# Invesco S&P SmallCap 600 Revenue ETF (RWJ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rwj 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: Thematic · Inception: 2008-02-19 The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is designed to track the investment results of the S&P SmallCap 600 Revenue-Weighted Index. The fund commits to investing at least 90% of its total assets in the securities that constitute this underlying index. This benchmark index is constructed using a systematic, rules-based methodology. It begins with the companies in the traditional S&P SmallCap 600 Index, then re-weights them proportionally to the revenue each company generates, ensuring that no single company accounts for more than 5% of the index. Both the ETF and its corresponding ind... ## Key Facts | Metric | Value | |---|---| | Price | $57.92 | | Expense Ratio | 0.39% | | Assets Under Management | $2.02B | | NAV | $57.92 | | Holdings Count | 601 | | Distribution Yield (TTM) | 1.12% | | Annual Distribution (TTM) | $0.65 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $44.70 – $62.86 | | Beta | 1.11 | ## Latest Distribution - Amount: $0.1903 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does RWJ invest in? The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is designed to track the investment results of the S&P SmallCap 600 Revenue-Weighted Index. The fund commits to investing at least 90% of its total assets in the securities that constitute this underlying index. This benchmark index is constructed using a systematic, rules-based methodology. It begins with the companies in the traditional S&P SmallCap 600 Index, then re-weights them proportionally to the revenue each company generates, ensuring that no single company accounts for more than 5% of the index. Both the ETF and its corresponding index undergo rebalancing on a quarterly basis. On July 14, 2023, at market close, the fund implemented a 3-for-1 forward split for its outstanding shares. Further details can be found in the fund's prospectus. As of August 31, 2025, Morningstar Inc. rated the fund highly, assigning it an overall 4-star rating out of 477 comparable funds. For specific timeframes, it received 3 stars for the 3-year period (out of 477 funds), 4 stars for the 5-year period (out of 448 funds), and 4 stars for the 10-year period (out of 372 funds). Morningstar's star ratings assess funds based on their risk-adjusted returns, emphasizing consistent performance and considering downside volatility. These ratings, which factor in fund fees and expenses (but exclude sales charges), compare both ETFs and open-end mutual funds within a single category. To receive an overall rating, a fund must have at least a three-year history, with the overall score derived from a weighted average of its 3-, 5-, and 10-year ratings. The top 10% of funds in a category receive 5 stars, the subsequent 22.5% earn 4 stars, the middle 35% get 3 stars, the next 22.5% are awarded 2 stars, and the bottom 10% receive 1 star. These proprietary ratings are subject to monthly adjustments, and potential fee waivers or expense reimbursements could influence the rating. Different share classes may also exhibit varied ratings due to distinct performance characteristics. It's important to remember that past performance is not indicative of future results. Morningstar disclaims any warranty for the accuracy or completeness of this information and is not responsible for losses arising from its use. ### What is the expense ratio of RWJ? Invesco S&P SmallCap 600 Revenue ETF (RWJ) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RWJ? Invesco S&P SmallCap 600 Revenue ETF (RWJ) manages $2.02B 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 RWJ actively managed or an index fund? RWJ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was RWJ launched? Invesco S&P SmallCap 600 Revenue ETF (RWJ) launched in February 2008 and is managed by Invesco. ### How has RWJ performed? RWJ'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 RWJ pay a dividend? Invesco S&P SmallCap 600 Revenue ETF (RWJ) currently distributes little or no income. Trailing-twelve-month yield is 1.12%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RWJ pay dividends? Invesco S&P SmallCap 600 Revenue 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 RWJ's dividend yield? RWJ's trailing-twelve-month yield is 1.12%, calculated from the sum of dividends over the past year divided by the current price. ### When is RWJ's next ex-dividend date? The most recently announced ex-dividend date for RWJ 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 RWJ'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 RWJ charge its expense ratio? The expense ratio is deducted in tiny daily slices from RWJ'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 RWJ cost more than a fund like VOO? RWJ's strategy (current expense ratio 0.39%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where RWJ sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to RWJ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RWJ (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/rwj - Distribution history: https://www.dividenddata.com/funds/rwj/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rwj/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rwj/expenses - Peer comparison: https://www.dividenddata.com/funds/rwj/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.