PGJ:NASDAQInvesco Golden Dragon China ETF analysis
Data as of Oct 9, 2026 - not real-time
- Latest price
- $21.58
- Risk: medium
- 7/10Medium risk
Summary
Invesco Golden Dragon China ETF is priced at $21.58 and its moving averages line up in bearish order, the shorter trailing the longer. It has lost 10.2% over the past 30 days. With RSI at 35.8 the momentum picture is approaching oversold, alongside a bullish MACD signal. Recent trading has carved out support near $21.25 and resistance around $22.68.
The 0.70% expense ratio is middling for its category, and the fund manages $84.5M in assets.
Risk scores 7 out of 10, which is elevated for this asset class. With 30-day volatility of 15.9%, a beta of 0.98 and a maximum drawdown of 35.3%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 3/10 long-term conviction.
The 0.70% expense ratio is middling for its category, and the fund manages $84.5M in assets.
Risk scores 7 out of 10, which is elevated for this asset class. With 30-day volatility of 15.9%, a beta of 0.98 and a maximum drawdown of 35.3%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 3/10 long-term conviction.
Top market events
- Morningstar%2c Inc.2monInvesco Golden Dragon China ETFThe investment seeks to track the investment results before fees...
Market outlook
Short term
< 1 yearCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 25.89
- MACD momentum is positive
Medium term
1–3 yearsCautious
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 25.89
- MACD momentum is positive
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Thin trading liquidity raises execution risk
- Maximum drawdown of 35.3%
- Short-term moving averages stacked below long-term ones
Key metrics
Fund metrics
Expense Ratio0.70%
AUM$84.5M
Inception Date2004-12-09
Avg Daily Volume22,730
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.96%
Technical analysis
TrendBearish
RSI35.8
Support$21.25
Resistance$22.68
MA 20$22.03
MA 50$23.39
MA 200$25.89
MACDBullish
VolumeIncreasing
Fear & Greed Index94.34
Risk assessment
Beta0.98
Volatility15.94%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.