RSPH

Invesco S&P 500 Equal Weight Health Care ETF

$30.98
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco S&P 500 Equal Weight Health Care ETF (RSPH) seeks to track the investment results of an index that measures the performance of the health care sector of the S&P 500 Index, where each constituent company is equally weighted.

Overview

ETF tracking Invesco S&P 500 Equal Weight Health Care ETF

Category Large Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $751.9M
Average Volume N/A
Dividend Yield 0.73%
52-Week Range $26.81 - $31.59
VWAP $31.10

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Equal Weight Health Care ETF (RSPH) seeks to track the investment results of an index that measures the performance of the health care sector of the S&P 500 Index, where each constituent company is equally weighted.

🎯 Investment Strategy

RSPH employs a passive management approach, seeking to track the S&P 500 Equal Weight Health Care Index. The fund invests at least 90% of its total assets in the securities that make up the underlying index. The index is rebalanced quarterly to maintain equal weighting across the health care sector constituents.

✨ Key Features

  • Provides exposure to the health care sector of the S&P 500 Index
  • Uses an equal-weight approach, which can help reduce concentration risk
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk in the health care sector
  • Potential for higher volatility compared to a broad market index
  • Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index
  • Liquidity risk, as the fund may have limited trading volume

👤 Best For

RSPH may be suitable for investors seeking exposure to the health care sector of the U.S. large-cap equity market, with a focus on equal weighting to help reduce concentration risk. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.