Skip to content
etf.net

RFV

GradeCNew York Stock Exchange Arca

Invesco S&P MidCap 400 Pure Value ETF

Major Indexes · Invesco · Inception 2006-03-01 · SEC filings

$144.92−0.65 (−0.45%)

As of Sep 23, 2026, 3:05 PM EDT

Intraday session: down, 68 prints from 145.57 to 144.92. Range 144.92 to 146.16. Use the arrow keys to read each point.$145.50$146.0010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$328M
1Y return
+14.3%
Yield · Last 12 months
1.64%
Holdings
96
Volume · 30D
0M sh
NAV per share
$145.21
52W range
low $121.21high $153.30

The ETF.net RFV Grade

C

49/ 100

Rank 24 of 44 in Other Major Indexes⁠

Confidence High

Six-pillar profile for RFV. Scores out of 100: Cost 44, Risk 29, Mission 61, Tradability 50, Holdings 60, Durability 68. Strongest: Durability (68). Weakest: Risk (29). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 44
    Category rank26/44 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 61
    Category rank24/31 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 29
    Category rank34/43 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank19/44 · top 43%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 60
    Category rank19/42 · top 45%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 68
    Category rank15/44 · top 34%

Graded as of Sep 22, 2026

Our read on RFV

ETF.net Research

CMid-cap value with no hedging: RFV holds only the deepest-value slice of the S&P MidCap 400, roughly 100 names, and skips everything else. It has run that same screen since 2006 at a fee below the typical index fund in its class.

Stated mandate

The Fund seeks to track the S&P MidCap 400® Pure Value Index.

Why people hold it

  1. 01The screen is the whole point. About 100 names survive out of the S&P MidCap 400, so the value tilt actually shows up in the portfolio instead of getting diluted.
  2. 020.35% a year, under the median for its index-fund peer group. A concentrated factor screen without a boutique price tag.
  3. 03Live since 2006 under Invesco, so the strategy has a long public record rather than a backtest, and it distributes quarterly.

Worth knowing

  1. 01Thinly traded. Bid-ask spreads can run wider than on mainstream index funds, which makes the mechanics of the trade itself worth attention.
  2. 02Concentration cuts both ways: roughly 100 hard-screened stocks move around more than the full 400, and value can sit out of favor for long stretches.
  3. 03Cheap for a factor fund, not cheap outright. Plain vanilla value index peers such as SPYV and VOOV charge a fraction as much for broader, blunter exposure.

RFV Holdings

As of Sep 20, 2026, 1:46 PM
Asset class
Stocks
Holdings
96
Top-10 weight
29%
Largest holding
PBF4.9%

Sectors

  • Consumer Discr.22.6%
  • Financials17.3%
  • Energy16.3%
  • Technology12.5%
  • Industrials10.9%
  • Materials6.4%
  • Cons. Staples6.1%
  • Real Estate3.9%
  • Health Care2.4%
  • Communication1.7%

Geography

  • United States98.93%
  • United Kingdom1.07%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PBFPBF Energy Inc4.90%210,540$16M158
002AVTAvnet Inc4.25%146,628$14M176
003ARWArrow Electronics Inc4.06%61,384$13M174
004DINOHF Sinclair Corp4.05%115,873$13M232
005SNXTD SYNNEX Corp2.73%34,060$9M230
006LEALear Corp2.03%55,790$7M186
007PKPark Hotels & Resorts Inc1.86%412,276$6M112
008MOHMolina Healthcare Inc1.81%29,907$6M144
009CHRDChord Energy Corp1.81%41,546$6M190
010PAGPenske Automotive Group Inc1.78%27,810$6M156
011HOGHarley-Davidson Inc1.72%220,555$6M131
012RGAReinsurance Group of America Inc1.71%23,107$6M194
013LADLithia Motors Inc1.66%17,421$6M152
014SIRISirius XM Holdings Inc1.65%200,347$5M162
015FLRFluor Corp1.63%98,781$5M147

Showing 1–15 of 97 holdings

RFV Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RFV$11,429
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RFV $11,429. SPY $11,723. Use the arrow keys to read each point.$9,337$10,743$12,148Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for RFV. Periods over one year show the average yearly return.
PeriodRFV
Year to date+15.2%
1 month−3.1%
3 months+2.5%
1 year+14.3%
3 years+16.3%per year
5 years+12.0%per year
10 years+12.1%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RFV
YearReturn barRFV
2026 YTD+15.2%
2025+7.7%
2024+5.6%
2023+30.3%
2022−4.0%
2021+33.0%
2020+9.7%

RFV in the news

ETF.net Research hasn’t filed on RFV yet — coverage lands here as it’s written.

RFV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.64%Last 12 months
Payout per share
$2.39Last 12 months
Upcoming payment
$0.57 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.20; Jun 16, 2017 $0.29; Sep 15, 2017 $0.23; Dec 15, 2017 $0.23; Mar 16, 2018 $0.20; Jun 15, 2018 $0.20; Sep 24, 2018 $0.21; Dec 24, 2018 $0.18; Mar 18, 2019 $0.23; Jun 24, 2019 $0.27; Sep 23, 2019 $0.29; Dec 23, 2019 $0.39; Mar 23, 2020 $0.42; Jun 22, 2020 $0.34; Sep 21, 2020 $0.21; Dec 21, 2020 $0.15; Mar 22, 2021 $0.32; Jun 21, 2021 $0.30; Sep 20, 2021 $0.40; Dec 20, 2021 $0.53; Mar 21, 2022 $0.42; Jun 21, 2022 $0.56; Sep 19, 2022 $0.49; Dec 19, 2022 $0.39; Mar 20, 2023 $0.40; Jun 20, 2023 $0.40; Sep 18, 2023 $0.36; Dec 18, 2023 $0.33; Mar 18, 2024 $0.36; Jun 24, 2024 $0.40; Sep 23, 2024 $0.41; Dec 23, 2024 $0.42; Mar 24, 2025 $0.66; Jun 23, 2025 $0.77; Sep 22, 2025 $0.60; Dec 22, 2025 $0.62; Mar 23, 2026 $0.66; Jun 22, 2026 $0.54; Sep 21, 2026 $0.57. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Pays Sep 25, 2026$0.57
Jun 22, 2026Jun 26, 2026$0.54
Mar 23, 2026Mar 27, 2026$0.66
Dec 22, 2025Dec 26, 2025$0.62
Sep 22, 2025Sep 26, 2025$0.60
Jun 23, 2025Jun 27, 2025$0.77
Mar 24, 2025Mar 28, 2025$0.66
Dec 23, 2024Dec 27, 2024$0.42
Sep 23, 2024Sep 27, 2024$0.41
Jun 24, 2024Jun 28, 2024$0.40
Mar 18, 2024Mar 22, 2024$0.36
Dec 18, 2023Dec 22, 2023$0.33

RFV Risk

How much the fund’s monthly returns vary, scaled to a year.
18.6%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.57
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−24.7%
Trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RFV Cost

Expense ratio0.35%
  • The middle half of Other Major Indexes funds
  • Median 0.29%

23 of the 42 Other Major Indexes funds charge less.

RFV costs $35.00 a year on $10,000. The median Other Major Indexes fund costs $29.00.