Invesco S&P SmallCap 600 Revenue ETF
The fund will invest at least 90% of its total assets in the securities that comprise the index. The index is designed to measure the performance of positive revenue-producing constituent securities of the S&P SmallCap 600 ® Index (the “Parent index”). The Parent index is comprised of common stocks of approximately 600 small-capitalization companies that generally represent the small-cap universe of the U.S. equity market.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN · NET +$12M OVER THIS RANGE
Money keeps arriving — +$12M of net buying over the past month, about 0.6% of the fund's asset base, while the price has returned +25.1% so far this year. At 0.39% a year it is not the cheapest way in — FLOW runs the same ground at 0.25%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.3% |
| 1 month | +1.5% |
| 3 months | +11.2% |
| 6 months | +14.5% |
| YTD | +25.1% |
| 1 year | +28.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | −$10M |
| 1 month | +$12M |
| 3 months | +$47M |
| YTD | +$37M |
| 1 year | +$19M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat RWJ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $128.4B | +$547M | -34bp on fee · 62× the assets · +$547M in over the month | Head-to-head |
| IMCB iShares Morningstar Mid-Cap ETF | 0.04% | $1.7B | +$15M | -35bp on fee · +$15M in over the month | Head-to-head |
| VO Vanguard Mid Cap Index Fund | 0.04% | $68.1B | — | -35bp on fee · 33× the assets | Head-to-head |
| IMCG iShares Morningstar Mid-Cap Growth ETF | 0.06% | $4.2B | +$69M | -33bp on fee · 2× the assets · +$69M in over the month | Head-to-head |
| IMCV iShares Morningstar Mid-Cap Value ETF | 0.06% | $1.2B | +$20M | -33bp on fee · +$20M in over the month | Head-to-head |