Invesco S&P SmallCap 600 Pure Value ETF [RZV] Stock Forecast

A smart beta exchange traded fund, the Invesco S&P SmallCap 600 Pure Value ETF (RZV) debuted on 03/01/2006, and offers broad exposure to the Style Box - Small Cap Value category of the market.

Designed to provide broad exposure to the Small Cap Value segment of the US equity market, the Invesco S&P SmallCap 600 Pure Value ETF (RZV) is a passively managed exchange traded fund launched on 03/01/2006.

Smart Beta ETF report for RZV

It's the issuer's first nontransparent active ETF in its lineup.

Style Box ETF report for RZV

The Invesco S&P SmallCap 600 Pure Value ETF invests based on the S&P SmallCap 600® Pure Value Index. The Avantis U.S. Small Cap Value ETF provides investors with an actively managed SCV ETF, versus RZV and other index-based choices.

The small-cap space has been outperforming the large-cap brethren this year following an upbeat start to 2023.

RZV targets U.S. small-size pure-play value stocks while paying (almost) no attention to quality. The valuation characteristics are exemplary, as illustrated by the earnings yield, median EV/EBITDA ratios, and other metrics.

The year 2023 recorded the best January in four years. The month will be remembered for the comeback of the Nasdaq index after a tough 2022.

Small-cap value ETF RZV hit a new 52-week high. Can it soar higher?