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ETFs

Invesco Exchange-Traded Fund Trust Invesco Golden Dragon China ETF

PGJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 09 2004
Expense Ratio
0.70%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$916,327
AUM
$167,823,241
Associated Index
NASDAQ Golden Dragon China Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

YUMC
Yum China Holdings Inc
9.01%
BABA
Alibaba Group Holding Ltd - ADR
8.00%
BIDU
Baidu Inc - ADR
7.80%
JD
JD.com Inc - ADR
6.73%
NIO
NIO Inc - ADR
5.44%
NTES
NetEase Inc - ADR
4.14%
ZTO
ZTO Express (Cayman) Inc - ADR
4.10%
BEKE
KE Holdings Inc - ADR
4.00%
LI
Li Auto Inc - ADR
3.97%
HTHT
H World Group Limited - ADR
3.91%
Invest with PGJ

What is PGJ?

The Invesco Golden Dragon China ETF (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

ETFs related toPGJ

ETFs correlated to PGJ include CWEB, KWEB, CHIQ

PGJ
Invesco Capital Management LLC - Invesco Golden Dragon China ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
GXC
SSgA Active Trust - SPDR S&P China ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology 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 toPGJ

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PGJ using Composer

FAQ

PGJ is a Global Ex. US Equities ETF. The Invesco Golden Dragon China ETF (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

PGJ tracks the NASDAQ Golden Dragon China Index.

No, PGJ 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, PGJ 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 PGJ is -0.0158%. This is the percent change in the value of PGJ over the most recent 1-month period. The 3-month return on PGJ is 0.0209%. This is the percent change in the value of PGJ over the most recent 3-month period.

The standard deviation of PGJ for the past year is 0.4654%. 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 PGJ include EWZ, EWW, and EWT.

ETFs correlated to PGJ include CWEB, KWEB, and CHIQ.

ETFs that are inversely correlated to PGJ include YANG, EDZ, and EFZ.

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.