RSPD
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
📎 Investment Objective
The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) seeks to track the investment results of an index that measures the performance of the consumer discretionary sector of the S&P 500 Index.
Overview
ETF tracking Invesco S&P 500 Equal Weight Consumer Discretionary ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) seeks to track the investment results of an index that measures the performance of the consumer discretionary sector of the S&P 500 Index.
🎯 Investment Strategy
The fund employs a 'full replication' strategy, meaning it seeks to replicate the performance of its underlying index by holding all the same securities in the same proportions. The index is equal-weighted, so each stock has an equal weighting in the portfolio.
✨ Key Features
- Provides exposure to the consumer discretionary sector of the S&P 500 Index
- Uses an equal-weight index methodology, which can help reduce concentration risk
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Sector concentration risk - The fund is focused solely on the consumer discretionary sector, which may be more volatile than the broader market
- Equity market risk - As a stock fund, RSPD is subject to the general risks of investing in the equity market
- Tracking error risk - The fund may not perfectly track its underlying index
- Liquidity risk - As a newer, smaller fund, RSPD may have less trading volume and liquidity than larger, more established ETFs
👤 Best For
RSPD may be suitable for investors seeking targeted exposure to the consumer discretionary sector as part of a diversified portfolio. Due to its sector focus and limited performance history, it is best suited for investors with a higher risk tolerance and a longer investment time horizon.