(IDHQ) Invesco S&P International - Ratings and Ratios

The Invesco S&P International Developed Quality ETF (IDHQ) is an exchange-traded fund that tracks a quality-focused index comprising large and mid-cap stocks from developed markets outside the United States. The underlying index is designed to identify companies with high-quality characteristics, such as those that generate higher revenue and cash flow relative to their peers through efficient asset and financial management.

To achieve its objective, IDHQ invests at least 90% of its assets in the securities that make up the underlying index. This index is constructed and maintained by the index provider, S&P, using a rules-based methodology that focuses on the quality of the constituent companies. By doing so, the fund aims to provide investors with exposure to high-quality international stocks that are likely to outperform their counterparts over the long term.

Some key performance indicators (KPIs) to evaluate IDHQ include its tracking error relative to the underlying index, expense ratio, and dividend yield. A low tracking error indicates that the fund is effectively replicating the performance of the underlying index. The expense ratio is a key cost metric, as it directly impacts the funds net returns. Additionally, the dividend yield can provide insight into the funds income generation potential. As of the latest available data, IDHQs AUM stands at $460.32 million, indicating a moderate level of investor interest.

From a portfolio perspective, IDHQs holdings are likely to be characterized by strong financial metrics, such as high return on equity (ROE), return on assets (ROA), and profit margins, relative to their peers. The funds sector allocation is also expected to be tilted towards industries with high-quality companies, such as consumer staples, healthcare, and industrials. Investors can use IDHQ as a core international equity holding or as a complement to existing developed market exposures.