(6PSK) Invesco FTSE RAFI Emerging - Ratings and Ratios

The Invesco FTSE RAFI Emerging Markets UCITS ETF (Ticker: 6PSK) is a Germany-domiciled exchange-traded fund designed to provide exposure to emerging market equities. It tracks the Morningstar EM TME NR USD index, which employs a fundamentals-driven approach to select and weight constituents. The fund utilizes the Research Affiliates Fundamental Index (RAFI) methodology, which evaluates companies based on operational metrics such as revenue, dividends, and book value, rather than market capitalization. This strategy aims to reduce concentration risk and capture long-term value in emerging markets.

From a technical perspective, the ETF is trading near its short-term moving averages, with the SMA 20 at 9.03 and the SMA 50 at 8.79, indicating a neutral to slightly bearish trend. The 200-day SMA of 8.33 suggests that the fund is currently above its long-term trend line. The Average True Range (ATR) of 0.11 reflects moderate volatility, while the average daily trading volume of 5,663 shares highlights limited liquidity compared to larger ETFs.

As of the latest data, the fund manages assets worth 34.10 million EUR, indicating a modest size relative to broader emerging market ETFs. This smaller AUM may result in higher tracking error but could also allow for more agile portfolio adjustments in response to market conditions.