Invesco RAFI Developed Markets ex-U.S. ETF
Developed international stock index ETF · tracks RAFI Fundamental Select Developed ex US 1000 Index
As of its 2026 Q2 report, Invesco RAFI Developed Markets ex-U.S. ETF held 1,026 positions with $2.79B in net assets. Its ten largest holdings made up 20.9% of the fund. The PXF share class costs 0.43% a year. Over the 12 months to May 2026, PXF returned 43.8%, with dividends reinvested. In 2026 Q3 it added 6 new positions and exited 9.
The Invesco RAFI Developed Markets ex-U.S. ETF (the Fund) seeks to track the investment results (before fees and expenses) of the RAFI TM Fundamental Select Developed ex US 1000 Index (the Underlying Index).
The fund tracks the RAFI Fundamental Select Developed ex US 1000 Index through full replication, holding all constituent securities weighted by four fundamental measures: book value plus intangibles, adjusted cash flow, adjusted sales, and dividend plus buybacks. The index covers approximately 1,000 companies across 35 developed markets excluding the United States. Because the fund holds all index constituents in their index weightings, its returns will track the index before fees and expenses.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Invesco Private Prime Fund | 5.25% | $146.49M | — | — |
SSNLFSamsung Electronics Co., Ltd. | 4.64% | $129.45M | 859.6K | $150.59 |
RYDAFShell PLC | 2.13% | $59.60M | 1.3M | $45.40 |
Invesco Private Government Fund | 2.00% | $55.92M | — | — |
TTETotalEnergies SE | 1.61% | $45.03M | 484.6K | $92.93 |
HBCYFHSBC Holdings PLC | 1.21% | $33.83M | 1.8M | $18.37 |
BPAQFBP PLC | 1.05% | $29.24M | 3.7M | $7.90 |
GLCNFGlencore PLC | 1.04% | $29.08M | 3.7M | $7.76 |
RHHVFRoche Holding AG | 1.00% | $28.04M | 68.9K | $407.14 |
BHP Group Ltd. | 1.00% | $27.79M | 703.1K | $39.52 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,026 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.66% |
| Cash & short-term | 7.25% |
These positions come to 106.91% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
By sector
- International
- 79.9%
- Cash
- 7.8%
- Financials
- 6.8%
- Energy
- 1.8%
- 8 other sectors
- 3.8%
- International
- 79.9%
- Cash
- 7.8%
- Financials
- 6.8%
- Energy
- 1.8%
- Health Care
- 1.6%
- Consumer Discretionary
- 1.1%
- Information Technology
- 0.6%
- Industrials
- 0.3%
- Real Estate
- 0.2%
- Materials
- 0.1%
- Consumer Staples
- 0.0%
- Other
- 0.0%
How it has done
PXF share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.06%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Invesco RAFI Developed Markets ex-U.S. ETF is a developed international equity index ETF that tracks the RAFI Fundamental Select Developed ex US 1000 Index.
- Asset class
- Equity
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.43%· PXF 0.43%
- Portfolio turnover
- 20.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
6 new
9 exited· the largest 8
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