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ETFs

Invesco S&P SmallCap 600 Revenue ETF

RWJ
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 19, 2008
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$5,490,431
AUM
$1,297,812,708
Associated Index
S&P SmallCap 600 Revenue-Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

WKC
World Kinect Corp
4.57%
UNFI
United Natural Foods Inc.
2.57%
ANDE
Andersons Inc.
1.43%
GPI
Group 1 Automotive, Inc.
1.38%
LNC
Lincoln National Corp.
1.38%
LUMN
Lumen Technologies Inc
1.38%
DISH
Dish Network Corp - Ordinary Shares - Class A
1.32%
ABG
Asbury Automotive Group Inc
1.24%
SAH
Sonic Automotive, Inc. - Ordinary Shares - Class A
1.11%
CYH
Community Health Systems, Inc.
0.91%
Invest with RWJ
Trade RWJ Options

What is RWJ?

The Invesco S&P SmallCap 600 Revenue ETF (the "Fund") is based on the S&P SmallCap 600 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 rules-based approach that re-weights securities of the S&P SmallCap 600 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

1M
3M
6M
YTD
1Y
3Y
Max
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RWJ
Performance Measures**

for the time period Feb 22, 2008 to Dec 5, 2025

Returns

1M Trailing Return: 2.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -56.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 26.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.54

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.21

The annualized return divided by the max drawdown for the selected time period.

ETFs related toRWJ

ETFs correlated to RWJ include SLYV, IJS, IJR

RWJ
Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap 600 Revenue ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Value ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value 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.

Trading Strategies
Related toRWJ

BLACK SWAN CATCHER + BIL CANARY + EQUITY (BACKTESTS TO 5/14/2013) 37246.1% CUMULATIVE/82.8% ANNUAL/21.8% DRAWDOWN

Category

Trend filter, crash hedge (UVXY), cash canary (BIL), value/dividend equities, small caps, gold, TIPS or floating-rate bonds, RSI signals

OOS Cumulative Return

72.34%

Create your own algorithmic trading strategy with RWJ using Composer

FAQ

RWJ is a US Equities ETF. The Invesco S&P SmallCap 600 Revenue ETF (the "Fund") is based on the S&P SmallCap 600 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 rules-based approach that re-weights securities of the S&P SmallCap 600 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

RWJ tracks the S&P SmallCap 600 Revenue-Weighted Index.

No, RWJ 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, RWJ 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 RWJ is -0.0278%. This is the percent change in the value of RWJ over the most recent 1-month period. The 3-month return on RWJ is 0.0084%. This is the percent change in the value of RWJ over the most recent 3-month period.

The standard deviation of RWJ for the past year is 0.2379%. 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 RWJ include SPHQ, DSI, and QUAL.

ETFs correlated to RWJ include SLYV, IJS, and IJR.

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

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.