RPG

Invesco S&P 500 Pure Growth ETF

$45.61
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco S&P 500 Pure Growth ETF (RPG) seeks to track the investment results of the S&P 500 Pure Growth Index, which is designed to measure the performance of securities from the S&P 500 Index that exhibit strong growth characteristics.

Overview

ETF tracking Invesco S&P 500 Pure Growth ETF

Category Growth
Issuer Invesco
Inception Date 2018-04-09
Market Cap $1.7B
Average Volume N/A
Dividend Yield 0.36%
52-Week Range $33.86 - $48.53
VWAP $45.87

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Pure Growth ETF (RPG) seeks to track the investment results of the S&P 500 Pure Growth Index, which is designed to measure the performance of securities from the S&P 500 Index that exhibit strong growth characteristics.

🎯 Investment Strategy

The fund invests at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of stocks from the S&P 500 Index that have been identified as having the highest 'growth scores' based on three growth factors: sales growth, the ratio of earnings change to price, and momentum.

✨ Key Features

  • Provides exposure to large-cap U.S. stocks with strong growth characteristics
  • Tracks the S&P 500 Pure Growth Index, which is rebalanced semi-annually
  • Low expense ratio of 0.00%
  • Suitable for investors seeking targeted growth exposure within their portfolio

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Concentration risk: The fund is heavily concentrated in the largest U.S. growth stocks, which can increase volatility
  • Sector risk: The fund may be more susceptible to economic, political, or regulatory events affecting certain sectors
  • Growth investing risk: Growth stocks may be more volatile and trade at higher valuations than other types of stocks

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap U.S. growth stocks as part of a diversified portfolio. It may be particularly appealing to investors with a higher risk tolerance and a longer-term investment horizon who are looking to potentially outperform the broader market.