PGJ - ETF AI Analysis

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Invesco Golden Dragon China Etf (PGJ)

Rating:67Neutral

Price Target:―

The ETF PGJ, which focuses on Chinese companies, has a solid overall rating driven by strong contributions from holdings like Yum China Holdings and Vipshop. Yum China benefits from robust financial performance and fair valuation, while Vipshop adds value with its attractive valuation and growth in customer base. However, weaker holdings like Baidu, which faces challenges in operational efficiency and revenue growth, slightly weigh on the fund's rating. A key risk factor is the ETF's concentration in the Chinese market, which may expose it to regional economic and regulatory uncertainties.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid gains so far this year, indicating positive momentum.

Consumer Cyclical Leadership

The fund’s largest sector exposure, Consumer Cyclical, includes strong-performing companies like Alibaba and Tencent Music.

Focused Exposure to Growth Industries

The ETF emphasizes high-growth sectors like Consumer Cyclical, Communication Services, and Technology, which can drive long-term returns.

Negative Factors

High Geographic Concentration

Nearly all of the fund’s exposure is tied to U.S.-listed Chinese companies, limiting diversification across global markets.

Mixed Performance Among Top Holdings

Some major holdings, such as Yum China and JD, have underperformed year-to-date, dragging on overall results.

Above-Average Expense Ratio

The ETF’s expense ratio is higher than many alternatives, which can reduce net returns for investors over time.

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

AUM135.30M

RegionAsia-Pacific

Expense Ratio0.70%

Beta0.86

IssuerInvesco

Inception DateDec 09, 2004

Dividend Yield2.89%

Asset ClassEquity

Index TrackedNASDAQ Golden Dragon China Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume21,664

30 Day Avg. Volume31,113

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

36.70

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering84

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

PGJ Summary

The Invesco Golden Dragon China ETF (PGJ) is an investment fund that focuses on U.S.-listed companies earning significant revenue from China. It includes a mix of sectors like consumer goods, technology, and communication services, with well-known companies such as Alibaba and Yum China Holdings among its top holdings. This ETF is a way to invest in China's growing economy and diversify your portfolio with international exposure. However, new investors should know that its performance is closely tied to the Chinese market, which can be volatile and influenced by political or economic changes.

How much will it cost me?The Invesco Golden Dragon China ETF (PGJ) has an expense ratio of 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on a niche market with specialized exposure to U.S.-listed companies tied to China. Active management typically involves higher costs due to research and strategy implementation.

What would affect this ETF?The Invesco Golden Dragon China ETF (PGJ) could benefit from China's economic growth and innovation, particularly in sectors like consumer cyclical, communication services, and technology, which make up a significant portion of its holdings. However, potential risks include regulatory changes in China, geopolitical tensions, and global economic slowdowns, which could negatively impact the performance of its top holdings like Alibaba and Baidu. Additionally, fluctuations in interest rates or currency values may influence investor sentiment toward international investments.

PGJ Top 10 Holdings

The Invesco Golden Dragon China ETF (PGJ) leans heavily on consumer cyclical and communication services sectors, with tech playing a smaller but notable role. Alibaba and Baidu are steady performers, buoyed by growth in AI and cloud initiatives, though valuation concerns linger. Yum China adds stability with its strong positioning in the restaurant industry, while JD and Tencent Music are lagging, with bearish momentum weighing on their contributions. The fund’s focus on U.S.-listed Chinese companies offers a dynamic but mixed ride, reflecting both the promise and challenges of China’s evolving market landscape.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BABA	Alibaba	9.17%	$12.29M	$353.75B	73.05%	68 Neutral
YUMC	Yum China Holdings	8.99%	$12.05M	$17.12B	-1.93%	78 Outperform
BIDU	Baidu	8.19%	$10.98M	$41.21B	35.26%	64 Neutral
JD	JD	7.07%	$9.47M	$41.38B	-21.51%	70 Outperform
TME	Tencent Music Entertainment Group	4.92%	$6.59M	$24.87B	49.79%	71 Outperform
VIPS	Vipshop	4.22%	$5.66M	$9.44B	42.49%	81 Outperform
NTES	NetEase	4.14%	$5.54M	$83.26B	46.42%	81 Outperform
YMM	Full Truck Alliance	3.63%	$4.87M	$11.85B	3.30%	66 Neutral
BZ	Kanzhun Ltd Sponsored	3.62%	$4.85M	$9.59B	48.68%	78 Outperform
HTHT	H World Group	3.58%	$4.80M	$14.13B	44.84%	74 Outperform

PGJ Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

30.82

Negative

100DMA

30.90

Negative

200DMA

29.47

Negative

Market Momentum

MACD

-0.42

Positive

RSI

34.60

Neutral

STOCH

4.55

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PGJ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 29.67, equal to the 50-day MA of 30.82, and equal to the 200-day MA of 29.47, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 34.60 is Neutral, neither overbought nor oversold. The STOCH value of 4.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PGJ.

PGJ Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PGJ	―	―	$135.30M	0.70%	―
MCHI	―	―	$7.90B	0.59%	―
FLCH	―	―	$276.01M	0.19%	―
ECNS	―	―	$101.15M	0.59%	―
FCA	―	―	$59.25M	0.80%	―
CGRO	―	―	$2.08M	0.75%	―

Performance Comparison

PGJ

Invesco Golden Dragon China Etf

28.88

3.28

12.81%

MCHI

iShares MSCI China ETF

―

FLCH

Franklin FTSE China ETF

―

ECNS

iShares MSCI China Small-Cap ETF

―

FCA

First Trust China AlphaDEX Fund

―

CGRO

CoreValues Alpha Greater China Growth 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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