Equity | International and Global Equity

Invesco Golden Dragon China ETF

Ticker: PGJ

Product Details

The Invesco Golden Dragon China ETF (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People’s Republic of China and that comprise the Index. The Index is composed of US exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 10/31/2024 09/30/2024

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
NASDAQ Golden Dragon China Index 8.56 13.21 -13.04 -5.04 0.09 4.85
FTSE China 50 Index 33.39 28.68 -4.97 -2.00 1.11 5.97
Fund History (%)
Fund NAV 8.53 13.34 -12.98 -5.19 -0.16 4.47
After Tax Held 6.39 10.49 -13.89 -5.81 -0.66 4.12
After Tax Sold 4.87 7.75 -9.90 -4.08 -0.28 3.60
Fund Market Price 8.57 13.35 -12.96 -5.11 -0.16 4.45
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
NASDAQ Golden Dragon China Index 13.68 10.89 -10.24 -2.84 0.98 5.12
FTSE China 50 Index 38.85 27.38 -2.24 -0.57 2.02 6.21
Fund History (%)
Fund NAV 13.62 11.15 -10.19 -3.01 0.72 4.73
After Tax Held 11.38 8.35 -11.13 -3.64 0.22 4.37
After Tax Sold 7.82 6.39 -7.94 -2.51 0.38 3.82
Fund Market Price 13.78 11.23 -10.20 -2.96 0.74 4.72

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2024

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2024. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 11/29/2024

Sector Allocation

Sector Percent of Fund
Consumer Discretionary 56.31%
Communication Services 20.54%
Industrials 7.14%
Financials 5.50%
Real Estate 4.25%
Information Technology 3.78%
Consumer Staples 1.41%
Health Care 0.88%
Investment Companies 0.18%

as of 11/29/2024 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
TCOM Trip.com Group Ltd ADR 9.19
YUMC Yum China Holdings Inc 9.04
JD JD.com Inc ADR 9.03
BABA Alibaba Group Holding Ltd ADR 7.02
BIDU Baidu Inc ADR 6.05
BEKE KE Holdings Inc ADR 4.25
TME Tencent Music Entertainment Group ADR 3.66
NTES NetEase Inc ADR 3.64
YMM Full Truck Alliance Co Ltd ADR 3.64
NIO NIO Inc ADR 3.27
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | Hide View All

