PXF: International ETF With Fair Results And High Fees

Invesco RAFI Developed Markets ex-U.S. ETF offers diversified exposure to developed markets with a fundamental weighting methodology. PXF has solid value characteristics and moderate company risk but significant exposure in Japan and financials. PXF has outperformed the benchmark SCHF and several key competitors in total return, but SCHF leads on risk-adjusted performance since 2010 and has a much lower expense ratio (0.03%).

This article updates my review of December 2025 in light of current holdings and recent performance. Summary International diversification is supported by technical and fundamental factors for the second half of 2026. Invesco RAFI Developed Markets ex-U.S. ETF ( PXF