A side-by-side comparison of Invesco International BuyBack Achievers ETF (IPKW) and JPMorgan International Value ETF (JIVE) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IPKW | JIVE |
|---|---|---|
| YTD Return | +2.40%✓ | +0.74% |
| 1-Day Change | -1.37% | -0.95%✓ |
| 1-Week Change | -1.94%✓ | -2.30% |
| 1-Month Change | -3.35% | -3.68%✓ |
| Current Price | $58.50 | $94.32 |
| AUM | $551M | $4.08B✓ |
| MER (Expense Ratio) | 0.55% | 0.55% |
| Dividend Yield | 3.37%✓ | 1.86% |
| Distribution Frequency | NA | — |
| Inception Date | 2014-02-27 | 2023-09-13 |
| Holdings Count | 50 | 50 |
| MorningStar Rating | ★★★★ | — |
| Category | Foreign Large Value | Foreign Large Value |
| Beta | 0.68 | 0.00 |
| 52-Week High | $61.91 | $100.21 |
| 52-Week Low | $49.17 | $71.61 |
| 50-Day MA | $60.70 | $97.13 |
| 200-Day MA | $58.30 | $90.62 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IPKW | JIVE |
|---|---|---|
| YTD | +2.40%✓ | +0.74% |
| 1 Year | +18.73% | +34.54%✓ |
| 3 Year | +23.82% | +28.88%✓ |
| 5 Year | +11.47% | — |
| 10 Year | +11.32% | — |
| 1Y Volatility | 12.53% | 13.78% |
| Sharpe Ratio (3Y) | 1.42 | — |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | SHEL | Shell plc | 5.75% |
| 2 | INGA | ING Groep NV | 5.34% |
| 3 | 8058 | Mitsubishi Corp. | 5.33% |
| 4 | STAN | Standard Chartered PLC | 5.17% |
| 5 | 3690 | Meituan | 4.80% |
| 6 | NOVN | Novartis AG | 4.35% |
| 7 | GLE | Societe Generale S.A. | 4.30% |
| 8 | 4063 | Shin-Etsu Chemical Co. Ltd. | 3.79% |
| 9 | EQNR | Equinor ASA | 3.11% |
| 10 | VOD | Vodafone Group PLC | 2.93% |
| 1 | SSNLF | Samsung Electronics Co Ltd | 3.86% |
| 2 | 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 2.54% |
| 3 | SHEL | Shell plc | 1.59% |
| 4 | NESN | Nestle S.A. | 1.45% |
| 5 | 8640 | Toronto Dominion Bank | 1.35% |
| 6 | ROP | Roche Holding AG | 1.32% |
| 7 | HSBA | HSBC Holdings PLC | 1.32% |
| 8 | NOVN | Novartis AG | 1.10% |
| 9 | BBVA | Banco Bilbao Vizcaya Argentaria SA | 1.04% |
| 10 | RY | Royal Bank of Canada | 1.04% |
Sector Weights
| Sector | IPKW | JIVE |
|---|---|---|
| Basic Materials | 8.04% | 4.92% |
| Communication Services | 5.09% | 4.20% |
| Consumer Cyclicals | 13.31% | 6.31% |
| Consumer Defensive | 4.80% | 4.93% |
| Energy | 11.24% | 10.57% |
| Financial Services | 26.79% | 38.84% |
| Healthcare | 4.88% | 5.31% |
| Industrials | 18.41% | 10.31% |
| Real Estate | 0.29% | 1.92% |
| Technology | 4.93% | 10.88% |
| Utilities | 2.22% | 1.81% |
About IPKW
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (Nasdaq or the index provider) compiles, maintains, and calculates the underlying index, which is comprised of the securities of foreign companies that are classified as International BuyBack AchieversTM pursuant to the index provider's proprietary selection methodology. It is non-diversified.
About JIVE
The fund invests primarily in equity securities and equity-related instruments of foreign companies, including foreign subsidiaries of U.S. companies. The fund may invest in issuers located in both developed foreign and emerging market countries. Developed foreign countries include Australia, Canada, Israel, Japan, New Zealand, Singapore, the United Kingdom, most of the countries of Western Europe and Hong Kong; emerging market countries include most of the other countries in the world.
Which ETF is Right for You?
Both IPKW and JIVE are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, IPKW scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IPKW and JIVE?
IPKW (Invesco International BuyBack Achievers ETF) and JIVE (JPMorgan International Value ETF) are both Canadian-listed ETFs. Key differences include their AUM ($551M vs $4.08B), dividend yield (3.37% vs 1.86%), and year-to-date performance (+2.40% vs +0.74%).
Is IPKW better than JIVE?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, IPKW has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy IPKW and JIVE on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IPKW and JIVE should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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