Invesco International BuyBack Achievers ETF (IPKW) is a developed ex-US international ETF. As of October 28, 2026, ETF Copilot scores IPKW 3.5 out of 10 — highest on Return (6.7), lowest on Quality (0.9). It trades at 13.6 times earnings, against its own median of 11.4. Its ten largest holdings are 44% of the fund.
What stands out in IPKW's data
Non-U.S. developed market companies that are buying back their own shares.
Trades cheaper than the typical developed-ex-US fund — you pay less for each dollar of earnings.
Trailing P/E multiple of 13.6x is below the 15.8x category median, but its 19.7% EBITDA margin trails the 27.4% norm — the cheap price comes with weaker profitability.
A value tilt for a developed-exposure portfolio, built around companies returning cash to shareholders.
How is IPKW rated? ETF Copilot scores Invesco International BuyBack Achievers ETF (IPKW) 3.5 out of 10
As of October 28, 2026, ETF Copilot scores Invesco International BuyBack Achievers ETF (IPKW) 3.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.5 / 10
- Growth: 1.6 / 10
- Value: 2.5 / 10
- Risk: 5.1 / 10
- Quality: 0.9 / 10
- Return: 6.7 / 10
Is IPKW expensive right now? It trades at 13.6 times earnings, against its own median of 11.4
As of October 28, 2026, IPKW is more expensive than 77% of its own last 9 years.
Trailing 12 months, built from IPKW's holdings. How we calculate this →
What's inside IPKW?
What's inside IPKW: Size (Large 60%, Mid 28%, Small 12%); Geography (International 100%, US 0%); Tech 7.0%; Semiconductors 0.1%.
What are IPKW's top holdings? The ten largest are 44% of the fund
Shell, Mitsubishi, Meituan, ING Groep, Novartis, Standard Chartered, Shin-Etsu Chemical, Societe Generale, Statoil ASA and Honda Motor are IPKW's largest holdings, in that order.
More concentrated than 85% of Developed ex-US ETFs.
Half of IPKW's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 36 equally weighted holdings.
What is IPKW's expense ratio? 0.55% a year
As of October 28, 2026, IPKW charges 0.55% a year, yields 3.36% and holds $553M in assets across 174 positions.
| Measure | IPKW |
|---|---|
| Expense ratio | 0.55% |
| Dividend yield | 3.36% |
| Assets under management | $553M |
| 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.
Cite this
ETF Copilot, “Invesco International BuyBack Achievers ETF (IPKW) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/ipkw
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