This ETF offers exposure to emerging markets, 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 EM ETFs such as VWO or EEM, there are some key distinctions that shape a very unique risk/return profile. PXH 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, PXH 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. PXH features the same biases that are common in many EM ETFs, including big weightings to energy and financials. This fund does offer nicely balanced exposure, with about 300 components (though a few account for a big portion of assets). Other alternatives to cap-weighted ETFs include the equal-weighted EWEM or the dividend-weighted DEM, both of which have potential advantages and drawbacks. PXH is considerably more expensive than VWO, but for investors who believe in the merits of the RAFI methodology it may be a better way to achieve emerging markets exposure.
| Segment | Equity: Emerging Markets - 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.
| PXH | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 401 | 759 | 842 |
| % of Assets in Top 10 | 28.27% | 31.84% | 34.06% |
| % of Assets in Top 15 | 34.62% | 38.49% | 39.19% |
| % of Assets in Top 50 | 53.33% | 63.39% | 60.43% |
| PXH | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 77.19% | 52.59% | 54.15% |
| Mid (>2.7B) | 19.84% | 32.87% | 27.74% |
| Small (>600M) | 1.71% | 9.04% | 4.33% |
| Micro (<600M) | 0.00% | 1.25% | 0.63% |
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.
| PXH | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.30 | $ 0.36 | $ 0.31 |
| Dividend Date | 2024-06-24 | N/A | N/A |
| Annual Dividend Rate | $ 0.90 | $ 1.01 | $ 0.85 |
| Annual Dividend Yield | 4.41% | 2.99% | 2.39% |
View charts featuring PXH price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -22.39 M 3 Month Net Flows: -22.39 M 6 Month Net Flows: -32.26 M 1 Year Net Flows: -131.09 M 3 Year Net Flows: -25.8 M 5 Year Net Flows: 90.48 M 10 Year Net Flows: 914.72 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -3.25 MThe adjacent table gives investors an individual Realtime Rating for PXH 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 Emerging Markets 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.
| PXH |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 1.27% | 2.33% | 2.57% |
| 3 Month Return | 6.42% | 4.50% | 3.80% |
| YTD Return | 8.74% | 7.17% | 6.12% |
| 1 Year Return | 13.34% | 12.34% | 9.73% |
| 3 Year Return | 0.79% | -0.88% | -1.38% |
| 5 Year Return | 3.07% | 2.80% | 1.77% |
The following charts reflect the geographic spread of PXH's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 75.2% |
| North, Central and South America | 16.05% |
| Europe | 8.58% |
| Other | 0.13% |
| Country | Percentage |
|---|---|
| China | 37.42% |
| Taiwan | 19.29% |
| India | 12.78% |
| Brazil | 12.18% |
| South Africa | 3.8% |
| Thailand | 3.0% |
| Saudi Arabia | 2.47% |
| Mexico | 2.36% |
| Turkey | 1.99% |
| Hong Kong | 1.85% |
| Indonesia | 1.14% |
| Malaysia | 0.62% |
| Chile | 0.32% |
| United Kingdom | 0.24% |
| Other | 0.2% |
| Ireland | 0.17% |
| Netherlands | 0.08% |
| Canada | 0.05% |
The following charts reflect the allocation of PXH's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 30.92% |
| Electronic Technology | 15.72% |
| Energy Minerals | 12.22% |
| Non-Energy Minerals | 8.29% |
| Retail Trade | 7.0% |
| Technology Services | 6.37% |
| Utilities | 3.19% |
| Transportation | 2.88% |
| Communications | 2.74% |
| Consumer Non-Durables | 2.46% |
| Process Industries | 1.9% |
| Consumer Durables | 1.67% |
| Industrial Services | 1.27% |
| Producer Manufacturing | 0.97% |
| Consumer Services | 0.69% |
| Health Technology | 0.64% |
| Distribution Services | 0.58% |
| CASH | 0.37% |
| Health Services | 0.18% |
| Miscellaneous | 0.07% |
| Commercial Services | 0.07% |
| Other | -0.24% |
| Market Cap | Percentage |
|---|---|
| Large | 77.19% |
| Mid | 19.84% |
| Small | 1.71% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 90.1% |
| Preferred Equity | 4.72% |
| Non-Voting Depositary Receipt | 3.0% |
| Unit | 1.05% |
| American Depositary Receipt | 0.88% |
| CASH | 0.37% |
| Open-ended Fund | 0.07% |
| Temporary | 0.01% |
| Right | 0.0% |
| Other | -0.24% |
| Sector | Percentage |
|---|---|
| Finance | 30.92% |
| Electronic Technology | 15.72% |
| Energy Minerals | 12.22% |
| Non-Energy Minerals | 8.29% |
| Retail Trade | 7.0% |
| Technology Services | 6.37% |
| Utilities | 3.19% |
| Transportation | 2.88% |
| Communications | 2.74% |
| Consumer Non-Durables | 2.46% |
| Process Industries | 1.9% |
| Consumer Durables | 1.67% |
| Industrial Services | 1.27% |
| Producer Manufacturing | 0.97% |
| Consumer Services | 0.69% |
| Health Technology | 0.64% |
| Distribution Services | 0.58% |
| CASH | 0.37% |
| Health Services | 0.18% |
| Miscellaneous | 0.07% |
| Commercial Services | 0.07% |
| Other | -0.24% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 89.15% |
| 20 Day Volatility | 10.78% |
| 50 Day Volatility | 12.92% |
| 200 Day Volatility | 13.00% |
| Beta | 0.73 |
| Standard Deviation | 1.06% |
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.
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