap ($2-10bn) | 24.4% |
| Small cap (<$2bn) | 8.7% |
| Developed mkts. | 0.9% |
| Emerging mkts. | 87.3% |
Sector Breakdown
Country Exposure
 |
CHINA | 87.3 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.3% | -6.1% | 5.4% | -1.0% | -17.9% | 0.0% | 2.9% | 3.1% |
| Dividend Yield | 0.0% | 3.0% | 4.5% | 3.7% | 1.9% | 1.7% | 1.4% | 1.4% |
| Total Returns | -3.3% | -3.1% | 9.9% | 2.6% | -16.0% | 1.6% | 4.3% | 4.5% | Ann. Volatility | 26.3% | 28.8% | 32.3% | 32.4% | 44.4% | 36.6% | 35.3% | 34.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.82 | 30% |
| MSCI EAFE | 0.97 | 31% |
| MSCI Emg Mkts | 1.26 | 63% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $28.20 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -0.58/-0.59 |
| Bollinger Bands (Upper/Lower) | $29.77/$26.09 |
| Short interest (% of AUM) | 0.4% |
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. PGJ |
Expenses vs. PGJ |
ALTAR Score™ vs. PGJ |
|---|---|---|---|---|
| EBIZ | Global X E-Commerce ETF | 16.2% | -20 bp | -8.6% |
| SOCL | Global X Social Media ETF | 15.7% | -5 bp | -2.8% |
| KWEB | KraneShares CSI China Internet ETF | 14.3% | -1 bp | +10.7% |
| CGRO | CoreValues Alpha Greater China Growth ETF | 14.3% | +5 bp | -9.0% |
| ONLN | ProShares Online Retail ETF | 12.0% | -12 bp | -13.5% |
Risk and Returns: PGJ 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.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 3/20/2026
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
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
15.4%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 193 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.0% and a standard deviation
of 2.3%. PGJ's ALTAR Score™ is approximately 3.2 standard
deviations above the category average. This places PGJ in the 99th percentile
among funds in the category.
Sell-Side Consensus
$38.48
PRICE TARGET
+44.8%
UPSIDE