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ETFs

Invesco Fundamental Investment Grade Corporate Bond ETF

PFIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 15 2011
Expense Ratio
0.22%
Type
US Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$427,439
AUM
$44,304,000
Associated Index
RAFI Bonds US Investment Grade 1-10 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

JPM26C
JPMorgan Chase & Co. - 2.95% NT REDEEM 01/10/2026 USD 2000
1.10%
BAC27
Bank Of America Corp. - 3.248% NT REDEEM 21/10/2027 USD 2000
0.91%
MSFT4451229
Microsoft Corp
0.83%
MS27E
Morgan Stanley - 3.625% NT REDEEM 20/01/2027 USD 1000
0.59%
n/a
Apple Inc
0.49%
n/a
Cisco Systems 2.5 % Notes 2016-20.09.26 Global
0.48%
n/a
Berkshire Hathaway Energy Co
0.48%
n/a
Apple 3.25 % Notes 2016-23.2.26 Global
0.47%
WMT25B
Walmart Inc - 3.90% NT REDEEM 09/09/2025 USD 2000
0.46%
BRK.B26
Berkshire Hathaway Inc. - 3.125% NT REDEEM 15/03/2026 USD 2000
0.45%
Invest with PFIG

What is PFIG?

The Invesco Fundamental Investment Grade Corporate Bond ETF (Fund) is based on the RAFI Bonds US Investment Grade 1-10 Index (Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index is comprised of US dollar-denominated bonds that are registered with the SEC or that are Rule 144A securities that provide for registration rights and whose issuers are public companies listed on a major US stock exchange. Only investible non-convertible, non-exchangeable, non-zero, fixed coupon high-yield corporate bonds qualify for inclusion in the Index. Based on the Fundamental Index methodology developed by Research Affiliates, LLC, the Index is compiled and calculated by ALM Research Solutions, LLC. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly and reconstituted annually in March.

ETFs related toPFIG

ETFs correlated to PFIG include IGIB, VCIT, BSCT

PFIG
Invesco Capital Management LLC - Invesco Fundamental Investment Grade Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
BSCT
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2029 Corporate Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
BSCU
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2030 Corporate Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
SPIB
SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPFIG

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with PFIG using Composer

FAQ

PFIG is a US Bonds ETF. The Invesco Fundamental Investment Grade Corporate Bond ETF (Fund) is based on the RAFI Bonds US Investment Grade 1-10 Index (Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index is comprised of US dollar-denominated bonds that are registered with the SEC or that are Rule 144A securities that provide for registration rights and whose issuers are public companies listed on a major US stock exchange. Only investible non-convertible, non-exchangeable, non-zero, fixed coupon high-yield corporate bonds qualify for inclusion in the Index. Based on the Fundamental Index methodology developed by Research Affiliates, LLC, the Index is compiled and calculated by ALM Research Solutions, LLC. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly and reconstituted annually in March.

PFIG tracks the RAFI Bonds US Investment Grade 1-10 Index.

No, PFIG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PFIG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFIG is -0.006%. This is the percent change in the value of PFIG over the most recent 1-month period. The 3-month return on PFIG is -0.0116%. This is the percent change in the value of PFIG over the most recent 3-month period.

The standard deviation of PFIG for the past year is 0.0622%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFIG include IGSB, VCLT, and VCSH.

ETFs correlated to PFIG include IGIB, VCIT, and BSCT.

ETFs that are inversely correlated to PFIG include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.