RFG

Invesco S&P MidCap 400 Pure Growth ETF

$51.08
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Invesco S&P MidCap 400 Pure Growth ETF (RFG) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. stocks exhibiting growth characteristics.

Overview

ETF tracking Invesco S&P MidCap 400 Pure Growth ETF

Category Mid Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $297.8M
Average Volume N/A
Dividend Yield 0.44%
52-Week Range $39.08 - $53.39
VWAP $51.00

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P MidCap 400 Pure Growth ETF (RFG) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. stocks exhibiting growth characteristics.

🎯 Investment Strategy

The fund generally invests at least 90% of its total assets in the securities that comprise the S&P MidCap 400 Pure Growth Index. This index is designed to measure the performance of mid-cap U.S. stocks that exhibit strong growth characteristics.

✨ Key Features

  • Focuses on mid-cap U.S. stocks with strong growth characteristics
  • Passively managed to track the S&P MidCap 400 Pure Growth Index
  • Low expense ratio of 0.00%
  • Provides exposure to the growth segment of the mid-cap U.S. equity market

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Sector risk: The fund may be susceptible to economic, political, or regulatory occurrences affecting a particular sector
  • Style risk: The fund's growth investment style may underperform other segments of the equity market or the equity market as a whole
  • Liquidity risk: Certain securities may be difficult to sell at the time and price the fund desires

👤 Best For

This ETF may be suitable for investors seeking exposure to the growth segment of the mid-cap U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate to high risk tolerance.