PRF
Invesco RAFI US 1000 ETF
📎 Investment Objective
The Invesco RAFI US 1000 ETF seeks to track the performance of the RAFI US 1000 Index, which is designed to provide exposure to the largest 1,000 US companies based on fundamental factors such as sales, cash flow, book value, and dividends.
Overview
ETF tracking Invesco RAFI US 1000 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco RAFI US 1000 ETF seeks to track the performance of the RAFI US 1000 Index, which is designed to provide exposure to the largest 1,000 US companies based on fundamental factors such as sales, cash flow, book value, and dividends.
🎯 Investment Strategy
The fund employs a sampling strategy, holding a subset of the securities in the underlying index in an effort to track its performance. It seeks to replicate the index's risk and return characteristics as closely as possible.
✨ Key Features
- Provides broad exposure to large and mid-cap US equities based on fundamental factors rather than market capitalization
- Uses a fundamentally-weighted index methodology that may offer diversification benefits compared to traditional market-cap weighted indexes
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Concentration risk: The fund's performance may be more volatile due to its focus on the largest US companies
- Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares at the desired price
👤 Best For
The Invesco RAFI US 1000 ETF may be suitable for long-term investors seeking broad exposure to large and mid-cap US equities through a fundamentally-weighted index fund. Due to its limited performance history, it may be most appropriate for investors with a higher risk tolerance and a longer investment horizon.