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Invesco S&P SmallCap 600 Pure Value ETF
ETF
RZV
Payout Change
Pending
Price as of:
$111.0514
+0.47
+0.43%
primary theme
U.S. Small-Cap Value Equity
RZV (ETF)
Invesco S&P SmallCap 600 Pure Value ETF
Payout Change
Pending
Price as of:
$111.0514
+0.47
+0.43%
primary theme
U.S. Small-Cap Value Equity
RZV (ETF)
Invesco S&P SmallCap 600 Pure Value ETF
Payout Change
Pending
Price as of:
$111.0514
+0.47
+0.43%
primary theme
U.S. Small-Cap Value Equity
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.5%
1 yr return
5.1%
3 Yr Avg Return
7.2%
5 Yr Avg Return
11.2%
Net Assets
$270 M
Holdings in Top 10
40.6%
52 WEEK LOW AND HIGH
$110.6
$96.80
$119.36
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 74.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RZV - Profile
Distributions
- YTD Total Return 4.5%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 11.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.86%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco S&P SmallCap 600 Pure Value ETF
-
Fund Family NameINVESCOETF
-
Inception DateMar 01, 2006
-
Shares Outstanding3110040
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Hubbard
Fund Description
The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (“S&P DJI” or the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is composed of a subset of securities from the S&P SmallCap 600® Index (the “Parent Index”) that exhibit strong value characteristics. First, each security in the Parent Index is assigned two “style scores” – one for value and one for growth – based on the characteristics of the issuer. The “value score” is measured using three factors: book-value-to-price ratio, earnings-to-price ratio, and sales-to-price ratio. The “growth score” is measured using three other factors: three-year sales per share growth rate, the ratio of the three-year net change in earnings per share to current price per share, and momentum (the 12-month percentage change in price). The securities in the Parent Index are then ranked based on their relative value and growth scores. Unlike other style indices that may contain all securities within the Parent Index, including overlapping constituents that exhibit both value and growth characteristics, the Underlying Index is narrower in focus and excludes any overlapping securities demonstrating both value and growth characteristics and includes only those securities that exhibit “pure value” characteristics. The Underlying Index weights constituents according to their value scores,
such that securities demonstrating the strongest value characteristics generally receive proportionally greater weights.
As of June 30, 2024, the Underlying Index was comprised of 139constituents with market capitalizations ranging from $314.5 million to $6.8 billion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
The Fund intends to be “diversified,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), to the extent that the Underlying Index is diversified. The Fund may become “non-diversified” as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become “non-diversified,” it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2024.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.
RZV - Performance
Return Ranking - Trailing
| Period | RZV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.5% | -33.4% | 24.5% | 74.64% |
| 1 Yr | 5.1% | -32.3% | 24.6% | 78.95% |
| 3 Yr | 7.2%* | -10.5% | 75.5% | 20.59% |
| 5 Yr | 11.2%* | -4.1% | 50.4% | 12.92% |
| 10 Yr | 7.0%* | -3.1% | 27.4% | 57.76% |
* Annualized
Return Ranking - Calendar
| Period | RZV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.4% | -6.0% | 33.6% | 4.80% |
