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Equity | US Equity
Ticker: RSP
How to investWhy RSP
Product Details
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.
- This approach results in an exposure that tilts toward smaller companies in the S&P 500 Index.
- Relative to market cap indexes like the S&P 500, this reduces the concentration risk.
- RSP and the Index are rebalanced quarterly.
as of 10/31/2022
Factor DNATM
Financial Professionals - Log in to view the fund’s Factor DNATM chart
Source: Axioma, Inc.
Factor score methodology
Axioma is used to calculate the data that goes into the charts. We use Axioma's global short time horizon risk model.
The current factor exposures of the ETF relative to its benchmark index are shown using the bars in the chart. Each factor's band indicates the +/- one standard deviation exposure of the fund to that factor over the past three years.
The bar color is determined by comparing the number of standard deviations the current exposure is from the average three-year exposure. Higher exposures are a bright color, while lower exposures are a dark color.
See notes below for factor definitions.
Factor definitions
Value: Book to price; Small size: Natural log of the total issuer market capitalization average over the last month. Companies with a smaller market cap receive a higher score; Profitability: considers return-on-equity, return-on-assets, cash-flow-to-assets, cash-flow-to-income, gross margin and sales-to-assets; Momentum: cumulative return over last 20 days; Low Volatility: square root of 60-day average of absolute return / cross sectional market volatility. Lower volatility stocks receive a higher score; Leverage: equal weight average of debt-to-assets and debt-to-equity; Growth: equal weight average of earnings growth rate and the sales growth rate; Dividend Yield: trailing 12-month dividend yield.
as of 10/31/2022
Factor DNATM
Financial Professionals - Log in to view the fund’s Factor DNATM chart
Factor score methodology
Axioma is used to calculate the data that goes into the charts. We use Axioma's global short time horizon risk model.
The current factor exposures of the ETF relative to its benchmark index are shown using the bars in the chart. Each factor's band indicates the +/- one standard deviation exposure of the fund to that factor over the past three years.
The bar color is determined by comparing the number of standard deviations the current exposure is from the average three-year exposure. Higher exposures are a bright color, while lower exposures are a dark color.
See notes below for factor definitions.
Factor definitions
Value: Book to price; Small size: Natural log of the total issuer market capitalization average over the last month. Companies with a smaller market cap receive a higher score; Profitability: considers return-on-equity, return-on-assets, cash-flow-to-assets, cash-flow-to-income, gross margin and sales-to-assets; Momentum: cumulative return over last 20 days; Low Volatility: square root of 60-day average of absolute return / cross sectional market volatility. Lower volatility stocks receive a higher score; Leverage: equal weight average of debt-to-assets and debt-to-equity; Growth: equal weight average of earnings growth rate and the sales growth rate; Dividend Yield: trailing 12-month dividend yield.
as of 12/31/2023 12/31/2023
Performance
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| S&P 500 Equal Weight Index | 13.87 | 13.87 | 9.34 | 13.77 | 10.40 | 11.39 |
| S&P 500 Index | 26.29 | 26.29 | 10.00 | 15.69 | 12.03 | 10.48 |
| Fund History (%) | ||||||
| Fund NAV | 13.72 | 13.72 | 9.12 | 13.57 | 10.12 | 10.95 |
| After Tax Held | 12.90 | 12.90 | 8.54 | 12.98 | 9.50 | 10.37 |
| After Tax Sold | 8.10 | 8.10 | 6.89 | 10.69 | 8.05 | 9.28 |
| Fund Market Price | 13.78 | 13.78 | 9.12 | 13.56 | 10.12 | 10.95 |
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| S&P 500 Equal Weight Index | 13.87 | 13.87 | 9.34 | 13.77 | 10.40 | 11.39 |
| S&P 500 Index | 26.29 | 26.29 | 10.00 | 15.69 | 12.03 | 10.48 |
| Fund History (%) | ||||||
| Fund NAV | 13.72 | 13.72 | 9.12 | 13.57 | 10.12 | 10.95 |
| After Tax Held | 12.90 | 12.90 | 8.54 | 12.98 | 9.50 | 10.37 |
| After Tax Sold | 8.10 | 8.10 | 6.89 | 10.69 | 8.05 | 9.28 |
| Fund Market Price | 13.78 | 13.78 | 9.12 | 13.56 | 10.12 | 10.95 |
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
As the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.
