RPG: INVESCO S&P 500 PURE GROWTH ETF
Share-split context: A forward split was recorded on Jul 17, 2023 with coefficient 5. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The Invesco S&P 500 Pure Growth ETF (RPG) focuses on companies within the S&P 500 that show strong growth characteristics. Instead of focusing on dividends, this fund looks for companies that are growing their business quickly.
What the numbers show
As of October 7, 2026, the share price is $59.89. This ETF has a history of forward splits. Most recently, on July 17, 2023, it had a 5-for-1 split. This means every old share became five new shares, and the price per share fell proportionally. This change did not create a gain or a loss; it just changed the number of shares.
Because of this split history, we look at split-adjusted returns to see how the fund performed:
• Year-to-Date: The price return is 28.31%, and the total return is 28.49%.
• One Year: The price return is 25.21%, and the total return is 25.40%.
• Three Year: The price return is 100.91%, and the total return is 102.94%.
Price return measures only the change in the share price. Total return includes both the price change and the distributions paid to investors.
Income and distribution explanation
This ETF usually pays distributions quarterly. Its distribution yield is 0.14%.
It is important for beginners to know that a distribution yield is not the same as a total return. While some investors like receiving cash payments, a high yield alone can be misleading if the share price is falling. In this case, the yield is very low because the fund focuses on growth rather than income.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's underlying assets drops over time. This ETF has an erosion-risk score of 100, and the erosion severity is labeled as "good." The data shows no price erosion was detected, and there is no severe erosion-risk flag.
Top Holdings
The fund holds 96 different assets. As of October 8, 2026, the top holdings (which are a partial list) include:
• PLTR: 2.76%
• NVIDIA CORP (NVDA): 2.26%
• HOWMET AEROSPACE INC (HWM): 2.18%
• VISTRA CORP (VST): 2.15%
• ROYAL CARIBBEAN GROUP (RCL): 2.11%
Pros
• Strong split-adjusted price and total returns over the last three years.
• No detected NAV erosion.
Cons
• Very low distribution yield for those seeking regular income.
Beginner takeaway
The RPG ETF is designed for growth. It has shown significant price increases over the last three years. While it pays a small amount of cash to investors, its main goal is to increase the value of the shares rather than provide high monthly or quarterly income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | PLTR | 2.76% |
| 2 | NVIDIA CORP | NVDA | 2.26% |
| 3 | HOWMET AEROSPACE INC | HWM | 2.18% |
| 4 | VISTRA CORP | VST | 2.15% |
| 5 | ROYAL CARIBBEAN GROUP | RCL | 2.11% |
| 6 | UNITED AIRLINES HOLDINGS INC | UAL | 2.03% |
| 7 | BROADCOM INC | AVGO | 2.00% |
| 8 | QUANTA SERVICES INC | PWR | 1.98% |
| 9 | CARNIVAL CORP | CCL | 1.97% |
| 10 | ARISTA NETWORKS INC | ANET | 1.93% |