RWJ - Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (Fund) is based on the S&P SmallCap 600 Revenue-Weighted Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P SmallCap 600 Index according to the revenue earned by the companies, with a maximum 5% per company weighting.

As of May 15, 2026: spot at $53.73, ATM IV 29.2%, max pain $45.00, net GEX $2.3K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$1.82B
Beta
1.26
52-Week Range
40.23-56.36
Dividend Yield
$0.57
IPO Date
Feb 22, 2008
Exchange
AMEX

What RWJ Looks Like to Options Traders Today

IV rank of 20.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($2.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.019) is roughly flat across the wings.

What This Page Covers

The RWJ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked RWJ overview questions

What is RWJ?
RWJ is the ticker symbol for Invesco S&P SmallCap 600 Revenue ETF, an listed exchange-traded fund. The Invesco S&P SmallCap 600 Revenue ETF (Fund) is based on the S&P SmallCap 600 Revenue-Weighted Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. Listed on AMEX. RWJ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the RWJ options snapshot look like today?
As of May 15, 2026, the RWJ options snapshot shows spot at $53.73, ATM IV 29.2%, IV rank 20.6%, max pain $45.00, net GEX $2.3K, expected move 8.37%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are RWJ's key statistics?
Invesco S&P SmallCap 600 Revenue ETF (RWJ) carries a market capitalization of $1.82B, 52-week range of 40.23-56.36. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does RWJ belong to?
Invesco S&P SmallCap 600 Revenue ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare RWJ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the RWJ data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.