Invesco S&P MidCap 400® Pure Value ETF (RFV)

Overview

The Invesco S&P MidCap 400u00ae Pure Value ETF (RFV) is designed to track the investment results of the S&P MidCap 400u00ae Pure Value Index. The fund focuses on mid-capitalization U.S. companies exhibiting strong value characteristics. RFV aims to provide exposure to undervalued stocks within the mid-cap segment, potentially offering capital appreciation.

Reputation and Reliability

Invesco is a well-established and reputable global investment management firm with a long track record of providing diverse ETF solutions.

Management Expertise

Invesco has a team of experienced portfolio managers and analysts dedicated to managing and overseeing its ETF offerings.

Goal

To track the investment results of the S&P MidCap 400u00ae Pure Value Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of its underlying index. This index measures the performance of mid-cap U.S. companies with strong value characteristics as determined by book value-to-price ratio, earnings-to-price ratio, and sales-to-price ratio.

Composition The ETF holds a portfolio of mid-cap stocks that exhibit value characteristics. The composition is determined by the methodology of the S&P MidCap 400u00ae Pure Value Index, which assigns a 'value' score to each stock, and the ETF invests in the stocks with the highest value scores.

Market Share: Data unavailable

Total Net Assets (AUM): 493800000

Key Competitors

• VTV (Vanguard Value ETF)
• IJJV (iShares S&P Mid-Cap 400 Value ETF)
• VOE (Vanguard Mid-Cap Value ETF)

Competitive Landscape

The value ETF market is competitive, with several major players. RFV differentiates itself by focusing on a pure value approach within the mid-cap segment. Competitors offer broader value strategies, potentially including large-cap companies. RFV's pure value screen may offer higher potential for value capture but can also increase volatility.

Historical Performance: Data unavailable

Benchmark Comparison: Data unavailable

Expense Ratio: 0.35

Average Trading Volume

The ETF has an average daily trading volume, which indicates adequate liquidity for most investors.

Bid-Ask Spread

The bid-ask spread provides information on the cost of trading; a narrower spread indicates better liquidity.

Market Environment Factors

Economic indicators, interest rate changes, and investor sentiment towards value stocks all impact RFV's performance. Value stocks tend to outperform during periods of economic recovery and rising interest rates.

Growth Trajectory

RFV's growth trajectory is tied to the performance of value stocks within the mid-cap segment. Changes to the S&P MidCap 400u00ae Pure Value Index methodology or shifts in market sentiment can influence its growth.

Competitive Edge

RFV's competitive edge lies in its pure value focus within the mid-cap space. The pure value methodology aims to identify companies that are truly undervalued, potentially leading to higher returns when these companies are recognized by the market. This strategy caters to investors seeking a concentrated exposure to value stocks, and its unique methodology could be viewed as a specialized offering compared to broader value ETFs. Invesco's experience in managing ETFs also contributes to its credibility.

Volatility

Data unavailable

Market Risk

The ETF is subject to market risk, including the risk that value stocks may underperform growth stocks. Furthermore, focusing solely on mid-cap companies adds risk. Sector concentration within the fund can also lead to increased volatility. Economic downturns or sector-specific challenges can significantly affect the fund's value.

Ideal Investor Profile

The ideal investor is someone seeking exposure to mid-cap value stocks and believes in the long-term potential of value investing. Investors should be comfortable with potential volatility and willing to hold the ETF for the long term.

Market Risk

RFV is best suited for long-term investors who understand value investing and can tolerate higher volatility. It is also suitable for use as a tactical allocation for those actively managing portfolios based on economic cycles.

The Invesco S&P MidCap 400u00ae Pure Value ETF (RFV) provides targeted exposure to undervalued mid-cap companies in the US. With a focus on pure value characteristics, it offers a distinct strategy compared to broader value ETFs. The ETF's performance is closely tied to the success of value investing and market sentiment. Itu2019s best suited for long-term investors who seek potential capital appreciation by focusing on mid-cap value stocks.

Data Sources:

• Invesco
• S&P Dow Jones Indices
• Morningstar
• ETF.com

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute financial advice. Investment decisions should be made based on individual circumstances and after consultation with a qualified financial advisor.