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.
| Segment | Equity: Developed Markets Ex-U.S. - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Fundamental |
| Weighting Scheme | Fundamental |
This section compares how balanced and deep this ETF is relative to its peers.
| PXF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1030 | 743 | 992 |
| % of Assets in Top 10 | 12.36% | 24.70% | 17.13% |
| % of Assets in Top 15 | 16.06% | 30.62% | 22.68% |
| % of Assets in Top 50 | 34.39% | 55.59% | 47.31% |
| PXF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 80.99% | 69.35% | 70.66% |
| Mid (>2.7B) | 17.88% | 22.15% | 23.90% |
| Small (>600M) | 1.21% | 2.38% | 4.55% |
| Micro (<600M) | 0.01% | 0.12% | 0.32% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| PXF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.64 | $ 0.59 | $ 0.54 |
| Dividend Date | 2024-06-24 | N/A | N/A |
| Annual Dividend Rate | $ 1.69 | $ 1.29 | $ 1.16 |
| Annual Dividend Yield | 3.44% | 3.30% | 3.02% |
View charts featuring PXF price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -4.89 M 1 Month Net Flows: -22.43 M 3 Month Net Flows: -37.22 M 6 Month Net Flows: -59.61 M 1 Year Net Flows: -51.18 M 3 Year Net Flows: 398.72 M 5 Year Net Flows: 91.81 M 10 Year Net Flows: 657.56 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -923.6 KThe 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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| PXF |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -0.90% | -0.19% | -0.32% |
| 3 Month Return | 2.30% | 2.61% | 1.83% |
| YTD Return | 7.14% | 6.63% | 5.55% |
| 1 Year Return | 14.15% | 12.34% | 10.37% |
| 3 Year Return | 4.99% | 1.83% | 1.97% |
| 5 Year Return | 7.74% | 5.01% | 3.58% |
The following charts reflect the geographic spread of PXF's underlying holdings.
| Region | Percentage |
|---|---|
| Europe | 56.93% |
| Asia Pacific | 33.35% |
| North, Central and South America | 9.78% |
| Other | -0.17% |
| Country | Percentage |
|---|---|
| Japan | 22.14% |
| United Kingdom | 14.97% |
| Canada | 9.72% |
| Germany | 8.99% |
| France | 8.96% |
| Switzerland | 6.2% |
| Australia | 4.88% |
| South Korea | 4.3% |
| Italy | 3.37% |
| Spain | 3.09% |
| Netherlands | 3.01% |
| Sweden | 2.47% |
| Finland | 1.31% |
| Hong Kong | 1.16% |
| Denmark | 1.13% |
| Norway | 0.81% |
| Belgium | 0.7% |
| Singapore | 0.68% |
| Ireland | 0.59% |
| Luxembourg | 0.35% |
| Austria | 0.3% |
| Israel | 0.29% |
| Portugal | 0.26% |
| Poland | 0.21% |
| United States | 0.08% |
| Bermuda | 0.04% |
| New Zealand | 0.02% |
| Thailand | 0.02% |
| Macao | 0.01% |
| Other | -0.17% |
The following charts reflect the allocation of PXF's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 28.31% |
| Energy Minerals | 8.78% |
| Consumer Durables | 6.95% |
| Producer Manufacturing | 6.93% |
| Health Technology | 6.46% |
| Electronic Technology | 6.23% |
| Consumer Non-Durables | 6.01% |
| Non-Energy Minerals | 5.56% |
| Utilities | 4.62% |
| Process Industries | 3.53% |
| Communications | 3.36% |
| Retail Trade | 2.54% |
| Transportation | 2.53% |
| Industrial Services | 2.14% |
| Technology Services | 2.06% |
| Distribution Services | 1.99% |
| Commercial Services | 1.16% |
| Consumer Services | 0.74% |
| Health Services | 0.14% |
| CASH | 0.06% |
| Miscellaneous | 0.02% |
| Other | -0.23% |
| Market Cap | Percentage |
|---|---|
| Large | 80.99% |
| Mid | 17.88% |
| Small | 1.21% |
| Micro | 0.01% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 98.1% |
| Preferred Equity | 1.69% |
| Depositary Receipts/Certificates | 0.2% |
| Unit | 0.07% |
| CASH | 0.06% |
| Other | -0.23% |
| Sector | Percentage |
|---|---|
| Finance | 28.31% |
| Energy Minerals | 8.78% |
| Consumer Durables | 6.95% |
| Producer Manufacturing | 6.93% |
| Health Technology | 6.46% |
| Electronic Technology | 6.23% |
| Consumer Non-Durables | 6.01% |
| Non-Energy Minerals | 5.56% |
| Utilities | 4.62% |
| Process Industries | 3.53% |
| Communications | 3.36% |
| Retail Trade | 2.54% |
| Transportation | 2.53% |
| Industrial Services | 2.14% |
| Technology Services | 2.06% |
| Distribution Services | 1.99% |
| Commercial Services | 1.16% |
| Consumer Services | 0.74% |
| Health Services | 0.14% |
| CASH | 0.06% |
| Miscellaneous | 0.02% |
| Other | -0.23% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 48.11% |
| 20 Day Volatility | 12.85% |
| 50 Day Volatility | 12.51% |
| 200 Day Volatility | 11.72% |
| Beta | 0.9 |
| Standard Deviation | 2.69% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
Here is a look at ETFs that currently offer attractive income opportunities. The high-yield...
Here is a look at ETFs that currently offer attractive income opportunities. The high-yield...
Here is a look at ETFs that currently offer attractive short selling opportunities.
The ETFs...
ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.
Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.
ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
Copyright © 2024 FactSet Research Systems Inc. All rights reserved.
A long-running debate in asset allocation circles is how much of a portfolio an investor should...
In a digital age where information moves in milliseconds and millions of participants can transact...