PID

Invesco International Dividend Achievers ETF

$21.50
+0.00%
Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Invesco International Dividend Achievers ETF (PID) seeks to track the investment results of an index that is designed to provide exposure to international companies that have consistently increased their annual dividend for a minimum of five consecutive years.

Overview

ETF tracking Invesco International Dividend Achievers ETF

Issuer Invesco
Inception Date 2016-12-07
Market Cap $876.6M
Average Volume N/A
Dividend Yield 3.23%
52-Week Range $17.45 - $21.87
VWAP $21.61

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Invesco International Dividend Achievers ETF (PID) seeks to track the investment results of an index that is designed to provide exposure to international companies that have consistently increased their annual dividend for a minimum of five consecutive years.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the Nasdaq International Dividend Achievers Index. The index is composed of international companies that have increased their annual regular cash dividend payments for a minimum of five consecutive years. The fund invests in these dividend-paying stocks in an effort to provide income and long-term capital appreciation.

✨ Key Features

  • Focuses on international companies with a history of consistent dividend growth
  • Provides exposure to dividend-paying stocks outside the U.S. market
  • Employs a passive index-tracking strategy
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to international markets, which may involve greater risks than U.S. investments due to currency fluctuations, political and economic instability, and differences in accounting standards
  • Concentration in dividend-paying stocks, which may underperform the broader market during certain periods
  • Potential for lower returns compared to more aggressive growth-oriented strategies
  • Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The Invesco International Dividend Achievers ETF may be suitable for investors seeking exposure to international dividend-paying stocks as part of a diversified portfolio. It may be particularly appealing to investors focused on generating income and long-term capital appreciation, with a moderate risk tolerance.