- ISIN
- US46138G6724
- CUSIP
- 46138G672
- Issuer
- Invesco
- Inception Date
- Feb 22, 2008
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P MidCap 400 Revenue-Weighted Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $1B
Share Price Chart
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Performance
RWK Performance Chart
Invesco S&P MidCap 400 Revenue ETF (RWK) is up 14.3% since the beginning of the year. RWK is currently trading at $144 per share. Investors who bought $1,000 worth of RWK shares 5 years ago would now be looking at an investment worth $1,737.
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Returns By Period
Invesco S&P MidCap 400 Revenue ETF (RWK) has returned 14.32% so far this year and 28.00% over the past 12 months. Over the last ten years, RWK has returned 13.16% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco S&P MidCap 400 Revenue ETF
- 1D
- -0.04%
- 1M
- 3.93%
- YTD
- 14.32%
- 6M
- 11.91%
- 1Y
- 28.00%
- 3Y*
- 17.62%
- 5Y*
- 11.68%
- 10Y*
- 13.16%
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%
RWK Monthly Returns History
Based on dividend-adjusted daily data since Feb 22, 2008, RWK's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +21.1%, while the worst month was Mar 2020 at -24.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RWK closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -13.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.18% | 2.46% | -4.67% | 8.37% | 1.89% | 1.75% | 14.32% | ||||||
| 2025 | 4.61% | -4.67% | -6.60% | -2.36% | 6.74% | 4.39% | 2.04% | 5.47% | -0.34% | -1.22% | 2.74% | -0.05% | 10.27% |
| 2024 | -1.85% | 4.55% | 7.11% | -6.35% | 5.26% | -2.95% | 6.14% | -0.80% | 0.90% | -0.96% | 9.05% | -7.22% | 11.94% |
| 2023 | 11.67% | -1.96% | -3.30% | -2.00% | -2.60% | 11.42% | 4.71% | -2.42% | -4.16% | -5.21% | 8.30% | 9.35% | 23.76% |
| 2022 | -5.69% | 1.82% | 1.66% | -5.78% | 1.58% | -10.91% | 10.62% | -2.92% | -11.22% | 13.60% | 8.45% | -6.07% | -8.19% |
| 2021 | 1.46% | 8.99% | 9.57% | 4.02% | 1.68% | -2.50% | 0.71% | 2.23% | -4.01% | 4.28% | -1.79% | 6.20% | 34.31% |
Benchmark Metrics
Invesco S&P MidCap 400 Revenue ETF has an annualized alpha of 2.21%, beta of 1.01, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since February 22, 2008.
- This ETF captured 123.28% of S&P 500 Index gains and 115.03% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 2.21% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.01 and R2 of 0.71, 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
- 2.21%
- Beta
- 1.01
- R²
- 0.71
- Upside Capture
- 123.28%
- Downside Capture
- 115.03%
Expense Ratio
RWK has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RWK ranks 50 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P MidCap 400 Revenue ETF (RWK) 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.
| RWK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 2.78 | -0.26 |
| Martin ratioReturn relative to average drawdown | 8.11 | 12.44 | -4.33 |
Dividends
Dividend History
Invesco S&P MidCap 400 Revenue ETF provided a 1.36% dividend yield over the last twelve months, with an annual payout of $1.95 per share. The fund has been increasing its distributions for 5 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.95 | $1.59 | $1.29 | $1.11 | $1.01 | $0.81 | $0.68 | $0.71 | $0.63 | $0.60 | $0.70 | $0.42 |
Dividend yield | 1.36% | 1.25% | 1.11% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.99% | 1.30% | 0.92% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P MidCap 400 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 | $0.40 | $0.00 | $0.00 | $0.34 | $0.75 | ||||||
| 2025 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.37 | $1.59 |
| 2024 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.33 | $1.29 |
| 2023 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.29 | $1.11 |
| 2022 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.22 | $1.01 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.20 | $0.81 |
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 MidCap 400 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 MidCap 400 Revenue ETF was 56.49%, occurring on Mar 6, 2009. Recovery took 263 trading sessions.
The current Invesco S&P MidCap 400 Revenue ETF drawdown is 1.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.49%Mar 2009 | 9mo 3d | 1y 17d | 1y 9moJun 2008 - Mar 2010 |
COVID crash2020 | -46.20%Mar 2020 | 2mo 6d | 7mo 28d | 10mo 4dJan 2020 - Nov 2020 |
2011 bear market2011 | -28.25%Oct 2011 | 5mo 7d | 5mo 12d | 10mo 19dApr 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -25.24%Dec 2018 | 3mo 26d | 11mo 23d | 1y 3moAug 2018 - Dec 2019 |
2025 selloff2025 | -24.58%Apr 2025 | 4mo 13d | 4mo 21d | 9mo 4dNov 2024 - Aug 2025 |
Drawdown Indicators
| RWK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.49% | -56.78% | +0.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -9.10% | -2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -24.58% | -18.90% | -5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -24.58% | -25.43% | +0.85% |
Max Drawdown (10Y)Largest decline over 10 years | -46.20% | -33.92% | -12.28% |
Current DrawdownCurrent decline from peak | -1.45% | -1.80% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -10.71% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.03% | +1.43% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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