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ETFs

Invesco S&P MidCap 400 Revenue ETF

RWK
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 20, 2008
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$2,412,819
AUM
$510,811,282
Associated Index
S&P MidCap 400 Revenue-Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with RWK
Trade RWK Options

What is RWK?

The Invesco S&P MidCap 400 Revenue ETF (the "Fund") is based on the S&P MidCap 400 Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities of mid-capitalization companies in the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P MidCap 400 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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RWK
Performance Measures**

for the time period Feb 22, 2008 to Dec 4, 2025

Returns

1M Trailing Return: 4.2%

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

3M Trailing Return: 0.5%

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

Measures of Risk or Volatility

Max Drawdown: -56.5%

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

Standard Deviation: 24.0%

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: 0.55

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: 0.19

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

ETFs related toRWK

ETFs correlated to RWK include IVOO, IJH, MDY

RWK
Invesco Exchange-Traded Fund Trust II - Invesco S&P MidCap 400 Revenue ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
FNX
First Trust Exchange-Traded Fund III - First Trust Mid Cap Core AlphaDEX Fund
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 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.

FAQ

RWK is a US Equities ETF. The Invesco S&P MidCap 400 Revenue ETF (the "Fund") is based on the S&P MidCap 400 Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities of mid-capitalization companies in the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P MidCap 400 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

RWK tracks the S&P MidCap 400 Revenue-Weighted Index.

No, RWK 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, RWK 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 RWK is -0.0153%. This is the percent change in the value of RWK over the most recent 1-month period. The 3-month return on RWK is 0.0192%. This is the percent change in the value of RWK over the most recent 3-month period.

The standard deviation of RWK for the past year is 0.2152%. 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 RWK include SPHQ, DSI, and QUAL.

ETFs correlated to RWK include IVOO, IJH, and MDY.

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

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.