Is Invesco’s S&P MidCap 400 Pure Growth ETF (RFG) a Strong ETF Right Now?

The RFG — the Invesco S&P MidCap 400 Pure Growth ETF — is positioned as a smart‑beta pick aimed at investors seeking strong growth exposure in the mid‑cap segment. Launched in March 2006, the fund tracks the S&P MidCap 400 Pure Growth Index, which isolates stocks from the S&P MidCap 400 exhibiting robust growth characteristics. With an expense ratio of 0.35%, the fund remains relatively competitive cost‑wise among its mid‑cap growth peers. Sector allocation is tilted toward Industrials (≈26 %), followed by Consumer Discretionary and Healthcare. On the performance front: over the past year the fund has declined about ‑14.3% and year‑to‑date it’s off around ‑12.98%. It carries a beta of 1.14 and a three‑year standard deviation of 23.99%, denoting moderate risk and volatility for the mid‑cap category. In short: for growth‑oriented investors comfortable with mid‑cap risk and lower cost than many active options, RFG presents a viable candidate. But the recent negative returns and higher volatility hint that patience (or a favourable market turn) may be needed. #midcapgrowth #smartbeta #ETFinvesting #Invesco #SlimScan #GrowthStocks #CANSLIM