PRFZInvesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ Fund Description
PRFZ tracks a fundamentally-weighted index of 1,500 small- and midcap companies in the US that are selected using fundamental metrics.
PRFZ Factset Analytics Insight
PRFZ is more of a fundamental small-cap portfolio than a true extended market fund. The index calculates a "fundamental weight" for the components of the FTSE USA Total Cap Index based on their book values, dividends, free cash flows and total sales. It then selects firms ranked 1,001-2,500 by fundamental weight, rather than by market cap. This process effectively removes most midcaps. PRFZ then weights holdings by their fundamental factors, further tilting the portfolio small—a large majority of the portfolio is allocated to small- and micro-caps. From a size perspective, PRFZ pairs well with sibling fund PRF, which is the large-cap version of this fund. The index is rebalanced and reconstituted annually.
PRFZ MSCI ESG Analytics Insight
Invesco FTSE RAFI US 1500 Small-Mid ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.72 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco FTSE RAFI US 1500 Small-Mid ETF ranks in the 23th percentile within its peer group and in the 9th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PRFZ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
PRFZ Summary Data
PRFZ Portfolio Data
PRFZ Index Data
PRFZ Portfolio Management
PRFZ Tax Exposures
PRFZ Fund Structure
PRFZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PRFZ. PRFZ is rated a 5 out of 5.
PRFZ Sector/Industry Breakdown
PRFZ Top 10 Holdings[View All]
PRFZ Economic Development
PRFZ Performance Statistics
PRFZ MSCI ESG Ratings
PRFZ Benchmark Comparison Summary
PRFZ Benchmark Comparison Market Cap Size