ETF · Invesco
PSRF Invesco RAFI US Fundamental Value UCITS ETF USD
ISIN IE00B23D8S39London Stock Exchange: PSRFInvesco Ltd.
Latest close
LSE£33.91
on
- Ongoing charge
- 0.39% a year
- Fund size
- £705m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, PSRF (Invesco RAFI US Fundamental Value UCITS ETF USD, ISIN IE00B23D8S39) closed at £33.91 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 30/09/2026 its total return was +86.6%, or +45.9% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +24.9%
- +21.0% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +64.1%
- +48.1% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +86.6%
- +45.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,866 on 30/09/2026 — about £1,459 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD in pounds (price only, income paid out not included): 2022 +1.2%, 2023 +7.7%, 2024 +16.6%, 2025 +6.4%; 2026 to 30/09/2026 +19.3%. Returns of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +23.4%; to 30/09/2025: +9.3%; to 30/09/2024: +15.7%; to 30/09/2023: +3.3%; to 30/09/2022: +7.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +19.3% | +16.0% | |
| +6.4% | +2.7% | ||
| +16.6% | +12.6% | ||
| +7.7% | +3.4% | ||
| +1.2% | −7.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +23.4% | Not available |
| from | +9.3% | +5.1% |
| from | +15.7% | +12.8% |
| from | +3.3% | −2.9% |
| from | +7.5% | −1.2% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
12.5%over 5 years
| 1 year | 9.2% |
|---|---|
| 3 years | 11.3% |
| 5 years | 12.5% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −17.2%
- From to
- Lowest 12-month return
- −7.2%
- 12 months to
- Highest 12-month return
- +32.7%
- 12 months to
- Below its highest weekly close since October 2021
- 0.8%
- High of , latest
In words: Volatility of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 9.2% over 1 year, 11.3% over 3 years, 12.5% over 5 years. Largest fall in the price of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD since October 2021, in pounds: −17.2% from 17/01/2025 to 11/04/2025. The lowest 12-month return of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −7.2% (12 months to 18/08/2023); the highest was +32.7% (12 months to 22/05/2026). On 30/09/2026 the price of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD was 0.8% below its highest weekly close since October 2021 (25/09/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.39%
- a year
- On £10,000
- £39
- a year, roughly
- Over five years
- £193
- of £10,000, before growth
- 194 charge less
- 0 the same
- 16 charge more
Ongoing charge of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD 0.39% a year, as of 01/10/2026: 16 of the 210 other US share funds charge more, 0 the same and 194 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD is an exchange-traded fund (ETF) from Invesco, launched in 2007.
It tracks the RAFI Fundamental US Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- PSRF
- ISIN
- IE00B23D8S39
- Provider
- Invesco
- Tracks
- RAFI Fundamental US Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.39% a year · about £39 on £10,000
- Fund size
- £705m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- US shares
Price chart
Since 31/07/2026, the closing price went from £33.08 on 31/07/2026 to £33.91 on 30/09/2026 (+2.5%). The lowest close shown was £33.08 on 31/07/2026 and the highest £34.19 on 25/09/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Apple Inc USD0.00001 | 5.11% |
| 2 | Alphabet Inc- USD0.001 · Class A | 3.70% |
| 3 | Microsoft Corp USD0.00000625 | 3.46% |
| 4 | Amazon.Com Inc USD0.01 | 2.52% |
| 5 | Meta PlatformsMETA | 2.30% |
| 6 | Exxonmobil Hldigs Com | 2.20% |
| 7 | Berkshire Hathaway · Class BBRK.B | 2.03% |
| 8 | JPMORGAN CHASE & CO USD1 | 1.77% |
| 9 | Intel Corp USD0.001 | 1.56% |
| 10 | Chevron Corp USD0.75 | 1.51% |
Source: Invesco, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Information Technology21.1%
- Financials16.3%
- Health Care13.6%
- Communication Services9.9%
- Energy8.7%
- Consumer Discretionary8.0%
- Industrials7.8%
- Consumer Staples6.6%
- Other sectors7.9%
By country
- United States99.8%
- Switzerland0.1%
- Ireland0.0%
- Belgium0.0%
- Mexico0.0%
- Australia0.0%
By type of asset
- Equity100.0%
- Cash and money market0.0%
517 holdings are listed for this fund. All 517 holdings of PSRF, with the full split by sector, country and type of asset.
All holdings
The fund publishes 517 holdings; the ten largest make up 26.2% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 170 US share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core S&P 500 UCITS ETF, over the three years to 30/09/2026 (151 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of PSRF?
The ongoing charge of PSRF is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Markets III PLC - Invesco RAFI US Fundamental Value UCITS ETF USD 0.39% a year, as of 01/10/2026: 16 of the 210 other US share funds charge more, 0 the same and 194 less (share classes counted once).
What does PSRF track?
PSRF tracks the RAFI Fundamental US Index.
Is PSRF accumulating or distributing?
PSRF is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of PSRF?
The ISIN of PSRF is IE00B23D8S39. An ISIN identifies one exact share class of a fund; PSRF is its ticker on the London Stock Exchange.
What were PSRF’s returns in each of the last five years?
Calendar-year returns of PSRF in pounds (price only, income paid out not included): 2022 +1.2%, 2023 +7.7%, 2024 +16.6%, 2025 +6.4%; 2026 to 30/09/2026 +19.3%. Past performance is not a guide to future returns.
How has PSRF done after inflation?
Over the five years to 30/09/2026 PSRF’s total return was +86.6%, or +45.9% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
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- VUSAVanguard S&P 500 UCITS ETF0.07% a year · £30bn
- SPXPInvesco S&P 500 UCITS ETF0.05% a year · £24bn
- VUAGVanguard S&P 500 UCITS ETF0.07% a year · £21bn
- CNX1iShares NASDAQ 100 UCITS ETF USD0.33% a year · £17bn
- IUSAiShares Core S&P 500 UCITS ETF USD (Dist)0.07% a year · £13bn
- SPX5State Street SPDR S&P 500 UCITS ETF USD0.03% a year · £12bn
- SPXLState Street SPDR S&P 500 UCITS ETF0.03% a year · £11bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Invesco, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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