IUSS — Invesco RAFI Strategic US Small Company ETF

IUSS Fund Overview

IUSS — Invesco RAFI Strategic US Small Company ETF is a US ETF managed by Invesco Exchange-Traded Self-Indexed Fund Trust, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Invesco Exchange-Traded Self-Indexed Fund Trust
• Category: United States Real Estate
• Assets under management: $88.13M
• 1-year return: -0.2%
• Ticker: IUSS
• SEC CIK: 0001657201
• SEC series ID: S000062832
• Share class ID: C000203479

IUSS Investment Objective and Strategy

Invesco RAFI Strategic US Small Company ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Invesco Exchange-Traded Self-Indexed Fund Trust.

Investment objective

The Invesco Strategic US Small Company ETF (the “Fund”) seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Small Company Index (the “Underlying Index”).

Principal investment strategy

The Fund generally will invest at least 80% of its total assets in securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, Invesco Indexing LLC (the Index Provider) compiles and maintains the Underlying Index, which is designed to measure the performance of equity securities issued by higher quality, small-business-sized companies designated as U.S. companies. The Index Provider is affiliated with Invesco Capital Management LLC, the Funds investment adviser (the Adviser), and Invesco Distributors, Inc., the Funds distributor (the Distributor). The Index Provider selects components for inclusion in the Underlying Index from an investment universe of domestic equity securities with at least one year of trading history. Each eligible equity security is assigned a business-size score (Business-Size Score) based on the equally-weighted average of the following four factors of company size over the prior five years (or, if shorter, the life of the security): sales, operating cash flow, total return of capital (dividends and share repurchases) and book value.

For real estate securities (real estate investment trusts (REITs) and common stocks of companies in the real estate sector), operating cash flow is replaced by funds from operations and book value is replaced by total assets. Each eligible security is then assigned a quality score (Quality Score) based on the equally-weighted average of the following two quality factors of its companys business: efficiency (calculated as the ratio of sales-to-assets in the prior year) and growth (calculated as the percentage change in the ratio of sales-to-assets over the prior five years (or, if shorter, the life of the security)). Each eligible security is ranked in descending order by its Business-Size Score. Those securities ranked below 90% by Business-Size Score are eligible for inclusion in the Underlying Index and, of those, the 80% with the highest Quality Scores are included in the Underlying Index.

Securities in the Underlying Index are weighted based on their float-adjusted Business-Size Scores. As of July 31, 2018, there were 1,207 constituents in the Underlying Index. The Fund generally invests in all of the securities comprising its Underlying Index in proportion to their weightings in the Underlying Index. The Fund is non-diversified and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the 1940 Act). Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.

IUSS Performance

Total returns for IUSS (as of 2026-10-01), from SEC filings.

IUSS Risk Information

Risk metrics for IUSS, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 27.3%

IUSS Costs and Fees

IUSS costs about $23 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.23%
• Gross expense ratio: 0.23%
• Portfolio turnover: 36%
• Brokerage commissions: 1.84 bps of average net assets (SEC N-CEN)

IUSS Cashflows

Over the 12 months to 2023-02, Invesco RAFI Strategic US Small Company ETF had net inflows of $33.55M, from monthly SEC N-PORT filings.

IUSS Debt Constituents

No individual debt constituents are reported in Invesco RAFI Strategic US Small Company ETF's latest SEC N-PORT filing.

IUSS Prospectus and SEC Filings

Official Invesco RAFI Strategic US Small Company ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-12-15
• Prospectus (485BPOS) — filed 2021-12-17
• Prospectus (485BPOS) — filed 2020-12-21
• Portfolio holdings (N-PORT) — filed 2023-04-28
• Portfolio holdings (N-PORT) — filed 2023-01-30
• Portfolio holdings (N-PORT) — filed 2022-10-31
• Annual census (N-CEN) — filed 2022-11-14
• Annual census (N-CEN) — filed 2021-11-15

Related Funds

Other United States Real Estate funds tracked on ABC INVEST:

• Vanguard Real Estate Index Fund (VGSIX)
• Vanguard Real Estate II Index Fund (VRTPX)
• Schwab U.S. REIT ETF (SCHH)
• Cohen & Steers Real Estate Securities Fund (CSEIX)
• The Real Estate Select Sector SPDR Fund (XLRE)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.