PRF
Invesco FTSE RAFI US 1000 ETF
The Invesco FTSE™ RAFI US 1000 Portfolio is based on the FTSE™ RAFI US 1000 Index, designed to track the performance of the largest U.S. equities, selected based on the following four fundamental measures of firm size: book value, income, sales and dividends.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
39 bp
EXPENSES
$7.0 B
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | Invesco PowerShares |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 19, 2005 |
| Assets (mns) | $6,992 |
| Expense ratio | 39 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 2.4 % |
| BERKSHIRE HATHAWAY INC-CL B | 2.3 % |
| EXXON MOBIL CORP | 2.3 % |
| JPMORGAN CHASE & CO | 2.0 % |
| MICROSOFT CORP | 2.0 % |
| AMAZON.COM INC | 1.6 % |
| BANK OF AMERICA CORP | 1.4 % |
| VERIZON COMMUNICATIONS INC | 1.3 % |
| CHEVRON CORP | 1.2 % |
| CITIGROUP INC | 1.2 % |
Constituent Breakdown
| Number of holdings | 981 |
| Herfindahl-Hirschman Index | 62 |
| Wgt avg mkt cap (mns) | $402,146 |
| Large cap (>$10bn) | 90.6% |
| Mid cap ($2-10bn) | 8.6% |
| Small cap (<$2bn) | 0.7% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
UNITED STATES | 95.8 % |
 |
IRELAND | 1.4 % |
 |
BRITAIN | 0.8 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 8.8% | 18.8% | 15.7% | 8.0% | 12.6% | 10.2% | 9.7% | Volatility | 10.1% | 10.8% | 16.1% | 16.2% | 21.5% | 18.0% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 87% |
| MSCI EAFE | 0.88 | 81% |
| MSCI Emg Mkts | 0.62 | 41% |
Liquidity Measures
| Avg. volume (000) | 242 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $551,870 |
Technical Indicators
| Recent close | $38.76 |
| 30d moving avg. | $38.46 |
| Annualized volatility | 17.0% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 4.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PRF |
Expenses vs. PRF |
ALTAR Score™ vs. PRF |
|---|---|---|---|---|
| FNDX | Schwab Fundamental US Large Co. Index ETF | 84.9% | -14 bp | 0.0% |
| FNDB | Schwab Fundamental US Broad Market Index ETF | 84.5% | -14 bp | -0.1% |
| VLU | SPDR S&P 1500 Value Tilt ETF | 84.5% | -27 bp | 0.0% |
| IUSV | iShares Core S&P US Value ETF | 70.8% | -35 bp | -0.4% |
| IUS | Invesco RAFI Strategic US ETF | 70.6% | -20 bp | +0.1% |
| RWL | Invesco S&P 500 Revenue ETF | 69.4% | 0 bp | -0.4% |
| STXV | Strive 1000 Value ETF | 68.6% | -21 bp | +0.6% |
| ILCV | iShares Morningstar Value ETF | 68.3% | -35 bp | -0.7% |
| IWD | iShares Russell 1000 Value ETF | 67.6% | -20 bp | -0.6% |
| VOOV | Vanguard S&P 500 Value ETF | 67.2% | -29 bp | -0.5% |
Risk and Returns: PRF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
PRF
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
PRF
7.1%
Cat. Avg
5.7%
Fund Category: US
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 7.1% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 899 funds in the US category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. PRF's ALTAR Score™ is approximately
0.6 standard deviations
above
the category average. This places PRF in the 72nd percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
PRF
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| PRF (39 bp) Percentile rank | 41 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PRF | 39.0 | 3.1 | 42.1 |
| Peer Avg. | 29.1 | 14.0 | 43.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .