{
 "ticker": "PDN",
 "name": "Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF",
 "issuer": "Invesco",
 "desk": "core",
 "url": "https://etfiq.com/funds/pdn",
 "html": "https://etfiq.com/funds/pdn",
 "markdown": "https://etfiq.com/funds/pdn.md",
 "as_of": "2026-11-12",
 "verdict": "PDN tracks an index and returned +11.8% over the past year.",
 "lead": "PDN returned +11.8% over the year to Nov 12, 2026, charges 0.47% a year and holds $342m in net assets on Nov 11, 2026.",
 "category": {
  "id": "stocks",
  "name": "Stocks",
  "label": "Stock ETFs",
  "url": "https://etfiq.com/stocks/",
  "group": {
   "id": "international-stocks",
   "name": "International stocks"
  },
  "segment": {
   "id": "foreign-smid-value",
   "name": "International small and mid-cap value",
   "url": "https://etfiq.com/stocks/foreign-smid-value/"
  },
  "status": "classified",
  "as_of": "2026-11-12",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "stocks",
  "sentence": "no other ETF tracks the index it names, so its tracking cannot be measured",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/stocks/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+11.8%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-12",
   "sentence": "PDN, total return, 1 year: +11.8%, as of Nov 12, 2026.",
   "cite": {
    "value": "+11.8%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/pdn#fact-total-return-1-year",
    "text": "PDN, total return, 1 year: +11.8%, as of Nov 12, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.47%",
   "source": "485BPOS XBRL, Feb 26, 2026",
   "as_of": "2026-02-26",
   "sentence": "PDN, expense ratio: 0.47%, as of Feb 26, 2026.",
   "cite": {
    "value": "0.47%",
    "as_of": "2026-02-26",
    "source": "485BPOS XBRL, Feb 26, 2026",
    "url": "https://etfiq.com/funds/pdn#fact-expense-ratio",
    "text": "PDN, expense ratio: 0.47%, as of Feb 26, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "1563",
   "source": "the issuer\u2019s daily holdings file",
   "as_of": "2026-11-11",
   "sentence": "PDN, holdings: 1563, as of Nov 11, 2026.",
   "cite": {
    "value": "1563",
    "as_of": "2026-11-11",
    "source": "the issuer\u2019s daily holdings file",
    "url": "https://etfiq.com/funds/pdn#fact-holdings",
    "text": "PDN, holdings: 1563, as of Nov 11, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22125.5%",
   "source": "ETFIQ",
   "as_of": "2026-11-12",
   "sentence": "PDN, below its high: \u22125.5%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22125.5%",
    "as_of": "2026-11-12",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/pdn#fact-below-its-high",
    "text": "PDN, below its high: \u22125.5%, as of Nov 12, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "3.6%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-12",
   "sentence": "PDN, 12-month yield, capital gains included, on its starting price: 3.6%, as of Nov 12, 2026.",
   "cite": {
    "value": "3.6%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/pdn#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "PDN, 12-month yield, capital gains included, on its starting price: 3.6%, as of Nov 12, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Sep 21, 2026",
   "value": "$0.3059",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-09-21",
   "sentence": "PDN, last payment (paid quarterly), ex-date Sep 21, 2026: $0.3059, as of Sep 21, 2026.",
   "cite": {
    "value": "$0.3059",
    "as_of": "2026-09-21",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/pdn#fact-last-payment",
    "text": "PDN, last payment (paid quarterly), ex-date Sep 21, 2026: $0.3059, as of Sep 21, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$342m",
   "source": "issuer page, as of Nov 11, 2026",
   "as_of": "2026-11-11",
   "sentence": "PDN, net assets: $342m (issuer page, as of Nov 11, 2026).",
   "cite": {
    "value": "$342m",
    "as_of": "2026-11-11",
    "source": "issuer page, as of Nov 11, 2026",
    "url": "https://etfiq.com/funds/pdn#fact-net-assets",
    "text": "PDN, net assets: $342m (issuer page, as of Nov 11, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "RAFI Fundamental Select Developed ex US 1500 Index",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Stocks \u00b7 International small and mid-cap value",
   "source": "ETFIQ"
  },
  {
   "key": "region",
   "label": "Region",
   "value": "International developed",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.47%",
   "source": "485BPOS XBRL, Feb 26, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$44.93",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Sep 28, 2007",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$342m",
