RSPA
Invesco S&P 500 Equal Weight Income Advantage ETF
📎 Investment Objective
The Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Equal Weight Index - Enhanced Value.
Overview
ETF tracking Invesco S&P 500 Equal Weight Income Advantage ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Equal Weight Index - Enhanced Value.
🎯 Investment Strategy
The fund employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of the 500 largest U.S. stocks, equally weighted, with an enhanced focus on stocks with higher dividend yields.
✨ Key Features
- Tracks the S&P 500 Equal Weight Index - Enhanced Value, which provides broad exposure to large-cap U.S. equities with a tilt towards higher dividend-paying stocks
- Equal weighting approach aims to reduce concentration risk compared to market-cap weighted indexes
- Enhanced value factor targets stocks with higher dividend yields
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying index and the overall stock market
- Dividend risk: Companies may reduce or eliminate dividends, which could negatively impact the fund's performance
- Sector concentration risk: The fund may be more heavily weighted in certain sectors, which could increase volatility
- Liquidity risk: In certain market conditions, it may be difficult to sell the fund's shares
👤 Best For
This ETF may be suitable for long-term investors seeking broad exposure to large-cap U.S. equities with a focus on higher-yielding stocks. It could be a core holding in a diversified portfolio, but investors should be comfortable with the risks associated with equity investments.