ETF Evaluator: Invesco International Div Achiev ETF (PID) Follow This ETF

Invesco International Div Achiev ETF Overview

Invesco International Div Achiev ETF (PID) is a passively managed International Equity Foreign Large Value exchange-traded fund (ETF). Invesco launched the ETF in 2005.

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ International Dividend AchieversTM Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of Global Depositary Receipts (“GDRs”) that are listed on the London Stock Exchange (“LSE”) or the London International Exchange, American Depositary Receipts (“ADRs”), non-U.S. common or ordinary stocks, limited partnership interests and shares of limited liability companies that are listed on the NYSE.

About Invesco International Div Achiev ETF (PID)

There are 4 members of the management team with an average tenure of 10.70 years: Peter Hubbard (2007), Michael Jeanette (2008), Pratik Doshi (2020) and Faiz Syed (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and NASDAQ Int'l Dividend Achievers TR USD index with a weighting of 100%. Invesco International Div Achiev ETF has 65 securities in its portfolio. The top 10 holdings constitute 31.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Invesco International Div Achiev ETF is part of the Equity global asset class and is within the International Equity ETF group. Invesco International Div Achiev ETF has 88.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 12.2% There is 88.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco International Div Achiev ETF has -0.3% of the portfolio in cash.

Assets Under Management

The fund has $890 million in total assets, which is below the $2 billion average for the Foreign Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

PID Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco International Div Achiev ETF expense ratio is average compared to funds in the Foreign Large Value category. Invesco International Div Achiev ETF has an expense ratio of 0.53%, which is 16% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco International Div Achiev ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 46% for the Foreign Large Value category.

Recently, in the month of June 2026, Invesco International Div Achiev ETF returned -2.8%, which earned it a grade of D, as the Foreign Large Value category had an average return of -1.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Invesco International Div Achiev ETF has a trailing yield of 3.61%, which is above the 3.40% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Invesco International Div Achiev ETF Grades

Year to date, the ETF has returned 3.4%, 6.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 12.3% over the past year (grade of F), 11.2% over the past three years (grade of F) and 8.5% per year over the past five years (grade of F) and 8.6% per year over the past 10 years (grade of F).

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