PGJ - ETF AI Analysis
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Invesco Golden Dragon China Etf (PGJ)
Rating:67Neutral
Price Target:―
Positive Factors
Leading Chinese Consumer and Tech Names
The ETF’s largest positions include several well-known Chinese consumer and technology companies, some of which have shown strong recent gains that can help support overall returns.
Sector Diversification Within China
Holdings spread across consumer, communication services, technology, financials, and other sectors help reduce the impact if any single industry in China struggles.
Recent Short-Term Performance Uptick
The fund has shown a solid rebound over the past month, suggesting improving short-term momentum despite weaker results over longer recent periods.
Negative Factors
High Expense Ratio
The ETF charges relatively high annual fees, which can eat into returns over time compared with lower-cost alternatives.
Mixed Performance Among Top Holdings
Several of the largest positions have delivered weak or lagging results this year, which has weighed on the fund’s overall performance.
Concentrated Exposure to Chinese Consumer Cyclical Stocks
A large share of the portfolio is tied to economically sensitive Chinese consumer companies, increasing the fund’s vulnerability to slowdowns or policy changes affecting consumer spending in China.
PGJ vs. SPDR S&P 500 ETF (SPY)
AUM91.46M
RegionAsia-Pacific
Expense Ratio0.70%
Beta0.89
IssuerInvesco
Inception DateDec 09, 2004
Dividend Yield3.35%
Asset ClassEquity
Index TrackedNASDAQ Golden Dragon China Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume29,302
30 Day Avg. Volume26,409
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
33.12Price 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) tracks the NASDAQ Golden Dragon China Index, which focuses on U.S.-listed companies that make most of their money in China. It holds a mix of consumer, tech, and communication companies, including well-known names like Alibaba and Baidu. Someone might invest in PGJ to seek growth from China’s expanding economy and to add international diversification to a U.S.-heavy portfolio. However, this ETF can be volatile and is heavily tied to the Chinese market, so its price can swing sharply with changes in China’s economy, regulations, and overall market sentiment.
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 heavily tilted toward Chinese consumer and internet names, so a few big players are steering the ship. Alibaba, JD, and Baidu have been losing steam, with their recent slide putting noticeable pressure on the fund. Yum China and H World Group are also lagging, adding to the drag from the consumer side. On the brighter side, NetEase has been relatively steady, while Highest Performances Holdings has been a rare bright spot, rising sharply. Overall, this is a China-focused, U.S.-listed tech-and-consumer story, not a globally diversified mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Yum China Holdings | 8.47% | $7.51M | $14.99B | -5.53% | 78 Outperform | |
| JD | 7.77% | $6.89M | $38.10B | -14.47% | 70 Outperform | |
| Baidu | 7.43% | $6.58M | $39.39B | 32.66% | 64 Neutral | |
| NetEase | 7.20% | $6.38M | $75.88B | -6.72% | 81 Outperform | |
| Alibaba | 6.80% | $6.02M | $256.89B | -7.18% | 68 Neutral | |
| H World Group | 4.04% | $3.58M | $12.99B | 23.97% | 74 Outperform | |
| Nio | 3.97% | $3.52M | $12.89B | 47.23% | 45 Neutral | |
| Vipshop | 3.85% | $3.41M | $6.41B | -9.50% | 81 Outperform | |
| Full Truck Alliance | 3.74% | $3.32M | $8.09B | -33.47% | 66 Neutral | |
| Kanzhun Ltd Sponsored | 3.51% | $3.11M | $6.37B | -23.19% | 78 Outperform |
PGJ Technical Analysis
Negative
―
Price Trends
25.20
Negative
26.21
Negative
28.39
Negative
Market Momentum
-0.79
Negative
37.91
Neutral
60.23
Neutral
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 23.52, equal to the 50-day MA of 25.20, and equal to the 200-day MA of 28.39, indicating a bearish trend. The MACD of -0.79 indicates Negative momentum. The RSI at 37.91 is Neutral, neither overbought nor oversold. The STOCH value of 60.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PGJ.
PGJ Peer Comparison
Comparison Results
Performance Comparison
PGJ
Invesco Golden Dragon China Etf
22.83
-5.29
-18.81%
FXI
iShares China Large-Cap ETF
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FLAU
Franklin FTSE Australia ETF
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GSJY
Goldman Sachs ActiveBeta Japan Equity 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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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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