Invesco S&P MidCap 400 Pure Growth ETF (RFG) is a US mid-cap ETF. As of October 28, 2026, ETF Copilot scores RFG 4.6 out of 10 — highest on Growth (8.2), lowest on Value (2.3). It trades at 26.3 times earnings, against its own median of 21.9. Its ten largest holdings are 21% of the fund.
What stands out in RFG's data
Mid-cap stocks screened for growth characteristics.
Trades at a higher price than the typical mid-cap fund — you pay more for each dollar of earnings.
Its trailing EBITDA multiple of 17.2x sits above the category median of 13.9x and its own five-year median of 13.3x. Analysts project 24% earnings growth, ahead of the 16% peer norm.
A growth tilt for a mid-cap allocation, built on stocks with accelerating earnings.
Why did RFG move this week? It fell 1.1% in the week to October 28, 2026 — Corcept Therapeutics and Carpenter Technology drove it
RFG fell 1.1% in the week to October 28, 2026. The holdings that moved it most were Corcept Therapeutics (−25.8%), Carpenter Technology (−23.9%) and Firstcash (−12.3%); Valaris (+10.8%) pushed the other way.
How is RFG rated? ETF Copilot scores Invesco S&P MidCap 400 Pure Growth ETF (RFG) 4.6 out of 10
As of October 28, 2026, ETF Copilot scores Invesco S&P MidCap 400 Pure Growth ETF (RFG) 4.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.6 / 10
- Growth: 8.2 / 10
- Value: 2.3 / 10
- Risk: 2.4 / 10
- Quality: 5.7 / 10
- Return: 3.1 / 10
Is RFG expensive right now? It trades at 26.3 times earnings, against its own median of 21.9
As of October 28, 2026, RFG is more expensive than 70% of its own last 9 years.
Trailing 12 months, built from RFG's holdings. How we calculate this →
What's inside RFG? 20% Tech
What's inside RFG: Size (Large 2%, Mid 92%, Small 7%); Geography (International 8%, US 92%); Tech 20.3%; AI 0.8%; Semiconductors 3.6%; Memory 2.7%.
What are RFG's top holdings? The ten largest are 21% of the fund
Halozyme Therapeutics, Technipfmc, Valaris, Medpace, Interdigital, Arrowhead Pharmaceuticals, Five Below, Digitalocean, Exelixis and Woodward are RFG's largest holdings, in that order.
More concentrated than 92% of US Mid Cap ETFs.
Half of RFG's weight sits in its 32 largest positions, and once those weights are taken into account it behaves like 80 equally weighted holdings.
What is RFG's expense ratio? 0.35% a year
As of October 28, 2026, RFG charges 0.35% a year, yields 0.05% and holds $317M in assets across 101 positions.
| Measure | RFG |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 0.05% |
| Assets under management | $317M |
| Holdings | 101 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco S&P MidCap 400 Pure Growth ETF (RFG) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/rfg
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