RWJInvesco S&P SmallCap 600 Revenue ETF
RWJ Fund Description
RWJ tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue.
RWJ Factset Analytics Insight
RWJ is one of a handful of small-cap ETFs that approach the space with a fundamentals-weighted methodology. In this case, the component stocks are simply weighted by top-line revenue rather than market capitalization. The fund basically invests in positive revenue-producing securities of the S&P SmallCap 600, a market-cap-weighted index that consists of US small-cap companies screened for size, liquidity, and financial viability. The index defines a constituent’s revenue by the sum of its most recently reported trailing four-quarter revenues. Constituents with higher revenues are more heavily weighted. The index rebalances quarterly so that no individual constituent exceeds 5% weight. Prior to June 4, 2018 the funds underlying index was called OFI Revenue Weighted Small Cap Index.
RWJ MSCI ESG Analytics Insight
Invesco S&P SmallCap 600 Revenue ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.54 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 S&P SmallCap 600 Revenue ETF ranks in the 32nd percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RWJ 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.
RWJ Summary Data
RWJ Portfolio Data
RWJ Index Data
RWJ Portfolio Management
RWJ Tax Exposures
RWJ Fund Structure
RWJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RWJ. RWJ is rated a 5 out of 5.
RWJ Sector/Industry Breakdown
RWJ Top 10 Holdings[View All]
RWJ Economic Development
RWJ Performance Statistics
RWJ MSCI ESG Ratings
RWJ Benchmark Comparison Summary
RWJ Benchmark Comparison Market Cap Size