About Invesco S&P Ultra Dividend Revenue ETF (RDIV)

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that seeks to provide investors with exposure to high-dividend-yielding companies within the S&P 900 Index. RDIV aims to track the performance of the S&P Composite 1500 Super Composite Dividend Revenue Index, which is designed to measure the performance of the top 60 stocks within the S&P 900 Index that have the highest average dividend yield over the past 12 months. The index is weighted by revenue instead of market capitalization, providing a unique approach to selecting dividend-paying stocks.

RDIV's underlying index employs a rules-based methodology that considers both dividend yield and revenue weighting. This approach allows the fund to capture companies with sustainable dividend payments and strong revenue streams. By using revenue weighting, RDIV avoids the concentration risk associated with traditional market-cap weighted strategies and provides a more balanced exposure to dividend-paying stocks across sectors.