Invesco Pure Growth ETF Hits 10.98% 12-Month Return With 34.5% Tech Weight
Invesco's S&P 500 Pure Growth ETF holds $1.65B in assets and charges a 0.35% expense ratio, with a 12-month return of 10.98% and a 34.5% allocation to Information Technology. The fund's beta of 1.17 and 20.32% standard deviation position it as a medium-risk large-cap growth option.
1. Fund Overview
Launched on March 1, 2006, the Invesco S&P 500 Pure Growth ETF targets large-cap growth stocks by tracking the S&P 500 Pure Growth Index and manages $1.65 billion in assets with a 0.35% annual expense ratio and 0.23% trailing dividend yield.
2. Performance and Risk
RPG has delivered a 6.57% year-to-date gain and 10.98% over the past 12 months, trading between $33.86 and $49.82 in the last 52 weeks, while exhibiting a beta of 1.17 and a 20.32% standard deviation over three years.
3. Sector and Holdings
The ETF allocates 34.5% to Information Technology, with its top 10 holdings—led by SanDisk Corp at 3.78%, followed by Comfort Systems USA and Berkshire Hathaway—accounting for 25.36% of assets across 62 stocks.
4. Competitive Alternatives
Investors can compare RPG against Vanguard Growth ETF (VUG) with $194.44B AUM and 0.03% fee or Invesco QQQ at $393.4B and 0.20% fee for larger-weighted growth exposure or choose cheaper market-cap weighted options.