RFV
Invesco S&P MidCap 400 Pure Value ETF
📎 Investment Objective
The Invesco S&P MidCap 400 Pure Value ETF (RFV) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. companies exhibiting relatively strong value characteristics.
Overview
ETF tracking Invesco S&P MidCap 400 Pure Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P MidCap 400 Pure Value ETF (RFV) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. companies exhibiting relatively strong value characteristics.
🎯 Investment Strategy
The fund generally invests at least 90% of its total assets in the securities that comprise the underlying index. The index provider selects securities for the index using a rules-based methodology that identifies mid-cap companies with relatively strong value characteristics.
✨ Key Features
- Focuses on mid-cap U.S. companies with strong value characteristics
- Passively tracks the S&P MidCap 400 Pure Value Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific market segment
- Potential for higher volatility compared to broader market indexes
- Limited liquidity and trading volume due to small asset size
- Lack of long-term performance history to evaluate the fund's effectiveness
👤 Best For
This ETF may be suitable for investors seeking exposure to mid-cap U.S. value stocks as part of a diversified portfolio. It may be most appropriate for investors with a medium to long-term investment horizon and a higher risk tolerance, as mid-cap value stocks can be more volatile than the broader market.