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
Stocks99.87%
Finance17.87%
Electronic Technology11.29%
Technology Services9.10%
Health Technology8.84%
Utilities6.94%
Consumer Non-Durables6.34%
Producer Manufacturing6.29%
Consumer Services5.47%
Retail Trade4.67%
Process Industries4.43%
Energy Minerals3.01%
Transportation2.63%
Commercial Services2.60%
Health Services2.53%
Consumer Durables2.19%
Distribution Services2.00%
Industrial Services1.85%
Non-Energy Minerals1.20%
Communications0.63%
Bonds, Cash & Other0.13%
Mutual fund0.13%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history