- ISIN
- US46138G6641
- CUSIP
- 46138G664
- Issuer
- Invesco
- Inception Date
- Feb 22, 2008
- Region
- North America (U.S.)
- Category
- Small Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Revenue-Weighted Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $2B
Share Price Chart
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Performance
RWJ Performance Chart
Invesco S&P SmallCap 600 Revenue ETF (RWJ) is up 19.2% since the beginning of the year. RWJ is currently trading at $58 per share. Investors who bought $1,000 worth of RWJ shares 5 years ago would now be looking at an investment worth $1,532.
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Returns By Period
Invesco S&P SmallCap 600 Revenue ETF (RWJ) has returned 19.22% so far this year and 39.78% over the past 12 months. Over the last ten years, RWJ has had an annualized return of 13.65%, just under the S&P 500 Index benchmark’s 13.88%.
Invesco S&P SmallCap 600 Revenue ETF
- 1D
- -0.70%
- 1M
- 4.86%
- YTD
- 19.22%
- 6M
- 17.01%
- 1Y
- 39.78%
- 3Y*
- 18.22%
- 5Y*
- 8.90%
- 10Y*
- 13.65%
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%
RWJ Monthly Returns History
Based on dividend-adjusted daily data since Feb 22, 2008, RWJ's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, an investment would double in approximately 4.8 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2009 with a return of +26.5%, while the worst month was Mar 2020 at -24.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RWJ closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.92% | 0.75% | -3.49% | 10.82% | 0.70% | 2.77% | 19.22% | ||||||
| 2025 | 2.95% | -5.71% | -8.09% | -5.16% | 6.92% | 5.19% | 1.59% | 8.96% | 1.10% | -1.66% | 2.61% | 0.25% | 7.75% |
| 2024 | -4.01% | 4.55% | 3.29% | -7.12% | 5.31% | -3.98% | 13.53% | -1.87% | 2.74% | -3.30% | 11.02% | -6.52% | 11.81% |
| 2023 | 11.91% | -1.02% | -6.30% | -2.50% | -3.84% | 8.17% | 6.90% | -4.06% | -5.75% | -6.37% | 7.89% | 13.07% | 16.21% |
| 2022 | -5.32% | 2.52% | 0.54% | -5.71% | 1.80% | -11.35% | 11.02% | -2.95% | -12.11% | 14.64% | 5.61% | -6.49% | -10.97% |
| 2021 | 25.30% | 0.06% | 12.23% | 1.50% | 4.96% | -0.65% | -3.88% | 2.28% | -1.10% | 2.83% | -1.66% | 4.37% | 52.82% |
Benchmark Metrics
Invesco S&P SmallCap 600 Revenue ETF has an annualized alpha of 3.30%, beta of 1.03, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since February 22, 2008.
- This ETF captured 131.26% of S&P 500 Index gains and 119.33% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 3.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.03 and R2 of 0.60, 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
- 3.30%
- Beta
- 1.03
- R²
- 0.60
- Upside Capture
- 131.26%
- Downside Capture
- 119.33%
Expense Ratio
RWJ has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RWJ ranks 66 for risk / return — better than 66% 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 S&P SmallCap 600 Revenue ETF (RWJ) 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.
| RWJ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.78 | +0.75 |
| Martin ratioReturn relative to average drawdown | 11.35 | 12.44 | -1.09 |
Dividends
Dividend History
Invesco S&P SmallCap 600 Revenue ETF provided a 1.25% dividend yield over the last twelve months, with an annual payout of $0.72 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.54 | $0.53 | $0.55 | $0.37 | $0.25 | $0.24 | $0.28 | $0.28 | $0.26 | $0.14 | $0.13 |
Dividend yield | 1.25% | 1.11% | 1.15% | 1.34% | 1.02% | 0.61% | 0.89% | 1.22% | 1.44% | 1.11% | 0.60% | 0.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 600 Revenue 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 | $0.16 | $0.00 | $0.00 | $0.15 | $0.31 | ||||||
| 2025 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.54 |
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.11 | $0.53 |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.25 |
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 S&P SmallCap 600 Revenue 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 S&P SmallCap 600 Revenue ETF was 55.97%, occurring on Mar 9, 2009. Recovery took 151 trading sessions.
The current Invesco S&P SmallCap 600 Revenue ETF drawdown is 1.51%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.97%Mar 2009 | 5mo 18d | 7mo 7d | 1y 20dSep 2008 - Oct 2009 |
COVID crash2020 | -51.33%Mar 2020 | 1y 6mo | 8mo 10d | 2y 3moAug 2018 - Nov 2020 |
2025 selloff2025 | -29.29%Apr 2025 | 4mo 13d | 5mo 13d | 9mo 26dNov 2024 - Sep 2025 |
2011 bear market2011 | -27.42%Oct 2011 | 2mo 27d | 4mo 2d | 6mo 29dJul 2011 - Feb 2012 |
2016 bear market2016 | -25.83%Feb 2016 | 7mo 22d | 9mo 3d | 1y 4moJun 2015 - Nov 2016 |
Drawdown Indicators
| RWJ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.97% | -56.78% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.31% | -9.10% | -2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -29.29% | -18.90% | -10.39% |
Max Drawdown (5Y)Largest decline over 5 years | -29.29% | -25.43% | -3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -33.92% | -17.41% |
Current DrawdownCurrent decline from peak | -1.51% | -1.80% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -9.21% | -10.71% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 2.03% | +1.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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