Invesco International Developed Dynamic Multifactor ETF
$33.14+0.03 (+0.09%)
- 0.34%
- $1.1B
- +24.4%
- 3.48%
- 0.1M sh
- $33.10
- low $27.64high $36.28
The ETF.net IMFL Grade
C
Score 47 out of 100
- 17 of 30
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C53 out of 100Rank 14 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 23 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 18 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 22 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 13 of 30
Our read on IMFL
CMost international factor funds pick a factor mix and leave it alone. IMFL re-weights monthly, letting Invesco's regime model read where the economy sits in its cycle and shift the tilt across value, momentum, quality, low volatility and size.
The Fund is based on the FTSE Developed ex US Invesco Dynamic Multifactor Index and invests at least 80% of its total assets in securities included in that Index.
Why people hold it
- The rotation is rules-based, not a hunch: the index rebalances monthly on Invesco's Regime Model, built from readings like manufacturing and consumer sentiment, monetary conditions, housing and labor data.invesco.cometfstrategy.com
- A 0.34% expense ratio sits under the typical fee in its international multifactor group, which is unusual for a strategy with an active-style overlay running on top of the index.
- Wide, not concentrated: roughly 900 developed-market stocks outside the US, drawn from the FTSE Developed ex US universe, with at least 80% of assets in index names.
- A multi-billion-dollar fund that trades with reasonable regularity, and it pays distributions quarterly.
Worth knowing
- The regime call is a judgment layer. When the model reads the cycle differently than markets do, IMFL can drift well away from a plain developed ex-US index in either direction.invesco.com
- Static factor blends in the same group cost less, notably INTF at 0.16% and FDEV at 0.18%. The rotation machinery is what you are paying the difference for.
- Monthly reweighting means more portfolio turnover than a once-a-year rebalance, and the index is measured on a net-return basis, after foreign withholding taxes.invesco.com
IMFL Holdings
- Stocks
- 1,159
- 21%
- 005930.KS
Sectors
- Industrials19.2%
- Technology16.0%
- Financials15.2%
- Health Care11.1%
- Consumer Staples8.2%
- Materials7.5%
- Consumer Discretionary7.3%
- Energy6.0%
- Communication3.9%
- Utilities3.8%
- Real Estate1.7%
Geography
- Japan18.21%
- South Korea11.36%
- United Kingdom11.05%
- Switzerland10.83%
- France8.10%
- Australia7.16%
- Canada5.52%
- Germany5.22%
- 22.55%
Developed 87% · Emerging 13%
IMFL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
IMFL$12,444
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IMFL |
|---|---|
| Year to date | +14.1% |
| 1 month | −3.1% |
| 3 months | −1.7% |
| 1 year | +24.4% |
| 3 years | +17.0% |
| 5 years | +8.9% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IMFL |
|---|---|---|
| 2026 YTD | +14.1% | |
| 2025 | +30.9% | |
| 2024 | −3.6% | |
| 2023 | +25.5% | |
| 2022 | −17.3% | |
| 2021 | +7.0% |
IMFL in the news
IMFL Dividends
- 3.48%
- $1.15
- $0.39 per share
- Quarterly
Distribution history
IMFL Risk
- 13.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.89
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −31.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IMFL Cost
0.34%
IMFL0.34%
- The middle half of International Multifactor funds
- Median 0.35%
13 of the 30 International Multifactor funds charge less.
Other funds in International Multifactor
- CJPINJPMorgan Diversified Return International Equity ETFExpense ratio 0.37%1 year return +17.5%
- CMFDXPIMCO RAFI Dynamic Multi-Factor International Equity ETFExpense ratio 0.40%1 year return +16.6%
- CJHMDJohn Hancock Investments - Multifactor Developed International ETFExpense ratio 0.39%1 year return +15.3%
- CDXIVDimensional - International Vector Equity ETFExpense ratio 0.53%1 year return +21.3%
- CUIVMVictoryShares International Value Momentum ETFExpense ratio 0.39%1 year return +26.6%