Invesco S&P SmallCap 600 Pure Growth ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of a subset of securities from the S&P SmallCap 600® Index that exhibit strong growth characteristics.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN · NET −$8M OVER THIS RANGE
Money is leaving — −$8M walked out over the past month, about 5.7% of the fund's asset base, while the price has returned +25.2% so far this year. At 0.35% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -2.7% |
| 1 month | +0.2% |
| 3 months | +7.8% |
| 6 months | +16.5% |
| YTD | +25.2% |
| 1 year | +26.5% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | −$1M |
| 1 month | −$8M |
| 3 months | +$5M |
| YTD | +$2M |
| 1 year | +$5M |
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 RZG 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 | -30bp on fee · 962× the assets · +$547M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -31bp on fee · 254× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -31bp on fee · 210× the assets · +$103M in over the month | Head-to-head |
| ILCG iShares Morningstar Growth ETF | 0.04% | $3.3B | +$7M | -31bp on fee · 25× the assets · +$7M in over the month | Head-to-head |
| IMCB iShares Morningstar Mid-Cap ETF | 0.04% | $1.7B | +$15M | -31bp on fee · 13× the assets · +$15M in over the month | Head-to-head |