---
ticker: "PXF"
name: "Invesco RAFI Developed Markets ex-U.S. ETF"
url: "https://etf.net/etf/PXF"
grade: "C"
score: 52
graded_at: "2026-10-12"
category: "Developed International Core"
category_rank: "16 of 21"
methodology: "https://etf.net/methodology"
---

# PXF: Invesco RAFI Developed Markets ex-U.S. ETF

Grade **C**, Score 52 of 100. Rank 16 of 21 in Developed International Core.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 5 | 20 of 21 |
| Mission | 100 | 1 of 18 |
| Risk | 59 | 4 of 21 |
| Tradability | 47 | 11 of 21 |
| Holdings | 72 | 6 of 20 |
| Durability | 56 | 13 of 21 |

## Top holdings

The fund holds 1030 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 005930.KS | Samsung Electronics Co Ltd | 3.48% |
| 2 | SHEL.L | Shell PLC | 2.40% |
| 3 | TTE.PA | TotalEnergies SE | 1.48% |
| 4 | HSBA.L | HSBC Holdings PLC | 1.20% |
| 5 | ROP.SW | Roche Holding AG | 1.09% |
| 6 | BHP.AX | BHP Group Ltd | 0.98% |
| 7 | 7203.T | Toyota Motor Corp | 0.97% |
| 8 | BP.L | Bp PLC | 0.96% |
| 9 | GLEN.L | Glencore PLC | 0.78% |
| 10 | NOVN.SW | Novartis AG | 0.71% |
| 11 | NESN.SW | Nestle SA | 0.71% |
| 12 | SAN.MC | Banco Santander SA | 0.67% |
| 13 | SAN.PA | Sanofi SA | 0.60% |
| 14 | SIE.DE | Siemens AG | 0.60% |
| 15 | BATS.L | British American Tobacco PLC | 0.58% |
| 16 | RIO.L | Rio Tinto PLC | 0.58% |
| 17 | BAS.F | Basf SE | 0.55% |
| 18 | BNP.PA | BNP Paribas SA | 0.54% |
| 19 | 8306.T | Mitsubishi UFJ Financial Group Inc | 0.54% |
| 20 | DDAIF | Mercedes-Benz Group AG | 0.54% |
| 21 | RY | Royal Bank of Canada | 0.54% |
| 22 | TD | Toronto-Dominion Bank/The | 0.52% |
| 23 | ALV.DE | Allianz SE | 0.52% |
| 24 | 000660.KS | SK hynix Inc | 0.52% |
| 25 | AZN | AstraZeneca PLC | 0.51% |
| 26 | BAYN.SG | Bayer AG | 0.50% |
| 27 | 6752.T | Panasonic Holdings Corp | 0.50% |
| 28 | SU | Suncor Energy Inc | 0.49% |
| 29 | DTE.DE | Deutsche Telekom AG | 0.48% |
| 30 | 8058.T | Mitsubishi Corp | 0.47% |

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