Is Invesco FTSE RAFI US 1000 ETF (PRF) a Strong ETF Right Now?
From Nasdaq: 2024-04-11 06:20:07
The Invesco FTSE RAFI US 1000 ETF (PRF), launched in 2005, is a smart beta fund offering exposure to Large Cap Value stocks. Smart beta ETFs deviate from traditional market cap-weighted indexes, aiming to outperform by selecting stocks based on specific fundamental characteristics. PRF tracks the FTSE RAFI US 1000 Index, focusing on book value, income, sales, and dividends. Expenses are 0.39%, with top holdings like Berkshire Hathaway and Exxon Mobil. Performance has been positive, making PRF a medium-risk choice for investors seeking alternatives in the Large Cap Value segment. To learn more, visit Zacks ETF Center for valuable insights and analysis.
Investors seeking cheaper and lower-risk options in the Large Cap Value segment can consider traditional market cap-weighted ETFs. Funds like Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV) offer competitive alternatives. SCHD tracks Dow Jones U.S. Dividend 100 Index, while VTV follows CRSP U.S. Large Cap Value Index. With expense ratios of 0.06% and 0.04% respectively, these funds provide diversified exposure to top-performing assets in the market. Get comprehensive ETF research reports and the latest recommendations from Zacks Investment Research for informed decision-making.
For more insights and analysis on ETFs, as well as top-performing funds and key market news, sign up for Zacks’ free Fund Newsletter. Stay updated on market developments and performance trends to maximize your investment potential. Dow Jones U.S. Dividend 100 Index, offering diversified exposure to top-performing U.S. equities. Considering its low expense ratio of 0.06%, SCHD presents a cost-effective option for investors seeking competitive returns in the Large Cap Value segment. Download Zacks Investment Research’s 7 Best Stocks for the Next 30 Days for expert recommendations and actionable insights.
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