PXF

Invesco RAFI Developed Markets ex-U.S. ETF

$63.56

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) seeks to track the performance of the RAFI Developed Markets ex-U.S. Index, which is designed to provide exposure to large- and mid-cap companies in developed markets outside the United States.

Overview

ETF tracking Invesco RAFI Developed Markets ex-U.S. ETF

Category International

Issuer Invesco

Inception Date 2007-06-25

Market Cap $2.2B

Average Volume N/A

Dividend Yield 3.05%

52-Week Range $46.22 - $64.15

VWAP $63.48

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a fundamentally-weighted indexing methodology, selecting and weighting constituent companies based on their fundamental measures of company size (sales, cash flow, dividends, and book value) rather than market capitalization. This approach aims to provide a more balanced exposure to developed international equity markets compared to traditional market-cap weighted indexes.

✨ Key Features

Provides broad exposure to large- and mid-cap stocks in developed international markets outside the U.S.
Uses a fundamentally-weighted indexing methodology to determine constituent weightings
Diversified across multiple developed market countries and sectors
Low expense ratio of 0.00%

⚠️ Primary Risks

Exposure to international equity markets, which can be more volatile than domestic markets
Potential for currency fluctuations to impact returns
Concentration in certain countries or sectors based on the underlying index
Tracking error risk relative to the underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to developed international equity markets as part of a diversified portfolio. It may be particularly appealing to investors who prefer a fundamentally-weighted approach over traditional market-cap weighting.