Product Details
The Invesco FTSE RAFI US 1500 Small-Mid ETF (Fund) is based on the FTSE RAFI US 1500 Small-Mid 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 small and medium-sized US companies. Companies in the index are selected based on the following four fundamental measures of size: book value, cash flow, sales and dividends. Each of the equities with a fundamental size ranking of 1,001 to 2,500 in the universe of 3,000 is then selected and assigned a weight equal to its fundamental value. The Portfolio and the Index are reconstituted annually.
Effective after close of business March 21, 2025, FTSE RAFI US 1500 Mid Small Index will change to the RAFI Fundamental Select US 1500 Index. The New Underlying Index will replace the Fund’s current underlying index.
Performance
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
FTSE RAFI US Mid Small 1500 Index | 13.05 | 13.05 | 4.51 | 10.42 | 9.15 | 9.60 |
Russell 2000 Total Return Index (USD) | 11.54 | 11.54 | 1.24 | 7.40 | 7.82 | 7.73 |
Fund History (%) | ||||||
Fund NAV | 12.84 | 12.84 | 4.31 | 10.22 | 8.92 | 9.35 |
After Tax Held | 12.16 | 12.16 | 3.84 | 9.78 | 8.53 | 9.04 |
After Tax Sold | 7.59 | 7.59 | 3.16 | 7.96 | 7.17 | 7.93 |
Fund Market Price | 12.88 | 12.88 | 4.27 | 10.22 | 8.93 | 9.35 |
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
FTSE RAFI US Mid Small 1500 Index | 13.05 | 13.05 | 4.51 | 10.42 | 9.15 | 9.60 |
Russell 2000 Total Return Index (USD) | 11.54 | 11.54 | 1.24 | 7.40 | 7.82 | 7.73 |
Fund History (%) | ||||||
Fund NAV | 12.84 | 12.84 | 4.31 | 10.22 | 8.92 | 9.35 |
After Tax Held | 12.16 | 12.16 | 3.84 | 9.78 | 8.53 | 9.04 |
After Tax Sold | 7.59 | 7.59 | 3.16 | 7.96 | 7.17 | 7.93 |
Fund Market Price | 12.88 | 12.88 | 4.27 | 10.22 | 8.93 | 9.35 |
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
Growth of $10,000
Data beginning 10 years prior to the ending date of 12/31/2024. Fund performance shown at NAV.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
Sector Allocation
Sector | Percent of Fund |
---|---|
Financials | 20.40% |
Industrials | 17.95% |
Consumer Discretionary | 13.69% |
Information Technology | 12.74% |
Health Care | 9.97% |
Real Estate | 5.79% |
Energy | 5.78% |
Materials | 4.34% |
Communication Services | 4.16% |
Consumer Staples | 3.77% |
Utilities | 1.29% |
Investment Companies | 0.09% |
Cash | 0.03% |
Market Cap & Style Allocations
Large-Cap Value | - |
Large-Cap Blend | 0.07% |
Large-Cap Growth | 1.68% |
Mid-Cap Value | 0.34% |
Mid-Cap Blend | 1.13% |
Mid-Cap Growth | 6.60% |
Small-Cap Value | 37.55% |
Small-Cap Blend | 33.82% |
Small-Cap Growth | 18.81% |
as of 01/22/2025 Top Holdings | View All
Fund Holdings subject to change
Ticker | Company | % of Fund |
---|---|---|
APP | AppLovin Corp | 0.77 |
CVNA | Carvana Co | 0.55 |
EAT | Brinker International Inc | 0.51 |
CRS | Carpenter Technology Corp | 0.44 |
PLTR | Palantir Technologies Inc | 0.40 |
COMM | CommScope Holding Co Inc | 0.40 |
EBS | Emergent BioSolutions Inc | 0.37 |
PRIM | Primoris Services Corp | 0.37 |
TPL | Texas Pacific Land Corp | 0.37 |
VIRT | Virtu Financial Inc | 0.37 |
Distributions | Hide View All
Ex-Date | Record Date | Pay Date | $/ Share |
Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
---|---|---|---|---|---|---|---|---|
12/23/2024 | 12/23/2024 | 12/27/2024 | 0.23051 | 0.23051 | - | - | - | - |
09/23/2024 | 09/23/2024 | 09/27/2024 | 0.13146 | 0.13146 | - | - | - | - |
06/24/2024 | 06/24/2024 | 06/28/2024 | 0.15626 | 0.15626 | - | - | - | - |
03/18/2024 | 03/19/2024 | 03/22/2024 | 0.08607 | 0.08607 | - | - | - | - |
12/18/2023 | 12/19/2023 | 12/22/2023 | 0.12024 | 0.12024 | - | - | - | - |
