About Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ)

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that aims to track the performance of the FTSE RAFI US 1500 Small-Mid Index. This index consists of small and mid-sized US companies that are weighted based on factors such as book value, cash flow, sales, and dividends. The ETF provides investors with exposure to a diverse range of small and mid-cap stocks, offering potential for growth and capital appreciation.

With a focus on fundamentally-weighted investing, PRFZ offers a different approach compared to traditional market-cap weighted indexes. By selecting and weighting stocks based on fundamental factors, the ETF seeks to provide a more balanced and robust representation of the small and mid-cap segment of the US market. This strategy may result in a different portfolio composition compared to other market-cap weighted small and mid-cap ETFs, potentially leading to differentiated performance.