PID: INVESCO INTERNATIONAL DIVIDEND ACHIEVERS ETF
ETF Education Report: Invesco International Dividend Achievers ETF (PID)
What this ETF is trying to do
The Invesco International Dividend Achievers ETF (ticker: PID) is an exchange-traded fund that focuses on international companies. Based on its name and holdings, it aims to provide exposure to companies outside of the United States that have a history of paying dividends.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return only measures how much the share price has changed.
• Total Return includes both the change in share price *and* the money paid out through distributions (dividends).
For PID, the numbers show:
• Year-to-Date (YTD): The price return is approximately 0.42%, while the total return is approximately 2.76%.
• One-Year: The price return was approximately 2.93%, while the total return was approximately 6.75%.
• Three-Year: The price return was approximately 24.82%, while the total return was approximately 38.17%.
To visualize the price change, the current price is $22.09. The estimated price from roughly one year ago was approximately $21.46.
Income and distribution explanation
This ETF provides cash to investors through distributions. The distribution yield is approximately 3.63%. This number describes the cash payments relative to the current ETF price. Over the last 12 months, there were 4 payouts, which usually happen on a quarterly basis.
It is important to remember that a distribution yield tells you how much cash was paid out, but it is not the same thing as your total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). Some investors worry that high payouts might cause the fund's value to shrink over time.
For PID, the erosion-risk score is 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are some of the top holdings in this ETF. Please note that this is a partial list and holdings can change over time:
• ITAU UNIBANCO HOLDING SA ADR (3.88%)
• PT TELKOM INDONESIA (PERSERO) TBK ADR (3.69%)
• SANOFI SA ADR (3.33%)
• TELUS CORP (3.12%)
• ENI SPA ADR (2.77%)
• FINVOLUTION GROUP ADR (2.77%)
• BRITISH AMERICAN TOBACCO PLC ADR (2.74%)
• OPEN TEXT CORP (2.66%)
• ENBRIDGE INC (2.62%)
• BROOKFIELD INFRASTRUCTURE PARTNERS LP (2.58%)
Pros
• The fund has a history of positive total returns over one, three, and five-year periods.
• The erosion-risk measurements suggest the fund is currently stable.
Cons
• The price return is lower than the total return, meaning a portion of the overall value comes from the distributions rather than just the share price going up.
Beginner takeaway
When looking at PID, notice the difference between the price return and the total return. The total return is higher because it includes the cash distributions paid to investors. Always look at both numbers to get a full picture of how an ETF is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ITAU UNIBANCO HOLDING SA ADR | ITUB | 4.83% |
| 2 | PT TELKOM INDONESIA (PERSERO) TBK ADR | TLK | 3.68% |
| 3 | TELUS CORP | n/a | 3.55% |
| 4 | FINVOLUTION GROUP ADR | FINV | 3.38% |
| 5 | BRITISH AMERICAN TOBACCO PLC ADR | BTI | 3.37% |
| 6 | ENBRIDGE INC | n/a | 3.02% |
| 7 | SANOFI SA ADR | SNY | 2.96% |
| 8 | BROOKFIELD INFRASTRUCTURE PARTNERS LP | n/a | 2.77% |
| 9 | n/a | n/a | 2.72% |
| 10 | ENI SPA ADR | E | 2.69% |