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
Electronic Technology
Technology Services
Stocks99.59%
Finance18.60%
Electronic Technology10.35%
Technology Services10.18%
Health Technology8.43%
Producer Manufacturing6.65%
Utilities6.49%
Consumer Non-Durables6.37%
Consumer Services5.56%
Retail Trade4.80%
Process Industries4.49%
Energy Minerals2.69%
Health Services2.60%
Transportation2.59%
Commercial Services2.19%
Consumer Durables2.15%
Industrial Services1.77%
Distribution Services1.77%
Non-Energy Minerals1.12%
Communications0.59%
Miscellaneous0.20%
Bonds, Cash & Other0.41%
Mutual fund0.40%
Cash0.01%
Stock breakdown by region
North America99.79%
Europe0.21%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history