ATLASInvesco RAFI Emerging Markets ETF (PXH): outlook, holdings and fees
Invesco RAFI Emerging Markets ETF (PXH) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.50% and the yield is 3.81%. The ten largest holdings are 30% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PXH
| Last price | $28.32 (+0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $27.78 – $29.16 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 3.81% |
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.
PXH fund facts
| Issuer | Invesco |
|---|---|
| Theme | Emerging markets |
| Assets under management | $2.1B |
| Expense ratio | 0.50% |
| Number of holdings | 50 |
| Portfolio turnover | 0% |
| Inception | Sep 27, 2007 |
| Exchange | NYSE |
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. The underlying index is is comprised of securities of companies located in countries that are classified as emerging markets within the country classification definition of FTSE. which is comprised of approximately 350 common stocks and is designed to track the performance of the largest emerging markets companies, as defined by the index provider.
PXH top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 6.17% |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | Energy | 5.28% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 3.09% |
| China Construction Bank Corp 0939 | Financial Services | 2.60% |
| Hon Hai Precision Industry Co Ltd 2317 | Technology | 2.50% |
| Tencent Holdings Ltd 0700 | Communication Services | 2.26% |
| Industrial and Commercial Bank of China 1398 | Financial Services | 2.09% |
| Vale S.A. VALE3 | Basic Materials | 2.05% |
| MediaTek Inc 2454 | Technology | 1.88% |
| JD.com Inc Adr JD | Consumer Cyclical | 1.59% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PXH sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 26.8% |
| Technology | 21.1% |
| Energy | 12.8% |
| Basic Materials | 10.5% |
| Consumer Cyclicals | 10.1% |
| Communication Services | 6.2% |
| Industrials | 4.8% |
| Consumer Defensive | 2.7% |
| Utilities | 2.5% |
| Real Estate | 1.5% |
| Healthcare | 1.0% |
By region: Asia Emerging 49.6%, Asia Developed 26.3%, Latin America 15.6%, Africa/Middle East 6.3%, Europe Emerging 1.6%.
PXH returns and risk
| Year to date | +17.3% |
|---|---|
| 1 year | +21.1% |
| 3 years (annualised) | +23.3% |
| 5 years (annualised) | +10.5% |
| 10 years (annualised) | +8.9% |
| Volatility (3 years) | 12.0% |
| Sharpe ratio (3 years) | 1.32 |
Past returns do not guarantee future results.
PXH: frequently asked questions
What does PXH invest in?
Invesco RAFI Emerging Markets ETF invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (6.2%), Petróleo Brasileiro S.A. - Petrobras (5.3%), Alibaba Group Holding Ltd (3.1%), China Construction Bank Corp (2.6%), Hon Hai Precision Industry Co Ltd (2.5%).
What is the PXH expense ratio?
0.50% a year: about $50.00 for every $10,000 invested.
What is the PXH dividend yield?
3.81%. ATLAS does not hold the exact distribution dates for ETFs.
Will PXH go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $27.78 to $29.16 from $28.32 today. It is a probability, not a prediction.
How has PXH performed?
Year to date +17.3%, one year +21.1%, three years +23.3% a year, five years +10.5% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer