RSPM
Invesco S&P 500 Equal Weight Materials ETF
📎 Investment Objective
The Invesco S&P 500 Equal Weight Materials ETF (RSPM) seeks to track the investment results of the S&P 500 Equal Weight Materials Index, which provides equal-weighted exposure to the materials sector of the S&P 500 Index.
Overview
ETF tracking Invesco S&P 500 Equal Weight Materials ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P 500 Equal Weight Materials ETF (RSPM) seeks to track the investment results of the S&P 500 Equal Weight Materials Index, which provides equal-weighted exposure to the materials sector of the S&P 500 Index.
🎯 Investment Strategy
The fund employs a replication strategy, holding all the securities in the underlying index in the same proportion. This approach aims to provide investment results that, before fees and expenses, correspond to the performance of the S&P 500 Equal Weight Materials Index.
✨ Key Features
- Equal-weighted exposure to the materials sector of the S&P 500 Index
- Diversified portfolio of large-cap materials companies
- Low expense ratio of 0.00%
- Passively managed to track the performance of the underlying index
⚠️ Primary Risks
- Concentration risk as the fund is focused solely on the materials sector
- Equity market risk as the fund's performance is tied to the overall stock market
- Tracking error risk as the fund may not perfectly replicate the index performance
- Liquidity risk due to the potentially lower trading volume of some holdings
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the materials sector of the large-cap U.S. equity market as part of a diversified portfolio. It may be of interest to investors with a long-term investment horizon who are comfortable with the risks associated with sector-specific investments.