PXH

Invesco RAFI Emerging Markets ETF

$26.18

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Invesco RAFI Emerging Markets ETF (PXH) seeks to track the investment results of an index that is designed to provide exposure to emerging market equities based on their fundamental value.

Overview

ETF tracking Invesco RAFI Emerging Markets ETF

Category Emerging Markets

Issuer Invesco

Inception Date 2008-11-03

Market Cap $1.7B

Average Volume N/A

Dividend Yield 3.30%

52-Week Range $18.80 - $26.45

VWAP $26.21

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco RAFI Emerging Markets ETF (PXH) seeks to track the investment results of an index that is designed to provide exposure to emerging market equities based on their fundamental value.

🎯 Investment Strategy

The ETF employs a sampling strategy to track the RAFI Fundamental Emerging Markets Index, which selects and weights constituent companies based on four fundamental factors: book value, cash flow, sales, and dividends. The fund invests in a representative sample of securities included in the underlying index to seek to achieve its investment objective.

✨ Key Features

Provides exposure to a broad range of emerging market equities based on fundamental factors rather than market capitalization
Uses a sampling strategy to track the underlying index, which may result in some tracking error
Has a low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Emerging market risk: Investing in emerging markets may involve greater risks related to political, economic, and market volatility
Concentration risk: The fund's performance may be more sensitive to any single constituent or group of constituents that make up the underlying index
Sampling risk: The fund's performance may not match the performance of the underlying index due to the use of a sampling strategy
Currency risk: The fund's returns could be reduced by currency exchange rate fluctuations

👤 Best For

This ETF may be suitable for investors seeking broad exposure to emerging market equities as part of a diversified portfolio. It may be particularly appealing to investors who prefer a fundamentally-weighted approach to emerging market investing. However, due to the fund's limited performance history, it may not be appropriate for investors with a low risk tolerance or a short investment horizon.