09/18/2023 | 09/19/2023 | 09/22/2023 | 0.14344 | 0.14344 | - | - | - | - |
06/20/2023 | 06/21/2023 | 06/23/2023 | 0.75056 | 0.75056 | - | - | - | - |
03/20/2023 | 03/21/2023 | 03/24/2023 | 0.60143 | 0.60143 | - | - | - | - |
12/19/2022 | 12/20/2022 | 12/23/2022 | 0.50236 | 0.50236 | - | - | - | - |
09/19/2022 | 09/20/2022 | 09/23/2022 | 0.60467 | 0.60467 | - | - | - | - |
06/21/2022 | 06/22/2022 | 06/30/2022 | 0.46976 | 0.46976 | - | - | - | - |
03/21/2022 | 03/22/2022 | 03/31/2022 | 0.52554 | 0.52554 | - | - | - | - |
12/20/2021 | 12/21/2021 | 12/31/2021 | 0.55443 | 0.55443 | - | - | - | - |
09/20/2021 | 09/21/2021 | 09/30/2021 | 0.45778 | 0.45778 | - | - | - | - |
06/21/2021 | 06/22/2021 | 06/30/2021 | 0.38327 | 0.38327 | - | - | - | - |
03/22/2021 | 03/23/2021 | 03/31/2021 | 0.38594 | 0.38594 | - | - | - | - |
12/21/2020 | 12/22/2020 | 12/31/2020 | 0.31364 | 0.31364 | - | - | - | - |
09/21/2020 | 09/22/2020 | 09/30/2020 | 0.35612 | 0.35612 | - | - | - | - |
06/22/2020 | 06/23/2020 | 06/30/2020 | 0.31005 | 0.31005 | - | - | - | - |
03/23/2020 | 03/24/2020 | 03/31/2020 | 0.40043 | 0.40043 | - | - | - | - |
12/23/2019 | 12/24/2019 | 12/31/2019 | 0.69269 | 0.69269 | - | - | - | - |
09/23/2019 | 09/24/2019 | 09/30/2019 | 0.37137 | 0.37137 | - | - | - | - |
06/24/2019 | 06/25/2019 | 06/28/2019 | 0.52735 | 0.52735 | - | - | - | - |
03/18/2019 | 03/19/2019 | 03/29/2019 | 0.17199 | 0.17199 | - | - | - | - |
12/24/2018 | 12/26/2018 | 12/31/2018 | 0.52113 | 0.52113 | - | - | - | - |
09/24/2018 | 09/25/2018 | 09/28/2018 | 0.35640 | 0.35640 | - | - | - | - |
06/18/2018 | 06/19/2018 | 06/29/2018 | 0.59394 | 0.59394 | - | - | - | - |
03/19/2018 | 03/20/2018 | 03/29/2018 | 0.08691 | 0.08691 | - | - | - | - |
12/18/2017 | 12/19/2017 | 12/29/2017 | 0.54826 | 0.54826 | - | - | - | - |
09/18/2017 | 09/19/2017 | 09/29/2017 | 0.32094 | 0.32094 | - | - | - | - |
06/16/2017 | 06/20/2017 | 06/30/2017 | 0.35932 | 0.35932 | - | - | - | - |
03/17/2017 | 03/21/2017 | 03/31/2017 | 0.02948 | 0.02948 | - | - | - | - |
12/16/2016 | 12/20/2016 | 12/30/2016 | 0.84173 | 0.84173 | - | - | - | - |
09/16/2016 | 09/20/2016 | 09/30/2016 | 0.26803 | 0.26803 | - | - | - | - |
06/17/2016 | 06/21/2016 | 06/30/2016 | 0.30773 | 0.30773 | - | - | - | - |
03/18/2016 | 03/22/2016 | 03/31/2016 | 0.09281 | 0.09281 | - | - | - | - |
12/18/2015 | 12/22/2015 | 12/31/2015 | 0.49883 | 0.49883 | - | - | - | - |
09/18/2015 | 09/22/2015 | 09/30/2015 | 0.33944 | 0.33944 | - | - | - | - |
06/19/2015 | 06/23/2015 | 06/30/2015 | 0.26909 | 0.26909 | - | - | - | - |
03/20/2015 | 03/24/2015 | 03/31/2015 | 0.20114 | 0.20114 | - | - | - | - |
12/19/2014 | 12/23/2014 | 12/31/2014 | 0.54088 | 0.54088 | - | - | - | - |
09/19/2014 | 09/23/2014 | 09/30/2014 | 0.25506 | 0.25506 | - | - | - | - |
06/20/2014 | 06/24/2014 | 06/30/2014 | 0.33537 | 0.33537 | - | - | - | - |
03/21/2014 | 03/25/2014 | 03/31/2014 | 0.02155 | 0.02155 | - | - | - | - |
12/20/2013 | 12/24/2013 | 12/31/2013 | 0.32202 | 0.32202 | - | - | - | - |
09/20/2013 | 09/24/2013 | 09/30/2013 | 0.17372 | 0.17372 | - | - | - | - |
06/21/2013 | 06/25/2013 | 06/28/2013 | 0.39585 | 0.39585 | - | - | - | - |
03/15/2013 | 03/19/2013 | 03/28/2013 | 0.02065 | 0.02065 | - | - | - | - |
12/21/2012 | 12/26/2012 | 12/31/2012 | 0.63905 | 0.63905 | - | - | - | - |
09/21/2012 | 09/25/2012 | 09/28/2012 | 0.25023 | 0.25023 | - | - | - | - |
06/15/2012 | 06/19/2012 | 06/29/2012 | 0.24905 | 0.24905 | - | - | - | - |
03/16/2012 | 03/20/2012 | 03/30/2012 | 0.06410 | 0.06410 | - | - | - | - |
12/16/2011 | 12/20/2011 | 12/30/2011 | 0.23278 | 0.23278 | - | - | - | - |
09/16/2011 | 09/20/2011 | 09/30/2011 | 0.16846 | 0.16846 | - | - | - | - |