| 2022 | -8.2% | -33.6% | 212.9% | 8.33% |
| 2021 | 44.6% | -62.0% | 147.6% | 1.52% |
| 2020 | -4.8% | -24.8% | 31.3% | 86.56% |
| 2019 | 20.9% | -21.7% | 34.0% | 36.04% |
Total Return Ranking - Trailing
| Period | RZV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.5% | -33.4% | 24.5% | 74.64% |
| 1 Yr | 5.1% | -32.3% | 24.6% | 78.95% |
| 3 Yr | 7.2%* | -10.5% | 75.5% | 20.59% |
| 5 Yr | 11.2%* | -4.1% | 50.4% | 12.92% |
| 10 Yr | 7.0%* | -3.1% | 27.4% | 57.76% |
* Annualized
Total Return Ranking - Calendar
| Period | RZV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.0% | 1.8% | 35.4% | 7.91% |
| 2022 | -6.8% | -25.2% | 250.0% | 20.83% |
| 2021 | 46.0% | -3.0% | 157.9% | 1.52% |
| 2020 | -3.9% | -13.5% | 33.4% | 87.60% |
| 2019 | 22.3% | -1.5% | 34.3% | 47.43% |
RZV - Holdings
Concentration Analysis
| RZV | Category Low | Category High | RZV % Rank | |
|---|---|---|---|---|
| Net Assets | 270 M | 3.29 M | 63 B | 61.48% |
| Number of Holdings | 141 | 10 | 1599 | 33.25% |
| Net Assets in Top 10 | 107 M | 279 K | 3.62 B | 43.06% |
| Weighting of Top 10 | 40.57% | 5.2% | 92.1% | 10.79% |
Top 10 Holdings
- Invesco Private Prime Fund 19.05%
- Invesco Private Government Fund 7.29%
- PHINIA Inc. 1.90%
- Bread Financial Holdings, Inc. 1.85%
- Benchmark Electronics, Inc. 1.83%
- World Kinect Corp. 1.80%
- JetBlue Airways Corp. 1.77%
- EchoStar Corp., Class A 1.76%
- Enviri Corp. 1.74%
- NCR Atleos Corp. 1.58%
Asset Allocation
| Weighting | Return Low | Return High | RZV % Rank | |
|---|---|---|---|---|
| Stocks | 99.99% | 6.25% | 105.88% | 2.39% |
| Cash | 26.34% | 0.00% | 37.64% | 0.96% |
| Preferred Stocks | 0.00% | 0.00% | 1.05% | 86.36% |
| Other | 0.00% | -1.07% | 38.91% | 86.36% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 85.44% |
| Bonds | 0.00% | 0.00% | 90.12% | 85.65% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RZV % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 18.91% | 0.35% | 51.62% | 5.64% |
| Financial Services | 15.52% | 0.00% | 35.71% | 85.78% |
| Industrials | 14.06% | 0.65% | 48.61% | 79.90% |
| Basic Materials | 11.76% | 0.00% | 67.30% | 6.86% |
| Consumer Defense | 11.35% | 0.00% | 13.22% | 4.17% |
| Energy | 9.24% | 0.00% | 29.42% | 37.75% |
| Technology | 8.02% | 0.00% | 27.23% | 60.05% |
| Real Estate | 6.93% | 0.00% | 44.41% | 55.88% |
| Communication Services | 2.69% | 0.00% | 17.58% | 44.85% |
| Healthcare | 1.51% | 0.00% | 25.76% | 96.08% |
| Utilities | 0.00% | 0.00% | 13.86% | 96.08% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RZV % Rank | |
|---|---|---|---|---|
| US | 99.99% | 6.25% | 105.88% | 2.39% |
| Non US | 0.00% | 0.00% | 77.52% | 88.28% |
RZV - Expenses
Operational Fees
| RZV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.35% | 0.05% | 37.04% | 94.74% |
| Management Fee | 0.35% | 0.00% | 1.50% | 5.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| RZV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| RZV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RZV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 74.00% | 7.00% | 252.00% | 79.45% |
RZV - Distributions
Dividend Yield Analysis
| RZV | Category Low | Category High | RZV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.19% | 0.00% | 14.14% | 66.27% |
Dividend Distribution Analysis
| RZV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| RZV | Category Low | Category High | RZV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.86% | -1.43% | 4.13% | 23.53% |
Capital Gain Distribution Analysis
| RZV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.332 | OrdinaryDividend |
| Jun 24, 2024 | $0.289 | OrdinaryDividend |
