PDN Performance — Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF
Data updated: 2026-09-28
PDN returned +9.66% year to date and +21.68% over one year to Jul 2026. Annualised returns are +15.84% over 3 years and +6.86% over 5 years. The fund trailed its International Multi-Cap Blend category average: $100 invested three years ago grew to $155, against $159 for the category, and to $122 over one year, against $125. Volatility over the past three years was 14.65% a year. In the 12 months to Jul 2026 the fund lost a net $63.8M, and assets reached $352.60M.
PDN Growth of $100
What $100 invested in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Blend category average over the same months.
| Period | PDN | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $125 |
| 3 years (Aug 2023 – Jul 2026) | $155 | $159 |
| 5 years (Aug 2021 – Jul 2026) | $139 | $155 |
| Since data start (Aug 2019 – Jul 2026) | $189 | $204 |
PDN Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.66% |
| 1 year | +21.68% |
| 3 years (annualised) | +15.84% |
| 5 years (annualised) | +6.86% |
PDN Annual Returns
Calendar-year total returns of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +9.66% |
| 2025 | +37.44% |
| 2024 | +0.69% |
| 2023 | +13.34% |
| 2022 | −17.01% |
| 2021 | +8.39% |
| 2020 | +10.08% |
| 2019 (Aug–Dec) | +11.05% |
PDN 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 | +6.7% | +6.0% | −9.0% | +7.3% | +1.9% | −3.6% | +1.0% | — | — | — | — | — |
| 2025 | +3.2% | +1.5% | +1.3% | +5.5% | +5.1% | +5.6% | −0.4% | +4.9% | +2.4% | −0.3% | +1.8% | +1.8% |
| 2024 | −2.1% | +0.4% | +3.4% | −2.0% | +3.8% | −2.5% | +5.1% | +2.0% | +2.5% | −6.9% | +0.3% | −2.5% |
| 2023 | +7.3% | −3.0% | +0.9% | +1.7% | −4.2% | +2.8% | +5.2% | −3.1% | −4.4% | −5.2% | +9.4% | +6.6% |
| 2022 | −5.3% | 0.0% | −0.4% | −6.6% | +1.1% | −10.3% | +5.5% | −3.9% | −11.6% | +3.4% | +11.8% | +0.2% |
| 2021 | −0.1% | +1.9% | +3.2% | +3.9% | +2.5% | −1.1% | +0.3% | +1.5% | −3.2% | +1.8% | −6.6% | +4.4% |
| 2020 | −4.5% | −9.3% | −16.0% | +10.1% | +5.6% | +1.7% | +2.9% | +6.5% | −0.7% | −2.9% | +13.8% | +6.2% |
| 2019 | — | — | — | — | — | — | — | −2.2% | +2.7% | +4.2% | +1.9% | +4.2% |
PDN Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.65%
- 3-year Sharpe ratio: 0.77 (vs 4.5% risk-free rate)
- Best month: +9.36% (Nov 2023)
- Worst month: −8.98% (Mar 2026)
PDN Fund Flows
Monthly money in and out of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF, from SEC Form N-PORT.
- 12-month net flow: −$63.8M
- 12-month gross sales (incl. reinvestments): $4.5M
- Sales ÷ redemptions: 0.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $7K | $11.7M | −$11.7M |
| May 2026 | $21K | $18.8M | −$18.8M |
| Apr 2026 | $3K | $6.8M | −$6.8M |
| Mar 2026 | $4.5M | $0 | $4.5M |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $4K | $16.8M | −$16.8M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $13K | $14.3M | −$14.3M |
PDN Assets Under Management
Net assets of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $352.60M |
| 2026-04-30 | $388.74M |
| 2026-01-31 | $380.14M |
| 2025-10-31 | $364.38M |
| 2025-07-31 | $356.05M |
| 2025-04-30 | $325.08M |
| 2025-01-31 | $392.18M |
| 2024-10-31 | $400.74M |
| 2024-07-31 | $508.85M |
| 2024-04-30 | $502.21M |
| 2024-01-31 | $521.90M |
| 2023-10-31 | $475.45M |
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.