Invesco International Dividend Achievers ETF (PID)

Overview

The Invesco International Dividend Achievers ETF (PID) seeks to track the NASDAQ International Dividend Achievers Index, which is composed of stocks of companies that have increased their annual dividends for five or more consecutive years. The ETF aims to provide investment results that correspond generally to the price and yield of the underlying index, focusing on international developed markets. It offers exposure to companies demonstrating dividend growth and financial stability, making it suitable for investors seeking income and long-term capital appreciation.

Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and a long track record of providing diverse investment solutions, including ETFs.

Management Expertise

Invesco has a team of experienced portfolio managers and analysts dedicated to managing its ETF products, ensuring expertise in investment strategy and execution.

Goal

The primary investment goal is to achieve investment results that correspond generally to the price and yield of the NASDAQ International Dividend Achievers Index.

Investment Approach and Strategy

Strategy: The ETF tracks the NASDAQ International Dividend Achievers Index.

Composition The ETF holds stocks of international companies (excluding the US and Canada) that have increased their annual dividends for five or more consecutive years.

Market Share: PID holds a moderate market share among international dividend ETFs.

Total Net Assets (AUM): 489900000

Key Competitors

• Schwab Strategic Trust - Schwab International Dividend Equity ETF (SCHY)
• Vanguard International High Dividend Yield ETF (VYMI)
• SPDR S&P International Dividend ETF (DWX)

Competitive Landscape

The international dividend ETF market is competitive, with several ETFs offering similar strategies. PID's focus on companies with a consistent dividend growth history differentiates it, while its competitors may offer broader diversification or higher yields. PID's advantage lies in its dividend growth screen, but it might have a lower yield than other competitors.

Historical Performance: Historical performance varies depending on the time period. Past performance does not guarantee future results.

Benchmark Comparison: The ETF's performance is generally compared to the NASDAQ International Dividend Achievers Index. Tracking error may occur due to expenses and fund management.

Expense Ratio: 0.53

Average Trading Volume

The average trading volume indicates moderate liquidity, allowing investors to buy and sell shares without significant price impact.

Bid-Ask Spread

The bid-ask spread is typically tight, which reflects good liquidity and lower transaction costs.

Market Environment Factors

Economic conditions in international developed markets, interest rate policies, and currency fluctuations can significantly impact the ETF's performance.

Growth Trajectory

The growth trajectory depends on the performance of its holdings and investor demand. There can be changes to the underlying index which would affect the ETF's holdings.

Competitive Edge

PID's competitive advantage is its focus on international companies with a proven track record of increasing dividends for at least five consecutive years. This dividend growth screen provides a quality filter, selecting companies with financial stability and a commitment to rewarding shareholders. The ETF appeals to income-seeking investors who prioritize dividend growth and long-term capital appreciation. Invesco's brand recognition also contributes to its appeal.

Volatility

The ETF's volatility is dependent on the volatility of the international stock market. It is subject to currency risk and geopolitical risks associated with investing in international markets.

Market Risk

Market risk includes the possibility of losses due to economic downturns or declines in international equity markets, impacting the underlying assets of the ETF.

Ideal Investor Profile

The ideal investor is a long-term investor seeking income and capital appreciation from international equities, with a focus on dividend growth.

Market Risk

This ETF is suitable for long-term investors looking for diversification in international markets with a dividend growth focus.

The Invesco International Dividend Achievers ETF (PID) offers exposure to international companies with a history of increasing dividends, providing a combination of income and potential capital appreciation. It tracks the NASDAQ International Dividend Achievers Index and is suitable for long-term investors seeking diversification and dividend growth. While the ETF faces competition from other international dividend ETFs, its focus on dividend growth provides a unique selling point. Investors should consider its expense ratio and the risks associated with international investing.

Data Sources:

• Invesco
• Nasdaq
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.