IMFL - ETF AI Analysis

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Invesco International Developed Dynamic Multifactor ETF (IMFL)

Rating:56Neutral

Price Target:―

IMFL, the Invesco International Developed Dynamic Multifactor ETF, has a solid but not top-tier rating, reflecting a mix of strong financial performers and some areas of caution. Standout holdings like BPER Banca, NatWest Group, Sumitomo Electric, and Evolution Mining support the fund’s rating through robust financial results, attractive valuations, and generally positive technical trends, though some face issues like stretched valuations or overbought signals. Several major bank holdings and Centrica introduce added risk through cash flow challenges, profitability volatility, and mixed technical signals, and the ETF is notably concentrated in financials, which can increase sensitivity to banking-sector conditions.

Positive Factors

Recent Performance Momentum

The ETF has shown solid gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Broad International Diversification

Holdings spread across many developed markets, with notable exposure to Japan, the UK, and several European and Asia-Pacific countries, help reduce reliance on any single country.

Supportive Size and Cost

The fund has gathered a sizable asset base and charges a moderate expense ratio, which can help with trading liquidity while keeping ongoing costs reasonable.

Negative Factors

Heavy Tilt Toward Financials

A large share of the portfolio is in financial stocks, which increases sensitivity to interest rates, credit conditions, and banking sector stress.

Mixed Top Holding Performance

Several of the largest positions, particularly some European banks, have shown weak year-to-date performance, which can drag on overall returns.

Concentration in Japan and Developed Markets

The fund’s sizable weight in Japan and focus on developed markets means investors get limited exposure to faster-growing emerging economies and are more exposed to conditions in a few key regions.

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

AUM748.20M

RegionDeveloped Markets

Expense Ratio0.34%

Beta0.66

IssuerInvesco

Inception DateFeb 24, 2021

Dividend Yield2.51%

Asset ClassEquity

Index TrackedFTSE Developed ex US Invesco Dynamic Multifactor Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume76,230

30 Day Avg. Volume46,534

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

36.58

Price Target Upside― Downside

Rating ConsensusHold

Number of Analyst Covering837

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

IMFL Summary

IMFL is the Invesco International Developed Dynamic Multifactor ETF, which follows the FTSE Developed ex US Invesco Dynamic Multifactor Index. It invests in many companies from developed countries outside the U.S., with big exposure to Japan, the UK, and Europe. The fund tilts toward financial and industrial companies, including names like Societe Generale and NatWest Group. It aims to spread your money across many stocks and regions, which can help with diversification and long-term growth. A key risk is that it can rise or fall with international stock markets and foreign currencies.

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

IMFL is leaning heavily on European and U.K. financials, with names like Societe Generale, NatWest, BPER Banca, and Prudential doing much of the heavy lifting as their shares have been steadily rising in recent months. Evolution Mining has also been a bright spot, adding some shine from the materials side. On the flip side, Italian and Spanish banks such as Banco BPM and Banco de Sabadell have been lagging, acting as a bit of a brake. With holdings spread across developed markets outside the U.S., the fund is globally diversified but clearly bank-heavy.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
5802	Sumitomo Electric Industries	0.84%	$6.27M	¥6.81T	155.80%	74 Outperform
BAMI	Banco BPM S.p.A.	0.83%	$6.18M	€19.14B	42.87%	72 Outperform
BMPS	Banca Monte dei Paschi di Siena SPA	0.77%	$5.73M	€26.69B	38.84%	69 Neutral
SAB	Banco de Sabadell	0.72%	$5.32M	€16.38B	34.02%	―
7012	Kawasaki Heavy Industries	0.68%	$5.06M	¥3.06T	83.47%	70 Outperform
GLE	Societe Generale	0.67%	$4.97M	€48.65B	97.95%	72 Outperform
CNA	Centrica	0.66%	$4.92M	£8.62B	39.18%	66 Neutral
BPE	BPER Banca S.p.A.	0.64%	$4.75M	€24.98B	97.09%	79 Outperform
EVN	Evolution Mining	0.61%	$4.53M	AU$30.42B	170.99%	77 Outperform
5801	Furukawa Electric Co	0.60%	$4.45M	¥1.51T	82.43%	73 Outperform

IMFL Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

30.76

Positive

100DMA

29.43

Positive

200DMA

28.03

Positive

Market Momentum

MACD

0.89

Negative

RSI

74.60

Negative

STOCH

92.04

Negative

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 32.28, equal to the 50-day MA of 30.76, and equal to the 200-day MA of 28.03, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 74.60 is Negative, neither overbought nor oversold. The STOCH value of 92.04 is Negative, 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	―	―	$748.20M	0.34%	―
SEIE	―	―	$968.06M	0.50%	―
IDHQ	―	―	$671.24M	0.29%	―
TLTD	―	―	$649.79M	0.39%	―
FYLD	―	―	$571.87M	0.59%	―
AVSD	―	―	$457.59M	0.23%	―

Performance Comparison

IMFL

Invesco International Developed Dynamic Multifactor ETF

33.92

9.38

38.22%

SEIE

SEI Select International Equity ETF

―

IDHQ

Invesco S&P International Developed High Quality ETF

―

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt

―

FYLD

Cambria Foreign Shareholder Yield ETF

―

AVSD

Avantis Responsible International Equity 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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