Invesco RAFI US 1500 Small-Mid ETF
U.S. stock index ETF · tracks RAFI Fundamental Select US 1500 Index
As of its 2026 Q2 report, Invesco RAFI US 1500 Small-Mid ETF held 1,545 positions with $2.88B in net assets. Its ten largest holdings made up 36.1% of the fund. The PRFZ share class costs 0.34% a year. Over the 12 months to May 2026, PRFZ returned 34.5%, with dividends reinvested. In 2026 Q3 it added 3 new positions and exited 41.
The Invesco RAFI US 1500 Small-Mid ETF (the Fund) seeks to track the investment results (before fees and expenses) of the RAFI TM Fundamental Select US 1500 Index (the Underlying Index).
The fund employs full replication to track the RAFI Fundamental Select US 1500 Index, which selects and weights approximately 1,500 small- and mid-sized U.S. companies based on four fundamental measures: book value plus intangibles, adjusted cash flow, adjusted sales, and dividend plus buybacks. Because the fund holds all constituents in index proportion, its returns will closely track the index before fees and expenses.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Invesco Private Prime Fund | 23.04% | $663.26M | — | — |
Invesco Private Government Fund | 8.89% | $256.01M | — | — |
0.59% | $16.98M | 107.3K | $158.22 | |
0.57% | $16.40M | 3.0M | $5.38 | |
0.57% | $16.36M | 312.3K | $52.40 | |
0.53% | $15.34M | 40.0K | $383.91 | |
0.51% | $14.57M | 205.9K | $70.75 | |
0.48% | $13.80M | 46.8K | $295.06 | |
FORMFormFactor, Inc. | 0.44% | $12.66M | 93.2K | $135.93 |
0.44% | $12.57M | 440.7K | $28.53 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,545 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.93% |
| Cash & short-term | 32.05% |
These positions come to 131.98% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
By sector
- Cash
- 24.6%
- Health Care
- 13.4%
- Industrials
- 12.5%
- Information Technology
- 12.3%
- 10 other sectors
- 37.1%
- Cash
- 24.6%
- Health Care
- 13.4%
- Industrials
- 12.5%
- Information Technology
- 12.3%
- Financials
- 12.0%
- Consumer Discretionary
- 8.0%
- Real Estate
- 4.6%
- Energy
- 3.8%
- Communication Services
- 2.4%
- Materials
- 2.3%
- Consumer Staples
- 2.0%
- Utilities
- 1.0%
- International
- 0.8%
- Other
- 0.1%
How it has done
PRFZ share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.63%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Invesco RAFI US 1500 Small-Mid ETF is a U.S. equity index ETF that tracks the RAFI Fundamental Select US 1500 Index. 28% of PRFZ’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.34%· PRFZ 0.34%
- Portfolio turnover
- 17.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
3 new· the largest 2
41 exited· the largest 8
Understand how this fund fits with the rest.
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