Invesco FTSE RAFI Emerging Markets ETF

PXH

Market cap $1.94B

Invesco RAFI Emerging Markets ETF offers diversified exposure to about 350 emerging market stocks using a fundamental size methodology. PXH trades at significantly lower valuation multiples than EEM, with a 4% yield, but carries heightened geopolitical risk due to 58% exposure to China and Taiwan. PXH has marginally outperformed EEM since inception and has been competitive with FNDE and DFEV since 2022, though recent 12-month returns lag EEM.

China's tech sector spent three years in the penalty box after Beijing's 2021 regulatory crackdown erased trillions in market value.

The Invesco RAFI Emerging Markets ETF (PXH) was launched on 09/27/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Broad Emerging Market ETFs category of the market.

Most emerging market ETFs are built around the same assumption: that China's economy and equity markets will drive returns for decades.

The Invesco RAFI Emerging Markets ETF ( NYSEARCA:PXH ) has surged 38% over the past year as investors rediscover emerging market opportunities.

Emerging-market stocks have broadly crushed the U.S. equities market this year, in one of the biggest market surprises of 2025.

The Invesco RAFI Emerging Markets ETF (PXH) was launched on 09/27/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Broad Emerging Market ETFs category of the market.

The Invesco RAFI Emerging Markets ETF (PXH) made its debut on 09/27/2007, and is a smart beta exchange traded fund that provides broad exposure to the Broad Emerging Market ETFs category of the market.

The Invesco RAFI Emerging Markets ETF (PXH) made its debut on 09/27/2007, and is a smart beta exchange traded fund that provides broad exposure to the Broad Emerging Market ETFs category of the market.

When it comes to equities exposure, U.S. large-caps continue to garner the lion's share of capital allocations. However, emerging markets (EM) could finally be in the throes of a comeback.