PXF: Don't Bet Against America Just Yet

DeVas Research
1.4K Followers
(8min)

Summary

  • PXF offers diversified exposure to developed-market ex-US stocks with solid fundamentals, but its performance still lags behind US equities over multiple timeframes.
  • Tariff disruptions have a limited impact on PXF due to moderate Asia exposure, but global trade tensions remain a risk to watch.
  • Despite strong inflows into EU and Japanese equities, US markets remain more resilient and continue to outperform international peers.
  • I rate PXF as a Hold, as international developed markets show promise but are unlikely to outpace US equities without a significant US market downturn.

Japan and European Union two flags together realations textile cloth fabric texture

Oleksii Liskonih

The world seems to be moving away from America. That sweeping statement needs to be qualified, but there's more than enough evidence to suggest that even after the 90-day tariff pause, investors are increasingly looking at international markets as the new

This article was written by

1.4K Followers
I have been a keen student of the markets for several years now. I love studying how companies grow over time, what value they deliver to their stakeholders, and projecting long-term value as an investment opportunity. I work as a content professional for a software company, but my passion is capital markets.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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