RWL

Invesco S&P 500 Revenue ETF

$111.97
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Invesco S&P 500 Revenue ETF (RWL) seeks to track the investment results of an index that is designed to provide exposure to the 500 largest U.S. companies based on their revenue.

Overview

ETF tracking Invesco S&P 500 Revenue ETF

Issuer Invesco
Inception Date 2019-05-28
Market Cap $7.0B
Average Volume N/A
Dividend Yield 1.35%
52-Week Range $89.02 - $113.54
VWAP $112.24

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Revenue ETF (RWL) seeks to track the investment results of an index that is designed to provide exposure to the 500 largest U.S. companies based on their revenue.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to replicate the performance of the S&P 500 Revenue-Weighted Index. This index weights the constituent companies based on their revenue rather than market capitalization, which can provide a different risk/return profile compared to a traditional market-cap weighted index.

✨ Key Features

  • Revenue-weighted index methodology that may provide exposure to large-cap U.S. companies in a different way than traditional market-cap weighting
  • Broad exposure to the 500 largest U.S. companies
  • Low expense ratio of 0.00%
  • Suitable for investors seeking core U.S. large-cap equity exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Sector concentration risk: The fund's revenue-weighted approach may result in greater exposure to certain sectors compared to a market-cap weighted index
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares at the desired price

👤 Best For

RWL may be suitable for investors seeking broad exposure to large-cap U.S. equities with a focus on revenue-weighted indexing. It could be used as a core holding or as part of a diversified portfolio. Investors should have a long-term investment horizon and be comfortable with the risks associated with equity investing.