RPV vs. RFV
Compare and contrast key facts about Invesco S&P 500® Pure Value ETF (RPV) and Invesco S&P MidCap 400® Pure Value ETF (RFV).
RPV and RFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RPV is a passively managed fund by Invesco that tracks the performance of the S&P 500/Citigroup Pure Value Index. It was launched on Mar 1, 2006. RFV is a passively managed fund by Invesco that tracks the performance of the S&P Mid Cap 400 Pure Value. It was launched on Mar 1, 2006. Both RPV and RFV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RPV vs. RFV - Performance Comparison
Loading graphics...
RPV vs. RFV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RPV Invesco S&P 500® Pure Value ETF | 4.57% | 17.70% | 12.41% | 7.98% | -1.27% | 34.22% | -8.69% | 24.80% | -12.31% | 17.30% |
RFV Invesco S&P MidCap 400® Pure Value ETF | 2.24% | 7.66% | 5.63% | 30.26% | -3.99% | 33.02% | 9.61% | 24.98% | -18.56% | 14.74% |
Returns By Period
In the year-to-date period, RPV achieves a 4.57% return, which is significantly higher than RFV's 2.24% return. Over the past 10 years, RPV has underperformed RFV with an annualized return of 10.37%, while RFV has yielded a comparatively higher 11.65% annualized return.
RPV
- 1D
- 1.45%
- 1M
- -3.83%
- YTD
- 4.57%
- 6M
- 9.34%
- 1Y
- 19.35%
- 3Y*
- 15.08%
- 5Y*
- 10.15%
- 10Y*
- 10.37%
RFV
- 1D
- 1.99%
- 1M
- -3.38%
- YTD
- 2.24%
- 6M
- 2.35%
- 1Y
- 16.32%
- 3Y*
- 13.21%
- 5Y*
- 9.38%
- 10Y*
- 11.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RPV vs. RFV - Expense Ratio Comparison
Both RPV and RFV have an expense ratio of 0.35%.
Return for Risk
RPV vs. RFV — Risk / Return Rank
RPV
RFV
RPV vs. RFV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Pure Value ETF (RPV) and Invesco S&P MidCap 400® Pure Value ETF (RFV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| RPV | RFV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 0.67 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.14 | +0.52 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.15 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.06 | +0.64 |
Martin ratioReturn relative to average drawdown | 6.91 | 3.47 | +3.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RPV | RFV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.67 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.42 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.47 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.36 | +0.01 |
Correlation
The correlation between RPV and RFV is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RPV vs. RFV - Dividend Comparison
RPV's dividend yield for the trailing twelve months is around 2.41%, more than RFV's 2.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPV Invesco S&P 500® Pure Value ETF | 2.41% | 2.50% | 2.16% | 2.38% | 2.29% | 1.92% | 2.11% | 2.28% | 2.49% | 1.73% | 1.73% | 2.39% |
RFV Invesco S&P MidCap 400® Pure Value ETF | 2.04% | 2.07% | 1.31% | 1.27% | 2.05% | 1.60% | 1.52% | 1.71% | 1.39% | 1.36% | 0.88% | 1.79% |
Drawdowns
RPV vs. RFV - Drawdown Comparison
The maximum RPV drawdown since its inception was -75.32%, roughly equal to the maximum RFV drawdown of -71.82%. Use the drawdown chart below to compare losses from any high point for RPV and RFV.
Loading graphics...
Drawdown Indicators
| RPV | RFV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.32% | -71.82% | -3.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -15.62% | +3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -24.65% | +2.01% |
Max Drawdown (10Y)Largest decline over 10 years | -50.67% | -52.24% | +1.57% |
Current DrawdownCurrent decline from peak | -4.61% | -8.48% | +3.87% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -9.85% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 4.78% | -1.80% |
Volatility
RPV vs. RFV - Volatility Comparison
The current volatility for Invesco S&P 500® Pure Value ETF (RPV) is 3.86%, while Invesco S&P MidCap 400® Pure Value ETF (RFV) has a volatility of 5.23%. This indicates that RPV experiences smaller price fluctuations and is considered to be less risky than RFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RPV | RFV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 5.23% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 9.72% | 13.17% | -3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 24.40% | -7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.04% | 22.22% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 25.05% | -3.08% |