“As of April 4, 2016, the $670 million fund owned 100 stocks, of which 78 were large-cap, eight were mid-cap and 14 were small-cap. The fund is geographically diversified, with its largest weightings being in Canada and the United Kingdom. The fund suffered a particularly bad year in 2015, losing 19.33%. Year-to-date (YTD), as of April 2016, the fund was up 0.94%. Over the last 10 years, the fund returned 1.51% with an expense ratio of 0.55%,” according to Investopedia.
PID offers ample exposure to many of the blue-chip laden sectors dividend investors favor when mining for U.S. income stocks. That includes over 27% of the ETF’s weight going to the energy sector. That cuts both ways. PID’s energy exposure gives the ETF leverage to a recovery in that beaten up sector, but it also makes the ETF vulnerable in the event of further oil price declines.
Financial services and materials names combine for over a third of PID’s weight. The ETF’s emerging markets exposure is light with India and Russia combining for 5.6% of PID’s geographic lineup.
PowerShares International Dividend Achievers Portfolio