- ISIN
- US73935X5674
- CUSIP
- 73935X567
- Issuer
- Invesco
- Inception Date
- Sep 20, 2006
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- FTSE RAFI US 1500 Small-Mid Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $3B
Share Price Chart
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Performance
PRFZ Performance Chart
Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is up 16.6% since the beginning of the year. PRFZ is currently trading at $53 per share. Investors who bought $1,000 worth of PRFZ shares 5 years ago would now be looking at an investment worth $1,511.
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Returns By Period
Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) has returned 16.56% so far this year and 36.25% over the past 12 months. Over the last ten years, PRFZ has returned 12.21% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco FTSE RAFI US 1500 Small-Mid ETF
- 1D
- 0.11%
- 1M
- 4.27%
- YTD
- 16.56%
- 6M
- 13.40%
- 1Y
- 36.25%
- 3Y*
- 18.70%
- 5Y*
- 8.61%
- 10Y*
- 12.21%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PRFZ Monthly Returns History
Based on dividend-adjusted daily data since Sep 20, 2006, PRFZ's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +27.2%, while the worst month was Mar 2020 at -24.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PRFZ closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.7%, while the worst single day was Mar 16, 2020 at -13.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.03% | 1.54% | -5.16% | 10.22% | 2.97% | 2.51% | 16.56% | ||||||
| 2025 | 2.88% | -4.84% | -6.96% | -2.75% | 6.06% | 4.43% | 1.99% | 7.61% | 2.01% | -0.09% | 1.85% | -0.47% | 11.26% |
| 2024 | -3.73% | 5.26% | 3.63% | -6.03% | 5.58% | -1.72% | 9.62% | -1.24% | 0.95% | -1.47% | 10.21% | -7.27% | 12.68% |
| 2023 | 9.65% | -0.60% | -4.34% | -2.61% | -1.52% | 9.38% | 7.17% | -4.94% | -5.37% | -6.55% | 9.11% | 11.81% | 20.21% |
| 2022 | -6.97% | 1.73% | 0.97% | -8.58% | 0.69% | -8.52% | 10.05% | -3.38% | -10.29% | 12.12% | 3.67% | -6.17% | -16.29% |
| 2021 | 4.51% | 8.75% | 3.01% | 2.49% | 2.61% | 0.98% | -2.36% | 2.21% | -1.90% | 4.32% | -3.26% | 4.41% | 28.26% |
Benchmark Metrics
Invesco FTSE RAFI US 1500 Small-Mid ETF has an annualized alpha of 0.72%, beta of 1.10, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since September 20, 2006.
- This ETF captured 121.06% of S&P 500 Index gains and 115.65% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.10 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.72%
- Beta
- 1.10
- R²
- 0.79
- Upside Capture
- 121.06%
- Downside Capture
- 115.65%
Expense Ratio
PRFZ has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PRFZ ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRFZ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 2.78 | +0.72 |
| Martin ratioReturn relative to average drawdown | 12.08 | 12.44 | -0.36 |
Dividends
Dividend History
Invesco FTSE RAFI US 1500 Small-Mid ETF provided a 1.01% dividend yield over the last twelve months, with an annual payout of $0.54 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.54 | $0.38 | $0.60 | $0.53 | $0.42 | $0.36 | $0.28 | $0.35 | $0.31 | $0.25 | $0.30 | $0.26 |
Dividend yield | 1.01% | 0.82% | 1.45% | 1.42% | 1.33% | 0.93% | 0.91% | 1.29% | 1.37% | 0.97% | 1.31% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco FTSE RAFI US 1500 Small-Mid ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.20 | ||||||
| 2025 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.38 |
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.23 | $0.60 |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.53 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.42 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco FTSE RAFI US 1500 Small-Mid ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco FTSE RAFI US 1500 Small-Mid ETF was 62.41%, occurring on Mar 9, 2009. Recovery took 276 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -62.41%Mar 2009 | 1y 7mo | 1y 1mo | 2y 9moJul 2007 - Apr 2010 |
COVID crash2020 | -44.28%Mar 2020 | 1y 6mo | 8mo 6d | 2y 2moSep 2018 - Nov 2020 |
2011 bear market2011 | -29.36%Oct 2011 | 5mo 4d | 11mo 17d | 1y 4moMay 2011 - Sep 2012 |
Bear market2022 | -26.58%Sep 2022 | 10mo 25d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
2025 selloff2025 | -26.54%Apr 2025 | 4mo 13d | 5mo | 9mo 13dNov 2024 - Sep 2025 |
Drawdown Indicators
| PRFZ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.41% | -56.78% | -5.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -9.10% | -1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -26.54% | -18.90% | -7.64% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -25.43% | -1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -44.28% | -33.92% | -10.36% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -9.40% | -10.71% | +1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 2.03% | +0.98% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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