- ISIN
- US46137V1677
- CUSIP
- 46137V167
- Issuer
- Invesco
- Inception Date
- Mar 1, 2006
- Region
- North America (U.S.)
- Category
- Small Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P Small Cap 600 Pure Value
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Value
- Assets Under Management
- $266M
Share Price Chart
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Performance
RZV Performance Chart
Invesco S&P SmallCap 600® Pure Value ETF (RZV) is up 19.9% since the beginning of the year. RZV is currently trading at $142 per share. Investors who bought $1,000 worth of RZV shares 5 years ago would now be looking at an investment worth $1,561.
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Returns By Period
Invesco S&P SmallCap 600® Pure Value ETF (RZV) has returned 19.90% so far this year and 41.27% over the past 12 months. Over the last ten years, RZV has returned 10.79% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.
Invesco S&P SmallCap 600® Pure Value ETF
- 1D
- 0.88%
- 1M
- 3.11%
- YTD
- 19.90%
- 6M
- 18.80%
- 1Y
- 41.27%
- 3Y*
- 17.47%
- 5Y*
- 9.32%
- 10Y*
- 10.79%
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
RZV Monthly Returns History
Based on dividend-adjusted daily data since Mar 7, 2006, RZV'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, 58% of months were positive and 42% were negative. The best month was Apr 2009 with a return of +51.5%, while the worst month was Mar 2020 at -31.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, RZV closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +10.8%, while the worst single day was Mar 9, 2020 at -14.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.14% | 1.44% | -4.23% | 10.87% | 0.59% | 2.33% | 19.90% | ||||||
| 2025 | 1.02% | -7.34% | -4.67% | -6.44% | 6.60% | 6.67% | 1.48% | 11.70% | -0.11% | -1.26% | 3.77% | -1.34% | 8.65% |
| 2024 | -5.48% | 3.10% | 3.17% | -7.65% | 5.91% | -5.38% | 13.31% | -3.50% | 1.10% | -3.27% | 12.02% | -5.73% | 5.06% |
| 2023 | 15.12% | -1.53% | -9.16% | -2.62% | -4.31% | 11.10% | 6.51% | -3.25% | -5.22% | -6.86% | 10.39% | 14.86% | 22.97% |
| 2022 | -2.95% | 1.15% | 2.69% | -5.30% | 2.64% | -11.32% | 8.40% | -3.60% | -11.70% | 17.69% | 5.32% | -6.23% | -6.80% |
| 2021 | 5.73% | 15.20% | 9.41% | 0.38% | 7.59% | -0.43% | -4.76% | 3.65% | -0.61% | 4.02% | -2.93% | 2.82% | 45.95% |
Benchmark Metrics
Invesco S&P SmallCap 600® Pure Value ETF has an annualized alpha of -0.45%, beta of 1.19, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since March 07, 2006.
- This ETF captured 138.61% of S&P 500 Index gains and 135.80% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- -0.45%
- Beta
- 1.19
- R²
- 0.61
- Upside Capture
- 138.61%
- Downside Capture
- 135.80%
Expense Ratio
RZV has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RZV ranks 71 for risk / return — better than 71% 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® Pure Value ETF (RZV) and compare them to S&P 500 Index.
| RZV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 2.54 | +0.76 |
| Martin ratioReturn relative to average drawdown | 10.74 | 11.58 | -0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Invesco S&P SmallCap 600® Pure Value ETF provided a 1.32% dividend yield over the last twelve months, with an annual payout of $1.88 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.88 | $1.89 | $1.27 | $1.21 | $1.26 | $0.83 | $0.42 | $0.72 | $1.17 | $0.75 | $0.33 | $0.68 |
Dividend yield | 1.32% | 1.59% | 1.14% | 1.13% | 1.43% | 0.86% | 0.63% | 1.03% | 2.03% | 1.02% | 0.46% | 1.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 600® Pure Value 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 | $0.51 | $0.00 | $0.00 | $0.00 | $0.51 | ||||||
| 2025 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.41 | $1.89 |
| 2024 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.32 | $1.27 |
| 2023 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $1.21 |
| 2022 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.34 | $1.26 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 | $0.83 |
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® Pure Value 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® Pure Value ETF was 77.11%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -77.11%Mar 2009 | 1y 9mo | 3y 6mo | 5y 3moJun 2007 - Sep 2012 |
COVID crash2020 | -60.42%Apr 2020 | 1y 7mo | 10mo 19d | 2y 5moAug 2018 - Feb 2021 |
2016 bear market2016 | -31.00%Jan 2016 | 6mo 29d | 9mo 26d | 1y 4moJun 2015 - Nov 2016 |
2025 selloff2025 | -29.81%Apr 2025 | 4mo 6d | 4mo 21d | 8mo 27dDec 2024 - Aug 2025 |
Bear market2022 | -26.45%Sep 2022 | 10mo 21d | 4mo 8d | 1y 2moNov 2021 - Feb 2023 |
Drawdown Indicators
| RZV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -56.78% | -20.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -9.10% | -3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -18.90% | -10.91% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | -25.43% | -4.38% |
Max Drawdown (10Y)Largest decline over 10 years | -60.42% | -33.92% | -26.50% |
Current DrawdownCurrent decline from peak | 0.00% | -2.93% | +2.93% |
Average DrawdownAverage peak-to-trough decline | -13.59% | -10.72% | -2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 1.99% | +1.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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