Invesco S&P SmallCap 600 Revenue ETF (RWJ) is a fundamentally weighted ETF. As of October 9, 2026, ETF Copilot scores RWJ 3.1 out of 10 — highest on Return (5.9), lowest on Quality (0.3). It trades at 14.1 times earnings, against its own median of 14.0. Its ten largest holdings are 14% of the fund.
What stands out in RWJ's data
Small-cap U.S. stocks weighted by revenue, not market cap.
Trades at lower EBITDA multiple than nearly any peer — the market prices its holdings cheaply.
Its trailing EBITDA multiple of 8.8x sits among the cheapest 10% of category peers, well below the 12.1x median. Profitability, at a 13.1% EBITDA margin, also runs low.
A revenue-weighted small-cap sleeve that tilts toward sales, not market price.
How is RWJ rated? ETF Copilot scores Invesco S&P SmallCap 600 Revenue ETF (RWJ) 3.1 out of 10
As of October 9, 2026, ETF Copilot scores Invesco S&P SmallCap 600 Revenue ETF (RWJ) 3.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.1 / 10
- Growth: 0.7 / 10
- Value: 5.5 / 10
- Risk: 2.8 / 10
- Quality: 0.3 / 10
- Return: 5.9 / 10
Is RWJ expensive right now? It trades at 14.1 times earnings, against its own median of 14.0
As of October 9, 2026, RWJ is more expensive than 54% of its own last 9 years.
Trailing 12 months, built from RWJ's holdings. How we calculate this →
What's inside RWJ? 10% Tech
What's inside RWJ: Size (Large 0%, Mid 23%, Small 77%); Geography (International 4%, US 97%); Tech 10.2%; Semiconductors 1.0%; Memory 0.1%.
What are RWJ's top holdings? The ten largest are 14% of the fund
World Fuel Services, United Natural Foods, CarMax, Lincoln National, Group 1 Automotive, Manpowergroup, Kohl's, Goodyear Tire & Rubber, Adient and Asbury Automotive are RWJ's largest holdings, in that order.
Less concentrated than 63% of Fundamental ETFs.
Half of RWJ's weight sits in its 89 largest positions, and once those weights are taken into account it behaves like 207 equally weighted holdings.
What is RWJ's expense ratio? 0.39% a year
As of October 9, 2026, RWJ charges 0.39% a year, yields 1.12% and holds $2.0B in assets across 600 positions.
| Measure | RWJ |
|---|---|
| Expense ratio | 0.39% |
| Dividend yield | 1.12% |
| Assets under management | $2.0B |
| Holdings | 600 |
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 SmallCap 600 Revenue ETF (RWJ) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/rwj
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