IPKW

Invesco International BuyBack Achievers ETF

$53.74

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco International BuyBack Achievers ETF (IPKW) seeks to track the investment results of an index that is designed to provide exposure to international companies that have historically engaged in repurchasing their own shares.

Overview

ETF tracking Invesco International BuyBack Achievers ETF

Category International

Issuer Invesco

Inception Date 2014-02-27

Market Cap $365.5M

Average Volume N/A

Dividend Yield 3.26%

52-Week Range $38.78 - $54.42

VWAP $53.73

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF tracks the Nasdaq International BuyBack Achievers Index, which is composed of international companies that have effected a net reduction in shares outstanding of 5% or more over the trailing 12 months. The fund uses a sampling approach to replicate the index, investing in a subset of the index constituents that collectively have an investment profile similar to the index.

✨ Key Features

Provides exposure to international companies that have actively repurchased their own shares
Utilizes a buyback-focused index to identify potential investment opportunities
Employs a sampling approach to track the underlying index
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

International investing risks, including currency fluctuations, political and economic uncertainty, and differences in accounting standards
Concentration risk, as the fund is focused on a specific subset of international companies
Liquidity risk, as the fund may invest in securities that have limited trading volume
Tracking error risk, as the fund's performance may deviate from the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to international equities with a focus on companies that have demonstrated a commitment to shareholder returns through active share repurchases. It may be appropriate as a component of a diversified portfolio, particularly for investors with a medium to long-term investment horizon and a moderate risk tolerance.