Key stats
About Invesco S&P 500 Equal Weight ETF
Expense ratio
0.20%
Home page
Inception date
Apr 24, 2003
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stocks100.01%
Finance19.02%
Technology Services10.54%
Electronic Technology10.20%
Health Technology7.72%
Producer Manufacturing6.77%
Utilities6.51%
Consumer Services6.16%
Consumer Non-Durables5.86%
Retail Trade4.66%
Process Industries4.34%
Energy Minerals3.11%
Transportation2.84%
Health Services2.22%
Consumer Durables2.17%
Commercial Services2.15%
Industrial Services2.05%
Distribution Services1.84%
Non-Energy Minerals1.23%
Communications0.61%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
North America99.77%
Europe0.23%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history