PRFZ – Fund Analysis – Invesco RAFI US 1500 Small-Mid ETF | Morningstar

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Will PRFZ outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRFZ’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the PRFZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of PRFZ’s parent organization’s priorities and whether they’re in line with investors’ interests.

Worth the wait.

Associate Analyst Brian Paoli

Brian Paoli

Associate Analyst

Summary

Invesco RAFI US 1500 Small-Mid ETF offers investors a contrarian strategy that breaks the connection between price and weight.

by Brian Paoli

Rated on Apr 25, 2026 Published on Apr 25, 2026

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