Invesco International Corporate Bond ETF (PICB)

Key Metrics

TER 0.50% per year

Distribution policy Distributing

Fund size USD 362 M

Inception date June 3, 2010

Holdings 595

Fund currency USD

Fund domicile US

Provider Invesco

For full official fund details, factsheets, and holdings, visit invesco.com (opens in new tab).

Historical Return

Last updated: Jul 01, 2026

1 Year -4.5% +3.4% Div

3 Years (avg.) +2.3% +3.4% Div

5 Years (avg.) -4.5% +3.4% Div

Risk & Analysis Metrics

Last updated: Jul 01, 2026

Volatility

7.26% 1 Year

8.21% 3 Years

9.98% 5 Years

9.87% 10 Years

Max Drawdown

-6.66% 1 Year

-10.47% 3 Years

-37.35% 5 Years

-38.57% 10 Years

Sharpe Ratio

-1.12 1 Year

-0.22 3 Years

-0.83 5 Years

-0.51 10 Years

Return Triangle (Heatmap)

Last updated: Jul 01, 2026

	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
2011	-2.7%	3.9%	2.7%	1.3%	-1.2%	-1.4%	0.7%	-0.6%	0.4%	1.4%	0.5%	-1.7%	-0.8%	-1.1%	-0.3%
2012		11.1%	5.5%	2.7%	-0.8%	-1.1%	1.2%	-0.2%	0.8%	1.9%	0.9%	-1.6%	-0.7%	-1.0%	-0.2%
2013			0.3%	-1.3%	-4.5%	-4.0%	-0.6%	-2.0%	-0.6%	0.8%	-0.2%	-2.8%	-1.7%	-1.9%	-1.0%
2014				-2.8%	-6.7%	-5.4%	-0.8%	-2.5%	-0.7%	0.9%	-0.3%	-3.1%	-1.9%	-2.1%	-1.1%
2015					-10.5%	-6.6%	-0.1%	-2.4%	-0.3%	1.5%	0.1%	-3.1%	-1.8%	-2.1%	-0.9%
2016						-2.5%	5.4%	0.5%	2.4%	4.1%	2.0%	-2.0%	-0.6%	-1.1%	0.1%
2017							14.1%	2.0%	4.2%	5.9%	2.9%	-1.9%	-0.3%	-0.9%	0.4%
2018								-8.8%	-0.5%	3.3%	0.3%	-4.9%	-2.5%	-2.9%	-1.2%
2019									8.6%	9.9%	3.6%	-3.9%	-1.2%	-1.8%	-0.1%
2020										11.2%	1.1%	-7.7%	-3.6%	-3.8%	-1.4%
2021											-8.0%	-15.9%	-8.0%	-7.2%	-3.8%
2022												-23.1%	-8.1%	-7.0%	-2.7%
2023													9.9%	2.3%	5.2%
2024														-4.7%	3.0%
2025															11.3%

Distributions

*by ETF Portfolio Weight Last updated: Jul 01, 2026

Profit Margin Distribution

< 0%

1y 3y N/A N/A

0 - 5%

14%

1y 3y N/A N/A

5 - 10%

1y 3y N/A N/A

10 - 15%

37%

1y 3y N/A N/A

15 - 20%

13%

1y 3y N/A N/A

20 - 30%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

15%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

25%

1y 3y N/A N/A

10 - 15

18%

1y 3y N/A N/A

15 - 20

28%

1y 3y N/A N/A

20 - 25

13%

1y 3y N/A N/A

25 - 35

1y 3y N/A N/A

35 - 50

1y 3y N/A N/A

> 50

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.2%

1y 3y N/A N/A

Small Cap

0.0%

1y 3y N/A N/A

Mid Cap

0.0%

1y 3y N/A N/A

Large Cap

80.5%

1y 3y N/A N/A

Mega Cap

19.2%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Jul 12, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$117B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	2.89%	2.01%
Beta Indicates the relationship between the price performance of a share and the market.	0.8	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	22.75	29.97
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-	-
Profitable Companies	97%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	33.52	16.04
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	2.08	8.54
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	1.46	10.59

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	13.14	20.58
Enterprise Value to Revenue Enterprise value divided by revenue	5.11	8.35
Total Debt to Enterprise Value Total debt divided by enterprise value	0.84	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	2.46	0.26
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	20.74%	21.03%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	+5.7%	-118.0%
Return on Equity Equity divided by market cap.	13.09%	2.68%
Return on Assets Indicates a company's profitability in relation to its total assets.	1.90%	4.06%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	5.57%	3.64%

Sectors

Finance and Insurance	20.9%
Manufacturing	3.7%
Information	3.1%
Mining, Quarrying, and Oil and Gas Extraction	1.1%
Finance	0.8%
Consumer Non-Durables	0.7%
Communications	0.5%
Financial Services	0.4%
Health Technology	0.4%
Transportation and Warehousing	0.4%
Real Estate and Rental and Leasing	0.3%
Technology Services	0.1%
Retail Trade	0.1%
Other	67.5%

