Invesco S&P SmallCap 600 Pure Value ETF: A Comprehensive Guide for Investors

The Invesco S&P SmallCap 600 Pure Value ETF (RZV) is a passively managed exchange-traded fund that tracks the S&P SmallCap 600 Pure Value Index. It has $206.50 million in assets and is sponsored by Invesco. The fund has a 12-month trailing dividend yield of 0.96% and a 0.35% annual operating expense ratio. It has a 26.80% allocation to the Consumer Discretionary sector and a 2.49% allocation to Par Pacific Holdings Inc (PARR). The ETF has lost about -3.48% so far this year and is down about -0.25% in the last one year. It has a beta of 1.20 and standard deviation of 24.57% for the trailing three-year period, making it a high risk choice in the space.

The Invesco S&P SmallCap 600 Pure Value ETF (RZV) is a passively managed exchange-traded fund (ETF) that tracks the S&P SmallCap 600 Pure Value Index. With $206.50 million in assets and sponsored by Invesco, the fund offers broad exposure to the Style Box - Small Cap Value category of the market. RZV has a 12-month trailing dividend yield of 0.96% and an annual operating expense ratio of 0.35% [1].

The fund allocates 26.80% of its assets to the Consumer Discretionary sector, with significant exposure to Financials and Energy sectors. Par Pacific Holdings Inc (PARR) accounts for 2.49% of the fund's total assets. RZV has experienced a year-to-date loss of -3.48% and a decline of -0.25% over the last 12 months. The ETF's beta of 1.20 and standard deviation of 24.57% over the trailing three-year period indicate a high-risk profile [1].

Investors should consider the fund's high risk and potential for higher returns. However, other ETFs in the space, such as the iShares Russell 2000 Value ETF (IWN) and the Vanguard Small-Cap Value ETF (VBR), offer lower expense ratios and potentially lower risk [1].

For more information about this product and other ETFs, visit the Zacks ETF Center [1].

References:

[1] https://finance.yahoo.com/news/invesco-p-smallcap-600-pure-102002844.html