Is Invesco RAFI Developed Markets ex-U.S. ETF (PXF) a Strong ETF Right Now?

Core Insights - The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is a smart beta ETF that provides broad exposure to the Foreign Large Value ETF category, launched on June 25, 2007 [1] Fund Overview - PXF is managed by Invesco and has accumulated over $2.16 billion in assets, making it one of the larger ETFs in its category [5] - The ETF aims to match the performance of the FTSE RAFI Developed ex-U.S. Index, which tracks large developed market equities based on fundamental measures such as book value, cash flow, sales, and dividends [5] Cost Structure - PXF has an annual operating expense ratio of 0.43%, which is competitive within its peer group [6] - The ETF offers a 12-month trailing dividend yield of 3.01% [6] Holdings and Sector Exposure - PXF's top holdings include Shell Plc (2.11% of total assets), Samsung Electronics Co Ltd, and Totalenergies Se [7] - The top 10 holdings account for approximately 11.29% of the total assets under management [8] Performance Metrics - The ETF has returned approximately 30.26% and is up about 24.57% year-to-date as of August 25, 2025 [9] - PXF has traded between $46.22 and $61.20 over the past 52 weeks [9] Risk Assessment - PXF has a beta of 0.82 and a standard deviation of 15.70% over the trailing three-year period, indicating a medium risk profile [10] - The fund holds about 1,147 securities, providing effective diversification against company-specific risks [10] Alternatives - Other ETFs in the Foreign Large Value segment include Vanguard International High Dividend Yield ETF (VYMI) and Schwab Fundamental International Equity ETF (FNDF), with assets of $12.01 billion and $17.59 billion respectively [12] - VYMI has a lower expense ratio of 0.17%, while FNDF charges 0.25% [12]