(PRF) FTSE RAFI US 1000 - Overview
ETF Category: Large Value | Exchange: NYSE ARCA (USA) | Market Cap: 9.667m USD | Total Return: 29.7% in 12m
TER: 0.39%
Avg Turnover: 22.0M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Invesco FTSE RAFI US 1000 ETF (PRF) tracks a fundamentally weighted index of approximately 1,000 large-cap U.S. equities. Unlike traditional market-capitalization-weighted funds, this ETF selects and weights components based on four financial metrics: book value, cash flow, sales, and shareholder distributions through dividends and buybacks.
The fund falls into the Large Value category, focusing on companies that may be undervalued relative to their fundamental accounting data. This smart beta approach aims to reduce exposure to overvalued stocks that can dominate price-weighted indices during market bubbles. Examining detailed historical performance on ValueRay can help clarify how these fundamental factors influence long-term returns.
PRF maintains a requirement to invest at least 90% of its assets in the underlying index securities. By prioritizing tangible business results over market sentiment, the strategy systematically rebalances toward companies with strengthening balance sheets and consistent revenue streams.
- Fundamental factor rebalancing favors undervalued stocks during periods of value stock outperformance
- Shifts in corporate cash flows and sales affect constituent weightings and fund returns
- Rising interest rates improve relative performance of value-oriented fundamental index strategies
- Broad U.S. economic growth drives performance of the largest thousand domestic companies
- Changes in corporate dividend and buyback policies directly impact underlying index composition
Over the past week, the price has changed by -0.65%, over one month by +4.63%, over three months by +6.06% and over the past year by +29.70%.
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