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PGJ - ETF AI Analysis
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Invesco Golden Dragon China Etf (PGJ)
Rating:68Neutral
Price Target:
$35.00
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)
AUM134.96M
RegionAsia-Pacific
Expense Ratio0.70%
Beta0.85
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield2.8%
Asset ClassEquity
Index TrackedNASDAQ Golden Dragon China Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume28,182
30 Day Avg. Volume39,045
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
37.53Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering85
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 |
|---|---|---|---|---|---|---|
| Alibaba | 9.73% | $13.69M | $379.12B | 87.81% | 69 Neutral | |
| Yum China Holdings | 8.69% | $12.23M | $17.19B | -0.06% | 74 Outperform | |
| Baidu | 7.93% | $11.16M | $39.53B | 44.20% | 64 Neutral | |
| JD | 6.97% | $9.81M | $46.22B | -15.79% | 70 Outperform | |
| Tencent Music Entertainment Group | 5.00% | $7.03M | $26.18B | 64.88% | 71 Outperform | |
| NetEase | 4.18% | $5.88M | $85.49B | 63.00% | 81 Outperform | |
| Vipshop | 4.08% | $5.73M | $9.35B | 40.03% | 79 Outperform | |
| Nio | 3.68% | $5.18M | $12.22B | 23.13% | 45 Neutral | |
| Kanzhun Ltd Sponsored | 3.63% | $5.11M | $9.94B | 66.14% | 78 Outperform | |
| KE Holdings Inc. Sponsored ADR Class A | 3.44% | $4.85M | $20.07B | -5.87% | 62 Neutral |
PGJ Technical Analysis
Neutral
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Price Trends
31.97
Negative
30.80
Negative
29.40
Positive
Market Momentum
-0.72
Positive
40.75
Neutral
17.19
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PGJ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 30.86, equal to the 50-day MA of 31.97, and equal to the 200-day MA of 29.40, indicating a neutral trend. The MACD of -0.72 indicates Positive momentum. The RSI at 40.75 is Neutral, neither overbought nor oversold. The STOCH value of 17.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PGJ.
PGJ Peer Comparison
Comparison Results
Performance Comparison
PGJ
Invesco Golden Dragon China Etf
29.76
4.63
18.42%
MCHI
iShares MSCI China ETF
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FLCH
Franklin FTSE China ETF
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ECNS
iShares MSCI China Small-Cap ETF
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FCA
First Trust China AlphaDEX Fund
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CGRO
CoreValues Alpha Greater China Growth ETF
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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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