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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco International Developed Dynamic Multifactor ETF

$35.32+0.93% today
273552-WK

The fund generally will invest at least 80% of its total assets in the securities that comprise the index. The index is designed to utilize factor configurations that, in the view of the index Provider, have historically outperformed other factors in certain stages of the economic cycle. It is non-diversified.

Price & daily flows
33.631.228.935.32DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +17.2% so far this year. At 0.34% a year it is not the cheapest way in — IWR runs the same ground at 0.19%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$1.1Bassets under management
0.34%expense ratio · $34 per $10,000 a year
net flow, trailing month
89Kavg daily volume, 30 days
599holdings
2021listed February 23, 2021 · beta 0.96
The book at a glance
TSCO-0.2%SHEL-0.3%DTE-2.1%BA.-0.4%ROP+0.3%SAP+0.7%TTE-1.1%AZN+0.9%ASML+0.8%CSL+2.8%AD+0.3%RIO+3.1%DG+2.3%WES-0.6%RIO+3.1%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1TSCOTRACTOR SUPPLY1.00%$34.98-0.2%
2SHELSHELL2.66%$93.33-0.3%
3DTEDTE ENERGY1.10%$135.22-2.1%
4BA.BOEING0.42%$214.20-0.4%
5VCXFundrise Innovation Fund0.12%$42.11+6.8%
6ROPROPER TECHNOLOGIES2.91%$411.79+0.3%
7TW.TRADEWEB MARKETS0.02%$107.04+0.9%
8BHPBHP GROUP1.00%$97.03+3.6%
9MPLDEFIANCE DAILY TARGET 2X LONG MP ETF0.39%$16.51+18.0%
10STESTERIS0.06%$237.93+0.9%
11IAGIAMGOLD0.39%$21.14+3.1%
12SAPSAP SE1.45%$218.68+0.7%
13CNACNA FINANCIAL0.06%$48.98-1.0%
14TTETOTALENERGIES SE1.33%$89.89-1.1%
15ALLALLSTATE0.22%$253.83-0.3%

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Sector weights
Industrials25.96%
Other24.45%
Finance18.11%
Healthcare16.61%
Technology13.6%
Consumer Cyclical12.96%
Producer Manufacturing11.28%
Pharmaceuticals9.49%
Process Industries9.28%
Financial Services8.84%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other24.41%
United Kingdom16.52%
Japan14.88%
Switzerland12.49%
Germany11.35%
France8.39%
Korea (the Republic of)7.93%
Australia6.93%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+1.4%
1 month+5.6%
3 months+3.7%
6 months+3.9%
YTD+17.2%
1 year+25.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
14%realized volatility, 30 days (annualized)
17%realized volatility, 1 year
-12.5%deepest fall from a peak, 1 year
at peakwhere it sits vs. that peak today

The top holding is 2.9% of the book; the top ten carry 16%. Spread across 250+ names, it behaves like roughly 57 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against IMFL

Due diligence cuts both ways. These funds sit on the same shelf and beat IMFL on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-30bp on fee · 30× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-27bp on fee · 178× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-25bp on fee · 148× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-27bp on fee · 11× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-27bp on fee · 43× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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