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About Invesco International BuyBack Achievers ETF
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Inception date
Feb 27, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138E6445
IPKW is an international twist on the issuers US-based buyback fund PKW. IPKW invests in companies included in the NASDAQ Global Ex-US Index (base index) that have recently repurchased significant amounts of their own shares, subject to liquidity and market cap constraints. The concept is straightforward: Management has the greatest insight as to future business prospects so, when they elect to buy back their own stock, it's because they see it as undervalued. The counterargument is that buybacks are indicative of a lack of future growth opportunities, otherwise the company would invest its cash in those prospects. The Index is reconstituted annually in July and rebalanced quarterly starting January.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Energy Minerals
Stocks99.83%
Finance42.45%
Energy Minerals12.48%
Consumer Durables9.74%
Transportation6.31%
Utilities4.89%
Technology Services4.11%
Commercial Services3.77%
Retail Trade2.57%
Consumer Non-Durables2.44%
Producer Manufacturing1.97%
Industrial Services1.67%
Distribution Services1.51%
Electronic Technology1.24%
Non-Energy Minerals1.21%
Process Industries1.17%
Communications0.99%
Health Technology0.86%
Consumer Services0.36%
Health Services0.08%
Bonds, Cash & Other0.17%
Mutual fund0.11%
Cash0.05%
Stock breakdown by region
Europe55.52%
Asia32.05%
North America8.21%
Africa2.70%
Oceania1.16%
Middle East0.33%
Latin America0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IPKW invests in stocks. The fund's major sectors are Finance, with 42.45% stocks, and Energy Minerals, with 12.48% of the basket. The assets are mostly located in the Europe region.
IPKW top holdings are DBS Group Holdings Ltd and HSBC Holdings Plc, occupying 5.52% and 5.18% of the portfolio correspondingly.
IPKW last dividends amounted to 0.29 USD. The quarter before, the issuer paid 0.46 USD in dividends, which shows a 56.42% decrease.
IPKW assets under management is 380.47 M USD. It's risen 8.30% over the last month.
IPKW fund flows account for 247.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IPKW pays dividends to its holders with the dividend yield of 3.44%. The last dividend (Sep 26, 2025) amounted to 0.29 USD. The dividends are paid quarterly.
IPKW shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Feb 27, 2014, and its management style is Passive.
IPKW expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
IPKW follows the NASDAQ International BuyBack Achievers Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IPKW invests in stocks.
IPKW price has fallen by −2.71% over the last month, and its yearly performance shows a 19.92% increase. See more dynamics on IPKW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.32% over the last month, have fallen by −3.32% over the last month, showed a 3.20% increase in three-month performance and has increased by 23.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.32% over the last month, have fallen by −3.32% over the last month, showed a 3.20% increase in three-month performance and has increased by 23.67% in a year.
IPKW trades at a premium (0.58%) meaning the ETF is trading at a higher price than the calculated NAV.