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ETFs

Invesco S&P SmallCap 600 Pure Value ETF

RZV
$--
Today’s Change
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Snapshot
*

Inception Date
Mar 1, 2006
Expense Ratio
0.35%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$588,960
AUM
$230,116,094
Associated Index
S&P SmallCap 600 Pure Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SKYW
Skywest Inc.
3.38%
MHO
MI Homes Inc.
2.84%
GIII
G-III Apparel Group Ltd.
2.47%
TDS
Telephone And Data Systems, Inc.
2.39%
ZEUS
Olympic Steel Inc.
2.02%
GNW
Genworth Financial Inc - Ordinary Shares - Class A
1.71%
CCS
Century Communities Inc
1.69%
ANF
Abercrombie & Fitch Co. - Ordinary Shares - Class A
1.66%
KELYA
Kelly Services, Inc. - Ordinary Shares - Class A
1.62%
TPH
Tri Pointe Homes Inc.
1.61%
Invest with RZV

What is RZV?

The Invesco S&P SmallCap 600 Pure Value ETF (Fund) is based on the S&P SmallCap 600 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P SmallCap 600 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

ETFs related toRZV

ETFs correlated to RZV include IJS, SLYV, VIOV

RZV
Invesco Capital Management LLC - Invesco S&P SmallCap 600 Pure Value ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Value ETF
RWJ
Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap 600 Revenue ETF
EES
WisdomTree Trust - WisdomTree U.S. SmallCap Fund
XSVM
Invesco Capital Management LLC - Invesco S&P SmallCap Value with Momentum ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap 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.

Automated Strategies
Related toRZV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RZV using Composer

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FAQ

RZV is a US Equities ETF. The Invesco S&P SmallCap 600 Pure Value ETF (Fund) is based on the S&P SmallCap 600 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P SmallCap 600 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

RZV tracks the S&P SmallCap 600 Pure Value Index.

No, RZV 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, RZV 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 RZV is -0.0247%. This is the percent change in the value of RZV over the most recent 1-month period. The 3-month return on RZV is 0.0084%. This is the percent change in the value of RZV over the most recent 3-month period.

The standard deviation of RZV for the past year is 0.2492%. 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 RZV include IWO, VTV, and VUG.

ETFs correlated to RZV include IJS, SLYV, and VIOV.

ETFs that are inversely correlated to RZV 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.