Invesco S&P Ultra Dividend Revenue ETF (RDIV)
AMEX
Financial Services
Asset Management - Income
$59.66
▲ +0.93%
Market Cap
$1.09B
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.81
52-Wk Range
47.28-60.14
CEO
—
Country
US
Currency
USD
The Invesco S&P Ultra Dividend Revenue ETF aims to mirror the performance of the S&P 900 Dividend Revenue-Weighted Index. This involves allocating a minimum of 90% of its total capital to the securities that constitute this benchmark index. The underlying Index employs a systematic, rules-based approach originating from the broader S&P 900 Index. This process first filters out the highest 5% of securities based on dividend yield. Subsequently, it removes the 5% of securities with the highest dividend payout ratios from each specific sector. From the remaining pool, the sixty securities exhibit…
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