Invesco International Dividend Achievers ETF (PID)
NASDAQ (NMS) NASDAQ (NMS) Primary 
XBER 
PID: Unconvincing International Dividend Growth ETF
Invesco International Dividend Achievers ETF (PID) remains rated Sell due to high fees, average performance, and lackluster dividend growth. PID is heavily concentrated in Canadian equities, has uncompelling fundamentals and risk-adjusted performance compared to the international benchmark IXUS. Some competitors offer similar or better risk-adjusted performance with a lower expense ratio.
PID: Lagging Performance, Other International Funds Far Better
I rate PID a sell due to lagging performance, high fees, and weak fundamentals compared to peer international dividend ETFs like VYMI. PID's top holdings suffer from unattractive valuations, high payout ratios, and low growth, weighing down the fund's outlook and dividend sustainability. VYMI stands out with lower fees, higher yield, better diversification, and stronger fundamentals among its top holdings, making it a superior alternative.
PID: This Dividend ETF May Expose Itself To Geopolitical And Sector-Specific Risk
Invesco International Dividend Achievers ETF invests in nearly 50 international dividend growth stocks, but has a high expense ratio of 0.53%. PID has a strong focus on Canadian stocks, especially in energy, communication services, and utilities, introducing geographic concentration risk. PID's performance is comparable to VIGI, but its high sensitivity to interest rates and U.S. trade policies introduces significant risks.
PID: Mostly Canadian Dividend Growth ETF
The Invesco International Dividend Achievers ETF holds about 50 international dividend growth stocks, heavily overweight in Canada and diversified across sectors. PID is attractively valued compared to the S&P 500 but has underperformed both U.S. and ex-U.S. equity benchmarks, and shows higher volatility. PID's historical performance and higher fees make it less appealing compared to other dividend quality ETFs.
PID: Heavy Canadian And Utilities Exposure
Invesco International Dividend Achievers ETF tracks non-US stocks with increasing annual dividend payments for at least five years. The PID fund has a large-cap tilt, with holdings in companies like Atlantica Sustainable Infrastructure PLC and Brookfield Renewable Partners LP. PID has a large allocation to the Utilities sector, with 55% exposure to Canada, but offers access to diversified foreign stocks with dividend growth potential.
