Invesco S&P SmallCap 600 Revenue ETF
$57.79−0.46 (−0.79%)
- Expense ratio
- 0.39%
- Fund size
- $2.0B
- 1Y return
- +22.3%
- Yield · Last 12 months
- 1.11%
- Holdings
- 608
- Volume · 30D
- 0.1M sh
- NAV per share
- $57.88
- 52W range
The ETF.net RWJ Grade
Score 39 of 100 sits in the D 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.FScore 10Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 72Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 35Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 42Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 44Category rank
Our read on RWJ
DSame 600 small caps as the standard S&P SmallCap 600, sorted by sales instead of market value. Revenue weighting pushes the portfolio toward companies with big top lines rather than big share prices.
The fund is based on the S&P SmallCap 600 Revenue-Weighted Index and invests at least 90% of total assets in index securities. It limits each company to a maximum 5% weighting and rebalances quarterly with the index.
Why people hold it
- The index reweights the S&P SmallCap 600 by revenue, caps any company at 5%, and rebalances quarterly. A rules-based tilt, no stock picking.invesco.com
- Live since 2008, so this weighting scheme has run through the financial crisis, the 2020 crash and every stretch since.
- Holds about 600 names and distributes quarterly; the 5% cap stops one winner from swallowing the portfolio.
Worth knowing
- The 0.39% fee runs roughly double the typical S&P 600 tracker, and cap-weighted versions like SPSM (0.03%) and IJR (0.06%) cost a fraction. That is the price of reweighting.
- Ranking by sales favors high-revenue, thin-margin businesses, so sector weights can sit a long way from the cap-weighted S&P SmallCap 600.
- Resetting to revenue weights every quarter means more turnover than a set-and-forget cap-weighted fund.
RWJ Holdings
- Stocks
- 608
- 16%
- WKC
Sectors
- Consumer Discr.24.8%
- Industrials15.7%
- Financials12.8%
- Technology10.9%
- Energy8.7%
- Cons. Staples8.3%
- Health Care6.6%
- Materials5.2%
- Real Estate3.5%
- Communication2.5%
- Utilities0.9%
Geography
- United States97.02%
- Ireland1.24%
- Bermuda0.81%
- Switzerland0.42%
- Cayman Islands0.29%
- Puerto Rico0.07%
- Bahamas0.06%
- Israel0.05%
- 0.04%
RWJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | RWJ |
|---|---|
| Year to date | +20.7% |
| 1 month | −4.8% |
| 3 months | +1.2% |
| 1 year | +22.3% |
| 3 years | +18.3% |
| 5 years | +10.1% |
| 10 years | +12.7% |
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 | RWJ |
|---|---|---|
| 2026 YTD | +20.7% | |
| 2025 | +7.7% | |
| 2024 | +11.8% | |
| 2023 | +16.2% | |
| 2022 | −11.0% | |
| 2021 | +52.9% | |
| 2020 | +20.8% |
RWJ in the news
ETF.net Research hasn’t filed on RWJ yet — coverage lands here as it’s written.
RWJ Dividends
- 1.11%
- $0.65
- $0.19 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.19 |
| Jun 22, 2026 | Jun 26, 2026 | $0.15 |
| Mar 23, 2026 | Mar 27, 2026 | $0.16 |
| Dec 22, 2025 | Dec 26, 2025 | $0.15 |
| Sep 22, 2025 | Sep 26, 2025 | $0.15 |
| Jun 23, 2025 | Jun 27, 2025 | $0.12 |
| Mar 24, 2025 | Mar 28, 2025 | $0.13 |
| Dec 23, 2024 | Dec 27, 2024 | $0.11 |
| Sep 23, 2024 | Sep 27, 2024 | $0.15 |
| Jun 24, 2024 | Jun 28, 2024 | $0.13 |
| Mar 18, 2024 | Mar 22, 2024 | $0.13 |
| Dec 18, 2023 | Dec 22, 2023 | $0.16 |
RWJ Risk
- 20.7%
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.
- 0.66
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.
- −29.3%
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.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RWJ Cost
- The middle half of S&P SmallCap 600 funds
- Median 0.15%
11 of the 13 S&P SmallCap 600 funds charge less.