RWK

Invesco S&P MidCap 400 Revenue ETF

$122.91
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Invesco S&P MidCap 400 Revenue ETF (RWK) seeks to track the investment results of an index that is designed to provide exposure to mid-capitalization U.S. companies with high revenue.

Overview

ETF tracking Invesco S&P MidCap 400 Revenue ETF

Category Mid Cap
Issuer Invesco
Inception Date 2019-05-28
Market Cap $1.0B
Average Volume N/A
Dividend Yield 1.26%
52-Week Range $94.80 - $128.98
VWAP $122.86

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P MidCap 400 Revenue ETF (RWK) seeks to track the investment results of an index that is designed to provide exposure to mid-capitalization U.S. companies with high revenue.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to replicate the performance of the S&P MidCap 400 Revenue Index. The index is composed of 400 mid-cap U.S. stocks selected based on revenue size, with the goal of representing the mid-cap segment of the U.S. equity market.

✨ Key Features

  • Focuses on mid-cap U.S. companies with high revenue
  • Passively tracks the S&P MidCap 400 Revenue Index
  • Low expense ratio of 0.00%
  • Provides broad exposure to the mid-cap segment of the 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 in the index.
  • Sector concentration risk: The fund may be more susceptible to adverse economic, market, political or regulatory occurrences affecting a particular sector.
  • Mid-cap risk: Stocks of mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies.
  • Tracking error risk: The fund may not be able to perfectly replicate the performance of the underlying index.

👤 Best For

The Invesco S&P MidCap 400 Revenue ETF may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market, with a focus on companies with high revenue. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.