Invesco RAFI Emerging Markets ETF
PXH
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Sep 28, 2007
- CIK
- 0001378872
- Website
- invesco.com
- Similar Companies
- Business
- Invesco RAFI Emerging Markets ETF (PXH) is a passively managed exchange-traded fund that seeks to track the performance, before fees and expenses, of the RAFI Fundamental Select Emerging Markets 350 Index. The fund generally invests at least 90% of its total assets in securities comprising the index or American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing such securities; the index selects the 350 largest emerging market equities based on four fundamental measures of firm size—book value, cash flow, sales, and dividends—with holdings weighted by their aggregate fundamental scores and reconstituted annually. It provides exposure to a diversified portfolio across sectors including financials (approximately 27%), information technology (17%), consumer discretionary (12%), materials (11%), and energy (10%), with primary geographic allocations to China (41%), Taiwan (20%), Brazil (11%), India (10%), and South Africa (4%). Launched on September 27, 2007, and listed on NYSE Arca, the ETF is issued by Invesco Ltd., with primary advisory services from Invesco Capital Management LLC and distribution by Invesco Distributors, Inc.; it is headquartered in Atlanta, Georgia, as part of Invesco's global operations spanning more than 20 countries. The fund targets investors seeking fundamental-weighted exposure to emerging market equities, emphasizing larger firms with strong fundamentals over traditional market capitalization weighting; as of late 2025, it maintains assets under management of approximately $1.6 billion, an expense ratio of 0.47%, and a dividend yield around 3.4%. In a major strategic update effective at the close of business on March 21, 2025, the fund transitioned its underlying index from the FTSE RAFI Emerging Index to the RAFI Fundamental Select Emerging Markets 350 Index, concurrently shortening its name from Invesco FTSE RAFI Emerging Markets ETF to Invesco RAFI Emerging Markets ETF and reducing its management fee to 47 basis points from the prior level. The index shift maintains the core RAFI fundamental weighting methodology while refining selection to the top 350 emerging market stocks, with quarterly rebalancing in March, June, September, and December; this change aims to enhance alignment with Research Affiliates' RAFI approach and improve cost efficiency for investors. No significant acquisitions, partnerships, or funding rounds specific to PXH have been reported in the last two years, though the fund has seen steady net inflows exceeding $149 million over the prior 12 months amid strong performance.