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ETFs

Invesco S&P MidCap 400 Pure Value ETF

RFV
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Mar 01 2006
Expense Ratio
0.35%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,606,073
AUM
$249,908,899
Associated Index
S&P Midcap 400 Pure Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

X
United States Steel Corp.
4.02%
TMHC
Taylor Morrison Home Corp.
3.93%
KBH
KB Home
3.90%
GT
Goodyear Tire & Rubber Co.
3.88%
XPO
XPO Inc
3.27%
LAD
Lithia Motors, Inc. - Ordinary Shares - Class A
2.96%
AVT
Avnet Inc.
2.80%
ARW
Arrow Electronics Inc.
2.68%
THO
Thor Industries, Inc.
2.62%
TOL
Toll Brothers Inc.
2.59%
Invest with RFV

What is RFV?

The Invesco S&P MidCap 400 Pure Value ETF (Fund) is based on the S&P MidCap 400 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P MidCap 400 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

ETFs related toRFV

ETFs correlated to RFV include IVOV, IJJ, MDYV

RFV
Invesco Capital Management LLC - Invesco S&P MidCap 400 Pure Value ETF
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Value ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
RWK
Invesco Exchange-Traded Fund Trust II - Invesco S&P MidCap 400 Revenue ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF

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 toRFV

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RFV using Composer

FAQ

RFV is a US Equities ETF. The Invesco S&P MidCap 400 Pure Value ETF (Fund) is based on the S&P MidCap 400 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P MidCap 400 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

RFV tracks the S&P Midcap 400 Pure Value Index.

No, RFV 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, RFV 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 RFV is -0.0315%. This is the percent change in the value of RFV over the most recent 1-month period. The 3-month return on RFV is -0.0088%. This is the percent change in the value of RFV over the most recent 3-month period.

The standard deviation of RFV for the past year is 0.2275%. 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 RFV include IWO, VTV, and VUG.

ETFs correlated to RFV include IVOV, IJJ, and MDYV.

ETFs that are inversely correlated to RFV include TZA, RWM, and TWM.

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.