as of 12/31/2023
Growth of $10,000
Data beginning 10 years prior to the ending date of 12/31/2023. Fund performance shown at NAV.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
as of01/25/2024
Sector Allocation
| Sector | Percent of Fund |
|---|---|
| Industrials | 15.64% |
| Financials | 14.69% |
| Information Technology | 13.44% |
| Health Care | 13.08% |
| Consumer Discretionary | 10.48% |
| Consumer Staples | 7.35% |
| Real Estate | 6.09% |
| Utilities | 5.55% |
| Materials | 5.40% |
| Energy | 4.46% |
| Communication Services | 3.86% |
as of 01/24/2024
Market Cap & Style Allocations
| Large-Cap Value | 10.20% |
| Large-Cap Blend | 16.33% |
| Large-Cap Growth | 10.09% |
| Mid-Cap Value | 20.36% |
| Mid-Cap Blend | 31.15% |
| Mid-Cap Growth | 9.45% |
| Small-Cap Value | 1.36% |
| Small-Cap Blend | 0.80% |
| Small-Cap Growth | 0.26% |
as of 01/25/2024Top Holdings | View All
Fund Holdings subject to change
| Ticker | Company | % of Fund |
|---|---|---|
| AMD | Advanced Micro Devices Inc | 0.27 |
| CTLT | Catalent Inc | 0.26 |
| URI | United Rentals Inc | 0.25 |
| AVGO | Broadcom Inc | 0.25 |
| NVDA | NVIDIA Corp | 0.25 |
| JNPR | Juniper Networks Inc | 0.24 |
| MRNA | Moderna Inc | 0.24 |
| ILMN | Illumina Inc | 0.24 |
| WDC | Western Digital Corp | 0.24 |
| FTNT | Fortinet Inc | 0.24 |
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.
Distributions | HideView All | Distribution Information
| Ex-Date | Record Date | Pay Date | $/ Share | Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
|---|---|---|---|---|---|---|---|---|
| 12/18/2023 | 12/19/2023 | 12/22/2023 | 0.60910 | 0.60910 | - | - | - | - |
| 09/18/2023 | 09/19/2023 | 09/22/2023 | 0.63761 | 0.63761 | - | - | - | - |
| 06/20/2023 | 06/21/2023 | 06/23/2023 | 0.64215 | 0.64215 | - | - | - | - |
| 03/20/2023 | 03/21/2023 | 03/24/2023 | 0.69139 | 0.69139 | - | - | - | - |
| 12/19/2022 | 12/20/2022 | 12/23/2022 | 0.57775 | 0.57775 | - | - | - | - |
| 09/19/2022 | 09/20/2022 | 09/23/2022 | 0.63024 | 0.63024 | - | - | - | - |
| 06/21/2022 | 06/22/2022 | 06/30/2022 | 0.70337 | 0.70337 | - | - | - | - |
| 03/21/2022 | 03/22/2022 | 03/31/2022 | 0.65424 | 0.65424 | - | - | - | - |
| 12/20/2021 | 12/21/2021 | 12/31/2021 | 0.45384 | 0.45384 | - | - | - | - |
| 09/20/2021 | 09/21/2021 | 09/30/2021 | 0.55680 | 0.55680 | - | - | - | - |
| 06/21/2021 | 06/22/2021 | 06/30/2021 | 0.42040 | 0.42040 | - | - | - | - |
| 03/22/2021 | 03/23/2021 | 03/31/2021 | 0.64647 | 0.64647 | - | - | - | - |
| 12/21/2020 | 12/22/2020 | 12/31/2020 | 0.44200 | 0.44200 | - | - | - | - |
| 09/21/2020 | 09/22/2020 | 09/30/2020 | 0.49662 | 0.49662 | - | - | - | - |
