PCY Performance — Invesco Emerging Markets Sovereign Debt ETF
Data updated: 2026-09-29
PCY returned −0.33% year to date and +7.94% over one year to Jul 2026. Annualised returns are +8.58% over 3 years and +0.80% over 5 years. Against its Emerging Markets Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $128, against $126 for the category, and to $108 over one year, against $109. Volatility over the past three years was 10.29% a year. In the 12 months to Jul 2026 the fund took in a net $204.5M, and assets reached $1.38B.
PCY Growth of $100
What $100 invested in Invesco Emerging Markets Sovereign Debt ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | PCY | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $128 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $104 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $107 | $123 |
PCY Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.33% |
| 1 year | +7.94% |
| 3 years (annualised) | +8.58% |
| 5 years (annualised) | +0.80% |
PCY Annual Returns
Calendar-year total returns of Invesco Emerging Markets Sovereign Debt ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.33% |
| 2025 | +15.45% |
| 2024 | +3.39% |
| 2023 | +17.68% |
| 2022 | −23.41% |
| 2021 | −4.37% |
| 2020 | +2.26% |
| 2019 (Aug–Dec) | +2.41% |
PCY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3% | +2.2% | −4.5% | +3.4% | +1.1% | +1.0% | −3.0% | — | — | — | — | — |
| 2025 | +1.4% | +2.4% | −1.6% | −1.5% | +0.9% | +3.4% | +1.7% | +1.9% | +3.6% | +2.3% | 0.0% | +0.3% |
| 2024 | −2.2% | +0.7% | +2.3% | −3.2% | +2.6% | +0.6% | +1.9% | +3.4% | +2.5% | −3.3% | +1.2% | −2.8% |
| 2023 | +4.5% | −2.1% | +0.6% | +0.9% | −1.0% | +3.6% | +2.9% | −2.4% | −3.8% | −2.1% | +9.2% | +7.3% |
| 2022 | −4.1% | −8.4% | −0.6% | −8.3% | +0.2% | −9.5% | +4.1% | −0.6% | −9.0% | +0.6% | +10.8% | +0.5% |
| 2021 | −0.9% | −3.6% | −1.6% | +2.8% | +1.0% | +0.5% | +0.4% | +1.0% | −3.2% | +0.3% | −2.5% | +1.4% |
| 2020 | +1.6% | −1.4% | −16.1% | +1.4% | +4.8% | +4.3% | +4.2% | +0.8% | −2.6% | −0.3% | +5.4% | +2.2% |
| 2019 | — | — | — | — | — | — | — | +1.1% | −0.9% | +0.1% | −0.6% | +2.7% |
PCY Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.29%
- 3-year Sharpe ratio: 0.40 (vs 4.5% risk-free rate)
- Best month: +9.17% (Nov 2023)
- Worst month: −4.51% (Mar 2026)
PCY Fund Flows
Monthly money in and out of Invesco Emerging Markets Sovereign Debt ETF, from SEC Form N-PORT.
- 12-month net flow: $204.5M
- 12-month gross sales (incl. reinvestments): $373.7M
- Sales ÷ redemptions: 2.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $25.8M | $0 | $25.8M |
| Jun 2026 | $12.9M | $0 | $12.9M |
| May 2026 | $15.2M | $0 | $15.2M |
| Apr 2026 | $15.1M | $66.0M | −$50.9M |
| Mar 2026 | $8.8M | $31.8M | −$23.0M |
| Feb 2026 | $158.7M | $0 | $158.7M |
| Jan 2026 | $30.2M | $43.2M | −$13.0M |
| Dec 2025 | $17.4M | $0 | $17.4M |
| Nov 2025 | $10.9M | $0 | $10.9M |
| Oct 2025 | $32.6M | $28.3M | $4.4M |
| Sep 2025 | $14.8M | $0 | $14.8M |
| Aug 2025 | $31.3M | $0 | $31.3M |
PCY Assets Under Management
Net assets of Invesco Emerging Markets Sovereign Debt ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.38B |
| 2026-04-30 | $1.36B |
| 2026-01-31 | $1.29B |
| 2025-10-31 | $1.28B |
| 2025-07-31 | $1.17B |
| 2025-04-30 | $1.17B |
| 2025-01-31 | $1.30B |
| 2024-10-31 | $1.35B |
| 2024-07-31 | $1.43B |
| 2024-04-30 | $1.44B |
| 2024-01-31 | $1.50B |
| 2023-10-31 | $1.28B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.