# Invesco S&P 500 Pure Value ETF (RPV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rpv 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: Passive Index · Inception: 2006-03-01 The Invesco S&P 500 Pure Value ETF, identified by the symbol RPV, is designed to track the performance of the S&P 500 Pure Value Index. This fund is committed to investing a minimum of 90% of its total assets in the underlying securities that make up this index. The index itself aims to capture the returns of companies within the broader S&P 500 universe that prominently display strong "value" characteristics. Its methodology begins by evaluating every security in the S&P 500 and assigning it distinct "style scores" for both value and growth, based on inherent company attributes. The "value... ## Key Facts | Metric | Value | |---|---| | Price | $121.07 | | Expense Ratio | 0.35% | | Assets Under Management | $1.74B | | NAV | $119.89 | | Holdings Count | 118 | | Distribution Yield (TTM) | 2.09% | | Annual Distribution (TTM) | $2.53 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $96.95 – $123.43 | | Beta | 0.75 | ## Latest Distribution - Amount: $0.6284 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does RPV invest in? The Invesco S&P 500 Pure Value ETF, identified by the symbol RPV, is designed to track the performance of the S&P 500 Pure Value Index. This fund is committed to investing a minimum of 90% of its total assets in the underlying securities that make up this index. The index itself aims to capture the returns of companies within the broader S&P 500 universe that prominently display strong "value" characteristics. Its methodology begins by evaluating every security in the S&P 500 and assigning it distinct "style scores" for both value and growth, based on inherent company attributes. The "value score" is derived from three financial ratios: book-value-to-price, earnings-to-price, and sales-to-price. Conversely, the "growth score" considers different factors, such as the three-year growth in sales per share, the three-year ratio of earnings per share change relative to price, and the stock's 12-month price momentum. These individual growth and value scores are then compared (specifically, the growth score divided by the value score) to classify each stock into one of three categories: "deep value," "blend," or "deep growth." Only those stocks designated as "deep value" are ultimately selected for inclusion in the index. Furthermore, these chosen securities are weighted according to their value strength, meaning those with the most compelling value attributes receive a proportionally larger allocation within the index. Both the ETF and its benchmark index undergo a comprehensive rebalancing process on an annual basis. ### What is the expense ratio of RPV? Invesco S&P 500 Pure Value ETF (RPV) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RPV? Invesco S&P 500 Pure Value ETF (RPV) manages $1.74B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is RPV actively managed or an index fund? RPV is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (RPV's is 0.35%) because there's no security selection cost. ### When was RPV launched? Invesco S&P 500 Pure Value ETF (RPV) launched in March 2006 and is managed by Invesco. ### How has RPV performed? RPV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does RPV pay a dividend? Invesco S&P 500 Pure Value ETF (RPV) currently distributes little or no income. Trailing-twelve-month yield is 2.09%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RPV pay dividends? Invesco S&P 500 Pure Value ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RPV's dividend yield? RPV's trailing-twelve-month yield is 2.09%, calculated from the sum of dividends over the past year divided by the current price. ### When is RPV's next ex-dividend date? The most recently announced ex-dividend date for RPV 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 RPV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% 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 RPV charge its expense ratio? The expense ratio is deducted in tiny daily slices from RPV'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 RPV cost more than a fund like VOO? RPV is a passive index fund (current expense ratio 0.35%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to RPV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RPV (0.35%) 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/rpv - Distribution history: https://www.dividenddata.com/funds/rpv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rpv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rpv/expenses - Peer comparison: https://www.dividenddata.com/funds/rpv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.