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Invesco Golden Dragon China ETF (PGJ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US73935X4016

CUSIP

73935X401

Issuer

Invesco

Inception Date

Dec 9, 2004

Region

Emerging Asia Pacific (China)

Leveraged

1x

Index Tracked

Halter USX China Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

PGJ has an expense ratio of 0.70%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Invesco Golden Dragon China ETF (PGJ) returned 10.89% year-to-date (YTD) and 11.28% over the past 12 months. Over the past 10 years, PGJ returned -0.24% annually, underperforming the S&P 500 benchmark at 10.77%.


PGJ

YTD

10.89%

1M

14.03%

6M

13.24%

1Y

11.28%

5Y*

-5.14%

10Y*

-0.24%

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of PGJ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20254.43%8.60%0.03%-8.98%7.38%10.89%
2024-14.18%12.35%-2.07%1.46%2.73%-9.32%-1.35%-0.77%30.30%-4.75%-3.28%0.98%5.91%
202318.15%-11.03%3.43%-9.77%-8.77%9.31%20.32%-10.39%-5.26%-6.61%3.96%0.65%-2.36%
2022-5.07%-4.85%-12.08%-4.97%2.80%15.39%-10.86%6.23%-17.58%-24.99%41.78%1.60%-24.51%
20218.92%7.29%-14.92%-0.14%-5.41%2.08%-22.24%-1.60%-9.95%5.05%-5.48%-12.89%-42.87%
2020-2.98%0.55%-6.97%7.46%5.36%14.68%5.37%4.26%-1.86%2.58%7.88%9.70%54.24%
201916.89%7.00%2.59%4.18%-18.60%9.19%-3.13%1.19%-2.82%6.66%3.46%5.84%32.18%
20189.32%-1.90%-4.01%-1.37%5.05%-3.69%-5.30%-8.14%-3.50%-12.89%2.74%-8.68%-29.51%
20178.46%5.26%4.14%4.85%7.32%-0.86%12.54%0.66%1.46%-1.23%0.91%5.47%60.27%
2016-12.34%-3.06%7.40%1.45%-2.82%-4.41%5.20%6.40%5.04%-2.71%-3.04%-7.14%-11.44%
20151.47%-0.78%6.21%12.89%0.33%-0.37%-9.04%-14.04%-1.91%19.86%5.17%1.64%18.57%
2014-3.69%10.10%-6.41%-8.31%5.40%6.79%0.58%5.14%-8.06%4.23%-1.60%-9.32%-7.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PGJ is 36, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PGJ is 3636
Overall Rank
The Sharpe Ratio Rank of PGJ is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of PGJ is 4848
Sortino Ratio Rank
The Omega Ratio Rank of PGJ is 4141
Omega Ratio Rank
The Calmar Ratio Rank of PGJ is 2727
Calmar Ratio Rank
The Martin Ratio Rank of PGJ is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Golden Dragon China ETF (PGJ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Invesco Golden Dragon China ETF Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: 0.30
  • 5-Year: -0.11
  • 10-Year: -0.01
  • All Time: 0.14

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Invesco Golden Dragon China ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Invesco Golden Dragon China ETF provided a 4.50% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.30$1.23$0.65$0.23$0.00$0.20$0.07$0.10$0.92$0.56$0.12$0.25

Dividend yield

4.50%4.70%2.50%0.84%0.00%0.31%0.17%0.31%2.05%1.94%0.37%0.89%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Golden Dragon China ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.07$0.00$0.00$0.07
2024$0.00$0.00$0.00$0.00$0.00$1.01$0.00$0.00$0.15$0.00$0.00$0.07$1.23
2023$0.00$0.00$0.02$0.00$0.00$0.09$0.00$0.00$0.14$0.00$0.00$0.40$0.65
2022$0.00$0.00$0.00$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.08$0.23
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.09$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.08$0.20
2019$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.02$0.00$0.00$0.00$0.07
2018$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.07$0.00$0.00$0.00$0.10
2017$0.00$0.00$0.00$0.00$0.00$0.20$0.00$0.00$0.11$0.00$0.00$0.61$0.92
2016$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$0.48$0.56
2015$0.00$0.00$0.00$0.00$0.00$0.09$0.00$0.00$0.03$0.00$0.00$0.00$0.12
2014$0.13$0.00$0.00$0.04$0.00$0.00$0.08$0.25

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Golden Dragon China ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Golden Dragon China ETF was 78.37%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Invesco Golden Dragon China ETF drawdown is 62.80%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-78.37%Feb 17, 2021426Oct 24, 2022
-71.37%Nov 1, 2007267Nov 20, 20081648Jun 11, 20151915
-39.55%Jan 29, 2018235Jan 3, 2019377Jul 2, 2020612
-31.74%Jun 15, 201574Sep 28, 2015396Apr 25, 2017470
-20.75%May 9, 200625Jun 13, 2006108Nov 14, 2006133

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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