Invesco RAFI Developed Markets ex-U.S. ETF
Invesco Exchange-Traded Fund Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q1
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.
| Share class | Expense ratio |
|---|---|
| PXF | 0.43% |
Portfolio turnover 20.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 81.9% |
| Cash | 6.8% |
| Financials | 6.1% |
| Health Care | 1.7% |
| 8 smaller | 3.6% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: TotalEnergies SE, Glencore PLC, Roche Holding AG, TOYOF, Rio Tinto PLC, BCDRF, Mitsubishi Corp., BASF SE
Largest exited: TotalEnergies SE, Toyota Motor Corp., Roche Holding AG, Glencore PLC, Banco Santander S.A., Bayer AG, Rio Tinto PLC, BNP Paribas
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Invesco Private Prime Fund | 5.25% | — | $146.49M | — |
| SSNLF | Samsung Electronics Co., Ltd.SSNLF | 4.64% | $150.59 | $129.45M | 859.6K |
| RYDAF | Shell PLCRYDAF | 2.13% | $45.40 | $59.60M | 1.3M |
| — | Invesco Private Government Fund | 2.00% | — | $55.92M | — |
| TTE | TotalEnergies SETTE | 1.61% | $92.93 | $45.03M | 484.6K |
| HBCYF | HSBC Holdings PLCHBCYF | 1.21% | $18.37 | $33.83M | 1.8M |
| BPAQF | BP PLCBPAQF | 1.05% | $7.90 | $29.24M | 3.7M |
| GLCNF | Glencore PLCGLCNF | 1.04% | $7.76 | $29.08M | 3.7M |
| RHHVF | Roche Holding AGRHHVF | 1.00% | $407.14 | $28.04M | 68.9K |
| — | BHP Group Ltd. | 1.00% | $39.52 | $27.79M | 703.1K |
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.
Top 10 positions are 20.94% of net assets, top 25 30.57%, across 1.0K issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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