Invesco Golden Dragon China ETF (PGJ) Holdings
PGJ holdings summary
as of Oct 25, 2026- Holdings
- 64 positions listed
- Top 10 weight
- 58.8% of net assets
- Effective holdings
- 22 equal-weight equivalent
- Largest holding
- YUMC 9.25% Yum China Holdings, Inc.
- Annual turnover
- 0.0% of the portfolio traded
All PGJ holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | YUMC | Yum China Holdings, Inc. | Consumer Cyclical | 9.25% | $7.2M | $15.22B | 16.5 |
| 2 | BABA | Alibaba Group Holding Limited | Consumer Cyclical | 8.03% | $6.3M | $271.44B | 26.4 |
| 3 | JD | JD.com, Inc. | Consumer Cyclical | 7.73% | $6.0M | $36.48B | 18.9 |
| 4 | NTES | NetEase, Inc | Communication Services | 6.94% | $5.4M | $80.72B | 17.5 |
| 5 | BIDU | Baidu, Inc | Communication Services | 5.61% | $4.4M | $27.28B | — |
| 6 | EDU | New Oriental Education & Technology Group Inc. | Consumer Defensive | 4.61% | $3.6M | $9.44B | 20.3 |
| 7 | HTHT | H World Group Limited | Consumer Cyclical | 4.41% | $3.4M | $14.67B | 34.7 |
| 8 | YMM | Full Truck Alliance Co. Ltd. | Technology | 4.15% | $3.2M | $9.15B | 15.4 |
| 9 | VIPS | Vipshop Holdings Limited | Consumer Cyclical | 4.07% | $3.2M | $6.11B | 4.3 |
| 10 | BZ | Kanzhun Limited | Communication Services | 4.00% | $3.1M | $7.32B | 12.0 |
| 11 | TME | Tencent Music Entertainment Group | Communication Services | 3.61% | $2.8M | $14.06B | 10.5 |
| 12 | MAAS | Maase Inc. | Technology | 3.42% | $2.7M | $5.32B | — |
| 13 | NIO | NIO Inc. | Consumer Cyclical | 3.19% | $2.5M | $8.59B | — |
| 14 | BEKE | KE Holdings Inc. | Real Estate | 2.92% | $2.3M | $19.85B | 30.1 |
| 15 | TAL | TAL Education Group | Consumer Defensive | 2.82% | $2.2M | $6.66B | 7.5 |
| 16 | ZTO | ZTO Express (Cayman) Inc. | Industrials | 2.46% | $1.9M | $15.08B | 11.0 |
| 17 | ATAT | Atour Lifestyle Holdings Limited | Consumer Cyclical | 2.21% | $1.7M | $4.62B | 16.5 |
| 18 | LI | Li Auto Inc. | Consumer Cyclical | 1.74% | $1.4M | $11.08B | — |
| 19 | GDS | GDS Holdings Limited | Technology | 1.66% | $1.3M | $4.62B | 10.7 |
| 20 | XPEV | XPeng Inc. | Consumer Cyclical | 1.64% | $1.3M | $8.84B | — |
| 21 | BILI | Bilibili Inc | Communication Services | 1.21% | $942,036.85 | $5.80B | 27.6 |
| 22 | ATHM | Autohome Inc | Communication Services | 1.08% | $838,941.91 | $2.32B | 17.5 |
| 23 | CHA | Chagee Holdings Limited American Depositary Shares | Consumer Cyclical | 0.89% | $694,390.80 | $2.35B | 12.4 |
| 24 | RLX | RLX Technology Inc. | Consumer Defensive | 0.85% | $663,766.22 | $2.08B | 15.5 |
| 25 | ZLAB | Zai Lab Limited | Healthcare | 0.81% | $631,505.22 | $2.60B | — |
| 26 | WRD | WeRide Inc. American Depositary Shares | Technology | 0.72% | $564,957.16 | $1.34B | — |
| 27 | MOMO | Momo Inc | Communication Services | 0.62% | $486,252.79 | $673.7M | 4.8 |
| 28 | DQ | Daqo New Energy Corp. | Technology | 0.57% | $441,523.76 | $692.2M | — |
| 29 | DAO | Youdao, Inc. | Consumer Defensive | 0.56% | $439,965.26 | $2.19B | 95.6 |
| 30 | CSIQ | Canadian Solar Inc. | Technology | 0.48% | $373,183.43 | $666.1M | — |
| 31 | VNET | VNET Group, Inc. | Technology | 0.46% | $356,351.60 | $1.12B | — |
| 32 | FINV | FinVolution Group | Financial Services | 0.44% | $345,597.93 | $739.0M | 3.0 |
| 33 | MTC | MMTec, Inc. | Financial Services | 0.44% | $342,792.63 | $604.5M | 7.9 |
| 34 | RERE | ATRenew Inc. | Consumer Cyclical | 0.43% | $333,597.46 | $866.0M | 14.0 |
| 35 | TIGR | UP Fintech Holding Limited | Financial Services | 0.41% | $323,311.35 | $728.4M | 7.5 |
| 36 | QFIN | 360 DigiTech, Inc. | Financial Services | 0.41% | $318,012.44 | $689.4M | 1.4 |
| 37 | WB | Weibo Corporation | Communication Services | 0.40% | $312,869.38 | $1.59B | 5.4 |
| 38 | IQ | iQIYI, Inc | Communication Services | 0.36% | $283,413.68 | $917.9M | — |
| 39 | GSX_old | GSX Techedu Inc | Consumer Defensive | 0.31% | $240,087.31 | — | — |
| 40 | QD | Qudian Inc | Financial Services | 0.30% | $234,320.85 | — | — |
| 41 | TUYA | Tuya Inc. | Technology | 0.30% | $233,619.53 | $1.01B | 15.0 |
| 42 | SOHU | Sohu.com Limited | Communication Services | 0.25% | $198,319.45 | $383.3M | 1.5 |
| 43 | JDZG | JIADE LIMITED | Consumer Defensive | 0.25% | $198,241.52 | $34.4M | — |
| 44 | JKS | JinkoSolar Holding Co., Ltd. | Technology | 0.25% | $191,384.11 | $425.2M | — |
