Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF US) - Portfolio Construction Methodology
ETF Strategy·2026-01-19 16:11
Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF US) – Portfolio Construction MethodologyThe underlying RAFI Fundamental Select Developed ex-US 1000 Index delivers a fundamentally weighted portfolio of developed-market equities excluding the U.S., selecting the top 1,000 companies by composite “fundamental size.” Fundamental size combines adjusted sales, adjusted cash flow, dividends plus net buybacks, and book value plus intangibles; each metric is scaled, averaged, and free-float adjusted to form rank ...