The fund tracks the S&P 900 Dividend Revenue-Weighted Index, which selects the 60 companies with the highest dividend yields from the S&P 500 and S&P MidCap 400 indexes. Instead of the conventional market-cap weighting, it uses revenue weighting, determining each holding's weight by the company's actual revenue size.

It suits income-oriented investors who want exposure to US high-dividend stocks while preferring a stable, large-cap-oriented portfolio built through revenue-based weighting.

Launched by Invesco in 2013, it is a passively managed ETF that tracks an index.

The index first screens out stocks whose dividend yields are so high that a price decline is a concern (dividend traps) and stocks paying out excessive dividends relative to earnings, then selects high-dividend stocks from the remainder. It then allocates weights by revenue rather than market capitalization, a strategy that reflects each company's actual business scale.

• A distinctive weighting method that combines dividend yield and revenue metrics
• Strict stock screening that takes dividend sustainability into account

Assets under management (AUM) stand at $1.5B, and the expense ratio is 0.39% per year.

The fund has shown the typical traits of the high-dividend sector, which provides relatively stable cash flow during periods of heightened interest rate volatility, and it tends to post solid results versus the broader index in value-driven markets.

Money from retirement savers and conservative investors who prioritize income has flowed in steadily, and the stable, revenue-based portfolio structure has earned positive reviews.

Revenue-based weighting offers access to high-quality high-dividend stocks, but investors should be mindful of sector concentration and the volatility that comes with its value-stock character.

SCHD and VYM shown in the table are standard choices for US dividend investing, while SDY and DVY focus more on dividend growth and consistency. Unlike these, RDIV uses revenue weighting, which interprets company size differently. If you want more defensive high-dividend exposure, HDV is also worth considering. If you want solid, revenue-backed large-cap exposure together with a high dividend yield, RDIV can be an appropriate tool.

These are the key factors to check before deciding to invest in RDIV. You should approach it with a comprehensive understanding of dividend quality and the characteristics of a revenue-based strategy.

By the nature of high-dividend strategies, the fund may face price pressure when interest rates rise, and investors should recognize that revenue weighting does not always guarantee better performance than market-cap weighting.

It is a suitable product for investors who want to invest in high-quality US high-dividend stocks while using a distinctive revenue-weighted strategy. It works well for securing a stable income allocation within a portfolio.