Invesco S&P MidCap 400 Pure Value ETF
$146.85+1.97 (+1.36%)
- 0.35%
- $333M
- +20.7%
- 1.65%
- 0M sh
- $144.61
- low $121.21high $153.30
The ETF.net RFV Grade
C
Score 48 out of 100
- 25 of 43
Score 48 of 100 falls in the C 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.B57 out of 100Rank 25 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 33 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 19 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 19 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 14 of 43
Our read on RFV
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.
The Fund seeks to track the S&P MidCap 400® Pure Value Index.
Why people hold it
- The 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.
- 0.35% a year, under the median for its index-fund peer group. A concentrated factor screen without a boutique price tag.
- Live since 2006 under Invesco, so the strategy has a long public record rather than a backtest, and it distributes quarterly.
Worth knowing
- Thinly traded. Bid-ask spreads can run wider than on mainstream index funds, which makes the mechanics of the trade itself worth attention.
- Concentration 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.
- Cheap 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
- Stocks
- 95
- 31%
- PBF
Sectors
- Consumer Discretionary22.7%
- Financials17.0%
- Energy16.0%
- Technology13.4%
- Industrials11.2%
- Consumer Staples6.1%
- Materials5.8%
- Real Estate4.0%
- Health Care2.4%
- Communication1.6%
Geography
- United States98.98%
- United Kingdom1.02%
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$12,071
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 | RFV |
|---|---|
| Year to date | +14.8% |
| 1 month | −3.2% |
| 3 months | +0.4% |
| 1 year | +20.7% |
| 3 years | +16.8% |
| 5 years | +11.2% |
| 10 years | +12.1% |
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 | RFV |
|---|---|---|
| 2026 YTD | +14.8% | |
| 2025 | +7.7% | |
| 2024 | +5.6% | |
| 2023 | +30.3% | |
| 2022 | −4.0% | |
| 2021 | +33.0% | |
| 2020 | +9.7% |
RFV in the news
RFV Dividends
- 1.65%
- $2.39
- $0.57 per share
- Quarterly
Distribution history
RFV Risk
- 18.5%
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.
- 0.59
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.
- −24.7%
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.
- 1.05
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
0.35%
RFV0.35%
- The middle half of Other Major Indexes funds
- Median 0.29%
23 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- CNXTISimplify NEXT Intangible Core Index ETFExpense ratio 0.25%1 year return +17.6%
- CCHRIGlobal X S&P 500 Christian Values ETFExpense ratio 0.29%1 year return +19.0%
- CTMFXMotley Fool Next Index ETFExpense ratio 0.50%1 year return +14.9%
- CQQXTFirst Trust NASDAQ-100 Ex-Technology Sector Index FundExpense ratio 0.57%1 year return +2.1%
- CWLDRAffinity World Leaders Equity ETFExpense ratio 1.05%1 year return +42.0%