PRFZ
Invesco FTSE RAFI US 1500 Small-Mid ETF
The FTSE™ RAFI 1500 Small-Mid Index is designed to track the performance of small- and mid-cap U.S. equities, selected and weighted based on four fundamental measures of firm size: book value, income, sales and dividends.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 2.8 B
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Inception date | Sep 20, 2006 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| A-MARK PRECIOUS METALS, INC. | 6.2 % |
| TTM TECHNOLOGIES | 0.7 % |
| MAXLINEAR INC-CLASS A | 0.6 % |
| ALLEGHENY TECHNOLOGIES INC | 0.5 % |
| VIAVI SOLUTIONS INC. | 0.5 % |
| ADVANCED ENERGY INDUSTRIES | 0.5 % |
| ROIVANT SCIENCES LTD. | 0.4 % |
| FORMFACTOR INC | 0.4 % |
| GLOBALFOUNDRIES INC. | 0.4 % |
| OPENDOOR TECHNOLOGIES INC | 0.4 % |
Constituent Breakdown
| Number of holdings | 1525 |
| Herfindahl-Hirschman Index | 53 |
| Wgt avg mkt cap (mns) | $5,803 |
| Large cap (>$10bn) | 14.1% |
| Mid cap ($2-10bn) | 47.7% |
| Small cap (<$2bn) | 31.9% |
| Developed mkts. | 94.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.4 % |
 |
BRITAIN | 0.9 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 21.5% | 37.1% | 20.9% | 17.5% | 8.3% | 11.1% | -- | 9.0% |
| Dividend Yield | 0.5% | 1.3% | 1.3% | 1.4% | 1.4% | 1.4% | -- | 1.3% |
| Total Returns | 22.0% | 38.4% | 22.2% | 18.9% | 9.7% | 12.5% | -- | 10.3% | Ann. Volatility | 18.6% | 18.3% | 21.2% | 20.3% | 21.4% | 22.4% | -- | 24.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 65% |
| MSCI EAFE | 0.84 | 52% |
| MSCI Emg Mkts | 0.52 | 42% |
Liquidity Measures
| Avg. volume (000) | 126 |
| ADV traded (mns) | $7 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.09% |
Technical Indicators
| 30d moving avg. (EMA) | $53.40 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 0.85/0.94 |
| Bollinger Bands (Upper/Lower) | $56.21/$51.82 |
| Short interest (% of AUM) | 0.0% |
Distributions
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. PRFZ |
Expenses vs. PRFZ |
ALTAR Score™ vs. PRFZ |
|---|---|---|---|---|
| GSSC | Goldman Sachs Activebeta U.S. Small Cap Equity ETF | 47.0% | -19 bp | +1.9% |
| RSSL | Global X Russell 2000 ETF | 46.8% | -31 bp | +0.5% |
| IWM | iShares Russell 2000 ETF | 46.2% | -20 bp | +0.4% |
| VTWO | Vanguard Russell 2000 ETF | 45.7% | -32 bp | +0.6% |
| AVSC | Avantis U.S Small Cap Equity ETF | 44.3% | -14 bp | +2.4% |
| BBSC | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | 41.6% | -30 bp | +1.8% |
| FNDA | Schwab Fundamental US Small Co. Index ETF | 40.3% | -14 bp | +4.1% |
| DFAS | Dimensional U.S. Small Cap ETF | 38.4% | -13 bp | +3.8% |
| VIOO | Vanguard S&P Small-Cap 600 ETF | 37.3% | -32 bp | +3.8% |
| SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | 36.8% | -36 bp | +4.0% |
Risk and Returns: PRFZ 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 7/14/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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 Rating
2.6%
ALTAR SCORE™
9th
PERCENTILE
AVOID
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. PRFZ's ALTAR Score™ is approximately -1.3 standard
deviations above the category average. This places PRFZ in the 9th percentile
among funds in the category.
Sell-Side Consensus
$62.4
PRICE TARGET
+15.2%
UPSIDE