Key stats
About Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF
Expense ratio
0.49%
Home page
Inception date
Sep 27, 2007
ISIN
US46138E7351
Targeting the extended market segment of the developed ex-US equity market, PDN selects the next 1,500 largest companies (ranked 1,001-2,500) in the FTSE RAFI Developed ex US 1000 Index. The fund then ranks and weights each holding by its economic footprint, as described by long-term fundamental measures (revenue, book value, cash flow, and dividends), rather than by market value of equity. From a size perspective, PDN complements sibling fund PXF, which is the large-cap version of this fund. The index is rebalanced and reconstituted on an annual basis.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stock breakdown by region