Is Invesco S&P MidCap 400 Pure Value ETF (RFV) a Strong ETF Right Now?

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is a smart beta ETF offering mid-cap value exposure with a 0.35% expense ratio and $337.73 million in assets. The fund has gained 17.9% year-to-date with a 1.22% dividend yield but carries higher risk with a beta of 1.05 and 20.20% standard deviation. Top holdings include PBF Energy, Avnet, and Arrow Electronics, with heavy Consumer Discretionary sector exposure at 20.7%.