Invesco Golden Dragon China ETF (PGJ)Greater China Region | Exchange Traded Fund | NasdaqGM
23.97 USD
+0.06
(0.251%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 23.97 |
Hot Take ↕ | Aug. 22, 2026, 3:03 a.m. EDT
The Invesco Golden Dragon China ETF presents a classic value trap scenario where attractive metrics mask a deteriorating trend. While the price-to-book ratio of 0.38 looks compelling, the market has clearly priced in significant risks regarding the Chinese regulatory environment and delisting concerns, as evidenced by headlines questioning the asset's appeal. Fundamentally, the security is a neutral hold; despite a recent year-over-year gain, the broader trajectory shows six years of losses versus only three gains, indicating a lack of sustained business quality growth. The short-term outlook remains flat to slightly bearish due to the heavy put positioning and the fact that the price is still trading well below its 200-day average, failing to confirm a genuine momentum shift. However, the 3% dividend yield provides a floor, making it suitable only for investors willing to accept the geopolitical and structural risks inherent in a Chinese equity proxy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.095440 |
| AutoTheta | 0.096240 |
| AutoETS | 0.097980 |
| AutoARIMA | 0.097983 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 2.38 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.756 |
| Excess Kurtosis | -0.06 |
| Attribute | Value |
|---|---|
| Trailing P/E | 11.73 |
As of Aug. 22, 2026, 3:03 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes below the current price (21 and 23), suggesting a fear of further downside or a hedge against volatility. Conversely, call open interest is concentrated significantly out-of-the-money at strikes 28 and 35, indicating a speculative bet on a sharp recovery or a 'long gamma' setup where dealers face hedging pressure if the price rallies. Implied volatility is elevated relative to the underlying price, reflecting uncertainty about the asset's path.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.30% | 2.50% | 3.63% | 2.42% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-22 | 0.069 | 0.299349 |
| 2026-03-23 | 0.011 | 0.042243 |
| 2025-12-22 | 0.203 | 0.690711 |
| 2025-09-22 | 0.483 | 1.464524 |
| 2025-06-23 | 0.215 | 0.773381 |
| 2025-03-24 | 0.072 | 0.236376 |
| 2024-12-23 | 0.065 | 0.243720 |
| 2024-09-23 | 0.152 | 0.663176 |
| 2024-06-24 | 1.013 | 4.370147 |
| 2023-12-18 | 0.396 | 1.592280 |
| 2023-09-18 | 0.144 | 0.523636 |
| 2023-06-20 | 0.088 | 0.322699 |
| 2023-03-20 | 0.023 | 0.083092 |
| 2022-12-19 | 0.083 | 0.300834 |
| 2022-09-19 | 0.070 | 0.247262 |
| 2022-06-21 | 0.076 | 0.239672 |
| 2020-12-21 | 0.082 | 0.133485 |
| 2020-06-22 | 0.028 | 0.057085 |
| 2020-03-23 | 0.085 | 0.242996 |
| 2019-09-23 | 0.019 | 0.050897 |
| 2019-06-24 | 0.052 | 0.140883 |
| 2018-09-24 | 0.071 | 0.186548 |
| 2018-06-18 | 0.027 | 0.053370 |
| 2017-12-18 | 0.614 | 1.368398 |
| 2017-09-18 | 0.108 | 0.240320 |
| 2017-06-16 | 0.197 | 0.527443 |
| 2016-12-16 | 0.481 | 1.668980 |
| 2016-09-16 | 0.032 | 0.097591 |
| 2016-06-17 | 0.042 | 0.154753 |
| 2015-09-18 | 0.030 | 0.115696 |
| 2015-06-19 | 0.092 | 0.263610 |
| 2014-12-19 | 0.081 | 0.286320 |
| 2014-09-19 | 0.038 | 0.120635 |
| 2014-06-20 | 0.129 | 0.433613 |
| 2013-12-20 | 0.143 | 0.490566 |
| 2013-09-20 | 0.080 | 0.287047 |
| 2013-06-21 | 0.068 | 0.333824 |
| 2012-12-21 | 0.097 | 0.515683 |
| 2012-09-21 | 0.099 | 0.527157 |
| 2012-06-15 | 0.247 | 1.285120 |
| 2012-03-16 | 0.018 | 0.080754 |
| 2011-12-16 | 0.179 | 0.921730 |
