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Beacon

PRFInvesco RAFI US 1000 ETF

Grow my money20y track recordRanked #206 of 2,960 in this goal

Seeks to track the investment results of the RAFI Fundamental Select US 1000 Index.

By Invesco · Launched 2005

Annual Cost

0.34%

#1,585 of 5,562 · low cost

Fund Size

$9.6B

#284 of 5,562 · large

Return (1Y)Goal

+33.0%

Track Record

20 years

#264 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$13,162+31.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index enhanced

Index tracked

RAFI Fundamental Select US 1000 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 23.2% of fund✓ well diversified

Alphabet Inc.
4.1%
Apple Inc.
4.1%
Microsoft Corp.
2.7%
Amazon.com, Inc.
2.0%
Invesco Private Prime Fund
2.0%
JPMorgan Chase & Co.
1.9%
Berkshire Hathaway Inc.
1.9%
Exxon Mobil Corp.
1.7%
Intel Corp.
1.4%
Bank of America Corp.
1.3%

Asset allocation

Stocks
100.0%

By sector

Technology
24.3%
Financial Services
14.7%
Healthcare
11.6%
Communication
9.8%
Consumer Cyclical
9.0%
Industrials
8.8%
Energy
7.5%
Consumer Defensive
5.9%
Other
8.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.0%Moderate

Year-on-year price swings

Max drawdown
-38.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.21Strong risk-adjusted returns
Sortino (3Y)
1.77Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to track the investment results of the RAFI Fundamental Select US 1000 Index.
Strategy
Invests primarily in securities of the largest U.S. companies, tracking the RAFI Fundamental Select US 1000 Index. The Fund employs full replication methodology, investing in all securities of the Index in proportion to their weightings, aiming for diversification as defined by the 1940 Act.
Inception date
December 19, 2005
Fund family
Invesco

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
94.4%
TE
3.1%
Beta
1.02
Fee
2× 0.15%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=index_enhanced + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19