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PICB ETF · Invesco International Corporate Bond ETF
The PICB Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: S&P International Corporate Bond Index. The PICB ETF provides physical exposure, so by buying it you actually own parts of all the 590 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Today at 1:30 PM UTC
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This fund is part ofIntl IG Bonds1M perf.+0.74%
Last price
$23.16
1M perf.
-1.85%
1M flows
+€3M
AuM
€309M
TER
0.5%
Rating
PICB
$23.16
Performance & flows
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March 30, 2026 → June 29, 2026
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PICB
$23.16
+2.06%
Intl IG Bonds
+1.66%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -1.85%  | +2.06%  | -0.42% | +17.93%  | -9.47% | -1.85% | +1.66% | -1.36% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
6/29/2026
$23.16
1D NAV change
+0.22%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
590
Inception date
6/3/2010
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Invesco International Corporate Bond ETF (Fund) is based on the S&P International Corporate Bond Index® (Index). The Fund will normally invest at least 80% of its total assets in investment-grade corporate bonds that comprise the Index. The Index measures the performance of investment-grade corporate bonds issued in the following currencies of Group of Ten (G10) countries, excluding the US dollar (USD): Australian dollar (AUD), British pound (GBP), Canadian dollar (CAD), euro (EUR), Japanese yen (JPY), Swiss franc (SFR), New Zealand dollar (NZD), Norwegian krone (NOK) and Swedish krona (SEK). The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced monthly and reconstituted annually in September.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +2.06% | -0.42% | +17.93% | -9.47% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure
Countries
France
21.01%
Canada
17.01%
United Kingdom
13.90%
Germany
8.86%
Italy
4.41%
Spain
4.08%
Netherlands
3.84%
Norway
2.69%
Unavailable
11.89%
Other
12.30%
Sectors
Banks
33.74%
Power
8.39%
Communication services
6.70%
Oil and gas extraction and refining
3.79%
Motor vehicle production
3.09%
Sovereign
2.84%
Pharmaceutical preparation and biotechnology
2.72%
Transportation support activities
2.60%
Unavailable
11.89%
Other
24.24%
Diversification
Total weight of top 15 holdings out of 590
Top 15 holdings
Data as of May 31, 2026
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Sustainability
Integrates ESG criteria
No
SDG
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Replication
Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
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PICB
N/A
Replication quality
Calculated over 12m, as of May 29, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model
Issuer
Invesco
Invesco ID Card
Number of funds
650
Total AuM
€1.04T
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3497%
Top 5 funds by Invesco
| AuM | ||
|---|---|---|
QQQ | Invesco QQQ ETF | €421.97B |
QQQM | Invesco NASDAQ 100 ETF | €87.22B |
RSP | Invesco S&P 500® Equal Weight ETF | €82.25B |
SPXS | Invesco S&P 500 UCITS ETF | €34.83B |
SGLD | Invesco Physical Gold ETC | €22.81B |
Frequently asked questions about PICB
What does Invesco International Corporate Bond ETF, PICB, invest in?
PICB is a Passive ETF. This ETF provides exposure to Global Investment Grade Corporate Bonds.
Which benchmark or index does PICB replicate?
PICB tracks the S&P International Corporate Bond Net Total Return Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of PICB?
PICB carries a total expense ratio (TER) of 0.5%, indicating the annual cost for holding the fund.
When was PICB launched?
PICB was introduced to the market on June 3, 2010. It trades on United States
Who is the ETF issuer of PICB?
Invesco International Corporate Bond ETF, PICB, is provided by Invesco. Learn more about Invesco here.
What is the current assets under management (AUM) of PICB?
PICB oversees €309M in assets as of June 29, 2026.
How has PICB performed lately?
Based on data from June 29, 2026, PICB returned -1.85% over the past month, 2.06% over the last three months and -1.36% year-to-date.
What are the latest inflows or outflows for PICB?
As of June 29, 2026, PICB recorded net flows of +€3M over the last month and +€81M year-to-date.
Does PICB distribute dividends?
PICB follows a distributing dividend policy, meaning it pays out income to investors. As of June 29, 2026, its 12-month trailing yield was 3.42%.
What are the main country or region exposures of PICB?
As of May 31, 2026, PICB has significant geographic allocations in France, Canada and United Kingdom.
In which sector or theme does PICB invest in?
As of May 31, 2026, PICB focuses largely on Banks, Power and Communication services.
How many securities does PICB hold and how diversified is it?
As of May 31, 2026, PICB holds 590 positions in its portfolio, with 7.93% of assets concentrated in its top 15 holdings.
What are the main positions in PICB?
As of May 31, 2026, PICB top three holdings include NTT Finance Corporation, 0.38% 20sep2030, JPY, Toronto-Dominion Bank, 4.21% 1jun2027, CAD and Bank of Montreal, 4.309% 1jun2027, CAD.
What is the base currency of PICB?
The base currency of PICB is USD.
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