# Invesco S&P Ultra Dividend Revenue ETF (RDIV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rdiv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Leveraged · Inception: 2013-09-30 The Invesco S&P Ultra Dividend Revenue ETF aims to mirror the performance of the S&P 900 Dividend Revenue-Weighted Index. This involves allocating a minimum of 90% of its total capital to the securities that constitute this benchmark index. The underlying Index employs a systematic, rules-based approach originating from the broader S&P 900 Index. This process first filters out the highest 5% of securities based on dividend yield. Subsequently, it removes the 5% of securities with the highest dividend payout ratios from each specific sector. From the remaining pool, the sixty securities exhi... ## Key Facts | Metric | Value | |---|---| | Price | $60.50 | | Expense Ratio | 0.39% | | Assets Under Management | $1.44B | | NAV | $59.11 | | Holdings Count | 61 | | Distribution Yield (TTM) | 3.52% | | Annual Distribution (TTM) | $2.13 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $50.91 – $64.42 | | Beta | 0.79 | ## Latest Distribution - Amount: $0.5170 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does RDIV invest in? The Invesco S&P Ultra Dividend Revenue ETF aims to mirror the performance of the S&P 900 Dividend Revenue-Weighted Index. This involves allocating a minimum of 90% of its total capital to the securities that constitute this benchmark index. The underlying Index employs a systematic, rules-based approach originating from the broader S&P 900 Index. This process first filters out the highest 5% of securities based on dividend yield. Subsequently, it removes the 5% of securities with the highest dividend payout ratios from each specific sector. From the remaining pool, the sixty securities exhibiting the highest dividend yields are chosen. These selected companies are then weighted within the index proportionally to their generated revenue, with no single company exceeding a 5% allocation. Both the ETF and its benchmark undergo quarterly reconstitution and rebalancing, adjusted by current dividend yields and revenue contributions. As of August 31, 2025, the Fund received a 4-star overall rating among 378 comparable funds from Morningstar Inc. Its performance over various timeframes also garnered 3 stars (out of 378 funds) for the three-year period, an impressive 5 stars (out of 355 funds) for the five-year period, and 3 stars (out of 282 funds) for the ten-year period. Morningstar's ratings assess funds based on a risk-adjusted return metric, which considers fluctuations in monthly performance, particularly penalizing negative swings while favoring steady performance. For comparative purposes, open-end mutual funds and exchange-traded funds are grouped together. Only funds with a minimum of three years of operational history are eligible for these ratings. The comprehensive overall rating is a weighted average of the available three-, five-, and ten-year performance metrics, factoring in fees and expenses but excluding sales charges. Morningstar Inc. holds all rights to this proprietary information (©2025); it is not authorized for copying or distribution and its accuracy, completeness, or timeliness is not guaranteed. Morningstar and its affiliates disclaim responsibility for any liabilities or losses resulting from the use of this data. It is crucial to remember that historical performance is not indicative of future outcomes. Within any given category, the top 10% of funds are awarded five stars, the subsequent 22.5% receive four stars, the middle 35% earn three stars, the next 22.5% get two stars, and the lowest 10% receive one star. These ratings are dynamic and may change monthly. Furthermore, any historical or current fee waivers or expense reimbursements would have resulted in a lower Morningstar rating had they not been in effect. Distinct performance attributes may lead to different ratings for other share classes. ### What is the expense ratio of RDIV? Invesco S&P Ultra Dividend Revenue ETF (RDIV) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations. ### What is RDIV's dividend yield? RDIV's trailing-twelve-month yield is 3.52%, calculated from the sum of dividends over the past year divided by the current price. ### Is RDIV a good long-term hold? RDIV is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days. ### How does RDIV's daily reset work? RDIV rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets. ### How big is RDIV? Invesco S&P Ultra Dividend Revenue ETF (RDIV) manages $1.44B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does RDIV pay a dividend? Yes, Invesco S&P Ultra Dividend Revenue ETF (RDIV) distributes dividends to shareholders. The trailing-twelve-month yield is 3.52%. Full dividend history is on this page. ### How often does RDIV pay dividends? Invesco S&P Ultra Dividend Revenue ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is RDIV's next ex-dividend date? The most recently announced ex-dividend date for RDIV was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will RDIV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.39% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RDIV charge its expense ratio? The expense ratio is deducted in tiny daily slices from RDIV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RDIV cost more than a fund like VOO? RDIV is a leveraged fund (current expense ratio 0.39%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to RDIV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RDIV (0.39%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rdiv - Distribution history: https://www.dividenddata.com/funds/rdiv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rdiv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rdiv/expenses - Peer comparison: https://www.dividenddata.com/funds/rdiv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.