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Upturn AI Summary
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF(PDN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PDN
10/08/2026: PDN (1-star) is currently NOT-A-BUY. Pass it for now.
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) offers targeted exposure to smaller international companies using a fundamental weighting strategy based on book value, cash flow, and sales. Its main strength lies in its ability to avoid the valuation pitfalls of traditional market-cap indices, making it a strong tool for value-oriented diversification. While it offers a unique methodology, investors should be aware of the higher volatility inherent in small-cap and international assets, as well as the higher expense ratio compared to basic market-cap funds. It is best suited for long-term investors who want to systematically tilt their international equity allocation away from price-driven weights.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fundamental weighting approach often prioritizes value metrics, which may dampen growth-oriented performance. |
| Momentum investor | Weak fit | Fundamental indexing is a systematic value-driven strategy that does not intentionally capture momentum signals. |
| Value investor | Strong fit | The RAFI methodology naturally tilts the portfolio toward companies with strong fundamentals trading at attractive valuations. |
| Dividend/Income investor | Strong fit while signal remains positive | The fund's reliance on dividend and cash flow metrics in its weighting process often results in a higher yield compared to market-cap-weighted peers. |
| Low-risk investor | Mixed fit | Small-cap international stocks inherently carry higher volatility than large-cap or domestic alternatives. |
Investor Profile
Ideal Investor Profile
The ideal investor is a long-term participant looking for international diversification with a value tilt and who prefers systematic fundamental factors over simple market-cap weighting.
Suitability
PDN is best suited for long-term investors aiming to build a diversified core-satellite portfolio.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Small-cap stocks are generally more sensitive to market downturns and economic cycles. |
| Market risk | Medium / high | Exposure to international markets introduces geopolitical and currency risks. |
| Concentration | Medium | The fund is diversified across many holdings, mitigating the risk of any single stock failure. |
| Tracking/expense | Low | The fund maintains a stable tracking error relative to its stated index. |
| Liquidity | Medium | Small-cap names can experience reduced liquidity during times of financial stress. |
| Business/sector quality | Medium | The fundamental weighting approach filters for firms with established cash flows, improving quality relative to non-fundamental small-cap funds. |
Risk Analysis
Volatility
PDN exhibits higher volatility compared to large-cap international indices due to its small- and mid-cap tilt.
Market Risk
Risks include currency exposure, regional economic downturns, and the higher beta inherent in smaller companies.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Developed Markets (ex-U.S.) | 98 | This provides diversified exposure to international developed economies outside of the U.S. |
| Cash/collateral | Cash and Equivalents | 2 | A small cash buffer is maintained for daily operational liquidity. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit -4.59% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/08/2026 |
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