Invesco S&P 500 Pure Value ETF RPV offers focused exposure to the members of the S&P 500 with the strongest value characteristics. Its returns can be attractive--especially when value is in favor--but its concentrated portfolio is also very volatile. As a result, it is unlikely to outpace the Russell 1000 Value Index on a risk-adjusted basis over the long term, warranting a Morningstar Analyst Rating of Neutral.
Will RPV outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RPV’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RPV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RPV’s parent organization’s priorities and whether they’re in line with investors’ interests.