Invesco RAFI US 1500 Small-Mid ETF
$52.83−0.09 (−0.17%)
- 0.36%
- $2.7B
- +21.4%
- 0.84%
- 0.1M sh
- $53.17
- low $42.73high $56.84
The ETF.net PRFZ Grade
B
Score 64 out of 100
- 18 of 43
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C43 out of 100Rank 24 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 9 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D32 out of 100Rank 34 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 9 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A89 out of 100Rank 1 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 8 of 43
Our read on PRFZ
BMost small-cap funds let the market's price tag decide position size. PRFZ, running since 2006, sizes roughly 1,500 US small and mid caps by business heft instead: book value, cash flow, sales and dividends.
The fund is a passively managed index fund that seeks to track the investment results of its underlying index before fees and expenses.
Why people hold it
- Weights companies by four measures of business size rather than share price, so a hot stock cannot buy itself a bigger slot in the portfolio just by getting more expensive.invesco.cominvesco.com
- 0.34% a year undercuts the median fee among the index trackers it competes with, and the fund has stayed tight to its benchmark before costs.
- About 1,500 holdings spread the strategy across the whole small and mid-cap field, no single name carrying the fund. Distributions come quarterly.
- Live since 2006 and now a multi-billion-dollar fund, it is one of the longest-running fundamental-weighting ETFs on the market and sits in the top quartile of its peer group.
Worth knowing
- Sizing by fundamentals leans the portfolio toward cheaper, asset-heavy companies, so it can drift well away from a plain cap-weighted small-cap index in growth-led stretches.invesco.com
- Plain cap-weighted small and mid-cap trackers such as VXF charge a fraction of 0.34%. The gap is the price of the weighting rule.
- Small and mid caps move more sharply than large caps, and this is a fully invested stock fund with no bond or cash ballast to soften the ride.invesco.com
PRFZ Holdings
- Stocks
- 1,486
- 4%
- IOVA
Sectors
- Technology20.9%
- Health Care17.7%
- Financials14.3%
- Industrials14.2%
- Consumer Discretionary10.0%
- Real Estate6.2%
- Energy5.2%
- Materials4.2%
- Consumer Staples3.4%
- Communication2.5%
- Utilities1.3%
Geography
- United States97.50%
- United Kingdom0.82%
- Bermuda0.69%
- Luxembourg0.25%
- Netherlands0.19%
- Cayman Islands0.12%
- Ireland0.09%
- Greece0.07%
- 0.27%
PRFZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PRFZ$12,143
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PRFZ |
|---|---|
| Year to date | +16.1% |
| 1 month | −1.0% |
| 3 months | −2.8% |
| 1 year | +21.4% |
| 3 years | +19.3% |
| 5 years | +8.6% |
| 10 years | +11.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PRFZ |
|---|---|---|
| 2026 YTD | +16.1% | |
| 2025 | +11.2% | |
| 2024 | +12.7% | |
| 2023 | +20.2% | |
| 2022 | −16.3% | |
| 2021 | +28.3% | |
| 2020 | +11.9% |
PRFZ in the news
PRFZ Dividends
- 0.84%
- $0.44
- $0.13 per share
- Quarterly
Distribution history
PRFZ Risk
- 18.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.74
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PRFZ Cost
0.36%
PRFZ0.36%
- The middle half of Other Major Indexes funds
- Median 0.29%
25 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- BRWLInvesco S&P 500 Revenue ETFExpense ratio 0.39%1 year return +24.1%
- BXJRiShares ESG Select Screened S&P Small-Cap ETFExpense ratio 0.12%1 year return +20.5%
- BNZACState Street SPDR MSCI ACWI Climate Paris Aligned ETFExpense ratio 0.12%1 year return +14.6%
- BSPUSSP Funds S&P 500 Sharia Industry Exclusions ETFExpense ratio 0.45%1 year return +25.3%
- BRFGInvesco S&P MidCap 400 Pure Growth ETFExpense ratio 0.35%1 year return +20.5%