RZV: INVESCO S&P SMALLCAP 600 PURE VALUE ETF
Understanding the INVESCO S&P SMALLCAP 600 PURE VALUE ETF (RZV)
The INVESCO S&P SMALLCAP 600 PURE VALUE ETF (ticker: RZV) is designed to invest in small companies that are considered "value" stocks. This means the fund looks for companies that might be priced lower than what they are actually worth.
What the numbers show
The data shows that RZV has experienced significant growth in its share price over different time periods.
• Year-to-Date (YTD): The price return is approximately 18.47%. When you include distributions, the total return is approximately 19.90%.
• One-Year: The price return was approximately 20.48%, while the total return was approximately 22.36%.
• Three-Year: The price return was approximately 59.63%, and the total return was approximately 66.79%.
To visualize this, the estimated price from roughly one year ago was $116.94. The current price is $140.89.
Income and distribution explanation
RZV provides cash to investors through distributions. The current distribution yield is 1.45%. This means the annual cash payments represent 1.45% of the current share price. The fund usually pays these distributions quarterly, and it has made 4 payments over the last 12 months.
It is important to remember that "price return" only tracks how much the share price moves. "Total return" is a more complete measure because it includes both the price changes and the cash distributions received.
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, looking at 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 some of the top holdings in this ETF. Please note that this is a partial list and holdings can change over time:
• ICHOR HOLDINGS LTD (2.49%)
• ACADIA HEALTHCARE CO INC (2.00%)
• VESTIS CORP (1.73%)
• EDGEWELL PERSONAL CARE CO (1.56%)
• ARCBEST CORP (1.49%)
• MOLINA HEALTHCARE INC (1.47%)
• MANPOWERGROUP INC (1.41%)
• NEWELL BRANDS INC (1.39%)
• KOPPERS HOLDINGS INC (1.33%)
• MARINEMAX INC (1.33%)
Pros
• Strong Price Growth: The fund has shown high price returns over the one-year and three-year periods.
• Positive Total Returns: The total return figures are higher than the price returns, showing that distributions have added value.
• Low Erosion Risk: The data shows no detected price erosion.
Cons
• Small-Cap Focus: Because it invests in small companies, the fund may behave differently than funds that invest in large, well-known corporations.
Beginner takeaway
RZV is an ETF focused on small "value" companies. For investors looking at the numbers, it has shown both share-price growth and cash distributions. When researching, always look at the total return to see how much you have actually gained including the cash paid out to you.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ICHOR HOLDINGS LTD | ICHR | 2.49% |
| 2 | ACADIA HEALTHCARE CO INC | ACHC | 2.00% |
| 3 | VESTIS CORP | VSTS | 1.73% |
| 4 | EDGEWELL PERSONAL CARE CO | EPC | 1.56% |
| 5 | ARCBEST CORP | ARCB | 1.49% |
| 6 | MOLINA HEALTHCARE INC | MOH | 1.47% |
| 7 | MANPOWERGROUP INC | MAN | 1.41% |
| 8 | NEWELL BRANDS INC | NWL | 1.39% |
| 9 | KOPPERS HOLDINGS INC | KOP | 1.33% |
| 10 | MARINEMAX INC | HZO | 1.33% |