PGJ - ETF AI Analysis
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Invesco Golden Dragon China Etf (PGJ)
Rating:67Neutral
Price Target:―
Positive Factors
Standout High Performer in Top Holdings
One of the larger positions has delivered very strong gains this year, helping offset weakness in other stocks.
Consumer and Internet-Focused Exposure
Heavy weights in consumer cyclical and communication services give investors targeted exposure to Chinese internet, e-commerce, and consumer growth themes.
Recent Short-Term Rebound
Despite weak results so far this year, the ETF has shown a recent uptick over the past month, suggesting some short-term recovery in sentiment.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee reduces the net return that investors keep compared with lower-cost ETFs.
Broad Year-to-Date Weakness
The ETF’s overall performance this year has been negative, with many of its major holdings showing weak or lagging returns.
Concentrated Sector and Geographic Risk
With most assets tied to U.S.-listed Chinese companies and heavily tilted toward a few consumer and communication sectors, the fund is sensitive to both sector-specific and China-related market swings.
PGJ vs. SPDR S&P 500 ETF (SPY)
AUM95.92M
RegionAsia-Pacific
Expense Ratio0.70%
Beta0.85
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield3.08%
Asset ClassEquity
Index TrackedNASDAQ Golden Dragon China Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume25,685
30 Day Avg. Volume28,176
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
31.99Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering69
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PGJ Summary
The Invesco Golden Dragon China ETF (PGJ) follows the NASDAQ Golden Dragon China Index and focuses on U.S.-listed companies that earn most of their money from China. It holds a mix of consumer, tech, and communication businesses, including well-known names like Alibaba and JD.com. Investors might consider PGJ if they want simple, one-stop exposure to China’s growth and to diversify beyond the U.S. market. However, this ETF can be volatile and is heavily tied to the Chinese economy and policy changes, so its price can go up and down sharply.
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
PGJ is essentially a bet on China’s consumer and internet story, with heavy exposure to names like JD.com and Yum China, which have been rising recently and helping to prop up returns. Alibaba and Baidu, once market darlings, are losing steam, with weaker multi-month trends that weigh on the fund’s overall momentum. NetEase and Kanzhun add more tech and online services flavor, but their mixed performance keeps the ride bumpy. While all holdings are U.S.-listed, the economic exposure is firmly rooted in China’s consumer and digital economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| JD | 8.93% | $8.58M | $43.38B | 1.42% | 70 Outperform | |
| Yum China Holdings | 8.64% | $8.30M | $15.90B | -1.74% | 78 Outperform | |
| Alibaba | 7.41% | $7.11M | $273.84B | -2.00% | 68 Neutral | |
| NetEase | 6.62% | $6.36M | $81.24B | -0.54% | 81 Outperform | |
| Baidu | 6.22% | $5.98M | $35.81B | 22.49% | 64 Neutral | |
| Highest Performances Holdings | 4.20% | $4.04M | $7.56B | 378.12% | 49 Neutral | |
| Full Truck Alliance | 4.04% | $3.88M | $9.64B | -16.10% | 66 Neutral | |
| Kanzhun Ltd Sponsored | 4.00% | $3.84M | $7.35B | -15.93% | 78 Outperform | |
| Vipshop | 3.99% | $3.83M | $7.14B | 0.20% | 81 Outperform | |
| New Oriental Education Tech | 3.89% | $3.74M | $8.22B | 32.03% | 70 Outperform |
PGJ Technical Analysis
Positive
―
Price Trends
24.18
Positive
25.40
Negative
27.58
Negative
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PGJ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.85, equal to the 50-day MA of 24.18, and equal to the 200-day MA of 27.58, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PGJ.
PGJ Peer Comparison
Comparison Results
Performance Comparison
PGJ
Invesco Golden Dragon China Etf
25.09
-3.20
-11.31%
MCHI
iShares MSCI China ETF
―
―
―
FXI
iShares China Large-Cap ETF
―
―
―
GSJY
Goldman Sachs ActiveBeta Japan Equity ETF
―
―
―
ECNS
iShares MSCI China Small-Cap ETF
―
―
―
FCA
First Trust China AlphaDEX Fund
―
―
―
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.
DisclaimerThis 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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