Invesco S&P SmallCap 600 Revenue ETF (RWJ) belongs to the Small Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RWJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RWJ
RWJ charges 0.39% annually. There are 19 ETFs in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Small-Cap Value ETF | 0.05% | 67.80B | Jan 2004 | RWJ vs VBR | |
| Vanguard Russell 2000 Value ETF | 0.06% | 1.40B | Sep 2010 | RWJ vs VTWV | |
| iShares Morningstar Small Cap Value ETF | 0.06% | 691.91M | Jun 2004 | RWJ vs ISCV | |
| Vanguard S&P Small-Cap 600 Value ETF | 0.10% | 2.00B | Sep 2010 | RWJ vs VIOV | |
| SPDR S&P 600 Small Cap Value ETF | 0.15% | 4.91B | Sep 2000 | RWJ vs SLYV |
Best Risk-Adjusted Alternatives to RWJ
RWJ has a PortfoliosLab risk / return rank of 88. There are 17 ETFs in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| EA Bridgeway Omni Small-Cap Value ETF | 93 | 1.71B | Dec 2010 | RWJ vs BSVO | |
| Pacer US Small Cap Cash Cows ETF | 92 | 3.54B | Jun 2017 | RWJ vs CALF | |
| iShares US Small Cap Value Factor ETF | 92 | 204.95M | Oct 2020 | RWJ vs SVAL | |
| First Trust Small Cap Value AlphaDEX Fund | 92 | 194.55M | Apr 2011 | RWJ vs FYT | |
| iShares Russell 2000 Value ETF | 92 | 14.29B | Jul 2000 | RWJ vs IWN |
Top Performing RWJ Alternatives (YTD)
RWJ is at 25.74% YTD. There are 5 ETFs in the Small Cap Value Equities category with higher YTD returns, going as high as 28.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Small Cap Value AlphaDEX Fund | 28.00% | 194.55M | Apr 2011 | RWJ vs FYT | |
| Harbor SMID Cap Value ETF | 27.25% | 6.09M | May 2025 | RWJ vs EPSV | |
| Towle Value ETF | 26.87% | 181.60M | Jul 2025 | RWJ vs TCV | |
| Invesco S&P SmallCap 600® Pure Value ETF | 25.98% | 295.69M | Mar 2006 | RWJ vs RZV | |
| Invesco S&P SmallCap Value with Momentum ETF | 25.81% | 673.30M | Mar 2005 | RWJ vs XSVM |
Lowest Volatility Alternatives to RWJ
RWJ has 18.69% 1-year volatility. There are 35 ETFs in the Small Cap Value Equities category with lower 1-year volatility, going as low as 11.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bahl & Gaynor Small/Mid Cap Income Growth ETF | 11.84% | 1.13B | Aug 2021 | RWJ vs SMIG | |
| Euclidean Fundamental Value ETF | 14.05% | 136.73M | May 2023 | RWJ vs ECML | |
| Brandes U.S. Small-Mid Cap Value ETF | 14.49% | 161.61M | Oct 2023 | RWJ vs BSMC | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 14.64% | 1.77B | Oct 2017 | RWJ vs USVM | |
| First Trust Mid Cap Value AlphaDEX Fund | 14.75% | 228.06M | Apr 2011 | RWJ vs FNK |
Lowest Drawdown Alternatives to RWJ
RWJ has a 1-year max drawdown of -11.31%. There are 29 ETFs in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows ETF | -6.02% | 3.54B | Jun 2017 | RWJ vs CALF | |
| Euclidean Fundamental Value ETF | -7.01% | 136.73M | May 2023 | RWJ vs ECML | |
| Themes US Small Cap Cash Flow Champions ETF | -7.13% | 3.23M | Dec 2023 | RWJ vs SMCF | |
| Avantis US Small Cap Value ETF | -7.95% | 30.19B | Sep 2019 | RWJ vs AVUV | |
| EA Bridgeway Omni Small-Cap Value ETF | -8.31% | 1.71B | Dec 2010 | RWJ vs BSVO |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | RWJ vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | RWJ vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | RWJ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | RWJ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | RWJ vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | RWJ vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | RWJ vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | RWJ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | RWJ vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | RWJ vs IDMO |
Often Compared With RWJ
Investors most often compare RWJ with AVUVX, RWK, RFV. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare RWJ with Any Fund or Stock
Compare RWJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RWJ with funds that move differently
Invesco S&P SmallCap 600 Revenue ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RWJ.
Explore RWJ Diversifiers