IMFL - ETF AI Analysis

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Invesco International Developed Dynamic Multifactor ETF (IMFL)

Rating:57Neutral

Price Target:―

The Invesco International Developed Dynamic Multifactor ETF (IMFL) has a balanced overall rating, reflecting both strengths and areas for improvement among its holdings. Key contributors include BPER Banca S.p.A., which stands out for its robust financial performance and bullish momentum, and SBI Holdings, which benefits from record revenue growth and undervaluation. However, weaker cash flow management in some holdings, such as Banco BPM S.p.A., and risks like overbought signals in Banca Monte dei Paschi di Siena SPA, may have tempered the fund's overall score. Additionally, the ETF's concentration in financial sector stocks could pose a risk if market conditions shift unfavorably.

Positive Factors

Strong Top Holdings

Several of the ETF's largest positions, such as Nintendo and Safran SA, have delivered strong year-to-date performance, supporting overall returns.

Global Diversification

The ETF has exposure to multiple countries, including Japan, the UK, and France, which helps reduce reliance on any single economy.

Reasonable Expense Ratio

The fund's expense ratio of 0.34% is competitive compared to many actively managed international ETFs, keeping costs manageable for investors.

Negative Factors

Underperforming Holding

SAP SE, one of the top holdings, has shown negative year-to-date performance, which could drag on the fund's overall returns.

Sector Concentration in Industrials

Industrials make up nearly 23% of the portfolio, exposing the ETF to risks if this sector faces challenges.

Limited U.S. Exposure

With only 4% of its geographic allocation in the U.S., the fund may miss out on opportunities in the world's largest economy.

IMFL vs. SPDR S&P 500 ETF (SPY)

AUM658.18M

RegionDeveloped Markets

Expense Ratio0.34%

Beta0.67

IssuerInvesco

Inception DateFeb 24, 2021

Dividend Yield2.12%

Asset ClassEquity

Index TrackedFTSE Developed ex US Invesco Dynamic Multifactor Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume31,009

30 Day Avg. Volume71,458

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

32.23

Price Target Upside― Downside

Rating ConsensusHold

Number of Analyst Covering833

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

IMFL Summary

The Invesco International Developed Dynamic Multifactor ETF (IMFL) is an investment fund that focuses on companies in developed markets outside the U.S., following the FTSE Developed ex US Invesco Dynamic Multifactor Index. It includes well-known companies like Nintendo and Siemens, and spans industries such as industrials, financials, and healthcare. Investors might consider IMFL for diversification, as it provides exposure to international markets and uses strategies like value and momentum to optimize returns. However, new investors should be aware that the ETF’s performance depends on global market conditions, which can be volatile and unpredictable.

How much will it cost me?The Invesco International Developed Dynamic Multifactor ETF (IMFL) has an expense ratio of 0.34%, meaning you’ll pay $3.40 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it uses an actively managed multifactor strategy to optimize returns and manage risk. Passive ETFs typically have lower expense ratios since they track simple indexes without active management.

What would affect this ETF?The IMFL ETF, focused on developed markets outside the U.S., could benefit from positive trends in industrial and financial sectors, which make up a significant portion of its holdings. However, global economic uncertainty, rising interest rates, or unfavorable currency exchange rates could negatively impact its performance, especially given its exposure to international markets. Additionally, regulatory changes or geopolitical tensions in key regions could pose risks to its top holdings like Safran SA and Novartis AG.

IMFL Top 10 Holdings

The IMFL ETF leans heavily into financials, with names like Banco BPM and BPER Banca driving steady gains thanks to strong valuation metrics and bullish momentum. Industrials also play a key role, with Sumitomo Electric Industries rising on robust growth and profitability. However, not all holdings are pulling their weight—Centrica in utilities and SBI Holdings in Japan have been lagging, tempering the fund’s overall performance. With its focus on developed markets outside the U.S., the ETF offers a diverse mix, but its concentration in financials makes it sensitive to sector-specific swings.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BAMI	Banco BPM S.p.A.	0.91%	$6.00M	€18.25B	59.57%	72 Outperform
SAB	Banco de Sabadell	0.83%	$5.45M	€15.82B	71.94%	―
BMPS	Banca Monte dei Paschi di Siena SPA	0.77%	$5.07M	€23.20B	19.32%	69 Neutral
5802	Sumitomo Electric Industries	0.75%	$4.92M	¥5.24T	122.42%	74 Outperform
CNA	Centrica	0.67%	$4.43M	£7.79B	30.75%	65 Neutral
GLE	Societe Generale	0.65%	$4.30M	€41.41B	144.47%	72 Outperform
PRU	Prudential	0.63%	$4.16M	£27.82B	66.90%	70 Outperform
NWG	NatWest Group	0.63%	$4.15M	£50.06B	51.71%	76 Outperform
BPE	BPER Banca S.p.A.	0.60%	$3.98M	€20.63B	73.29%	79 Outperform
8473	SBI Holdings	0.58%	$3.81M	¥2.19T	64.90%	77 Outperform

IMFL Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

28.50

Positive

100DMA

27.91

Positive

200DMA

26.73

Positive

Market Momentum

MACD

0.18

Negative

RSI

60.34

Neutral

STOCH

74.47

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IMFL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 28.77, equal to the 50-day MA of 28.50, and equal to the 200-day MA of 26.73, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 60.34 is Neutral, neither overbought nor oversold. The STOCH value of 74.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IMFL.

IMFL Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IMFL	―	―	$658.18M	0.34%	―
DFSI	―	―	$885.10M	0.24%	―
SEIE	―	―	$789.26M	0.50%	―
TLTD	―	―	$581.97M	0.39%	―
IDHQ	―	―	$530.73M	0.29%	―
FYLD	―	―	$477.86M	0.59%	―

Performance Comparison

IMFL

Invesco International Developed Dynamic Multifactor ETF

29.25

5.03

20.77%

DFSI

Dimensional International Sustainability Core 1 ETF

―

SEIE

SEI Select International Equity ETF

―

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt

―

IDHQ

Invesco S&P International Developed High Quality ETF

―

FYLD

Cambria Foreign Shareholder Yield ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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