RZV

Invesco S&P SmallCap 600 Pure Value ETF

$115.63
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco S&P SmallCap 600 Pure Value ETF (RZV) seeks to track the investment results of the S&P SmallCap 600 Pure Value Index, which is designed to measure the performance of small-capitalization U.S. equities exhibiting strong value characteristics.

Overview

ETF tracking Invesco S&P SmallCap 600 Pure Value ETF

Category Small Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $224.3M
Average Volume N/A
Dividend Yield 1.56%
52-Week Range $83.11 - $120.79
VWAP $115.50

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P SmallCap 600 Pure Value ETF (RZV) seeks to track the investment results of the S&P SmallCap 600 Pure Value Index, which is designed to measure the performance of small-capitalization U.S. equities exhibiting strong value 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 securities in the S&P SmallCap 600 Index that have been identified as having value characteristics. The fund uses a sampling approach to try to replicate the performance of the index.

✨ Key Features

  • Focuses on small-cap U.S. stocks with strong value characteristics
  • Tracks the S&P SmallCap 600 Pure Value Index
  • Uses a sampling approach to replicate the index
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific market segment (small-cap value stocks)
  • Potential for higher volatility compared to broader market indices
  • Liquidity risk due to the smaller size of the underlying securities
  • Tracking error risk as the fund may not perfectly replicate the performance of the index

👤 Best For

This ETF may be suitable for investors seeking exposure to the small-cap value segment of the U.S. equity market as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the potential volatility associated with small-cap value stocks.