| 2011-09-16 | 0.139 | 0.603299 |
| 2011-06-17 | 0.138 | 0.576200 |
| 2010-12-17 | 0.110 | 0.421295 |
| 2010-09-17 | 0.027 | 0.108565 |
| 2010-06-18 | 0.041 | 0.173802 |
| 2009-12-18 | 0.123 | 0.517459 |
| 2009-09-18 | 0.030 | 0.125892 |
| 2009-06-19 | 0.046 | 0.220729 |
| 2008-09-19 | 0.133 | 0.601810 |
| 2008-06-20 | 0.038 | 0.148148 |
| 2007-09-21 | 0.049 | 0.156650 |
| 2007-06-15 | 0.163 | 0.661258 |
| 2006-12-15 | 0.006 | 0.030318 |
| 2006-09-15 | 0.080 | 0.501253 |
| 2006-06-16 | 0.124 | 0.822281 |
| 2005-12-16 | 0.001 | 0.007210 |
| 2005-09-16 | 0.112 | 0.798859 |
| 2005-06-17 | 0.050 | 0.366032 |
| Attribute | Value |
|---|---|
| All Time High | 85.9 |
| All Time Low | 10.91 |
| Ask | 25.62 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 19,870 |
| Average Daily Volume3 Month | 24,315 |
| Average Volume | 24,315 |
| Average Volume10Days | 19,870 |
| Beta3 Year | 0.74 |
| Bid | 25.41 |
| Bid Size | 3 |
| Book Value | 63.494 |
| Category | Greater China Region |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.08 |
| Day Low | 23.905 |
| Dividend Date | 1,514,505,600 |
| Dividend Yield | 3.01 |
| Eps Trailing Twelve Months | 2.0432928 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.0412 |
| Fifty Day Average Change | -0.071201324 |
| Fifty Day Average Change Percent | -0.0029616377 |
| Fifty Two Week Change Percent | -22.627502 |
| Fifty Two Week High | 34.54 |
| Fifty Two Week High Change | -10.570002 |
| Fifty Two Week High Change Percent | -0.30602205 |
| Fifty Two Week Low | 21.69 |
| Fifty Two Week Low Change | 2.2799988 |
| Fifty Two Week Low Change Percent | 0.10511751 |
| Fifty Two Week Range | 21.69 - 34.54 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,102,602,600,000 |
| Five Year Average Return | -0.0965095 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.0599995 |
| Fullday Change Percent | 0.250939 |
| Fullday Price | 23.97 |
| Fund Family | Invesco |
| Fund Inception Date | 1,102,550,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of U.S. exchange-listed companies that are headquartered or incorporated in the People's Republic of China. The fund is non-diversified. |
| Long Name | Invesco Golden Dragon China ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_22892844 |
| Nav Price | 23.9 |
| Net Assets | 98,350,408.0 |
| Net Expense Ratio | 0.7 |
| Open | 24.01 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 23.97 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 23.91 |
| Price Hint | 2 |
| Price To Book | 0.37751597 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0599995 |
| Regular Market Change Percent | 0.250939 |
| Regular Market Day High | 24.08 |
| Regular Market Day Low | 23.905 |
| Regular Market Day Range | 23.905 - 24.08 |
| Regular Market Open | 24.01 |
| Regular Market Previous Close | 23.91 |
| Regular Market Price | 23.97 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 12,514 |
| Shares Outstanding | 5,250,000 |
| Short Name | Invesco Golden Dragon China ETF |
| Source Interval | 15 |
| Symbol | PGJ |
| Three Year Average Return | -0.0074137 |
| Total Assets | 98,350,408 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.11 |
| Trailing Annual Dividend Yield | 0.0046005854 |
| Trailing P E | 11.731065 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.35774 |
| Trailing Three Month Returns | -4.35774 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.9435 |
| Two Hundred Day Average Change | -2.9735012 |
| Two Hundred Day Average Change Percent | -0.110360615 |
| Type Disp | ETF |
| Volume | 12,514 |
| Yield | 0.0301 |
| Ytd Return | -11.32102 |