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Invesco FTSE RAFI US 1000 ETF

PRF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 19 2005
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$10,317,502
AUM
$5,911,780,171
Associated Index
FTSE RAFI US 1000 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
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Apple Inc
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Microsoft Corporation
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Exxon Mobil Corp.
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JPM
JPMorgan Chase & Co.
1.94%
AMZN
Amazon.com Inc.
1.91%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.52%
CVX
Chevron Corp.
1.34%
INTC
Intel Corp.
1.18%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.18%
Invest with PRF

What is PRF?

The Invesco FTSE RAFI US 1000 ETF (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

ETFs related toPRF

ETFs correlated to PRF include FNDX, FNDB, IWD

PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPRF

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with PRF using Composer

FAQ

PRF is a US Equities ETF. The Invesco FTSE RAFI US 1000 ETF (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

PRF tracks the FTSE RAFI US 1000 Index.

No, PRF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PRF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PRF is 0.0001%. This is the percent change in the value of PRF over the most recent 1-month period. The 3-month return on PRF is 0.0142%. This is the percent change in the value of PRF over the most recent 3-month period.

The standard deviation of PRF for the past year is 0.1612%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PRF include SPHQ, SPHB, and DSI.

ETFs correlated to PRF include FNDX, FNDB, and IWD.

ETFs that are inversely correlated to PRF include DOG, SDOW, and DXD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.