IDHQ holds large- and mid-cap international quality firms. It focuses on three fundamental metrics to measure quality: profitability as measured by ROE (trailing twelve months EPS/ book value), higher earning quality measure by lower accruals (change in net operating assets scaled by average of NOA over past 2 years), and earnings stability measured by the amount of financial leverage (debt/book value of equity). These metrics are equally weighted to produce a quality score, IDHQ takes the top quintile only. Each stock`s cap-weighting is scaled by the quality score. Single-sector exposure and single-country exposure are each capped at 40%. Prior to Mar. 1, 2012, the fund tracked the QSG Developed International Opportunities Index. Until Mar. 18, 2016, funds index was S&P International Developed High Quality Rankings Index, which has different quality metrics.
公司网站 :
https://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=IDHQ
总经理:-
建立时间:2007
公司总部:Invesco S&P International Developed Quality ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds