Is Invesco S&P 500 Pure Value ETF (RPV) a Strong ETF Right Now?

Core Insights - The Invesco S&P 500 Pure Value ETF (RPV) is a smart beta ETF that debuted on March 1, 2006, providing broad exposure to the Style Box - Large Cap Value category [1] - Smart beta ETFs aim to outperform traditional market cap weighted indexes by selecting stocks based on specific fundamental characteristics [3] - RPV has accumulated over $1.33 billion in assets and seeks to match the performance of the S&P 500 Pure Value Index [5] Fund Details - RPV has an annual operating expense ratio of 0.35% and a 12-month trailing dividend yield of 2.33% [6] - The ETF has a significant allocation in the Financials sector, approximately 18.8%, with Consumer Staples and Healthcare also being prominent sectors [7] - CVS Health Corp (CVS) is the largest holding at 3.23% of total assets, with the top 10 holdings comprising about 23.69% of total assets [8] Performance Metrics - As of August 20, 2025, RPV has gained approximately 7.41% year-to-date and 12.92% over the past year, with a trading range between $81.66 and $97.21 in the last 52 weeks [10] - The fund has a beta of 0.95 and a standard deviation of 17.83% over the trailing three-year period, indicating medium risk [10] Alternatives - Other ETFs in the same space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), with SCHD having $71.3 billion in assets and VTV $142.2 billion [12] - SCHD has a lower expense ratio of 0.06% compared to RPV, while VTV has an expense ratio of 0.04% [12]