Skip to Content
ETFs

Invesco S&P Ultra Dividend Revenue ETF

RDIV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30 2013
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$3,424,701
AUM
$679,953,455
Associated Index
S&P 900 Dividend Revenue-Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
5.87%
INTC
Intel Corp.
5.71%
PM
Philip Morris International Inc
5.40%
DOW
Dow Inc
5.38%
MMM
3M Co.
5.23%
DUK
Duke Energy Corp.
4.85%
C
Citigroup Inc
4.83%
USB
U.S. Bancorp.
4.78%
BBY
Best Buy Co. Inc.
4.59%
TFC
Truist Financial Corporation
4.30%
Invest with RDIV

What is RDIV?

The Invesco S&P Ultra Dividend Revenue ETF (the "Fund") is based on the S&P 900 Dividend Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rule-based methodology that starts with the S&P 900 Index and (1) excludes the top 5% of securities by dividend yield, (2) excludes the top 5% of securities within each sector by dividend payout ratio, (3) selects the top sixty securities by dividend yield and (4) re-weights those securities according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are reconstituted and rebalanced quarterly according to dividend yields and revenue weightings.

ETFs related toRDIV

ETFs correlated to RDIV include SDOG, SPYD, VFVA

RDIV
Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF
SDOG
ALPS Advisors Inc - ALPS Sector Dividend Dogs ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
RPV
Invesco Capital Management LLC - Invesco S&P 500 Pure Value ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
DON
WisdomTree Trust - WisdomTree U.S. MidCap Dividend Fund
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRDIV

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RDIV using Composer

FAQ

RDIV is a US Equities ETF. The Invesco S&P Ultra Dividend Revenue ETF (the "Fund") is based on the S&P 900 Dividend Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rule-based methodology that starts with the S&P 900 Index and (1) excludes the top 5% of securities by dividend yield, (2) excludes the top 5% of securities within each sector by dividend payout ratio, (3) selects the top sixty securities by dividend yield and (4) re-weights those securities according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are reconstituted and rebalanced quarterly according to dividend yields and revenue weightings.

RDIV tracks the S&P 900 Dividend Revenue-Weighted Index.

RDIV dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, RDIV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RDIV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RDIV is -0.0163%. This is the percent change in the value of RDIV over the most recent 1-month period. The 3-month return on RDIV is -0.0193%. This is the percent change in the value of RDIV over the most recent 3-month period.

The standard deviation of RDIV for the past year is 0.2107%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RDIV include VYM, DFAS, and DFAT.

ETFs correlated to RDIV include SDOG, SPYD, and VFVA.

ETFs that are inversely correlated to RDIV include RWM, TWM, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.