ATLASInvesco RAFI Developed Markets ex-U.S. ETF (PXF): outlook, holdings and fees
Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.42% and the yield is 3.33%. The ten largest holdings are 14% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PXF
| Last price | $76.20 (-0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $75.04 – $78.19 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 3.33% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PXF fund facts
| Issuer | Invesco |
|---|---|
| Theme | International developed |
| Assets under management | $2.9B |
| Expense ratio | 0.42% |
| Number of holdings | 50 |
| Portfolio turnover | 0% |
| Inception | Jun 25, 2007 |
| Exchange | NYSE |
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index provider compiles, maintains and calculates the new underlying index, which is comprised of approximately 1,000 common stocks and is designed to track the performance of the largest developed market companies, excluding U.S. companies, based on the following four fundamental measures of company size: book value plus intangibles, adjusted cash flow, adjusted sales, dividend plus buybacks.
PXF top holdings
| Holding | Sector | Weight |
|---|---|---|
| Samsung Electronics Co Ltd SSNLF | Technology | 3.63% |
| Shell plc SHEL | Energy | 2.45% |
| TotalEnergies SE ADR TTE | Energy | 1.54% |
| HSBC Holdings PLC HSBA | Financial Services | 1.21% |
| Roche Holding AG ROP | Healthcare | 1.04% |
| BHP Group Ltd BHP | Basic Materials | 0.99% |
| Toyota Motor Corp 7203 | Consumer Cyclical | 1.01% |
| BP PLC BP | Energy | 0.99% |
| Glencore PLC GLEN | Basic Materials | 0.81% |
| Novartis AG NOVN | Healthcare | 0.72% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PXF sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 20.1% |
| Industrials | 14.2% |
| Technology | 11.2% |
| Energy | 10.6% |
| Consumer Cyclicals | 10.1% |
| Basic Materials | 9.9% |
| Healthcare | 7.9% |
| Consumer Defensive | 6.6% |
| Communication Services | 4.4% |
| Utilities | 3.4% |
| Real Estate | 1.7% |
By region: Europe Developed 36.7%, Japan 23.7%, United Kingdom 13.6%, Asia Developed 10.2%, North America 9.9%.
PXF returns and risk
| Year to date | +17.7% |
|---|---|
| 1 year | +28.2% |
| 3 years (annualised) | +26.1% |
| 5 years (annualised) | +13.5% |
| 10 years (annualised) | +11.7% |
| Volatility (3 years) | 13.4% |
| Sharpe ratio (3 years) | 1.36 |
Past returns do not guarantee future results.
PXF: frequently asked questions
What does PXF invest in?
Invesco RAFI Developed Markets ex-U.S. ETF invests in a portfolio of securities. Its largest holdings are Samsung Electronics Co Ltd (3.6%), Shell plc (2.5%), TotalEnergies SE ADR (1.5%), HSBC Holdings PLC (1.2%), Roche Holding AG (1.0%).
What is the PXF expense ratio?
0.42% a year: about $42.00 for every $10,000 invested.
What is the PXF dividend yield?
3.33%. ATLAS does not hold the exact distribution dates for ETFs.
Will PXF go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $75.04 to $78.19 from $76.20 today. It is a probability, not a prediction.
How has PXF performed?
Year to date +17.7%, one year +28.2%, three years +26.1% a year, five years +13.5% a year. Past returns do not guarantee future results.
Similar ETFs: International developed
- Vanguard FTSE Developed Markets ETF (VEA)
- iShares Core MSCI EAFE ETF (IEFA)
- Vanguard Total International Stock ETF (VXUS)
- iShares MSCI EAFE ETF (EFA)
- Vanguard FTSE All-World ex-US Index Fund ETF Shares (VEU)
- Schwab International Equity ETF (SCHF)
- iShares Core MSCI Total International Stock ETF (IXUS)
- State Street SPDR Portfolio Developed World ex-US ETF (SPDW)
Educational information, not investment advice. Disclaimer