IDHQInvesco S&P International Developed Quality ETF
IDHQ Fund Description
IDHQ tracks an index of large- and midcap stocks from developed markets ex-US, selected by fundamental metrics. Stocks are weighted by these factors, scaled by market cap.
IDHQ Factset Analytics Insight
IDHQ holds large- and midcap international quality firms. It focuses on three fundamental metrics to measure quality: profitability as measured by ROE (trailing twelve months EPS/ book value), higher earning quality measure by lower accruals (change in net operating assets scaled by average of NOA over past 2 years), and earnings stability measured by the amount of financial leverage (debt/book value of equity). These metrics are equally weighted to produce a quality score, IDHQ takes the top quintile only. Each stock’s cap-weighting is scaled by the quality score. Single-sector exposure and single-country exposure are each capped at 40%. Prior to Mar. 1, 2012, the fund tracked the QSG Developed International Opportunities Index. Until Mar. 18, 2016, fund’s index was S&P International Developed High Quality Rankings Index, which has different quality metrics.
IDHQ MSCI ESG Analytics Insight
Invesco S&P International Developed Quality ETF has an MSCI ESG Fund Rating of AAA based on a score of 8.62 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P International Developed Quality ETF ranks in the 86th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IDHQ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IDHQ Summary Data
IDHQ Portfolio Data
IDHQ Index Data
IDHQ Portfolio Management
IDHQ Tax Exposures
IDHQ Fund Structure
IDHQ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IDHQ. IDHQ is rated a 4 out of 5.
IDHQ Sector/Industry Breakdown
IDHQ Top 10 Holdings[View All]
IDHQ Economic Development
IDHQ Performance Statistics
IDHQ MSCI ESG Ratings
IDHQ Benchmark Comparison Summary
IDHQ Benchmark Comparison Market Cap Size