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ETFs

Invesco Exchange-Traded Self-Indexed Fund Trust Invesco RAFI Strategic Emerging Markets ETF

ISEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 12 2018
Expense Ratio
0.35%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,413,941
AUM
$19,739,930
Associated Index
Invesco Strategic Emerging Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

857
PetroChina Co. Ltd. - Ordinary Shares - Class H
8.04%
386
China Petroleum & Chemical Corp - Ordinary Shares - Class H
6.81%
2318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class H
4.93%
2330
TAIWAN SEMICONDUCTOR MANUFAC
2.76%
9988
Alibaba Group Holding Ltd
2.28%
PDD
PDD Holdings Inc - ADR
2.21%
2601
China Pacific Insurance (Group) Co Ltd - Ordinary Shares - Class H
2.12%
2317
HON HAI PRECISION INDUSTRY
1.82%
VALE3
VALE SA
1.71%
700
Tencent Holdings Ltd.
1.56%
Invest with ISEM

What is ISEM?

The Invesco RAFI Strategic Emerging Markets ETF (Fund) is based on the Invesco Strategic Emerging Markets Index (Index). The Fund will normally invest at least 80% of its total assets in securities, American depositary receipts (ADRs) and global depositary receipts (GDRs) that comprise the Index. The Index is designed to measure the performance of high quality, large-sized emerging market companies. The eligible equity securities are assigned a business-size score based on the equally-weighted average of sales, operating cash flow, total return of capital and book value over the prior five years or life of the security. For real estate securities, operating cash flow is replaced by funds from operations and book value is replaced by total assets. The securities are then assigned a quality score based on the equally-weighted average of efficiency (ratio of sales-to-assets in the prior year) and growth (percentage change in ratio of sales-to-assets over the prior five years or life of the security). Finally, each eligible security is ranked in descending order by its Business-Size score. For inclusion in the index, securities ranked in the top 90% by Business-Size score are eligible and, of those 80% with the highest Quality score. Securities in the Index are weighted based on their float-adjusted Business-Size scores. The Fund and the Index are reconstituted annually.

ETFs related toISEM

ETFs correlated to ISEM include PXH, SCHE, VWO

ISEM
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco RAFI Strategic Emerging Markets ETF
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toISEM

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ISEM using Composer

FAQ

ISEM is a Global Ex. US Equities ETF. The Invesco RAFI Strategic Emerging Markets ETF (Fund) is based on the Invesco Strategic Emerging Markets Index (Index). The Fund will normally invest at least 80% of its total assets in securities, American depositary receipts (ADRs) and global depositary receipts (GDRs) that comprise the Index. The Index is designed to measure the performance of high quality, large-sized emerging market companies. The eligible equity securities are assigned a business-size score based on the equally-weighted average of sales, operating cash flow, total return of capital and book value over the prior five years or life of the security. For real estate securities, operating cash flow is replaced by funds from operations and book value is replaced by total assets. The securities are then assigned a quality score based on the equally-weighted average of efficiency (ratio of sales-to-assets in the prior year) and growth (percentage change in ratio of sales-to-assets over the prior five years or life of the security). Finally, each eligible security is ranked in descending order by its Business-Size score. For inclusion in the index, securities ranked in the top 90% by Business-Size score are eligible and, of those 80% with the highest Quality score. Securities in the Index are weighted based on their float-adjusted Business-Size scores. The Fund and the Index are reconstituted annually.

ISEM tracks the Invesco Strategic Emerging Markets Index.

No, ISEM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ISEM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ISEM is -0.0341%. This is the percent change in the value of ISEM over the most recent 1-month period. The 3-month return on ISEM is 0.0226%. This is the percent change in the value of ISEM over the most recent 3-month period.

The standard deviation of ISEM for the past year is 0.2308%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ISEM include EFA, VGK, and EZU.

ETFs correlated to ISEM include PXH, SCHE, and VWO.

ETFs that are inversely correlated to ISEM include EDZ, EUM, and YANG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.