   "source": "issuer page, as of Nov 11, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Nov 11, 2026; no other fund tracks the RAFI Fundamental Select Developed ex US 1500 Index, the index its prospectus names",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "stated_benchmark",
   "label": "Stated benchmark",
   "value": "RAFI Fundamental Select Developed ex US 1500 Index (from its prospectus). PDN is the only ETF ETFIQ covers that tracks it.",
   "source": null
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22125.5%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "1563",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "2.2%",
   "source": null
  },
  {
   "key": "cash_not_in_the_top_ten",
   "label": "Cash, not in the top ten",
   "value": "0.0%",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Nov 11, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "holdings_as_of_the_close_of",
   "label": "Holdings as of the close of",
   "value": "Nov 11, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.1%",
   "source": "ETFIQ"
  },
  {
   "key": "promise_check",
   "label": "Promise check",
   "value": "Not measured. No other ETF tracks the index it names, so its tracking cannot be measured.",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22121.9%",
   "S&P 500 (SPY)": "\u22122.7%"
  },
  {
   "window": "3 months",
   "Total return": "\u22124.6%",
   "S&P 500 (SPY)": "\u22122.4%"
  },
  {
   "window": "6 months",
   "Total return": "\u22123.0%",
   "S&P 500 (SPY)": "+1.7%"
  },
  {
   "window": "Year to date",
   "Total return": "+8.9%",
   "S&P 500 (SPY)": "+11.9%"
  },
  {
   "window": "1 year",
   "Total return": "+11.8%",
   "S&P 500 (SPY)": "+12.0%"
  },
  {
   "window": "3 years",
   "Total return": "+69.2%",
   "S&P 500 (SPY)": "+78.3%"
  },
  {
   "window": "5 years",
   "Total return": "+36.6%",
   "S&P 500 (SPY)": "+73.3%"
  },
  {
   "window": "10 years",
   "Total return": "+123.3%",
   "S&P 500 (SPY)": "+309.6%"
  },
  {
   "window": "Since launch",
   "Total return": "+180.6%",
   "S&P 500 (SPY)": "+602.6%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+5.5%",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has PDN performed?",
   "a": "Over the year to Nov 12, 2026, PDN returned +11.8% with distributions reinvested. Over three years the number is +69.2%."
  },
  {
   "q": "What does PDN cost?",
   "a": "The prospectus expense ratio is 0.47% a year."
  },
  {
   "q": "What does PDN hold?",
   "a": "1,563 positions as published by its issuer for Nov 11, 2026, with the top ten at 2.2% of the fund. 0% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is PDN below its high?",
   "a": "5.5% below its high of Sep 4, 2026, measured on the reinvested series to Nov 12, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 12, 2026",
   "value": "$47.86 on Sep 4, 2026",
   "as_of": "2026-09-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 47.8605,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 12, 2026",
   "value": "$39.65 on Nov 20, 2025",
   "as_of": "2025-11-20",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 39.65,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 12, 2026, within that range",
   "value": "$44.93, 64% of the way from the low to the high",
   "as_of": "2026-11-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 44.93
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "1563",
   "as_of": "2026-11-12",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "2.2%",
   "as_of": "2026-11-12",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-11",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "$1,000: about $1.00, 0.10%, one way.",
   "$10,000: about $10, 0.10%, one way.",
   "Premium to NAV at the Nov 11 close: \u22120.15%; 95% of days within \u00b10.15%.",
   "Limit: midpoint + 5\u00a2 to buy, midpoint \u2212 5\u00a2 to sell. At the Nov 11 close of $45.21, that\u2019s $45.26 to buy and $45.16 to sell."
  ],
  "page": "https://etfiq.com/funds/pdn/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "PDN interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "flows": {
  "as_of": "2026-11-11",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/pdn.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-11-11",
    "to": "2026-11-11",
    "net_flow_usd": -2252740,
    "net_flow": "\u2212$2.3m",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ],
  "daily_counts_start": "2026-11-11",
  "windows_without_daily_figure": [
   "1 week",
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "generated": "2026-11-13",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, PDN, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/pdn"
}