| 45 | MNSO | MINISO Group Holding Limited | Consumer Cyclical | 0.24% | $183,981.22 | $2.98B | 17.3 |
| 46 | NOAH | Noah Holdings Limited | Financial Services | 0.23% | $176,500.41 | $495.6M | 6.0 |
| 47 | AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | Other | 0.22% | $172,292.45 | — | — |
| 48 | DDL | Dingdong (Cayman) Limited | Consumer Defensive | 0.22% | $171,591.13 | $463.6M | — |
| 49 | HUYA | HUYA Inc | Communication Services | 0.17% | $133,953.29 | $504.7M | — |
| 50 | XNET | Xunlei Limited | Technology | 0.16% | $124,290.58 | $268.3M | — |
| 51 | ADAG | Adagene Inc. | Healthcare | 0.16% | $124,056.80 | $138.3M | — |
| 52 | ZKH | ZKH Group Limited | Consumer Cyclical | 0.14% | $110,264.05 | $276.1M | 35.0 |
| 53 | KC | Kingsoft Cloud Holdings Limited | Technology | 0.14% | $109,328.95 | $2.54B | — |
| 54 | EH | EHang Holdings Limited | Industrials | 0.14% | $109,328.95 | $273.8M | — |
| 55 | YSG | Yatsen Holding Limited | Consumer Defensive | 0.14% | $109,017.25 | $242.0M | — |
| 56 | SY | So-Young International Inc. | Healthcare | 0.14% | $106,835.35 | $228.4M | — |
| 57 | BZUN | Baozun Inc. | Consumer Cyclical | 0.12% | $95,536.20 | $215.9M | 26.6 |
| 58 | ZH | Zhihu Inc | Communication Services | 0.10% | $81,120.06 | $284.2M | — |
| 59 | HSAI | Hesai Group | Consumer Cyclical | 0.10% | $79,639.48 | $15.61B | 26.4 |
| 60 | PONY | Pony AI Inc. American Depositary Shares | Technology | 0.08% | $64,911.63 | $2.15B | — |
| 61 | NIU | Niu Technologies | Consumer Cyclical | 0.08% | $59,301.02 | $149.8M | — |
| 62 | LX | LexinFintech Holdings Ltd. | Financial Services | 0.07% | $52,521.53 | $105.8M | 0.8 |
| 63 | AIFU | Fanhua Inc. | Financial Services | 0.05% | $37,559.91 | $65.8M | — |
| 64 | HUHU | HUHUTECH International Group Inc. | Industrials | 0.03% | $20,182.61 | $64.8M | — |
Weights as a percentage of net assets. Value held = weight × net assets ($77.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
PGJ sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Consumer Cyclical | 44.3% | 16 | YUMC, BABA, JD |
| Communication Services | 24.4% | 12 | NTES, BIDU, BZ |
| Technology | 12.4% | 12 | YMM, MAAS, GDS |
| Consumer Defensive | 9.8% | 8 | EDU, TAL, RLX |
| Real Estate | 2.9% | 1 | BEKE |
| Industrials | 2.6% | 3 | ZTO, EH, HUHU |
| Financial Services | 2.3% | 8 | FINV, MTC, TIGR |
| Healthcare | 1.1% | 3 | ZLAB, ADAG, SY |
| Other | 0.2% | 1 | AGPXX |
Sum of the weights of the holdings in each sector.
PGJ top industries
PGJ overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.1% | 21 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.0% | 1 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 0 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the PGJ portfolio
Invesco Golden Dragon China ETF holds 64 positions. The ten largest make up 58.8% of the fund and the top 50 98.5%, so it behaves like a portfolio of about 22 equally weighted stocks. The biggest positions are Yum China Holdings, Inc. (9.25%), Alibaba Group Holding Limited (8.03%), JD.com, Inc. (7.73%), NetEase, Inc (6.94%), Baidu, Inc (5.61%).
By sector, Consumer Cyclical is 44.3%, Communication Services is 24.4%, Technology is 12.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: PGJ chart, PGJ performance, PGJ dividends, PGJ valuation, PGJ overview.
PGJ holdings FAQ
How many holdings does PGJ have?
PGJ holds 64 positions as of October 25, 2026.
What are the top 10 holdings of PGJ?
The ten largest holdings are Yum China Holdings, Inc. (9.25%), Alibaba Group Holding Limited (8.03%), JD.com, Inc. (7.73%), NetEase, Inc (6.94%), Baidu, Inc (5.61%), New Oriental Education & Technology Group Inc. (4.61%), H World Group Limited (4.41%), Full Truck Alliance Co. Ltd. (4.15%), Vipshop Holdings Limited (4.07%), Kanzhun Limited (4.00%). Together they are 58.8% of the fund.
What percentage of PGJ is Yum China Holdings, Inc.?
Yum China Holdings, Inc. is the largest holding at 9.25% of net assets, about $7.2M of the fund's $77.9M.
Which sector is the largest in PGJ?
Consumer Cyclical is the largest sector at 44.3%, followed by Communication Services (24.4%) and Technology (12.4%), based on the sectors of the individual holdings.
How concentrated is PGJ?
The top 10 holdings are 58.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) PGJ behaves like a portfolio of about 22 equally weighted stocks.