With no changes to any of the Invesco models this week, we look at the Invesco RAFI Developed Markets ex-US ETF (PXF).
There are no changes to any of the Invesco models this week. Last week, international equities overtook domestic equities to move into the top spot in the DALI asset class rankings. Investors looking to increase their exposure to non-US equities in light of this development may wish to consider the Invesco RAFI Developed Markets ex-US ETF (PXF). Thus far in 2025, developed international equities have outpaced their emerging market counterparts as PXF has gained just under 19% year-to-date, while the Invesco RAFI Emerging Markets ETF (PXH) is up 12.75%.
PXF has a favorable 4.61 fund score, which is 0.23 points better than the average for all non-US equity funds, and a positive 2.76 score direction. PXF returned to a buy signal and a positive trend on its default chart in April and reached a new multi-year high last month. PXF also now sits one box away from giving a market RS buy signal for the first time since 2010.
PXF currently sits in heavily overbought territory, with a weekly overbought/oversold (OBOS) reading of 81.5%, so those initiating exposure may be best served to do so on a pullback. PXF carries a 3.1% yield.
