RZG
Invesco S&P SmallCap 600 Pure Growth ETF
📎 Investment Objective
The Invesco S&P SmallCap 600 Pure Growth ETF (RZG) seeks to track the investment results of the S&P SmallCap 600 Pure Growth Index, which measures the performance of small-capitalization U.S. equities exhibiting strong growth characteristics.
Overview
ETF tracking Invesco S&P SmallCap 600 Pure Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P SmallCap 600 Pure Growth ETF (RZG) seeks to track the investment results of the S&P SmallCap 600 Pure Growth Index, which measures the performance of small-capitalization U.S. equities exhibiting 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 designed to provide a pure play on small-cap growth stocks by using three factors to select and weight its constituents: sales growth, earnings change to price, and momentum.
✨ Key Features
- Provides exposure to small-cap U.S. stocks with strong growth characteristics
- Tracks the S&P SmallCap 600 Pure Growth Index, which selects and weights components based on growth metrics
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Increased volatility and risk compared to broader market due to small-cap focus
- Potential for higher valuation and growth stocks to underperform in certain market environments
- Limited diversification as a sector-specific fund
- Lack of long-term performance history to evaluate
👤 Best For
RZG may be suitable for investors seeking targeted exposure to small-cap growth stocks as part of a diversified portfolio. Its focus on high-growth companies could appeal to investors with a higher risk tolerance and longer investment horizon. However, the fund's limited track record means investors should carefully consider its suitability and risks.