RSP

Invesco S&P 500 Equal Weight ETF

$187.34
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco S&P 500 Equal Weight ETF (RSP) seeks to track the investment results of an index that measures the performance of 500 large-cap U.S. equities, with each stock weighted equally rather than by market capitalization.

Overview

ETF tracking Invesco S&P 500 Equal Weight ETF

Category Large Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $73.7B
Average Volume N/A
Dividend Yield 1.60%
52-Week Range $152.93 - $192.11
VWAP $187.52

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Equal Weight ETF (RSP) seeks to track the investment results of an index that measures the performance of 500 large-cap U.S. equities, with each stock weighted equally rather than by market capitalization.

🎯 Investment Strategy

The fund employs a sampling strategy to replicate the performance of the S&P 500 Equal Weight Index. It invests in a representative sample of securities in the index that collectively have an investment profile similar to the index.

✨ Key Features

  • Equal-weighted index exposure to the 500 largest U.S. companies
  • Potentially reduces concentration risk compared to market-cap weighted indexes
  • Provides broad large-cap equity market exposure
  • Low expense ratio of 0.20%

⚠️ Primary Risks

  • Equity market risk - the value of the fund's shares will fluctuate with changes in the value of the U.S. equity market
  • Sampling risk - the fund's performance may not match that of the underlying index due to the use of a sampling strategy
  • Liquidity risk - the fund may have difficulty selling illiquid securities at an advantageous time or price
  • Concentration risk - the fund's equal-weighting approach may result in higher exposure to smaller companies

👤 Best For

The Invesco S&P 500 Equal Weight ETF may be suitable for long-term investors seeking broad exposure to the large-cap U.S. equity market with potentially lower concentration risk than a traditional market-cap weighted index fund. It can serve as a core holding in a diversified portfolio.