Invesco International BuyBack Achievers ETF
$59.40+0.58 (+0.99%)
- 0.55%
- $539M
- +19.5%
- 3.41%
- 0M sh
- $58.61
- low $51.07high $62.17
The ETF.net IPKW Grade
C
Score 41 out of 100
- 12 of 15
Score 41 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.D29 out of 100Rank 11 of 15Mission
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.C51 out of 100Rank 7 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 6 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D27 out of 100Rank 14 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 9 of 15
Our read on IPKW
CBuybacks are an American obsession. IPKW exports the screen: non-US companies that actually shrank their share count by 5% or more in their latest fiscal year, roughly 160 of them, in one ticker.
The fund tracks an index of common stocks of foreign companies that satisfy the requirements for classification as BuyBack AchieversTM.
Why people hold it
- The overseas counterpart to Invesco's US buyback fund: same core test, non-US companies. A niche corner of the ETF shelf that few issuers bother to fill.invesco.com
- The rule is checkable, not a black box: a net 5% cut in shares outstanding in the latest fiscal year, plus $250M minimum market cap and $1M average daily dollar volume.sec.govindexes.nasdaq.com
- Spread across roughly 160 names instead of a handful of big repurchasers, with distributions paid quarterly.
- Running since 2014, so the strategy has a decade-plus of live track record behind it rather than a backtest.
Worth knowing
- 0.55% a year is a premium price in factor land, where broad peers like MGV (0.05%) and SIZE (0.15%) charge a sliver of that.
- The screen looks backward. It rewards repurchases already booked in the last fiscal year, and the roster only changes on the index's scheduled rebalance dates.sec.govindexes.nasdaq.com
- It trades lightly next to mainstream international funds, so spreads and order type carry more weight at the point of trade.
IPKW Holdings
- Stocks
- 178
- 44%
- SHEL.L
Sectors
- Financials25.3%
- Industrials19.1%
- Consumer Discretionary13.0%
- Energy11.4%
- Materials8.0%
- Technology5.2%
- Communication5.1%
- Health Care5.0%
- Consumer Staples4.9%
- Utilities2.8%
- Real Estate0.3%
Geography
- Japan30.65%
- United Kingdom22.80%
- China7.38%
- Switzerland6.21%
- Netherlands5.12%
- Canada4.20%
- France4.08%
- Ireland3.89%
- 15.68%
Developed 90% · Emerging 10%
IPKW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IPKW$11,950
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 | IPKW |
|---|---|
| Year to date | +8.2% |
| 1 month | −4.0% |
| 3 months | +1.3% |
| 1 year | +19.5% |
| 3 years | +23.3% |
| 5 years | +11.3% |
| 10 years | +11.3% |
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 | IPKW |
|---|---|---|
| 2026 YTD | +8.2% | |
| 2025 | +45.5% | |
| 2024 | +10.5% | |
| 2023 | +15.1% | |
| 2022 | −12.8% | |
| 2021 | +11.5% | |
| 2020 | +16.2% |
IPKW in the news
IPKW Dividends
- 3.41%
- $2.00
- $0.25 per share
- Quarterly
Distribution history
IPKW Risk
- 12.6%
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.
- 1.39
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.
- −30.2%
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.
- 0.65
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IPKW Cost
0.55%
IPKW0.55%
- The middle half of International Factor Index funds
- Median 0.34%
10 of the 15 International Factor Index funds charge less.
Other funds in International Factor Index
- CIQDGWisdomTree International Quality Dividend Growth FundExpense ratio 0.42%1 year return +9.5%
- CFYLDCambria Foreign Shareholder Yield ETFExpense ratio 0.59%1 year return +34.7%
- CVEFAVanEck MSCI EAFE Analyst Sentiment ETFExpense ratio 0.30%1 year return —
- DGRINVictoryShares International Free Cash Flow Growth ETFExpense ratio 1.06%1 year return +21.9%
- FPATNPacer Nasdaq International Patent Leaders ETFExpense ratio 0.65%1 year return +38.7%