Invesco S&P MidCap 400 Revenue ETF (RWK) belongs to the Small Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RWK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RWK
RWK charges 0.39% annually. There are 26 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar Small-Cap ETF | 0.04% | 275.08M | Jun 2004 | RWK vs ISCB | |
| SPDR Portfolio S&P 600 Small Cap ETF | 0.05% | 15.79B | Jul 2013 | RWK vs SPSM | |
| Vanguard Small-Cap ETF | 0.05% | 177.40B | Jan 2004 | RWK vs VB | |
| iShares Core S&P Small-Cap ETF | 0.06% | 103.49B | May 2000 | RWK vs IJR | |
| JPMorgan BetaBuilders U.S. Small Cap Equity ETF | 0.09% | 732.58M | Nov 2020 | RWK vs BBSC |
Best Risk-Adjusted Alternatives to RWK
RWK has a PortfoliosLab risk / return rank of 52. There are 37 ETFs in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ Future Gen 200 ETF | 88 | 18.47M | Oct 2022 | RWK vs QQQS | |
| First Trust Small Cap Core AlphaDEX Fund | 83 | 1.27B | May 2007 | RWK vs FYX | |
| Fidelity Enhanced Small Cap ETF | 82 | 5.00B | Dec 2007 | RWK vs FESM | |
| JPMorgan Fundamental Data Science Small Core ETF | 79 | 8.82M | Aug 2024 | RWK vs SCDS | |
| iShares Micro-Cap ETF | 78 | 1.44B | Aug 2005 | RWK vs IWC |
Top Performing RWK Alternatives (YTD)
RWK is at 13.73% YTD. There are 37 ETFs in the Small Cap Blend Equities category with higher YTD returns, going as high as 29.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ Future Gen 200 ETF | 29.47% | 18.47M | Oct 2022 | RWK vs QQQS | |
| JPMorgan Fundamental Data Science Small Core ETF | 23.60% | 8.82M | Aug 2024 | RWK vs SCDS | |
| Inspire Small/Mid Cap Impact ETF | 23.54% | 318.37M | Feb 2017 | RWK vs ISMD | |
| Allspring SMID Core ETF | 22.72% | 33.92M | Jul 2025 | RWK vs ASCE | |
| iShares Micro-Cap ETF | 21.51% | 1.44B | Aug 2005 | RWK vs IWC |
Lowest Volatility Alternatives to RWK
RWK has 16.72% 1-year volatility. There are 25 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 6.21%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.21% | — | Jun 2025 | RWK vs RB | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.37% | 31.42M | Apr 2020 | RWK vs HSMV | |
| OShares U.S. Small-Cap Quality Dividend ETF | 13.16% | 876.85M | Dec 2016 | RWK vs OUSM | |
| 6 Meridian Small Cap Equity ETF | 13.24% | 106.31M | May 2020 | RWK vs SIXS | |
| Opus Small Cap Value Plus ETF | 13.35% | 685.56M | Jul 2018 | RWK vs OSCV |
Lowest Drawdown Alternatives to RWK
RWK has a 1-year max drawdown of -11.14%. There are 48 ETFs in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows 100 ETF | -6.15% | 3.51B | Jun 2017 | RWK vs CALF | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | RWK vs WCEO | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | RWK vs SIXS | |
| VictoryShares US Small Cap High Dividend Volatilit... | -7.18% | 260.47M | Jul 2015 | RWK vs CSB | |
| Opus Small Cap Value Plus ETF | -7.55% | 685.56M | Jul 2018 | RWK vs OSCV |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 10 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 77 | 21.62% | 493.99B | Mar 1999 | RWK vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 77 | 29.70% | 19.93B | Oct 2015 | RWK vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 77 | 21.64% | 96.91B | Oct 2020 | RWK vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 54 | 10.12% | 89.51B | Apr 2003 | RWK vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 62 | 8.82% | 11.15B | May 2005 | RWK vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 97 | 93.97% | 2.41B | Jun 2021 | RWK vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Value Equities | 56 | 15.16% | 18.88B | Dec 2005 | RWK vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 24 | 5.32% | 3.23B | Oct 2012 | RWK vs SPHD | |
| Invesco Aerospace & Defense ETF | Industrials Equities, Aerospace & Defense | 43 | 10.46% | 8.37B | Oct 2005 | RWK vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 69 | 22.96% | 7.49B | Mar 2005 | RWK vs XMMO |
Often Compared With RWK
Investors most often compare RWK with RWJ, RFV, XMHQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare RWK with Any Fund or Stock
Compare RWK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RWK with funds that move differently
Invesco S&P MidCap 400 Revenue ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RWK.
Explore RWK Diversifiers