Invesco RAFI US 1500 Small-Mid ETF
Invesco Exchange-Traded Fund Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2025 Q3
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.
| Share class | Expense ratio |
|---|---|
| PRFZ | 0.34% |
Portfolio turnover 17.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Cash | 24.3% |
| Industrials | 13.2% |
| Health Care | 12.7% |
| Information Technology | 12.6% |
| 10 smaller | 37.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: PIPR, DHT Holdings, Inc., Golar LNG Ltd., MRP, AGL, QXO, NVCR, SFD
Largest exited: Piper Sandler Cos., Dayforce, Inc., REV Group, Inc., Amicus Therapeutics, Inc., Confluent, Inc., Avidity Biosciences, Inc., Dynavax Technologies Corp., Jamf Holding Corp.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Invesco Private Prime Fund | 23.04% | — | $663.26M | — |
| — | Invesco Private Government Fund | 8.89% | — | $256.01M | — |
| TTMI | TTM Technologies, Inc.TTMI | 0.59% | $158.22 | $16.98M | 107.3K |
| OPEN | Opendoor Technologies Inc.OPEN | 0.57% | $5.38 | $16.40M | 3.0M |
| VIAV | Viavi Solutions Inc.VIAV | 0.57% | $52.40 | $16.36M | 312.3K |
| AEIS | Advanced Energy Industries, Inc.AEIS | 0.53% | $383.91 | $15.34M | 40.0K |
| MXL | MaxLinear, Inc.MXL | 0.51% | $70.75 | $14.57M | 205.9K |
| ONTO | Onto Innovation Inc.ONTO | 0.48% | $295.06 | $13.80M | 46.8K |
| FORM | FormFactor, Inc.FORM | 0.44% | $135.93 | $12.66M | 93.2K |
| ROIV | Roivant Sciences Ltd.ROIV | 0.44% | $28.53 | $12.57M | 440.7K |
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.
Top 10 positions are 36.06% of net assets, top 25 41.40%, across 1.5K issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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