Invesco International BuyBack Achievers ETF
$59.95−0.60 (−0.99%)
- Expense ratio
- 0.55%
- Fund size
- $558M
- 1Y return
- +19.8%
- Yield · Last 12 months
- 3.31%
- Holdings
- 175
- Volume · 30D
- 0M sh
- NAV per share
- $60.66
- 52W range
The ETF.net IPKW Grade
Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 29Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 64Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 28Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
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
- 175
- 45%
- SHEL.L
Sectors
- Financials26.1%
- Industrials18.0%
- Consumer Discr.13.9%
- Energy11.1%
- Materials8.1%
- Communication5.1%
- Health Care5.1%
- Technology5.1%
- Cons. Staples5.0%
- Utilities2.3%
- Real Estate0.3%
Geography
- Japan30.21%
- United Kingdom22.34%
- China7.38%
- Switzerland5.97%
- Netherlands5.31%
- France4.57%
- Canada4.23%
- Ireland3.91%
- 16.07%
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.
Returns run to the Sep 22, 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 | +11.4% |
| 1 month | −0.8% |
| 3 months | +6.3% |
| 1 year | +19.8% |
| 3 years | +24.2% |
| 5 years | +11.2% |
| 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 | +11.4% | |
| 2025 | +45.5% | |
| 2024 | +10.5% | |
| 2023 | +15.1% | |
| 2022 | −12.8% | |
| 2021 | +11.5% | |
| 2020 | +16.2% |
IPKW in the news
ETF.net Research hasn’t filed on IPKW yet — coverage lands here as it’s written.
IPKW Dividends
- 3.31%
- $2.00
- $0.25 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.25 |
| Jun 22, 2026 | Jun 26, 2026 | $0.45 |
| Mar 23, 2026 | Mar 27, 2026 | $0.57 |
| Dec 22, 2025 | Dec 26, 2025 | $0.74 |
| Sep 22, 2025 | Sep 26, 2025 | $0.29 |
| Jun 23, 2025 | Jun 27, 2025 | $0.46 |
| Mar 24, 2025 | Mar 28, 2025 | $0.49 |
| Dec 23, 2024 | Dec 27, 2024 | $0.52 |
| Sep 23, 2024 | Sep 27, 2024 | $0.36 |
| Jun 24, 2024 | Jun 28, 2024 | $0.38 |
| Mar 18, 2024 | Mar 22, 2024 | $0.37 |
| Dec 18, 2023 | Dec 22, 2023 | $0.16 |
IPKW Risk
- 12.5%
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.
- 1.42
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.
- −30.7%
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.
- 0.64
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
- The middle half of International Factor Index funds
- Median 0.38%
9 of the 14 International Factor Index funds charge less.