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> I looked into this.
A counter-argument / alternative view:
There's also a note by Invesco next to the graph, it seems Invesco explain what they meant directly, yet, ambiguously:
"Country exposure aggregates the primary country of risk for individual securities."
I presume the ETF operator has more insight/care/consideration re: their own ETF holdings than JustETF, since Invesco are formally reporting company information to shareholders here.
What 'country of risk' means, I have no idea. Economic risk e.g. from a crash? from tax/law changes, tariffs? in terms of revenue?
TRS
