PXF
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
The Invesco FTSE RAFI Developed Markets ex-U.S. Portfolio is based on the FTSE RAFI Developed Markets ex-U.S. Index™. The Index weights stock of the largest developed markets (ex-U.S.), based on the following four fundamental measures of firm size: book value, income, sales and dividends.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
1.7 B
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
Fund sponsor | Invesco |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | Jun 25, 2007 |
Assets (mns) | $1,692 |
Expense ratio | 45 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Fundamental |
Weighting | Fundamental |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
SHELL PLC | 2.3 % |
BROOKFIELD CORP | 1.4 % |
TOTAL SA | 1.2 % |
SAMSUNG ELECTRONICS CO LTD | 1.1 % |
HSBC HOLDINGS PLC | 1.0 % |
TOYOTA MOTOR CORP | 1.0 % |
ROYAL BANK OF CANADA | 1.0 % |
BP PLC | 1.0 % |
MITSUBISHI UFJ FINANCIAL GRO | 0.9 % |
ROCHE HOLDING LTD | 0.9 % |
Constituent Breakdown
Number of holdings | 1003 |
Herfindahl-Hirschman Index | 39 |
Wgt avg mkt cap (mns) | $67,086 |
Large cap (>$10bn) | 83.0% |
Mid cap ($2-10bn) | 16.3% |
Small cap (<$2bn) | 0.5% |
Developed mkts. | 96.1% |
Emerging mkts. | 3.8% |
Country Exposure
JAPAN | 22.4 % | |
BRITAIN | 15.3 % | |
CANADA | 10.2 % | |
GERMANY | 9.2 % | |
FRANCE | 8.3 % | |
SWITZERLAND | 6.2 % | |
AUSTRALIA | 4.9 % | |
SOUTH KOREA | 3.4 % | |
ITALY | 3.4 % | |
SPAIN | 3.2 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 7.4% | 12.8% | 12.4% | 7.2% | 7.4% | 5.3% | 2.9% | Volatility | 12.9% | 12.9% | 14.3% | 16.8% | 21.0% | 18.2% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.80 | 65% |
MSCI EAFE | 0.97 | 92% |
MSCI Emg Mkts | 0.79 | 62% |
Liquidity Measures
Avg. volume (000) | 75 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.29% |
ADV of underlying (mns) | $52,258 |
Technical Indicators
Recent close | $49.65 |
30d moving avg. | $51.01 |
Annualized volatility | 17.5% |
Relative strength (RSI) | 45 |
Short interest (ETF) | 0.1% |
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. PXF |
Expenses vs. PXF |
ALTAR Score™ vs. PXF |
---|---|---|---|---|
FNDF | Schwab Fundamental International Large Co. Index ETF | 78.1% | -20 bp | +0.9% |
VEA | Vanguard FTSE Developed Markets ETF | 67.2% | -40 bp | -1.7% |
SCHF | Schwab International Equity ETF | 66.9% | -39 bp | -1.5% |
SPDW | SPDR Portfolio Developed World ex-US ETF | 66.4% | -42 bp | -1.8% |
IDEV | iShares Core MSCI International Developed Markets ETF | 65.8% | -41 bp | -1.9% |
EFA | iShares MSCI EAFE ETF | 64.7% | -10 bp | -2.1% |
HFXI | IQ FTSE International Equity Currency Neutral ETF | 64.3% | -25 bp | -1.8% |
BKIE | BNY Mellon International Equity ETF | 63.8% | -41 bp | -1.9% |
IEFA | iShares Core MSCI EAFE ETF | 63.1% | -38 bp | -1.9% |
GSID | Goldman Sachs MarketBeta International Equity ETF | 61.2% | -25 bp | -2.0% |
Risk and Returns: PXF 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
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
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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 12/2/2024
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
PXF
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
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.
ALTAR Score™
PXF
8.8%
Cat. Avg
7.2%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.5%. PXF's ALTAR Score™ is approximately
0.6 standard deviations
above
the category average. This places PXF in the 74th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
PXFSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based International Equity ETFs |
# of ETFs | 152 |
Avg. Expense Ratio | 42.9 bp |
Std. Deviation | 24.3 bp |
PXF (45 bp) Percentile rank | 54 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
PXF | 45.0 | 29.3 | 74.3 |
Peer Avg. | 35.6 | 19.0 | 54.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .