InvescoForeign Small/Mid ValuePDN · NYSE Arca

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)

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Price: $47.20; —11 Sept 2026
Assets: $363.8M; Total net assets
Expense ratio: 0.47%; Category 0.90%
Yield: 3.11%; Trailing distributions

1Y return: 17.2%-4.9%; Category 22.1%
3Y CAGR: 18.9%-2.4%; Category 21.3%
5Y CAGR: 7.1%-3.2%; Category 10.3%

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Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.2%	+3.0%	+11.1%	+13.7%	+17.2%	+18.9%	+7.1%	+8.5%	+5.8%
Foreign Small/Mid Value average	1.0%	4.3%	12.7%	16.6%	22.1%	21.3%	10.3%	9.4%	11.0%
Difference	-1.1%	-1.3%	-1.6%	-2.9%	-4.9%	-2.4%	-3.2%	-0.9%	-5.2%

Holdings

The 10 largest positions make up 2.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
TSEM.TA	Tower Semiconductor Ltd	0.29%
TEAM	Atlassian Corp Class A	0.29%
0522.HK	ASMPT Ltd	0.26%
SSRM.TO	SSR Mining Inc	0.26%
AED.BR	Aedifica SA	0.23%
047040.KQ	Daewoo Engineering & Construction Co Ltd	0.22%
SZG.DE	Salzgitter AG	0.22%
EVN.AX	Evolution Mining Ltd	0.22%
001450.KQ	Hyundai Fire & Marine Insurance Co Ltd	0.22%
1888.HK	Kingboard Laminates Holdings Ltd	0.22%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 15.3
P/B: 1.4
P/S: 1.0
P/CF: 8.0

Sector allocation

Share of the equity the fund holds.

Industrials22.5%
Financial services13.9%
Consumer discretionary12.2%
Materials10.2%
Real estate8.6%
Technology8.6%
Health care6.3%
Consumer staples5.7%
Communication services4.8%
Energy4.8%
Utilities2.4%

Asset mix

Stocks99.7%
Other0.3%
Cash0.1%

ETF details

Issuer: Invesco
Category: Equity · Foreign Small/Mid Value
Ticker: PDN
Exchange: NYSE Arca
Inception: 27 Sept 2007 (19.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.47% (category 0.90%)
Holdings turnover: 33% (category 40%)
Distribution yield: 3.11%
Beta, 3 years: 1.00
Total net assets: $363.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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