PID - ETF AI Analysis
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Invesco International Dividend Achievers ETF (PID)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Fund Performance
The ETF has delivered steady gains over the past month, three months, and year-to-date, showing positive momentum for investors.
Balanced Sector Mix
Holdings are spread across financials, utilities, communication services, energy, health care, technology, and other sectors, helping reduce the impact of weakness in any single industry.
Growing Assets Under Management
The fund manages a sizable asset base, which suggests it has attracted meaningful investor interest and offers reasonable liquidity.
Negative Factors
High U.S. and North American Concentration
Most of the portfolio is invested in the U.S. and Canada, limiting diversification across other global regions.
Mixed Performance Among Top Holdings
Several of the largest positions have shown weak or negative performance year-to-date, which can drag on overall fund returns.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the returns are used to cover fees instead of going to investors.
PID vs. SPDR S&P 500 ETF (SPY)
AUM856.10M
RegionGlobal Ex-U.S.
Expense Ratio0.53%
Beta0.40
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield3.61%
Asset ClassEquity
Index TrackedNASDAQ International Dividend Achiever Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume56,100
30 Day Avg. Volume60,227
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.51Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering61
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PID Summary
The Invesco International Dividend Achievers ETF (PID) tracks the NASDAQ International Dividend Achiever Index, focusing on companies outside the U.S. that have a history of steadily growing their dividend payments. It holds a mix of financial, utility, energy, and telecom firms, including well-known names like Sanofi and British American Tobacco. Investors might consider PID for international diversification and potential steady income from dividends, along with some growth over time. A key risk is that these international dividend stocks can still go up and down with global markets and currency changes.
How much will it cost me?The Invesco International Dividend Achievers ETF (PID) has an expense ratio of 0.53%, meaning you’ll pay $5.30 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is focused on a specific strategy of investing in international dividend-paying companies, which requires more active management. It’s a reasonable fee for the specialized exposure it provides.
What would affect this ETF?The Invesco International Dividend Achievers ETF (PID) could benefit from global economic stability and increased demand for dividend-paying stocks, especially as companies in sectors like Communication Services and Utilities continue to show resilience and growth potential. However, challenges such as rising interest rates or regulatory changes in key international markets could negatively impact dividend-paying companies, particularly in sectors like Financials and Energy. Additionally, currency fluctuations in global markets may affect returns for U.S.-based investors.
PID Top 10 Holdings
PID leans heavily on international dividend payers, with Brazil’s Itau Unibanco and Italy’s Eni acting as key engines of recent strength, helping offset weakness elsewhere. The fund has a clear tilt toward financials and income-heavy infrastructure and utilities, but several big positions are losing steam: Indonesian telecom TLK, Canadian telecom Telus, and China-focused FinVolution have been lagging, while Brookfield Renewable has seen mixed, softer momentum. With holdings spread across markets outside the U.S., PID offers global income exposure but is somewhat hostage to the fortunes of a few large financial and telecom names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Itau Unibanco | 5.60% | $47.95M | $115.49B | 49.78% | 69 Neutral | |
| PT Telekomunikasi Indonesia Tbk | 3.69% | $31.60M | $12.84B | -29.85% | 75 Outperform | |
| FinVolution Group | 3.50% | $29.95M | $744.46M | -53.13% | 71 Outperform | |
| British American Tobacco | 3.48% | $29.83M | $119.46B | 7.55% | 59 Neutral | |
| Telus | 3.34% | $28.64M | C$17.53B | -47.24% | 62 Neutral | |
| Enbridge | 3.00% | $25.71M | $105.75B | -2.41% | 69 Neutral | |
| Sanofi | 2.91% | $24.96M | $96.12B | -16.34% | 75 Outperform | |
| Brookfield Infrastructure | 2.76% | $23.62M | C$34.43B | 7.30% | 69 Neutral | |
| Brookfield Infrastructure | 2.72% | $23.26M | $5.08B | -18.00% | ― | |
| Brookfield Renewable Partners | 2.71% | $23.18M | C$28.78B | 11.41% | 56 Neutral |
PID Technical Analysis
Negative
―
Price Trends
22.32
Negative
22.42
Negative
22.27
Negative
Market Momentum
-0.23
Negative
45.70
Neutral
86.54
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PID, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 21.69, equal to the 50-day MA of 22.32, and equal to the 200-day MA of 22.27, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 45.70 is Neutral, neither overbought nor oversold. The STOCH value of 86.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PID.
PID Peer Comparison
Comparison Results
Performance Comparison
PID
Invesco International Dividend Achievers ETF
21.71
1.21
5.90%
QINT
American Century Quality Diversified International ETF
―
―
―
IPKW
Invesco International BuyBack Achievers ETF
―
―
―
OSEA
Harbor International Compounders ETF
―
―
―
QLTI
GMO International Quality ETF
―
―
―
IDYN
iShares International Equity Factor Rotation Active ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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