Is IPKW a good investment?
Invesco International BuyBack Achievers ETF (IPKW) is a developed ex-US international ETF. As of September 11, 2026, ETF Copilot scores IPKW 5.3 out of 10 — highest on Growth (7.5), lowest on Quality (1.2). It trades at 13.8 times earnings, against its own median of 10.2. Its ten largest holdings are 45% of the fund.
Updated September 11, 2026
How is IPKW rated? ETF Copilot scores Invesco International BuyBack Achievers ETF (IPKW) 5.3 out of 10
As of September 11, 2026, ETF Copilot scores Invesco International BuyBack Achievers ETF (IPKW) 5.3 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.3 / 10
- Growth: 7.5 / 10
- Valuation: 3.8 / 10
- Risk: 5.7 / 10
- Quality: 1.2 / 10
- Return: 6.7 / 10
What is IPKW's expense ratio? 0.55% a year
As of September 11, 2026, IPKW charges 0.55% a year, yields 3.16% and holds $572M in assets across 174 positions.
| Measure | IPKW |
|---|---|
| Expense ratio | 0.55% |
| Dividend yield | 3.16% |
| Assets under management | $572M |
| Holdings | 174 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
What stands out in IPKW's data
Non-U.S. developed market companies that are buying back their own shares.
Priced below the typical developed-market peer — you pay less for each dollar of earnings.
Its trailing P/E multiple of 13.8x is below the category median of 16.5x, though its EBITDA margin of 19.1% trails the typical peer.
A value tilt for a developed-exposure portfolio, built around companies returning cash to shareholders.
Why did IPKW move this week? It fell 0.7% in the week to September 11, 2026 — Novartis and Meituan Dianping drove it
IPKW fell 0.7% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Meituan Dianping (−3.3%) and Canon (−4.4%); Shell (+3.5%) pushed the other way.
Is IPKW expensive right now? It trades at 13.8 times earnings, against its own median of 10.2
As of September 11, 2026, IPKW is more expensive than 96% of its own 114 monthly readings since 2017 — 110 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside IPKW?
What's inside IPKW: Size (Large 61%, Mid 28%, Small 11%); Geography (International 98%, US 3%); Tech 6.8%; Semiconductors 0.1%.
What are IPKW's top holdings? The ten largest are 45% of the fund
Shell, Mitsubishi, ING Groep, Standard Chartered, Meituan, Societe Generale, Novartis, Shin-Etsu Chemical, Statoil ASA and Vodafone are IPKW's largest holdings, in that order.
More concentrated than 87% of Developed ex-US ETFs.
Half of IPKW's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 36 equally weighted holdings.
Cite this
ETF Copilot, “Invesco International BuyBack Achievers ETF (IPKW) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/ipkw
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