Invesco International Dividend Achievers ETF

The Invesco International Dividend Achievers ETF (PID), listed on the NASDAQ Global Market, is an exchange-traded fund launched on September 15, 2005, that seeks to replicate the performance of the NASDAQ International Dividend Achievers Index by investing at least 90% of its assets in dividend-paying foreign securities — including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and non-U.S. common shares — that have increased their annual dividends for at least five consecutive years. With approximately $893 million in assets under management, the fund employs a dividend-yield-weighted strategy that provides exposure primarily to large-cap international equities across developed and emerging markets, with a notable concentration in Canada, the United Kingdom, and Japan, spanning sectors such as Communication Services, Utilities, Financial Services, and Energy. PID distributes dividends on a quarterly basis with a trailing twelve-month yield of approximately 3.3%–3.5% and carries a net expense ratio of 0.53%, making it a cost-efficient vehicle for income-oriented investors seeking international diversification. The fund's top holdings include well-known global companies such as TELUS Corporation, Enbridge Inc., British American Tobacco, Brookfield Renewable Partners, and Canadian Natural Resources, reflecting its tilt toward mature, cash-generative businesses with shareholder-friendly dividend policies.