RPV: INVESCO S&P 500 PURE VALUE ETF
Understanding the INVESCO S&P 500 PURE VALUE ETF (RPV)
The INVESCO S&P 500 PURE VALUE ETF (ticker: RPV) is designed to invest in "value" stocks within the S&P 500. Value investing generally refers to looking for companies that may be priced lower than what they are actually worth.
What this ETF is trying to do
This fund focuses on a specific strategy of finding value in large U.S. companies. It holds a variety of stocks across different industries to follow this pure value approach.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (how much the share price changed) and total return (which includes both price changes and distributions).
• Year-to-Date (YTD): The price return is approximately 13.51%, while the total return is approximately 15.53%.
• One-Year: The price return was approximately 19.43%, and the total return was approximately 22.20%.
• Three-Year: The price return was approximately 63.18%, and the total return was approximately 75.54%.
• Five-Year: The five-year total return is approximately 68.30%.
To visualize the price change, the estimated price from roughly one year ago was $98.23. The current price is $117.32.
Income and distribution explanation
This ETF provides cash to investors through distributions. The current distribution yield is approximately 2.15%. This means the cash paid out is about 2.15% of the current share price.
The fund usually pays distributions on a quarterly basis, having made 4 payments over the last 12 months. The trailing distributions (the cash paid out over the last year) totaled approximately $2.53 per share.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• CENTENE CORP (2.73%)
• HEWLETT PACKARD ENTERPRISE CO (2.58%)
• HUMANA INC (2.44%)
• ARCHER-DANIELS-MIDLAND CO (2.33%)
• VALERO ENERGY CORP (2.31%)
• BUNGE GLOBAL SA (2.15%)
• PHILLIPS 66 (2.13%)
• MARATHON PETROLEUM CORP (2.06%)
• TARGET CORP (1.90%)
• CVS HEALTH CORP (1.80%)
*Holdings are subject to change over time.*
Pros
• The fund has shown positive price returns and total returns over the one, three, and five-year periods.
• It has a high income rating grade of "A."
Cons
• As with all ETFs, the value of the investment can go up or down based on market movements.
Beginner takeaway
RPV is a value-focused ETF that has recently seen growth in both its share price and its total return. While it provides regular quarterly distributions, investors should remember that a distribution yield is not the same as total return.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CENTENE CORP | CNC | 2.73% |
| 2 | HEWLETT PACKARD ENTERPRISE CO | HPE | 2.58% |
| 3 | HUMANA INC | HUM | 2.44% |
| 4 | ARCHER-DANIELS-MIDLAND CO | ADM | 2.33% |
| 5 | VALERO ENERGY CORP | VLO | 2.31% |
| 6 | BUNGE GLOBAL SA | BG | 2.15% |
| 7 | PHILLIPS 66 | PSX | 2.13% |
| 8 | MARATHON PETROLEUM CORP | MPC | 2.06% |
| 9 | TARGET CORP | TGT | 1.90% |
| 10 | CVS HEALTH CORP | CVS | 1.80% |