What is Invesco Invesco S&P 500 Equal Weight ETF RSP?
Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund offered by Invesco that seeks to track the performance of the S&P 500 Equal Weight Index. Unlike the traditional S&P 500 Index, which is weighted by market capitalization, the S&P 500 Equal Weight Index assigns an equal weight to each of the 500 stocks in the index. RSP aims to outperform the market-cap-weighted S&P 500 by providing greater exposure to smaller companies in the index that would otherwise be overshadowed by larger companies.
RSP is currently the largest and most actively traded equal-weight ETF, with over $35 billion in assets under management as of June 2023. The ETF has seen a surge in inflows, particularly during times when mega-cap stocks in the S&P 500 have underperformed smaller companies. RSP has an expense ratio of 0.20% and holdings across a variety of sectors, including information technology, healthcare, and financials.
Overall, Invesco S&P 500 Equal Weight ETF (RSP) offers an alternative approach to investing in the S&P 500 that focuses on equal weighting and greater exposure to smaller companies. The ETF has gained popularity among investors seeking diversified exposure to the S&P 500 while potentially benefitting from smaller companies that may outperform larger ones.
Frequently Asked Questions about invesco invesco s&p 500 equal weight etf rsp
NEW: Experience our best charts yet.
| Previous Close | 142.38 |
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| Open | 142.57 |
| Bid | 139.81 x 1000 |
| Ask | 139.84 x 2200 |
| Day's Range | 139.78 - 142.59 |
The Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) offers investors equally weighted exposure to the S&P 500 (SPX) index. In other words, it's not overly concentrated in one particular sector or stock.
Overview. The Invesco S&P 500 Equal Weight UCITS ETF Dist aims to provide the net total return performance of the S&P 500 Equal Weight Index (the “Reference Index”), less the impact of fees. The fund distributes dividends on a quarterly basis.
The Invesco S&P 500® Equal Weight Industrials ETF (Fund) is based on the S&P 500® Equal Weight Industrials Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the industrials sector of the S&P 500® Index.
Invesco S&P 500® Equal Weight ETF (RSP) is based on the S&P 500® Equal Weight Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights the stocks in the S&P 500® Index.
The S&P 500 Equal Weight Index, which RSP tracks, has outperformed the S&P 500 Index based on rolling monthly periods over the past 3, 5 and 10 years. Dating back to inception in 2003, the S&P 500 Equal Weight Index outperformed the S&P 500 Index by 0.98% on an annualized basis.
RSPs are registered through Canada Revenue Agency (CRA) and are designed to encourage us to save for retirement. RSPs can contain investments such as stocks, bonds, mutual funds, ETFs, GICs, and savings accounts. Contributions are tax-deductible based on your marginal tax rate when you put the money in.
The largest Equal-Weighted ETF is the Invesco S&P 500 Equal Weight ETF RSP with $39.36B in assets. In the last trailing year, the best-performing Equal-Weighted ETF was FNGU at 197.68%. The most recent ETF launched in the Equal-Weighted space was the ProShares Bitcoin & Ether Equal Weight Strategy ETF BETE on 10/02/23.
Equal-weight ETFs offer more protection if a large sector experiences a downturn, and due to the equal weighting, small sectors underperforming can offset losses more than they would in a market-weight ETF. Just because these two types of ETFs hold the same basket of companies does not mean they will perform similarly.
Compared to market-cap-weighted index funds, equal-weight index funds provide several advantages. Equal-weight index funds provide better diversity by ensuring each company, regardless of size, has an equal impact on the portfolio. This lessens the risk of concentration and can improve long-term performance.
The largest Equal-Weighted ETF is the Invesco S&P 500 Equal Weight ETF RSP with $39.36B in assets. In the last trailing year, the best-performing Equal-Weighted ETF was FNGU at 197.68%. The most recent ETF launched in the Equal-Weighted space was the ProShares Bitcoin & Ether Equal Weight Strategy ETF BETE on 10/02/23.
The largest Equal-Weighted ETF is the Invesco S&P 500 Equal Weight ETF RSP with $39.36B in assets. In the last trailing year, the best-performing Equal-Weighted ETF was FNGU at 197.68%. The most recent ETF launched in the Equal-Weighted space was the ProShares Bitcoin & Ether Equal Weight Strategy ETF BETE on 10/02/23.
RSP has a higher expense ratio than VOO by 0.17%. This can indicate that it's more expensive to invest in RSP than VOO. RSP targets investing in US Equities, while VOO targets investing in US Equities. RSP is managed by Invesco, while VOO is managed by Vanguard.
Regular Savings Plan
Regular Savings Plan (RSP) is a disciplined way of saving through regularly investing an equal amount of money into the mutual fund of your choice to even out the ups and downs of the market and average down the unit cost of your invesment.
The role of the RSP
Instead, your order will be placed with a Retail Service Provider (RSP), also known as a market maker. A market maker is a company that's always ready to both buy and sell a stock at all times, aiming to make a profit from the difference between the bid price and the offer price.
Equal Weight S&P 500 ETFs: An Overview. Think of the S&P 500 like a pie chart: with a market weight ETF, the pie is broken up into slices based on market cap. With an equal-weight ETF, all the slices are the same size, regardless of the size of the company or sector.
