# PDN (Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF)

Invesco · Stock ETFs · International small and mid-cap value · data as of Nov 12, 2026

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.

Promise check: Not measured. No other ETF tracks the index it names, so its tracking cannot be measured. https://etfiq.com/promise-index/stocks/

PDN tracks an index and returned +11.8% over the past year.

## Key facts

- PDN, total return, 1 year: +11.8%, as of Nov 12, 2026.
- PDN, expense ratio: 0.47%, as of Feb 26, 2026.
- PDN, holdings: 1563, as of Nov 11, 2026.
- PDN, below its high: −5.5%, as of Nov 12, 2026.
- PDN, 12-month yield, capital gains included, on its starting price: 3.6%, as of Nov 12, 2026.
- PDN, last payment (paid quarterly), ex-date Sep 21, 2026: $0.3059, as of Sep 21, 2026.
- PDN, net assets: $342m (issuer page, as of Nov 11, 2026).

## PDN over each window to Nov 12, 2026

| Window | Total return | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | −1.9% | −2.7% |
| 3 months | −4.6% | −2.4% |
| 6 months | −3.0% | +1.7% |
| Year to date | +8.9% | +11.9% |
| 1 year | +11.8% | +12.0% |
| 3 years | +69.2% | +78.3% |
| 5 years | +36.6% | +73.3% |
| 10 years | +123.3% | +309.6% |
| Since launch | +180.6% | +602.6% |
| Since launch, annualised | +5.5% | – |

## PDN key stats

- 52-week high, daily closes to Nov 12, 2026: $47.86 on Sep 4, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Nov 12, 2026: $39.65 on Nov 20, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $44.93, 64% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 1563
- Top ten weight: 2.2%

## PDN trading

- 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: −0.15%; 95% of days within ±0.15%.
- Limit: midpoint + 5¢ to buy, midpoint − 5¢ to sell. At the Nov 11 close of $45.21, that’s $45.26 to buy and $45.16 to sell.
- The full trading page: https://etfiq.com/funds/pdn/trading/

## PDN for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- PDN interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | RAFI Fundamental Select Developed ex US 1500 Index | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · International small and mid-cap value | ETFIQ |
| Region | International developed | ETFIQ |
| Expense ratio | 0.47% | 485BPOS XBRL, Feb 26, 2026 |
| Price | $44.93 | ETFIQ |
| First traded | Sep 28, 2007 | ETFIQ |
| Net assets | $342m | issuer page, as of Nov 11, 2026 |
| Benchmark | 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 | ETFIQ, from its filings |
| Stated benchmark | RAFI Fundamental Select Developed ex US 1500 Index (from its prospectus). PDN is the only ETF ETFIQ covers that tracks it. | ETFIQ |
| Below its high | −5.5% | ETFIQ |
| Holdings | 1563 | ETFIQ |
| Top ten weight | 2.2% | ETFIQ |
| Cash, not in the top ten | 0.0% | ETFIQ |
| Holdings published for | Nov 11, 2026 | the issuer’s daily file |
| Holdings as of the close of | Nov 11, 2026 | the issuer’s daily file |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.1% | ETFIQ |
| Promise check | Not measured. No other ETF tracks the index it names, so its tracking cannot be measured. | ETFIQ |

## Money in and out, to Nov 11, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Nov 11, 2026 | −$2.3m |

Daily counts start Nov 11, 2026, so these windows have no daily data: 1 week, 1 month, 3 months, Year to date, 1 year.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/pdn.json>. Method: https://etfiq.com/methodology/flows

## Questions

### How has PDN performed?

Over the year to Nov 12, 2026, PDN returned +11.8% with distributions reinvested. Over three years the number is +69.2%.

### What does PDN cost?

The prospectus expense ratio is 0.47% a year.

### What does PDN hold?

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.

### How far is PDN below its high?

5.5% below its high of Sep 4, 2026, measured on the reinvested series to Nov 12, 2026.


## Cite this page

ETFIQ, PDN, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/pdn
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/pdn  ·  JSON: https://etfiq.com/funds/pdn.json