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
09/23/2024 09/23/2024 09/27/2024 0.15191 0.15191 - - - -
06/24/2024 06/24/2024 06/28/2024 1.01298 1.01298 - - - -
12/18/2023 12/19/2023 12/22/2023 0.39587 0.39587 - - - -
09/18/2023 09/19/2023 09/22/2023 0.14409 0.14409 - - - -
06/20/2023 06/21/2023 06/23/2023 0.08762 0.08762 - - - -
03/20/2023 03/21/2023 03/24/2023 0.02263 0.02263 - - - -
12/19/2022 12/20/2022 12/23/2022 0.08257 0.08257 - - - -
09/19/2022 09/20/2022 09/23/2022 0.07021 0.07021 - - - -
06/21/2022 06/22/2022 06/30/2022 0.07558 0.07558 - - - -
12/21/2020 12/22/2020 12/31/2020 0.08166 0.08166 - - - -
06/22/2020 06/23/2020 06/30/2020 0.02750 0.02750 - - - -
03/23/2020 03/24/2020 03/31/2020 0.08516 0.08516 - - - -
09/23/2019 09/24/2019 09/30/2019 0.01880 0.01880 - - - -
06/24/2019 06/25/2019 06/28/2019 0.05209 0.05209 - - - -
09/24/2018 09/25/2018 09/28/2018 0.07103 0.07103 - - - -
06/18/2018 06/19/2018 06/29/2018 0.02736 0.02736 - - - -
12/18/2017 12/19/2017 12/29/2017 0.61403 0.61403 - - - -
09/18/2017 09/19/2017 09/29/2017 0.10814 0.10814 - - - -
06/16/2017 06/20/2017 06/30/2017 0.19743 0.19743 - - - -
12/16/2016 12/20/2016 12/30/2016 0.48067 0.48067 - - - -
09/16/2016 09/20/2016 09/30/2016 0.03156 0.03156 - - - -
06/17/2016 06/21/2016 06/30/2016 0.04214 0.04214 - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 - - - - - -
09/18/2015 09/22/2015 09/30/2015 0.02996 0.02996 - - - -
06/19/2015 06/23/2015 06/30/2015 0.09211 0.09211 - - - -
03/20/2015 03/24/2015 03/31/2015 - - - - - -
12/19/2014 12/23/2014 12/31/2014 0.08091 0.08091 - - - -
09/19/2014 09/23/2014 09/30/2014 0.03758 0.03758 - - - -
06/20/2014 06/24/2014 06/30/2014 0.12933 0.12933 - - - -
12/20/2013 12/24/2013 12/31/2013 0.14271 0.14271 - - - -
09/20/2013 09/24/2013 09/30/2013 0.08023 0.08023 - - - -
06/21/2013 06/25/2013 06/28/2013 0.06830 0.06830 - - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - - -
12/21/2012 12/26/2012 12/31/2012 0.09726 0.09726 - - - -
09/21/2012 09/25/2012 09/28/2012 0.09870 0.09870 - - - -
06/15/2012 06/19/2012 06/29/2012 0.24650 0.24650 - - - -
03/16/2012 03/20/2012 03/30/2012 0.01775 0.01775 - - - -
12/16/2011 12/20/2011 12/30/2011 0.17910 0.17910 - - - -
09/16/2011 09/20/2011 09/30/2011 0.13887 0.13887 - - - -
06/17/2011 06/21/2011 06/30/2011 0.13784 0.13784 - - - -
12/17/2010 12/21/2010 12/31/2010 0.11045 0.11045 - - - -
09/17/2010 09/21/2010 09/30/2010 0.02701 0.02701 - - - -
06/18/2010 06/22/2010 06/30/2010 0.04083 0.04083 - - - -
12/18/2009 12/22/2009 12/31/2009 0.12291 0.12291 - - - -
09/18/2009 09/22/2009 09/30/2009 0.02958 0.02958 - - - -
06/19/2009 06/23/2009 06/30/2009 0.04608 0.04608 - - - -
09/19/2008 09/23/2008 09/30/2008 0.13299 0.13299 - - - -
06/20/2008 06/24/2008 06/30/2008 0.03779 0.03779 - - - -
09/21/2007 09/25/2007 09/28/2007 0.04904 0.04904 - - - -
06/15/2007 06/19/2007 06/29/2007 0.16303 0.16303 - - - -
12/15/2006 12/19/2006 12/29/2006 0.00598 0.00598 - - - -
09/15/2006 09/19/2006 09/29/2006 0.08011 0.08011 - - - -
06/16/2006 06/20/2006 06/30/2006 0.12430 0.12430 - - - -
12/16/2005 12/20/2005 12/30/2005 0.00132 0.00132 - - - -
09/16/2005 09/20/2005 09/30/2005 0.11161 0.11161 - - - -
06/17/2005 06/21/2005 06/30/2005 0.04962 0.04962 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2024 64 14 0 0 0 0 0
06/30/2024 63 29 0 0 0 0 0
03/31/2024 61 38 0 0 0 0 0
12/31/2023 63 24 0 0 0 0 0
Year Ended 2023 250 88 0 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2024 64 50 0 0 0 0 0
06/30/2024 63 34 0 0 0 0 0
03/31/2024 61 23 0 0 0 0 0
12/31/2023 63 39 0 0 0 0 0
Year Ended 2023 250 162 0 0 0 0 0

Fund Inception : 12/09/2004

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments that derive a majority of their revenues from China are likely to be more volatile than other issuers. China's economy differs, often unfavorably, from the U.S. Historically, the Chinese government has exercised substantial control over virtually every sector of its economy through administrative regulation and/or state ownership; resulting in a substantial effect on its economy. Non-Chinese investors have difficulty access securities in China directly due to investment and trading restrictions, which may impact the availability, liquidity, and pricing of certain securities.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Investments focused in a particular sector, such as consumer discretionary and communication services, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The FTSE/Xinhua China 25 Index is an unmanaged index considered representative of Chinese blue chip stocks.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

"NASDAQ®" is a registered trademark and is used under license. The Product is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates. NASDAQ OMX Group, Inc. is not affiliated with the Trust, the Adviser or the Distributor. The Adviser has entered into a license agreement with NASDAQ OMX Group, Inc. to use the Underlying Index. The Product is entitled to use its Underlying Index pursuant to a sub-licensing arrangement with the Adviser.