A side-by-side comparison of Invesco International BuyBack Achievers ETF (IPKW) and PID (PID) 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 | PID |
|---|---|---|
| YTD Return | +2.40%✓ | -29.94% |
| 1-Day Change | -1.37%✓ | -36.07% |
| 1-Week Change | -1.94%✓ | -37.32% |
| 1-Month Change | -3.35%✓ | -38.42% |
| Current Price | $58.50 | $21.25 |
| AUM | $551M | — |
| MER (Expense Ratio) | 0.55% | — |
| Dividend Yield | 3.37% | — |
| Distribution Frequency | NA | — |
| Inception Date | 2014-02-27 | — |
| Holdings Count | 50 | — |
| MorningStar Rating | ★★★★ | — |
| Category | Foreign Large Value | — |
| Beta | 0.68 | — |
| 52-Week High | $61.91 | — |
| 52-Week Low | $49.17 | — |
| 50-Day MA | $60.70 | — |
| 200-Day MA | $58.30 | — |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IPKW | PID |
|---|---|---|
| YTD | +2.40%✓ | -29.94% |
| 1 Year | +18.73% | — |
| 3 Year | +23.82% | — |
| 5 Year | +11.47% | — |
| 10 Year | +11.32% | — |
| 1Y Volatility | 12.53% | — |
| Sharpe Ratio (3Y) | 1.42 | — |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | IPKW | PID |
|---|---|---|
| Basic Materials | 8.04% | — |
| Communication Services | 5.09% | — |
| Consumer Cyclicals | 13.31% | — |
| Consumer Defensive | 4.80% | — |
| Energy | 11.24% | — |
| Financial Services | 26.79% | — |
| Healthcare | 4.88% | — |
| Industrials | 18.41% | — |
| Real Estate | 0.29% | — |
| Technology | 4.93% | — |
| Utilities | 2.22% | — |
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 PID
PID (PID.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
Which ETF is Right for You?
Both IPKW and PID 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 PID?
IPKW (Invesco International BuyBack Achievers ETF) and PID (PID) are both Canadian-listed ETFs. Key differences include their AUM ($551M vs —), dividend yield (3.37% vs N/A), and year-to-date performance (+2.40% vs -29.94%).
Is IPKW better than PID?
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 PID on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IPKW and PID should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report