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This ETF offers exposure to large-cap equities in developed markets excluding the U.S., making it a potential cornerstone of any long-term portfolio and a useful tool for implementing shorter-term tactical overlays as well. While this ETF has considerable overlap with more popular funds such as VEU or GWL, there are some key distinctions that shape a very unique risk/return profile. PXF is linked to a RAFI-weighted index that determines components and individual security weightings based on fundamental measures such as book value and cash flow. As such, PXF breaks the link between stock price and security allocation and may have appeal as an alternative to market capitalization weighting systems that have numerous potential drawbacks. PXF features the same biases that are common in many developed-market ETFs, including big weightings to financials and energy. This fund does offer nicely balanced exposure and it's holdings include just over 1000 components. Other alternatives to cap-weighted ETFs include the equal-weighted EWAC or the dividend-weighted LVL, both of which have potential advantages and drawbacks. PXF is considerably more expensive than VEU, but for investors who believe in the merits of the RAFI methodology it may be a better way to achieve international exposure.
The adjacent table gives investors an individual Realtime Rating for PXF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Foreign Large Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 21 other ETFs in the Foreign Large Cap Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of PXF relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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