---
ticker: "IPKW"
name: "Invesco International BuyBack Achievers ETF"
url: "https://etf.net/etf/IPKW"
grade: "C"
score: 41
graded_at: "2026-10-12"
category: "International Factor Index"
category_rank: "12 of 15"
methodology: "https://etf.net/methodology"
---

# IPKW: Invesco International BuyBack Achievers ETF

Grade **C**, Score 41 of 100. Rank 12 of 15 in International Factor Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 29 | 11 of 15 |
| Mission | Not scored | — |
| Risk | 51 | 7 of 15 |
| Tradability | 60 | 6 of 15 |
| Holdings | 27 | 14 of 15 |
| Durability | 55 | 9 of 15 |

## Top holdings

The fund holds 178 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SHEL.L | Shell PLC | 6.07% |
| 2 | 8058.T | Mitsubishi Corp | 5.18% |
| 3 | INGA.AS | ING Groep NV | 4.99% |
| 4 | MPNGF | Meituan | 4.92% |
| 5 | STAN.L | Standard Chartered PLC | 4.81% |
| 6 | NOVN.SW | Novartis AG | 4.35% |
| 7 | 4063.T | Shin-Etsu Chemical Co Ltd | 4.02% |
| 8 | GLE.PA | Societe Generale SA | 3.80% |
| 9 | EQNR.OL | Equinor ASA | 3.23% |
| 10 | VOD.L | Vodafone Group PLC | 2.80% |
| 11 | 7267.T | Honda Motor Co Ltd | 2.79% |
| 12 | 9618.HK | JD.com Inc | 2.55% |
| 13 | MT.AS | ArcelorMittal SA | 2.53% |
| 14 | A5G.IR | AIB Group PLC | 2.40% |
| 15 | 7751.T | Canon Inc | 2.23% |
| 16 | 8630.T | Sompo Holdings Inc | 2.18% |
| 17 | IMB.L | Imperial Brands PLC | 2.15% |
| 18 | GEBN.SW | Geberit AG | 1.83% |
| 19 | 6971.T | Kyocera Corp | 1.71% |
| 20 | 3382.T | Seven & i Holdings Co Ltd | 1.67% |
| 21 | SAB.MC | Banco de Sabadell SA | 1.57% |
| 22 | IAG.L | International Consolidated Airlines Group SA | 1.54% |
| 23 | 6178.T | Japan Post Holdings Co Ltd | 1.45% |
| 24 | MAERSK-B.CO | AP Moller - Maersk A/S | 1.27% |
| 25 | GIB | CGI Inc | 1.14% |
| 26 | 9101.T | Nippon Yusen KK | 0.99% |
| 27 | TEN.MI | Tenaris SA | 0.97% |
| 28 | SMGKF | Smiths Group PLC | 0.92% |
| 29 | CNA.L | Centrica PLC | 0.86% |
| 30 | PSORF | Pearson PLC | 0.86% |

Source: etf.net, https://etf.net/etf/IPKW. Please cite the page URL.