Published on 29 May 2024 on Zacks via Yahoo Finance
Designed to provide broad exposure to the Broad Emerging Market ETFs category of the market, the Invesco FTSE RAFI Emerging Markets ETF (PXH) is a smart beta exchange traded fund launched on 09/27/2007.
What Are Smart Beta ETFs?
For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.