Invesco S&P 500 Pure Growth ETF (RPG) is a smart beta ETF option for investors.

From Nasdaq: 2024-12-02 13:18:35

Launched on 03/01/2006, the Invesco S&P 500 Pure Growth ETF (RPG) is a smart beta exchange traded fund offering broad exposure to the Style Box – Large Cap Growth category of the market. Smart beta ETFs track non-cap weighted strategies for investors who prefer choosing great stocks to beat the market.

With over $1.55 billion in assets, RPG is managed by Invesco and seeks to match the performance of the S&P 500 Pure Growth Index. The ETF has an expense ratio of 0.35% and a 12-month trailing dividend yield of 0.34%.

RPG has the heaviest allocation in the Information Technology sector, with Nvidia Corp accounting for about 4.97% of total assets. The top 10 holdings of RPG make up about 27.83% of its total assets under management.

So far this year, RPG has gained about 33.74% and is up roughly 41.09% in the last year. The ETF has a beta of 1.13 and standard deviation of 23.65%, making it a medium risk choice in the space.

Invesco S&P 500 Pure Growth ETF is a strong option for investors seeking to outperform the Style Box – Large Cap Growth segment of the market. Alternatives to consider include Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ).

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