Invesco RAFI US 1500 Small-Mid ETF PRFZ NASDAQ

Invesco RAFI US 1500 Small-Mid ETF is designed to track the performance of small- and medium-sized U.S. companies through an index of 1,500 common stocks. The fund invests at least 90% of its total assets in securities that comprise the underlying index, which is constructed using four fundamental measures of firm size: book value, cash flow, sales, and dividends. By focusing on these quantitative factors rather than market capitalization alone, the fund aims to provide exposure to undervalued small- and mid-cap companies. The index is managed according to strict guidelines and documented procedures established by the index provider.