RSPU
Invesco S&P 500 Equal Weight Utilities ETF
📎 Investment Objective
The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) seeks to track the investment results of the S&P 500 Equal Weight Utilities Index, which provides equal-weighted exposure to the utilities sector of the S&P 500 Index.
Overview
ETF tracking Invesco S&P 500 Equal Weight Utilities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) seeks to track the investment results of the S&P 500 Equal Weight Utilities Index, which provides equal-weighted exposure to the utilities 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 generally to the price and yield performance of the S&P 500 Equal Weight Utilities Index.
✨ Key Features
- Provides equal-weighted exposure to the utilities sector of the S&P 500 Index
- Replicates the performance of the S&P 500 Equal Weight Utilities Index
- Diversified portfolio of large-cap utilities companies
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Sector concentration risk: As a sector-specific fund, RSPU is subject to greater volatility and risk than a more diversified fund
- Market risk: The fund's performance is tied to the overall stock market and may be affected by economic and market conditions
- Tracking error risk: The fund may not perfectly track its underlying index due to various factors
- Liquidity risk: The fund may experience lower trading volume or less trading activity, which could lead to wider bid-ask spreads
👤 Best For
RSPU may be suitable for investors seeking exposure to the utilities sector as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with sector-specific investments.