(PXF) Invesco FTSE RAFI Developed - Ratings and Ratios

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is designed to track the performance of the FTSE RAFI Developed Markets ex-U.S. Index. This fund invests at least 90% of its assets in securities from the underlying index, which includes companies in developed markets outside the United States. It also holds American and global depositary receipts (ADRs and GDRs) that represent these securities. The index is constructed using a rules-based, fundamentals-driven approach that weights companies based on factors like revenue, dividends, and book value, rather than market capitalization.

With assets under management of $1.84 billion, PXF offers exposure to large-cap value stocks in developed markets such as the UK, Japan, and Canada. The fund is listed on the NYSE ARCA and is categorized as a foreign large-value ETF. It provides diversification for investors looking to allocate capital outside the U.S. market, with a focus on companies that meet specific fundamental criteria. The fund’s structure allows for efficient tracking of its target index, making it a tool for investors seeking systematic, non-U.S. equity exposure.