Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF
Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (LSE: HDEM) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £22.03 (about ₹2,805 a unit) as of 1 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.49%. Indian residents can buy HDEM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£21.57
Today's high
£22.34
52 week low
£18.57
52 week high
£26.59
HDEM opened at £22.24, closed previously at £22.15, and has traded between £18.57 and £26.59 over the past 52 weeks.
About
This Invesco ETF endeavors to replicate the net total return performance of the FTSE Emerging High Dividend Low Volatility Index, after accounting for fees. It distributes income to investors on a quarterly basis. The underlying benchmark, the FTSE Emerging High Dividend Low Volatility Index, tracks the performance of 100 companies chosen from the broader FTSE Emerging Index. These companies are specifically selected for their combination of attractive dividend yields and low price fluctuations, while also meeting requirements for diversification, volatility, and tradability. The index composition process involves first ranking all constituents of the FTSE Emerging Index by their trailing 12-month dividend yields, from highest to lowest. The top 150 highest-yielding stocks are initially selected. From this group, the 100 companies exhibiting the lowest volatility are then chosen to form the final benchmark. To achieve its objective, the fund aims to acquire and hold, as far as practically possible, all securities within the index according to their respective weightings. The portfolio is adjusted in alignment with any rebalancing events of the benchmark. This strategy is termed full physical replication. As a passively managed ETF, an investment here represents the purchase of units in an index-tracking fund, rather than direct ownership of its underlying assets.
Key statistics
Expense ratio
0.49%
Assets (AUM)
£220.0M
Holdings
—
NAV
£2,203.79
Avg. volume
—
1-year price change
+13.72%
5-year price change
+1.15%
Price change excludes dividends.
Top 10 holdings
These 10 are 16.8% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy HDEM from India
Indian residents can buy HDEM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Search HDEM and buy
Find the fund by its ticker, HDEM, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in HDEM from India
Trading and taxes when buying HDEM from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the HDEM price today?
Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (HDEM) last traded at £22.03 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:35 AM ET. That is ₹2,805 a unit at the 30 Sep 2026 GBP/INR rate.
When does HDEM trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is HDEM, and what does it cost to hold?
Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF manages about £220.0M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2016.
Is HDEM a UCITS ETF?
Yes. Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in GBP.
What are HDEM's largest holdings?
The top three are NOVATEK MICROELECTRONICS COR TWD10 (2.1%), PETROBRAS - PETROLEO BRAS-PR BRL NPV PFD (2.1%) and PETROBRAS - PETROLEO BRAS NPV (1.9%). HDEM's 10 largest positions make up 16.8% of the fund.
Is HDEM subject to US estate tax?
No. Because HDEM is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is HDEM accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are US dividends taxed inside HDEM?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on HDEM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has HDEM performed?
HDEM's price is up 13.7% over the past year and up 1.1% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is HDEM different from a US-listed ETF?
HDEM is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.