Key stats
About Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 Revenue ETF
Expense ratio
0.39%
Home page
Inception date
Feb 19, 2008
ISIN
US46138G6641
RWJ is one of a handful of small-cap ETFs that approach the space with a fundamentals-weighted methodology. In this case, the component stocks are simply weighted by top-line revenue rather than market capitalization. The fund basically invests in positive revenue-producing securities of the S&P SmallCap 600, a market-cap-weighted index that consists of US small-cap companies screened for size, liquidity, and financial viability. The index defines a constituents revenue by the sum of its most recently reported trailing four-quarter revenues. Constituents with higher revenues are more heavily weighted. The index rebalances quarterly so that no individual constituent exceeds 5% weight. Prior to June 4, 2018 the funds underlying index was called OFI Revenue Weighted Small Cap Index.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Stock breakdown by region