Countries

France	23.2%
Canada	17.1%
United Kingdom	15.0%
Netherlands	13.3%
Spain	5.0%
Germany	4.3%
Australia	4.2%
Italy	3.6%
Norway	2.7%
Japan	2.4%
Sweden	2.1%
Luxembourg	1.8%
Denmark	1.3%
Other	0.8%
New Zealand	0.8%
United States	0.6%
Finland	0.6%
Switzerland	0.5%
Hong Kong	0.4%
Singapore	0.2%
Ireland	0.1%
Belgium	0.1%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

Toronto Dominion Bank

TD - Finance and Insurance

Market Cap $203.64B

P/E Ratio 20.1

Dividends 2.5%

Total Investment $2.23M

Weight 0.62%

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Toronto Dominion Bank

TD - Finance and Insurance

Market Cap $203.64B

P/E Ratio 20.1

Dividends 2.5%

Total Investment $2.08M

Weight 0.57%

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Royal Bank Of Canada

RY - Finance and Insurance

Market Cap $293.37B

P/E Ratio 19.4

Dividends 2.1%

Total Investment $2.07M

Weight 0.57%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $2.06M

Weight 0.57%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $2.04M

Weight 0.56%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $2.02M

Weight 0.56%

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Royal Bank Of Canada

RY - Finance and Insurance

Market Cap $293.37B

P/E Ratio 19.4

Dividends 2.1%

Total Investment $1.75M

Weight 0.48%

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Toronto Dominion Bank

TD - Finance and Insurance

Market Cap $203.64B

P/E Ratio 20.1

Dividends 2.5%

Total Investment $1.72M

Weight 0.48%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $1.66M

Weight 0.46%

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Bank Of Nova Scotia

BNS - Finance and Insurance

Market Cap $107.39B

P/E Ratio 17.0

Dividends 3.6%

Total Investment $1.66M

Weight 0.46%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $1.65M

Weight 0.46%

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Royal Bank Of Canada

RY - Finance and Insurance

Market Cap $293.37B

P/E Ratio 19.4

Dividends 2.1%

Total Investment $1.65M

Weight 0.46%

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Toronto Dominion Bank

TD - Finance and Insurance

Market Cap $203.64B

P/E Ratio 20.1

Dividends 2.5%

Total Investment $1.62M

Weight 0.45%

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Bank of Montreal

BMO - Finance and Insurance

Market Cap $125.35B

P/E Ratio 19.4

Dividends 2.6%

Total Investment $1.62M

Weight 0.45%

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Rogers Communications Inc. - Ordinary Shares - Class B

RCI - Information

Market Cap $17.79B

P/E Ratio 3.5

Dividends 4.3%

Total Investment $1.34M

Weight 0.37%

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Credit Agricole S.A. - ADR

CRARY - Finance and Insurance

Market Cap $60.21B

P/E Ratio 7.5

Dividends 6.5%

Total Investment $1.34M

Weight 0.37%

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Equinor ASA - ADR

EQNR - Manufacturing

Market Cap $85.98B

P/E Ratio 15.5

Dividends 4.4%

Total Investment $1.32M

Weight 0.37%

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HSBC Holdings plc - ADR

HSBC - Finance

Market Cap $340.58B

P/E Ratio 16.2

Dividends 3.8%

Total Investment $1.28M

Weight 0.35%

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Commonwealth Bank of Australia - ADR

CMWAY - Finance and Insurance

Market Cap $197.46B

P/E Ratio 27.3

Dividends 2.9%

Total Investment $1.27M

Weight 0.35%

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BNP Paribas - ADR - Level I

BNPQY - Finance and Insurance

Market Cap $126.45B

P/E Ratio 9.5

Dividends 5.1%

Total Investment $1.23M

Weight 0.34%

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Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

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Average metrics of all companies in portfolio

Sectors

Countries

Stock Screener

Toronto Dominion Bank

Toronto Dominion Bank

Toronto Dominion Bank

Toronto Dominion Bank

Royal Bank Of Canada

Royal Bank Of Canada

Bank of Montreal

Bank of Montreal

Bank of Montreal

Bank of Montreal

Bank of Montreal

Bank of Montreal

Royal Bank Of Canada

Royal Bank Of Canada

Toronto Dominion Bank

Toronto Dominion Bank

Bank of Montreal

Bank of Montreal

Bank Of Nova Scotia

Bank Of Nova Scotia

Bank of Montreal

Bank of Montreal

Royal Bank Of Canada

Royal Bank Of Canada

Toronto Dominion Bank

Toronto Dominion Bank

Bank of Montreal

Bank of Montreal

Rogers Communications Inc. - Ordinary Shares - Class B

Rogers Communications Inc. - Ordinary Shares - Class B

Credit Agricole S.A. - ADR

Credit Agricole S.A. - ADR

Equinor ASA - ADR

Equinor ASA - ADR

HSBC Holdings plc - ADR

HSBC Holdings plc - ADR

Commonwealth Bank of Australia - ADR

Commonwealth Bank of Australia - ADR

BNP Paribas - ADR - Level I

BNP Paribas - ADR - Level I

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