PXH
Invesco FTSE RAFI Emerging Markets ETF
Invesco FTSE RAFI Emerging Markets Portfolio seeks investment results that correspond to the FTSE RAFI Emerging Markets Index.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.9 B
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Inception date | Sep 27, 2007 |
| 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 +
| TAIWAN SEMICONDUCTOR MANUFAC | 6.0 % |
| ALIBABA GROUP HOLDING LTD. | 5.9 % |
| TENCENT HOLDINGS LTD | 3.4 % |
| PETROBRAS - PETROLEO BRAS-PR | 3.0 % |
| CHINA CONSTRUCTION BANK-H | 2.8 % |
| HON HAI PRECISION INDUSTRY | 2.7 % |
| VALE SA | 2.1 % |
| PING AN INSURANCE GROUP CO-H | 1.8 % |
| IND & COMM BK OF CHINA - H | 1.8 % |
| JD.COM INC-ADR | 1.5 % |
Constituent Breakdown
| Number of holdings | 383 |
| Herfindahl-Hirschman Index | 144 |
| Wgt avg mkt cap (mns) | $163,735 |
| Large cap (>$10bn) | 75.6% |
| Mid cap ($2-10bn) | 15.4% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 3.2% |
| Emerging mkts. | 91.4% |
Sector Breakdown
Country Exposure
 |
CHINA | 37.4 % |
 |
TAIWAN | 19.2 % |
 |
BRAZIL | 10.5 % |
 |
INDIA | 9.6 % |
 |
SOUTH AFRICA | 4.3 % |
 |
HONG KONG | 3.2 % |
 |
MEXICO | 2.4 % |
 |
THAILAND | 2.3 % |
 |
SAUDI ARABIA | 2.3 % |
 |
TURKEY | 1.2 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.3% | 23.8% | 17.6% | 13.6% | 3.6% | 5.6% | -- | 0.2% |
| Dividend Yield | 0.4% | 5.1% | 5.2% | 5.2% | 5.0% | 4.2% | -- | 3.1% |
| Total Returns | 4.6% | 28.9% | 22.8% | 18.7% | 8.7% | 9.8% | -- | 3.3% | Ann. Volatility | 19.9% | 18.6% | 18.5% | 17.4% | 17.7% | 20.2% | -- | 26.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.73 | 56% |
| MSCI EAFE | 0.86 | 68% |
| MSCI Emg Mkts | 0.87 | 91% |
Liquidity Measures
| Avg. volume (000) | 324 |
| ADV traded (mns) | $9 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.09% |
Technical Indicators
| 30d moving avg. (EMA) | $27.43 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.39/0.17 |
| Bollinger Bands (Upper/Lower) | $28.95/$25.36 |
| Short interest (% of AUM) | 1.3% |
Distributions
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. PXH |
Expenses vs. PXH |
ALTAR Score™ vs. PXH |
|---|---|---|---|---|
| FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 70.5% | -10 bp | -0.1% |
| JHEM | John Hancock Multifactor Emerging Markets ETF | 49.1% | 0 bp | -4.9% |
| SCHE | Schwab Emerging Markets Equity ETF | 46.5% | -38 bp | -3.2% |
| VWO | Vanguard FTSE Emerging Markets ETF | 45.6% | -42 bp | -3.6% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 45.2% | -34 bp | -4.4% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 45.0% | +17 bp | -5.2% |
| EEM | iShares MSCI Emerging Markets ETF | 44.5% | +20 bp | -4.6% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 43.9% | -38 bp | -4.6% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 43.3% | -13 bp | -4.9% |
| ECON | Columbia Emerging Markets Consumer ETF | 43.0% | 0 bp | -5.6% |
Risk and Returns: PXH 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 4/21/2026
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
13.4%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 204 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.6% and a standard deviation
of 2.2%. PXH's ALTAR Score™ is approximately 2.6 standard
deviations above the category average. This places PXH in the 99th percentile
among funds in the category.
Sell-Side Consensus
$34.6
PRICE TARGET
+20.8%
UPSIDE