---
ticker: "PXH"
name: "Invesco RAFI Emerging Markets ETF"
url: "https://etf.net/etf/PXH"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "Emerging Markets Factor Index"
category_rank: "4 of 10"
methodology: "https://etf.net/methodology"
---

# PXH: Invesco RAFI Emerging Markets ETF

Grade **B**, Score 56 of 100. Rank 4 of 10 in Emerging Markets Factor Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 44 | 6 of 10 |
| Mission | Not scored | — |
| Risk | 59 | 5 of 10 |
| Tradability | 73 | 3 of 10 |
| Holdings | 59 | 4 of 10 |
| Durability | 76 | 3 of 10 |

## Top holdings

The fund holds 364 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Co Ltd | 5.86% |
| 2 | PETR4.SA | Petroleo Brasileiro SA - Petrobras | 5.23% |
| 3 | 9988.HK | Alibaba Group Holding Ltd | 3.15% |
| 4 | 0939.HK | China Construction Bank Corp | 2.61% |
| 5 | 2317.TW | Hon Hai Precision Industry Co Ltd | 2.54% |
| 6 | TCTZF | Tencent Holdings Ltd | 2.24% |
| 7 | IDCBF | Industrial & Commercial Bank of China Ltd | 1.97% |
| 8 | VALE3.SA | Vale SA | 1.95% |
| 9 | 2454.TW | MediaTek Inc | 1.91% |
| 10 | 3988.HK | Bank of China Ltd | 1.61% |
| 11 | JD | JD.com Inc | 1.60% |
| 12 | 2318.HK | Ping An Insurance Group Co of China Ltd | 1.29% |
| 13 | 0857.HK | PetroChina Co Ltd | 1.03% |
| 14 | 1303.TW | Nan Ya Plastics Corp | 0.93% |
| 15 | 2303.TW | United Microelectronics Corp | 0.93% |
| 16 | 0386.HK | China Petroleum & Chemical Corp | 0.89% |
| 17 | 3968.HK | China Merchants Bank Co Ltd | 0.89% |
| 18 | RELIANCE.NS | Reliance Industries Ltd | 0.87% |
| 19 | ITUB4.SA | Itau Unibanco Holding SA | 0.81% |
| 20 | 3711.TW | ASE Technology Holding Co Ltd | 0.81% |
| 21 | 0992.HK | Lenovo Group Ltd | 0.81% |
| 22 | PDD | PDD Holdings Inc | 0.76% |
| 23 | PTT.BK | Ptt Pcl | 0.76% |
| 24 | 1288.HK | Agricultural Bank of China Ltd | 0.68% |
| 25 | HDFCBANK.NS | HDFC Bank Ltd | 0.67% |
| 26 | BBDC4.SA | Banco Bradesco SA | 0.64% |
| 27 | 2603.TW | Evergreen Marine Corp Taiwan Ltd | 0.61% |
| 28 | BBAS3.SA | Banco do Brasil SA | 0.60% |
| 29 | ICICIBANK.NS | ICICI Bank Ltd | 0.60% |
| 30 | — | Saudi Arabian Oil Co | 0.58% |

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