| Mar 18, 2024 | $0.328 | OrdinaryDividend |
| Dec 18, 2023 | $0.285 | OrdinaryDividend |
| Sep 18, 2023 | $0.272 | OrdinaryDividend |
| Jun 20, 2023 | $0.335 | OrdinaryDividend |
| Mar 20, 2023 | $0.315 | OrdinaryDividend |
| Dec 19, 2022 | $0.336 | OrdinaryDividend |
| Sep 19, 2022 | $0.372 | OrdinaryDividend |
| Jun 21, 2022 | $0.291 | OrdinaryDividend |
| Mar 21, 2022 | $0.265 | OrdinaryDividend |
| Dec 20, 2021 | $0.257 | OrdinaryDividend |
| Sep 20, 2021 | $0.209 | OrdinaryDividend |
| Jun 21, 2021 | $0.163 | OrdinaryDividend |
| Mar 22, 2021 | $0.198 | OrdinaryDividend |
| Dec 21, 2020 | $0.094 | OrdinaryDividend |
| Sep 21, 2020 | $0.086 | OrdinaryDividend |
| Jun 22, 2020 | $0.074 | OrdinaryDividend |
| Mar 23, 2020 | $0.168 | OrdinaryDividend |
| Dec 23, 2019 | $0.170 | OrdinaryDividend |
| Sep 23, 2019 | $0.167 | OrdinaryDividend |
| Jun 24, 2019 | $0.186 | OrdinaryDividend |
| Mar 18, 2019 | $0.200 | OrdinaryDividend |
| Dec 24, 2018 | $0.227 | OrdinaryDividend |
| Sep 24, 2018 | $0.362 | OrdinaryDividend |
| Jun 15, 2018 | $0.281 | OrdinaryDividend |
| Mar 16, 2018 | $0.302 | OrdinaryDividend |
| Dec 15, 2017 | $0.133 | OrdinaryDividend |
| Sep 15, 2017 | $0.218 | OrdinaryDividend |
| Jun 16, 2017 | $0.197 | OrdinaryDividend |
| Mar 17, 2017 | $0.199 | OrdinaryDividend |
| Dec 16, 2016 | $0.025 | OrdinaryDividend |
| Sep 16, 2016 | $0.111 | OrdinaryDividend |
| Jun 17, 2016 | $0.095 | OrdinaryDividend |
| Mar 18, 2016 | $0.102 | OrdinaryDividend |
| Dec 18, 2015 | $0.093 | OrdinaryDividend |
| Sep 18, 2015 | $0.121 | OrdinaryDividend |
| Jun 19, 2015 | $0.124 | OrdinaryDividend |
| Mar 20, 2015 | $0.341 | OrdinaryDividend |
| Dec 19, 2014 | $0.110 | OrdinaryDividend |
| Sep 19, 2014 | $0.099 | OrdinaryDividend |
| Jun 20, 2014 | $0.101 | OrdinaryDividend |
| Mar 21, 2014 | $0.125 | OrdinaryDividend |
| Dec 20, 2013 | $0.083 | OrdinaryDividend |
| Sep 20, 2013 | $0.068 | OrdinaryDividend |
| Jun 21, 2013 | $0.223 | OrdinaryDividend |
| Mar 15, 2013 | $0.024 | OrdinaryDividend |
| Dec 21, 2012 | $0.312 | OrdinaryDividend |
| Sep 21, 2012 | $0.052 | OrdinaryDividend |
| Jun 15, 2012 | $0.095 | OrdinaryDividend |
| Mar 16, 2012 | $0.120 | OrdinaryDividend |
| Sep 16, 2011 | $0.050 | OrdinaryDividend |
| Jun 17, 2011 | $0.043 | OrdinaryDividend |
| Mar 18, 2011 | $0.084 | OrdinaryDividend |
| Dec 17, 2010 | $0.025 | OrdinaryDividend |
| Sep 17, 2010 | $0.047 | OrdinaryDividend |
| Jun 18, 2010 | $0.082 | OrdinaryDividend |
| Mar 19, 2010 | $0.024 | OrdinaryDividend |
| Dec 18, 2009 | $0.063 | OrdinaryDividend |
| Sep 18, 2009 | $0.032 | OrdinaryDividend |
| Jun 19, 2009 | $0.060 | OrdinaryDividend |
| Mar 20, 2009 | $0.123 | OrdinaryDividend |
| Dec 19, 2008 | $0.107 | OrdinaryDividend |
| Sep 19, 2008 | $0.204 | OrdinaryDividend |
| Jun 20, 2008 | $0.193 | OrdinaryDividend |
| Mar 20, 2008 | $0.171 | OrdinaryDividend |
| Dec 21, 2007 | $0.130 | OrdinaryDividend |
| Sep 21, 2007 | $0.232 | OrdinaryDividend |
| Jun 15, 2007 | $0.145 | OrdinaryDividend |
| Mar 16, 2007 | $0.146 | OrdinaryDividend |
| Dec 27, 2006 | $0.116 | OrdinaryDividend |
| Sep 15, 2006 | $0.315 | OrdinaryDividend |
RZV - Fund Manager Analysis
Managers
Peter Hubbard
Start Date
Tenure
Tenure Rank
Apr 09, 2018
4.15
4.2%
Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.
Michael Jeanette
Start Date
Tenure
Tenure Rank
Apr 09, 2018
4.15
4.2%
Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.
Tony Seisser
Start Date
Tenure
Tenure Rank
Apr 09, 2018
4.15
4.2%
Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.
Pratik Doshi
Start Date
Tenure
Tenure Rank
Aug 28, 2020
1.76
1.8%
Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.23 | 3.58 |