06/17/2011 | 06/21/2011 | 06/30/2011 | 0.17322 | 0.17322 | - | - | - | - |
03/18/2011 | 03/22/2011 | 03/31/2011 | 0.01382 | 0.01382 | - | - | - | - |
12/17/2010 | 12/21/2010 | 12/31/2010 | 0.25614 | 0.25614 | - | - | - | - |
09/17/2010 | 09/21/2010 | 09/30/2010 | 0.10328 | 0.10328 | - | - | - | - |
06/18/2010 | 06/22/2010 | 06/30/2010 | 0.08919 | 0.08919 | - | - | - | - |
03/19/2010 | 03/23/2010 | 03/31/2010 | 0.00622 | 0.00622 | - | - | - | - |
12/18/2009 | 12/22/2009 | 12/31/2009 | 0.16240 | 0.16240 | - | - | - | - |
09/18/2009 | 09/22/2009 | 09/30/2009 | 0.06997 | 0.06997 | - | - | - | - |
06/19/2009 | 06/23/2009 | 06/30/2009 | 0.09804 | 0.09804 | - | - | - | - |
03/20/2009 | 03/24/2009 | 03/31/2009 | 0.03093 | 0.03093 | - | - | - | - |
12/19/2008 | 12/23/2008 | 12/31/2008 | 0.16271 | 0.16271 | - | - | - | - |
09/19/2008 | 09/23/2008 | 09/30/2008 | 0.11191 | 0.11191 | - | - | - | - |
06/20/2008 | 06/24/2008 | 06/30/2008 | 0.13831 | 0.13831 | - | - | - | - |
03/20/2008 | 03/25/2008 | 03/31/2008 | 0.07196 | 0.07196 | - | - | - | - |
12/21/2007 | 12/26/2007 | 12/31/2007 | 0.25059 | 0.25059 | - | - | - | - |
09/21/2007 | 09/25/2007 | 09/28/2007 | 0.01258 | 0.01258 | - | - | - | - |
06/15/2007 | 06/19/2007 | 06/29/2007 | 0.11827 | 0.11827 | - | - | - | - |
03/16/2007 | 03/20/2007 | 03/30/2007 | 0.03020 | 0.03020 | - | - | - | - |
12/15/2006 | 12/19/2006 | 12/29/2006 | 0.14258 | 0.14258 | - | - | - | - |
Frequency Distribution of Discounts & Premiums
Bid/Ask MidPoint Above NAV | |||||||
---|---|---|---|---|---|---|---|
Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
12/31/2024 | 64 | 46 | 0 | 0 | 0 | 0 | 0 |
09/30/2024 | 64 | 42 | 0 | 0 | 0 | 0 | 0 |
06/30/2024 | 63 | 25 | 0 | 0 | 0 | 0 | 0 |
03/31/2024 | 61 | 33 | 0 | 0 | 0 | 0 | 0 |
Year Ended 2024 | 252 | 146 | 0 | 0 | 0 | 0 | 0 |
Bid/Ask Midpoint Below NAV | |||||||
---|---|---|---|---|---|---|---|
Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
12/31/2024 | 64 | 18 | 0 | 0 | 0 | 0 | 0 |
09/30/2024 | 64 | 22 | 0 | 0 | 0 | 0 | 0 |
06/30/2024 | 63 | 37 | 1 | 0 | 0 | 0 | 0 |
03/31/2024 | 61 | 28 | 0 | 0 | 0 | 0 | 0 |
Year Ended 2024 | 252 | 105 | 1 | 0 | 0 | 0 | 0 |
Fund Inception : 09/20/2006
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Fund Documents
Risk & Other Information
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
The Fund may become “non-diversified”, as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constitutes of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circumstances.
The Russell 2000® Index is an unmanaged index considered representative of small-cap stocks. The Russell 2000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
Shares of the Fund are not in any way sponsored, endorsed, sold or promoted by FTSE International Limited ("FTSE"), or by the London Stock Exchange Plc ("Exchange"), or by The Financial Times Limited ("FT") or by Research Affiliates LLC ("RA"), and neither FTSE nor Exchange nor FT nor RA makes any warranty or representation whatsoever, expressly or implicitly, as to the results to be obtained from the use of the FTSE RAFI US 1500 Small-Mid Index ("Index") and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE in conjunction with RA; however, neither FTSE nor Exchange nor FT nor RA shall be liable (whether in negligence or otherwise) to any person for any error in the Index, and neither FTSE nor the Exchange nor FT nor RA shall be under any obligation to advise any person of any error therein. "FTSE" is a trademark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited under license. "Research Affiliates" and "Fundamental Index" are trademarks of Research Affiliates.
Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.