Invesco S&P SmallCap 600 Pure Value ETF (RZV) Performance
RZV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +21.7% since Dec 31, 2025
- 1 year
- +21.1% total return
- 5 years
- +9.4% a year
- 10 years
- +10.0% a year
- Since first price
- +8.0% a year since 2006
RZV trailing returns vs SPY, QQQ, AGG
| Period | RZV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.3% | +1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.2% | −4.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.9% | +5.1% | +7.8% | +8.4% | −1.5% |
| YTD | +21.7% | +20.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.1% | +19.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.1%+21.0%/yr | +69.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +56.4%+9.4%/yr | +45.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +160.0%+10.0%/yr | +129.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +400.3%+11.3%/yr | +321.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +354.0%+7.9%/yr | +257.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMar 7, 2006 | +387.6%+8.0%/yr | +280.8% | — | — | — |
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: RZV vs SPY
From Mar 7, 2006: RZV grew to $48,763, SPY to $86,703.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RZV returns by calendar year
12 of 19 full years positive. Best 2009 (+62.7%), worst 2008 (−41.1%). 2026 is year to date.
RZV annual returns table
| Year | RZV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +21.7% | −12.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.6% | −27.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.1% | −10.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +23.0% | −21.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.8% | −22.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +46.0% | −14.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −3.9% | −54.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.3% | −21.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −19.7% | −31.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +1.2% | −20.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +34.0% | −15.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −12.8% | −19.7% | +1.2% | +9.4% | +0.5% |
| 2014 | +2.7% | −14.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +45.3% | −7.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +21.4% | −18.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −8.0% | −30.6% | +1.9% | +3.4% | +7.7% |
| 2010 | +28.5% | −31.7% | +15.1% | +19.9% | +6.4% |
| 2009 | +62.7% | −51.4% | +26.4% | +54.7% | +3.0% |
| 2008 | −41.1% | −54.9% | −36.8% | −41.7% | +7.9% |
| 2007 | −19.1% | −26.8% | +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.
RZV largest drawdowns
Now 6.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −77.1% | Mar 9, 2009 | Sep 13, 2012 | 1.8 years | 5.3 years |
| Aug 22, 2018 | −60.4% | Apr 3, 2020 | Feb 16, 2021 | 1.6 years | 2.5 years |
| Jun 23, 2015 | −31.0% | Jan 19, 2016 | Nov 10, 2016 | 7 months | 1.4 years |
| Dec 2, 2024 | −29.8% | Apr 8, 2025 | Aug 27, 2025 | 4 months | 9 months |
| Nov 8, 2021 | −26.5% | Sep 26, 2022 | Feb 1, 2023 | 11 months | 1.2 years |
| Feb 2, 2023 | −21.4% | May 4, 2023 | Dec 19, 2023 | 3 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RZV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +16.8% | +9.9% | +9.6% | +7.6% |
| Volatility (annualized) | 22.8% | 24.3% | 28.0% | 29.1% |
| Sharpe ratio | 0.60 | 0.36 | 0.39 | — |
| Sortino ratio | 1.11 | 0.62 | 0.60 | — |
| Best month | +14.9% | +17.7% | +24.4% | +51.5% |
| Worst month | −7.6% | −11.7% | −31.9% | −31.9% |
| Best 12 months | +51.6% | +51.6% | +156.9% | +185.8% |
| Worst 12 months | −6.8% | −16.8% | −46.4% | −61.4% |
| Positive months | 56% | 52% | 55% | 58% |
| Beta vs S&P 500 | 1.17 | 1.12 | 1.39 | — |
| Correlation with S&P 500 | 0.64 | 0.72 | 0.76 | — |
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.
RZV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 236 | −61.4% | +6.9% | +185.8% | 66% |
| 3-year (a year) | 212 | −27.5% | +8.9% | +51.3% | 83% |
| 5-year (a year) | 188 | −10.5% | +9.3% | +40.4% | 88% |
| 10-year (a year) | 128 | +0.4% | +7.9% | +20.4% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
RZV performance overview
Invesco S&P SmallCap 600 Pure Value ETF (RZV) returned +21.1% over the past year and +10.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +8.0% a year, turning $10,000 into about $48,763. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −77.1%, from Jun 4, 2007 to Mar 9, 2009, and it took 3.5 years to get back to the old high. RZV finished 12 of its 19 full calendar years with a gain; the best year was 2009 (+62.7%) and the worst 2008 (−41.1%). Volatility has been 29.1% a year.
Related: RZV chart, RZV holdings, RZV dividends. See the RZV overview for the latest quote and fund facts.
RZV performance FAQ
What is the RZV return over the past year?
RZV returned +21.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.2%.
What is the average annual return of RZV?
RZV has returned +9.4% a year over 5 years, +10.0% a year over 10 years, +8.0% a year since March 7, 2006 (total return, distributions reinvested).
How much would $10,000 invested in RZV be worth?
$10,000 invested in RZV at its first recorded close on March 7, 2006 would be worth about $48,763 on October 23, 2026 with distributions reinvested.
What was the worst year for RZV?
The worst calendar year was 2008, with a total return of −41.1%. The best was 2009 at +62.7%.
What is the biggest drawdown of RZV?
The largest peak-to-trough decline was −77.1% between June 4, 2007 and March 9, 2009. It recovered to the old high on September 13, 2012, 3.5 years after the bottom.
How volatile is RZV?
Over the past 3 years RZV had an annualized volatility of 22.8% and a Sharpe ratio of 0.60 (excess return over 1–3 month T-bills per unit of risk).