Invesco Golden Dragon China ETF (PGJ) is a China-focused ETF. As of October 9, 2026, ETF Copilot scores PGJ 3.7 out of 10 — highest on Value (9.8), lowest on Return (0.1). It trades at 11.1 times earnings, against its own median of 15.5. Its ten largest holdings are 57% of the fund.
What stands out in PGJ's data
U.S.-listed Chinese firms, weighted by market size.
Priced at a deep discount to its own history and to peers — you pay far less for each dollar of earnings.
Trailing EBITDA multiple of 6.4x sits below the category median of 8.0x and well under its own 11.0x historical median. Holdings: 65.
A deep-value tilt on China exposure, priced for a recovery that hasn't arrived yet.
Why did PGJ move this week? It rose 4.4% in the week to October 9, 2026 — YUM China and JD.com drove it
PGJ rose 4.4% in the week to October 9, 2026. The holdings that moved it most were YUM China (+7.4%), JD.com (+5.1%) and Alibaba (+5.2%); Maase (−15.6%) pushed the other way.
How is PGJ rated? ETF Copilot scores Invesco Golden Dragon China ETF (PGJ) 3.7 out of 10
As of October 9, 2026, ETF Copilot scores Invesco Golden Dragon China ETF (PGJ) 3.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.7 / 10
- Growth: 7.1 / 10
- Value: 9.8 / 10
- Risk: 0.5 / 10
- Quality: 1.0 / 10
- Return: 0.1 / 10
Is PGJ expensive right now? It trades at 11.1 times earnings, against its own median of 15.5
As of October 9, 2026, PGJ is cheaper than 98% of its own last 8 years.
Trailing 12 months, built from PGJ's holdings. How we calculate this →
What's inside PGJ? 21% Tech
What's inside PGJ: Size (Large 24%, Mid 52%, Small 24%); Geography (International 100%, US 0%); Tech 21.0%; Semiconductors 0.6%.
What are PGJ's top holdings? The ten largest are 57% of the fund
JD.com, YUM China, Alibaba, Netease, Baidu, NEW Oriental Education & Technology, Full Truck Alliance, Vipshop, Huazhu and Kanzhun are PGJ's largest holdings, in that order.
More concentrated than 68% of China ETFs.
Half of PGJ's weight sits in its 9 largest positions, and once those weights are taken into account it behaves like 22 equally weighted holdings.
What is PGJ's expense ratio? 0.70% a year
As of October 9, 2026, PGJ charges 0.70% a year, yields 1.94% and holds $82M in assets across 65 positions.
| Measure | PGJ |
|---|---|
| Expense ratio | 0.70% |
| Dividend yield | 1.94% |
| Assets under management | $82M |
| Holdings | 65 |
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 Golden Dragon China ETF (PGJ) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/pgj
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