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ETFs

Invesco FTSE RAFI Emerging Markets ETF

PXH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 27 2007
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$7,540,392
AUM
$1,231,001,959
Associated Index
FTSE RAFI Emerging Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
4.81%
9988
Alibaba Group Holding Ltd
2.90%
VALE3
VALE SA
2.38%
700
Tencent Holdings Ltd.
2.32%
1398
Industrial & Commercial Bank of China Ltd. - Ordinary Shares - Class H
2.32%
939
China Construction Bank Corp. - Ordinary Shares - Class H
2.20%
2318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class H
2.19%
PETR4
Petroleo Brasileiro SA
1.86%
500325
Reliance Industries Ltd.
1.44%
PETR3
Petroleo Brasileiro SA
1.39%
Invest with PXH

What is PXH?

The Invesco FTSE RAFI Emerging Markets ETF (Fund) is based on the FTSE RAFI Emerging Markets Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest emerging market equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

ETFs related toPXH

ETFs correlated to PXH include FNDE, SPEM, VWO

PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets 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 toPXH

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#SWENS

The Swensen

Category

Classic

Risk Rating

Moderate

Create your own algorithmic trading strategy with PXH using Composer

FAQ

PXH is a Global Ex. US Equities ETF. The Invesco FTSE RAFI Emerging Markets ETF (Fund) is based on the FTSE RAFI Emerging Markets Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest emerging market equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

PXH tracks the FTSE RAFI Emerging Markets Index.

No, PXH 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, PXH 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 PXH is -0.0315%. This is the percent change in the value of PXH over the most recent 1-month period. The 3-month return on PXH is 0.0305%. This is the percent change in the value of PXH over the most recent 3-month period.

The standard deviation of PXH for the past year is 0.1952%. 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 PXH include TAN, EFG, and PBW.

ETFs correlated to PXH include FNDE, SPEM, and VWO.

ETFs that are inversely correlated to PXH 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.