ETF · Invesco
PSRE Invesco RAFI Europe Fundamental Value UCITS ETF EUR
ISIN IE00B23D8X81London Stock Exchange: PSREInvesco Ltd.
- European shares
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£13.59
on
- Ongoing charge
- 0.39% a year
- Fund size
- £21.4m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, PSRE (Invesco RAFI Europe Fundamental Value UCITS ETF EUR, ISIN IE00B23D8X81) closed at £13.59 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 30/09/2026 its total return was +86.5%, or +45.8% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +19.0%
- +15.2% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +64.5%
- +48.5% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +86.5%
- +45.8% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,865 on 30/09/2026 — about £1,458 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR in pounds (price only, income paid out not included): 2022 −1.6%, 2023 +9.3%, 2024 +1.9%, 2025 +29.9%; 2026 to 30/09/2026 +6.6%. Returns of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.8%; to 30/09/2025: +16.1%; to 30/09/2024: +11.1%; to 30/09/2023: +17.6%; to 30/09/2022: −9.9%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +6.6% | +3.6% | |
| +29.9% | +25.5% | ||
| +1.9% | −1.5% | ||
| +9.3% | +5.0% | ||
| −1.6% | −9.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +14.8% | Not available |
| from | +16.1% | +11.6% |
| from | +11.1% | +8.3% |
| from | +17.6% | +10.5% |
| from | −9.9% | −17.2% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
14.3%over 5 years
| 1 year | 12.4% |
|---|---|
| 3 years | 12.2% |
| 5 years | 14.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −15.9%
- From to
- Lowest 12-month return
- −10.6%
- 12 months to
- Highest 12-month return
- +33.0%
- 12 months to
- Below its highest weekly close since October 2021
- 3.3%
- High of , latest
In words: Volatility of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR in pounds, annualised from weekly returns to 30/09/2026: 12.4% over 1 year, 12.2% over 3 years, 14.3% over 5 years. Largest fall in the price of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR since October 2021, in pounds: −15.9% from 11/02/2022 to 30/09/2022. The lowest 12-month return of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR in pounds (price only, income paid out not included) since January 2021 was −10.6% (12 months to 14/10/2022); the highest was +33.0% (12 months to 10/04/2026). On 30/09/2026 the price of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR was 3.3% below its highest weekly close since October 2021 (28/08/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.39%
- a year
- On £10,000
- £39
- a year, roughly
- Over five years
- £193
- of £10,000, before growth
- 186 charge less
- 0 the same
- 39 charge more
Ongoing charge of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR 0.39% a year, as of 01/10/2026: 39 of the 225 other European share funds charge more, 0 the same and 186 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR is an exchange-traded fund (ETF) from Invesco, launched in 2007.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Key facts
- Ticker
- PSRE
- ISIN
- IE00B23D8X81
- Provider
- Invesco
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.39% a year · about £39 on £10,000
- Fund size
- £21.4m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- European shares
Price chart
Since 29/07/2026, the closing price went from £13.86 on 29/07/2026 to £13.59 on 30/09/2026 (−2.0%). The lowest close shown was £13.59 on 30/09/2026 and the highest £14.05 on 28/08/2026.
Chart: closing prices we have recorded since 29/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
7 weekly closes, from 29/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Shell Plc GBP 0.0700 | 4.62% |
| 2 | Total Energies SE EUR2.5 | 3.06% |
| 3 | HSBC Holdings Plc GBP 0.5000 | 2.68% |
| 4 | Roche Holdings AG CHF | 2.16% |
| 5 | BP Plc GBP 0.2500 | 1.89% |
| 6 | Glencore Plc GBP 0.0100 | 1.56% |
| 7 | Novartis Ag-Reg CHF0.5 | 1.47% |
| 8 | Banco Santander SA EUR0.5 | 1.45% |
| 9 | Nestle Sa-Reg CHF0.1 | 1.45% |
| 10 | Sanofi EUR2 | 1.27% |
Source: Invesco, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Financials23.7%
- Energy13.2%
- Industrials11.6%
- Health Care10.8%
- Consumer Staples10.0%
- Materials8.9%
- Consumer Discretionary8.5%
- Communication Services4.5%
- Other sectors8.8%
By country
- United Kingdom17.2%
- Germany15.4%
- United States15.2%
- France13.3%
- Switzerland5.7%
- Spain5.4%
- Italy4.8%
- Sweden4.3%
- Other countries18.7%
By type of asset
- Equity100.0%
- Cash and money market0.1%
361 holdings are listed for this fund. All 361 holdings of PSRE, with the full split by sector, country and type of asset.
All holdings
The fund publishes 361 holdings; the ten largest make up 21.6% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 245 rolling 12-month returns since January 2021, and of 141 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 196 European share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 30/09/2026 (129 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of PSRE?
The ongoing charge of PSRE is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Markets III PLC - Invesco RAFI Europe Fundamental Value UCITS ETF EUR 0.39% a year, as of 01/10/2026: 39 of the 225 other European share funds charge more, 0 the same and 186 less (share classes counted once).
Is PSRE accumulating or distributing?
PSRE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of PSRE?
The ISIN of PSRE is IE00B23D8X81. An ISIN identifies one exact share class of a fund; PSRE is its ticker on the London Stock Exchange.
What were PSRE’s returns in each of the last five years?
Calendar-year returns of PSRE in pounds (price only, income paid out not included): 2022 −1.6%, 2023 +9.3%, 2024 +1.9%, 2025 +29.9%; 2026 to 30/09/2026 +6.6%. Past performance is not a guide to future returns.
How has PSRE done after inflation?
Over the five years to 30/09/2026 PSRE’s total return was +86.5%, or +45.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £5.0bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Invesco, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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