RFG
Invesco S&P Midcap 400 Pure Growth ETF
Invesco S&P Midcap 400 Pure Growth ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible, before expenses, the performance of the S&P Midcap 400/Citigroup Pure Growth Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
342.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Fund sponsor | Security Investors LLC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 01, 2006 |
| Assets (mns) | $342 |
| Expense ratio | 35 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CNX RESOURCES CORPORATION | 3.7 % |
| DUOLINGO, INC. CLASS A | 3.2 % |
| COMFORT SYSTEMS USA INC | 2.7 % |
| AAON INC | 2.6 % |
| RYAN SPECIALTY HOLDINGS, INC. CLASS A | 2.3 % |
| TOLL BROTHERS INC | 2.2 % |
| EMCOR GROUP INC | 2.1 % |
| MURPHY USA, INC. | 1.8 % |
| VALARIS LTD | 1.8 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 1.7 % |
Constituent Breakdown
| Number of holdings | 86 |
| Herfindahl-Hirschman Index | 144 |
| Wgt avg mkt cap (mns) | $10,159 |
| Large cap (>$10bn) | 46.6% |
| Mid cap ($2-10bn) | 52.7% |
| Small cap (<$2bn) | 0.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 91.2 % |
 |
CANADA | 2.2 % |
 |
SWITZERLAND | 1.4 % |
 |
CAYMAN ISLANDS | 1.2 % |
 |
BRITAIN | 1.1 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 16.5% | 28.9% | 14.8% | 0.7% | 11.3% | 7.5% | 9.0% | Volatility | 19.0% | 18.8% | 19.4% | 24.0% | 27.3% | 22.4% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.12 | 74% |
| MSCI EAFE | 0.99 | 60% |
| MSCI Emg Mkts | 0.67 | 27% |
Liquidity Measures
| Avg. volume (000) | 14 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.10% |
| ADV of underlying (mns) | $8,627 |
Technical Indicators
| Recent close | $51.79 |
| 30d moving avg. | $49.14 |
| Annualized volatility | 22.6% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 5.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RFG |
Expenses vs. RFG |
ALTAR Score™ vs. RFG |
|---|---|---|---|---|
| IJK | iShares S&P Mid-Cap 400 Growth ETF | 48.1% | -18 bp | +0.6% |
| IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 47.1% | -20 bp | +0.6% |
| MDYG | SPDR S&P 400 Mid Cap Growth ETF | 46.8% | -20 bp | +0.6% |
| GRPM | Invesco S&P MidCap 400 GARP ETF | 38.2% | 0 bp | +3.8% |
| XMHQ | Invesco S&P MidCap Quality ETF | 36.1% | -10 bp | +1.8% |
| BUL | Pacer US Cash Cows Growth ETF | 34.3% | +25 bp | +2.5% |
| XMMO | Invesco S&P MidCap Momentum ETF | 26.0% | -1 bp | +0.5% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 25.0% | -11 bp | +1.1% |
| IJH | iShares Core S&P Mid-Cap ETF | 25.0% | -30 bp | +1.2% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 24.7% | -20 bp | +1.6% |
Risk and Returns: RFG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
RFG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
RFG
5.0%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. RFG's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places RFG in the 44th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RFGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| RFG (35 bp) Percentile rank | 37 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RFG | 35.0 | 10.3 | 45.3 |
| Peer Avg. | 35.7 | 15.0 | 50.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .