Invesco Golden Dragon Etf Profile
| PGJ Etf | USD 25.97 0.15 0.58% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Invesco Golden is selling for 25.97 as of the 30th of November 2024. This is a 0.58 percent increase since the beginning of the trading day. The etf's last reported lowest price was 25.66. Invesco Golden has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Invesco Golden Dragon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Golden Dragon is traded on NASDAQ Exchange in the United States. The company has 5 M outstanding shares. More on Invesco Golden Dragon
Moving together with Invesco Etf
| 1.0 | KWEB | KraneShares CSI China | PairCorr |
| 0.95 | FXI | iShares China Large | PairCorr |
| 0.95 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.99 | GXC | SPDR SP China | PairCorr |
| 0.95 | CQQQ | Invesco China Technology | PairCorr |
Moving against Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Powershares Gld Drg China |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, China Region, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2004-12-09 |
| Benchmark | NASDAQ Golden Dragon China Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 107,817.8 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 132 |
| Market Maker | Virtu Financial |
| Total Expense | 0.74 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 4.21 |
| Name | Invesco Golden Dragon China ETF |
| Currency Code | USD |
| Open Figi | BBG000QLLDV8 |
| In Threey Volatility | 46.07 |
| 1y Volatility | 38.33 |
| 200 Day M A | 24.7042 |
| 50 Day M A | 26.9132 |
| Code | PGJ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.18) |
Invesco Golden Dragon [PGJ] is traded in USA and was established 2004-12-09. The fund is classified under China Region category within Invesco family. The entity is thematically classified as Strategy ETFs. Invesco Golden Dragon at this time have 227.28 M in assets. , while the total return for the last 3 years was -13.1%.
Check Invesco Golden Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Golden Dragon Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco Golden Dragon Etf Constituents
| WB | Weibo Corp | Stock | Communication Services | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| ZTO | ZTO Express | Stock | Industrials | |
| ZLAB | Zai Lab | Stock | Health Care | |
| XPEV | Xpeng Inc | Stock | Consumer Discretionary | |
| VIPS | Vipshop Holdings Limited | Stock | Consumer Discretionary | |
| TCOM | Trip Group Ltd | Stock | Consumer Discretionary | |
| TAL | TAL Education Group | Stock | Consumer Discretionary |
Invesco Golden Dragon Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Golden. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1063 | |||
| Jensen Alpha | 0.299 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.095 |
Invesco Golden Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Golden Dragon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Invesco Golden Dragon is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Golden's value that differs from its market value or its book value, called intrinsic value, which is Invesco Golden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Golden's market value can be influenced by many factors that don't directly affect Invesco Golden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Golden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Golden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Golden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.