RSPS

Invesco S&P 500 Equal Weight Consumer Staples ETF

$28.91
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) seeks to track the investment results of an index that measures the performance of the consumer staples sector of the S&P 500 Index.

Overview

ETF tracking Invesco S&P 500 Equal Weight Consumer Staples ETF

Category Large Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $237.9M
Average Volume N/A
Dividend Yield 2.82%
52-Week Range $28.21 - $31.90
VWAP $28.87

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) seeks to track the investment results of an index that measures the performance of the consumer staples 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 equally weights each of the consumer staples companies in the S&P 500, providing exposure across the sector.

✨ Key Features

  • Provides broad exposure to the consumer staples sector of the S&P 500 Index
  • Uses an equal-weight index methodology, reducing concentration risk
  • Low expense ratio of 0.00%
  • Suitable for investors seeking targeted consumer staples exposure

⚠️ Primary Risks

  • Concentration risk as the fund is focused solely on the consumer staples sector
  • Susceptibility to economic conditions and consumer spending trends that impact the sector
  • Potential for higher volatility compared to a market-cap weighted index
  • Lack of performance history as the fund is relatively new

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the consumer staples sector as part of a diversified portfolio. It could be of interest to those with a long-term investment horizon who are comfortable with the risks and volatility associated with a sector-specific fund.