Key stats
About Invesco RAFI US 1500 Small-Mid ETF
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Inception date
Sep 20, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46137V5975
PRFZ is more of a fundamental small-cap portfolio than a true extended market fund. The index calculates a fundamental weight for the index components based on their book value plus intangibles, adjusted cash flow and sales, and dividend plus buybacks. It then selects firms ranked 1,001-2,500 by fundamental weight, rather than by market cap. This process effectively removes most mid-caps. PRFZ then weights holdings by their fundamental factors, further tilting the portfolio small, with a large majority allocated to small- and micro-caps. From a size perspective, PRFZ pairs well with sibling fund PRF, which is the large-cap version of this fund. The index is rebalanced quarterly in March, June, September, and December. Prior to March 24, 2025, the fund tracked the FTSE RAFI US 1500 Mid Small Index and was called the Invesco FTSE RAFI US 1500 Small-Mid ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.82%
Finance25.04%
Technology Services11.75%
Health Technology8.54%
Electronic Technology8.29%
Producer Manufacturing7.06%
Consumer Services5.71%
Industrial Services4.07%
Retail Trade3.56%
Commercial Services3.49%
Consumer Durables3.44%
Consumer Non-Durables3.30%
Process Industries3.30%
Non-Energy Minerals2.36%
Health Services2.14%
Transportation2.04%
Energy Minerals1.79%
Utilities1.75%
Distribution Services1.01%
Communications0.85%
Miscellaneous0.31%
Bonds, Cash & Other0.18%
Mutual fund0.14%
Miscellaneous0.06%
Cash−0.02%
Stock breakdown by region
North America98.04%
Europe1.53%
Middle East0.19%
Latin America0.14%
Asia0.08%
Oceania0.02%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PRFZ invests in stocks. The fund's major sectors are Finance, with 25.05% stocks, and Technology Services, with 11.75% of the basket. The assets are mostly located in the North America region.
PRFZ top holdings are AppLovin Corp. Class A and CommScope Holding Co., Inc., occupying 0.65% and 0.54% of the portfolio correspondingly.
PRFZ last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 58.43% increase.
PRFZ assets under management is 2.55 B USD. It's risen 6.01% over the last month.
PRFZ fund flows account for −171.74 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PRFZ pays dividends to its holders with the dividend yield of 1.14%. The last dividend (Jun 27, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
PRFZ shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Sep 20, 2006, and its management style is Passive.
PRFZ expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
PRFZ follows the FTSE RAFI US 1500 Small-Mid Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRFZ invests in stocks.
PRFZ price has risen by 5.59% over the last month, and its yearly performance shows a 7.94% increase. See more dynamics on PRFZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.94% over the last month, showed a 14.56% increase in three-month performance and has increased by 10.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.94% over the last month, showed a 14.56% increase in three-month performance and has increased by 10.73% in a year.
PRFZ trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.