Invesco S&P MidCap 400 Pure Value ETF (RFV) Performance
RFV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.8% since Dec 31, 2025
- 1 year
- +15.1% total return
- 5 years
- +10.7% a year
- 10 years
- +12.2% a year
- Since first price
- +9.8% a year since 2006
RFV trailing returns vs SPY, QQQ, AGG
| Period | RFV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.7% | −1.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.6% | +5.8% | +7.8% | +8.4% | −1.5% |
| YTD | +15.8% | +14.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.1% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +66.7%+18.6%/yr | +58.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +66.5%+10.7%/yr | +52.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +216.3%+12.2%/yr | +166.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +512.0%+12.8%/yr | +382.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +521.1%+9.6%/yr | +339.9% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMar 7, 2006 | +582.2%+9.8%/yr | +378.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RFV vs SPY
From Mar 7, 2006: RFV grew to $68,217, SPY to $86,703.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RFV returns by calendar year
13 of 19 full years positive. Best 2009 (+59.7%), worst 2008 (−43.0%). 2026 is year to date.
RFV annual returns table
| Year | RFV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.8% | −12.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.7% | −23.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.6% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +30.3% | −18.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −4.0% | −19.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +33.0% | −11.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +9.6% | −50.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.0% | −19.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −18.6% | −26.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.7% | −7.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +30.9% | −14.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −10.9% | −17.7% | +1.2% | +9.4% | +0.5% |
| 2014 | +8.4% | −12.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +38.7% | −6.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +18.7% | −15.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −5.6% | −29.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +22.3% | −24.4% | +15.1% | +19.9% | +6.4% |
| 2009 | +59.7% | −47.6% | +26.4% | +54.7% | +3.0% |
| 2008 | −43.0% | −56.7% | −36.8% | −41.7% | +7.9% |
| 2007 | −3.8% | −15.9% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RFV largest drawdowns
Now 3.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −71.8% | Mar 9, 2009 | Feb 7, 2011 | 1.8 years | 3.7 years |
| Jan 22, 2018 | −52.2% | Mar 23, 2020 | Nov 24, 2020 | 2.2 years | 2.8 years |
| Apr 6, 2011 | −29.1% | Oct 3, 2011 | Mar 15, 2012 | 6 months | 11 months |
| May 18, 2015 | −27.6% | Jan 20, 2016 | Oct 5, 2016 | 8 months | 1.4 years |
| Nov 25, 2024 | −24.7% | Apr 8, 2025 | Jul 10, 2025 | 4 months | 7 months |
| Jan 14, 2022 | −19.5% | Sep 30, 2022 | Jan 11, 2023 | 9 months | 12 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RFV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +14.8% | +11.2% | +11.7% | +9.5% |
| Volatility (annualized) | 18.5% | 21.6% | 25.0% | 24.1% |
| Sharpe ratio | 0.60 | 0.43 | 0.48 | — |
| Sortino ratio | 1.07 | 0.75 | 0.74 | — |
| Best month | +12.5% | +16.0% | +20.4% | +29.5% |
| Worst month | −7.5% | −10.5% | −30.4% | −30.4% |
| Best 12 months | +32.1% | +32.1% | +136.6% | +136.6% |
| Worst 12 months | −2.8% | −10.5% | −39.8% | −55.5% |
| Positive months | 53% | 50% | 57% | 61% |
| Beta vs S&P 500 | 1.06 | 1.07 | 1.34 | — |
| Correlation with S&P 500 | 0.71 | 0.77 | 0.82 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RFV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 236 | −55.5% | +10.6% | +136.6% | 71% |
| 3-year (a year) | 212 | −20.9% | +11.1% | +40.9% | 86% |
| 5-year (a year) | 188 | −5.2% | +11.2% | +32.6% | 97% |
| 10-year (a year) | 128 | +3.5% | +10.5% | +19.4% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
RFV performance overview
Invesco S&P MidCap 400 Pure Value ETF (RFV) returned +15.1% over the past year and +12.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +9.8% a year, turning $10,000 into about $68,217. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −71.8%, from Jun 4, 2007 to Mar 9, 2009, and it took 1.9 years to get back to the old high. RFV finished 13 of its 19 full calendar years with a gain; the best year was 2009 (+59.7%) and the worst 2008 (−43.0%). Volatility has been 24.1% a year.
Related: RFV chart, RFV holdings, RFV dividends, RFV valuation. See the RFV overview for the latest quote and fund facts.
RFV performance FAQ
What is the RFV return over the past year?
RFV returned +15.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
What is the average annual return of RFV?
RFV has returned +10.7% a year over 5 years, +12.2% a year over 10 years, +9.8% a year since March 7, 2006 (total return, distributions reinvested).
How much would $10,000 invested in RFV be worth?
$10,000 invested in RFV at its first recorded close on March 7, 2006 would be worth about $68,217 on October 23, 2026 with distributions reinvested.
What was the worst year for RFV?
The worst calendar year was 2008, with a total return of −43.0%. The best was 2009 at +59.7%.
What is the biggest drawdown of RFV?
The largest peak-to-trough decline was −71.8% between June 4, 2007 and March 9, 2009. It recovered to the old high on February 7, 2011, 1.9 years after the bottom.
How volatile is RFV?
Over the past 3 years RFV had an annualized volatility of 18.5% and a Sharpe ratio of 0.60 (excess return over 1–3 month T-bills per unit of risk).