RSPE
Invesco ESG S&P 500 Equal Weight ETF
📎 Investment Objective
The Invesco ESG S&P 500 Equal Weight ETF (RSPE) seeks to track the investment results of an index that provides exposure to large-cap U.S. companies that meet certain environmental, social and governance (ESG) criteria, with each stock weighted equally.
Overview
ETF tracking Invesco ESG S&P 500 Equal Weight ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco ESG S&P 500 Equal Weight ETF (RSPE) seeks to track the investment results of an index that provides exposure to large-cap U.S. companies that meet certain environmental, social and governance (ESG) criteria, with each stock weighted equally.
🎯 Investment Strategy
RSPE seeks to track the S&P 500 ESG Equal Weight Index, which is designed to measure the performance of securities from the S&P 500 Index that meet certain ESG criteria. The fund uses a sampling approach to replicate the index, investing in a subset of the index's constituent securities that collectively have an investment profile similar to the index.
✨ Key Features
- Provides exposure to large-cap U.S. stocks with a focus on ESG factors
- Uses an equal-weight approach, reducing concentration risk
- Relatively low expense ratio of 0.00%
- Limited performance history due to recent fund launch
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities in which the fund invests
- ESG investment risk: The fund's ESG criteria may exclude certain securities, which could underperform the overall market
- Sampling risk: The fund may not hold all of the securities in the index, which could affect its performance
- Lack of track record: With a limited performance history, the fund's long-term returns are uncertain
👤 Best For
RSPE may be suitable for investors seeking large-cap U.S. equity exposure with a focus on ESG factors, and who have a long-term investment horizon and a moderate risk tolerance. Investors should be aware of the fund's limited performance history and the potential risks associated with its investment strategy.