Invesco S&P 500 Equal Weight ETFInvesco S&P 500 Equal Weight ETFInvesco S&P 500 Equal Weight ETF

Invesco S&P 500 Equal Weight ETF

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Key stats


Assets under management (AUM)
‪66.77 B‬USD
Fund flows (1Y)
‪15.39 B‬USD
Dividend yield (indicated)
1.45%
Discount/Premium to NAV
0.1%

About Invesco S&P 500 Equal Weight ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.20%
Home page
Inception date
Apr 24, 2003
Index tracked
S&P 500 Equal Weighted
Management style
Passive
Probably one of the best-known equal-weighted ETFs, RSP simply takes all the stocks in the S&P 500 and weights them equally. Equal weighting greatly increases the footprint of smaller S&P 500 stocks (many of which we consider to be midcaps), which results in higher beta for the portfolio. However, equal weighting also lowers concentration, reducing blow-up risk from any one name. While one should expect some sector biases here as well, RSP does not equal-weight sectors as some peer equal-weight ETFs do. Quarterly rebalancing implements the contrarian theme baked into all equal-weight plays: sell winners and buy losers.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Committee

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
Stocks
Finance
Electronic Technology
Technology Services
Stocks100.01%
Finance18.84%
Electronic Technology10.54%
Technology Services10.45%
Health Technology8.01%
Producer Manufacturing6.89%
Utilities6.19%
Consumer Services6.08%
Consumer Non-Durables5.81%
Retail Trade4.65%
Process Industries4.40%
Energy Minerals3.05%
Transportation2.84%
Health Services2.29%
Commercial Services2.16%
Consumer Durables2.13%
Industrial Services1.96%
Distribution Services1.80%
Non-Energy Minerals1.31%
Communications0.59%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
99%0.2%
North America99.77%
Europe0.23%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows