Is Invesco S&P 500 Pure Growth ETF (RPG) a Strong ETF Right Now?

Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the Invesco S&P 500 Pure Growth ETF (RPG) is a smart beta exchange traded fund launched on 03/01/2006.What Are Smart Beta ETFs?For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns.Fund Sponsor & IndexThe fund is sponsored by Invesco. It has amassed assets over $1.56 billion, making it one of the average sized ETFs in the Style Box - Large Cap Growth. RPG seeks to match the performance of the S&P 500 Pure Growth Index before fees and expenses.The S&P 500 Pure Growth Index measures the performance of securities that exhibit strong growth characteristics in the S&P 500 Index.Cost & Other ExpensesExpense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.Operating expenses on an annual basis are 0.35% for this ETF, which makes it on par with most peer products in the space.It has a 12-month trailing dividend yield of 0.35%.Sector Exposure and Top HoldingsETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.For RPG, it has heaviest allocation in the Industrials sector --about 25.3% of the portfolio --while Consumer Discretionary and Information Technology round out the top three.When you look at individual holdings, Palantir Technologies Inc (PLTR) accounts for about 3.07% of the fund's total assets, followed by Nvidia Corp (NVDA) and United Airlines Holdings Inc (UAL).The top 10 holdings account for about 21.43% of total assets under management.Performance and RiskThe ETF has added about 13.1% and it's up approximately 13.08% so far this year and in the past one year (as of 12/19/2025), respectively. RPG has traded between $33.86 and $48.53 during this last 52-week period. RPG has a beta of 1.17 and standard deviation of 20.19% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 97 holdings, it effectively diversifies company-specific risk .AlternativesInvesco S&P 500 Pure Growth ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. There are other ETFs in the space which investors could consider as well.Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $199.9 billion in assets, Invesco QQQ has $401.81 billion. VUG has an expense ratio of 0.04% and QQQ changes 0.20%.Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap GrowthBottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.Boost Your Portfolio with Our Top ETF InsightsZacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week.Don’t miss out on this valuable resource. It’s free!Get it now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Pure Growth ETF (RPG): ETF Research ReportsThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks