Invesco Ftse Rafi Etf Profile

PRFZ Etf  USD 41.63  0.71  1.74%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Invesco FTSE is trading at 41.63 as of the 11th of October 2024; that is 1.74 percent increase since the beginning of the trading day. The etf's open price was 40.92. Invesco FTSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Invesco FTSE RAFI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of September 2024 and ending today, the 11th of October 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. FTSE RAFI is traded on NASDAQ Exchange in the United States. More on Invesco FTSE RAFI

Moving together with Invesco Etf

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  0.99IJR iShares Core SPPairCorr
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  0.99VRTIX Vanguard Russell 2000PairCorr
  0.99VTWO Vanguard Russell 2000PairCorr
  1.0FNDA Schwab Fundamental SmallPairCorr

Moving against Invesco Etf

  0.79BITI ProShares Trust Downward RallyPairCorr

Invesco Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Equity ETFs, Strategy ETFs, Small Blend, Invesco (View all Sectors)
IssuerInvesco
Inception Date2006-09-20
BenchmarkFTSE RAFI US 1500 Mid Small Index
Entity TypeRegulated Investment Company
Asset Under Management2.55 Billion
Average Trading Valume84,701.3
Asset TypeEquity
CategoryBroad Equity
FocusStrategy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNASDAQ
Number of Constituents1,468
Market MakerVirtu Financial
Total Expense0.4
Management Fee0.29
Country NameUSA
Returns Y T D10.66
NameInvesco FTSE RAFI US 1500 Small-Mid ETF
Currency CodeUSD
Open FigiBBG000KHNPR9
In Threey Volatility22.13
1y Volatility21.4
200 Day M A38.6099
50 Day M A40.323
CodePRFZ
Updated At11th of October 2024
Currency NameUS Dollar
Invesco FTSE RAFI [PRFZ] is traded in USA and was established 2006-09-20. The fund is listed under Small Blend category and is part of Invesco family. The entity is thematically classified as Broad Equity ETFs. Invesco FTSE RAFI at this time have 1.98 B in assets. , while the total return for the last 3 years was 4.6%.
Check Invesco FTSE Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco FTSE RAFI Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Invesco FTSE RAFI Currency Exposure

Invesco FTSE RAFI holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Invesco FTSE will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Invesco FTSE RAFI.

Top Invesco FTSE RAFI Etf Constituents

KTBKontoor BrandsStockConsumer Discretionary
SPTNSpartanNash CoStockConsumer Staples
DECKDeckers OutdoorStockConsumer Discretionary
EQCEquity CommonwealthStockReal Estate
MTDRMatador ResourcesStockEnergy
WENThe Wendys CoStockConsumer Discretionary
AMCAMC Entertainment HoldingsStockCommunication Services
WLKWestlake ChemicalStockMaterials
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Invesco FTSE Top Holders

PZWInvesco FTSE RAFIEtfGlobal Small/Mid Cap Equity
PKRJXInvesco Peak RetirementMutual FundTarget-Date 2060+
PKRKXInvesco Peak RetirementMutual FundTarget-Date 2060+
PKRLXInvesco Peak RetirementMutual FundTarget-Date 2060+
PKRMXInvesco Peak RetirementMutual FundTarget-Date 2055
PKRNXInvesco Peak RetirementMutual FundTarget-Date 2055
PKROXInvesco Peak RetirementMutual FundTarget-Date 2055
PKRPXInvesco Peak RetirementMutual FundTarget-Date 2055
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Invesco FTSE RAFI Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco FTSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Invesco FTSE Against Markets

When determining whether Invesco FTSE RAFI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco FTSE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Ftse Rafi Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Ftse Rafi Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco FTSE RAFI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Invesco FTSE RAFI is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco FTSE's value that differs from its market value or its book value, called intrinsic value, which is Invesco FTSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco FTSE's market value can be influenced by many factors that don't directly affect Invesco FTSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco FTSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.