| 06/22/2020 | 06/23/2020 | 06/30/2020 | 0.42537 | 0.42537 | - | - | - | - |
| 03/23/2020 | 03/24/2020 | 03/31/2020 | 0.72999 | 0.72999 | - | - | - | - |
| 12/23/2019 | 12/24/2019 | 12/31/2019 | 0.46928 | 0.46928 | - | - | - | - |
| 09/23/2019 | 09/24/2019 | 09/30/2019 | 0.52010 | 0.52010 | - | - | - | - |
| 06/24/2019 | 06/25/2019 | 06/28/2019 | 0.49016 | 0.49016 | - | - | - | - |
| 03/18/2019 | 03/19/2019 | 03/29/2019 | 0.47852 | 0.47852 | - | - | - | - |
| 12/24/2018 | 12/26/2018 | 12/31/2018 | 0.53213 | 0.53213 | - | - | - | - |
| 09/24/2018 | 09/25/2018 | 09/28/2018 | 0.48592 | 0.48592 | - | - | - | - |
| 06/15/2018 | 06/18/2018 | 06/29/2018 | 0.40238 | 0.40238 | - | - | - | - |
| 03/16/2018 | 03/16/2018 | 03/29/2018 | 0.42850 | 0.42850 | - | - | - | - |
| 12/15/2017 | 12/18/2017 | 12/29/2017 | 0.45830 | 0.45830 | - | - | - | - |
| 09/15/2017 | 09/15/2017 | 09/29/2017 | 0.41000 | 0.41000 | - | - | - | - |
| 06/16/2017 | 06/16/2017 | 06/30/2017 | 0.32050 | 0.32050 | - | - | - | - |
| 03/17/2017 | 03/17/2017 | 03/31/2017 | 0.35000 | 0.35000 | - | - | - | - |
| 12/16/2016 | 12/16/2016 | 12/30/2016 | 0.14744 | 0.14744 | - | - | - | - |
| 09/16/2016 | 09/16/2016 | 09/30/2016 | 0.30039 | 0.30039 | - | - | - | - |
| 06/17/2016 | 06/21/2016 | 06/30/2016 | 0.18735 | 0.18735 | - | - | - | - |
| 03/18/2016 | 03/22/2016 | 03/31/2016 | 0.40159 | 0.40159 | - | - | - | - |
| 12/18/2015 | 12/22/2015 | 12/31/2015 | 0.33704 | 0.33704 | - | - | - | - |
| 09/18/2015 | 09/22/2015 | 09/30/2015 | 0.32151 | 0.32151 | - | - | - | - |
| 06/19/2015 | 06/23/2015 | 06/30/2015 | 0.31811 | 0.31811 | - | - | - | - |
| 03/20/2015 | 03/24/2015 | 03/31/2015 | 0.32637 | 0.32637 | - | - | - | - |
| 12/19/2014 | 12/23/2014 | 12/31/2014 | 0.33515 | 0.33515 | - | - | - | - |
| 09/19/2014 | 09/23/2014 | 09/30/2014 | 0.26805 | 0.26805 | - | - | - | - |
| 06/20/2014 | 06/24/2014 | 06/30/2014 | 0.27970 | 0.27970 | - | - | - | - |
| 03/21/2014 | 03/25/2014 | 03/31/2014 | 0.28158 | 0.28158 | - | - | - | - |
| 12/20/2013 | 12/24/2013 | 12/31/2013 | 0.24889 | 0.24889 | - | - | - | - |
| 09/20/2013 | 09/24/2013 | 09/30/2013 | 0.21664 | 0.21664 | - | - | - | - |
| 06/21/2013 | 06/25/2013 | 06/28/2013 | 0.23987 | 0.23987 | - | - | - | - |
| 03/15/2013 | 03/19/2013 | 03/28/2013 | 0.20192 | 0.20192 | - | - | - | - |
| 12/21/2012 | 12/26/2012 | 12/31/2012 | 0.28126 | 0.28126 | - | - | - | - |
| 09/21/2012 | 09/25/2012 | 09/28/2012 | 0.20839 | 0.20839 | - | - | - | - |
| 06/15/2012 | 06/19/2012 | 06/29/2012 | 0.20232 | 0.20232 | - | - | - | - |
| 03/16/2012 | 03/20/2012 | 03/30/2012 | 0.18085 | 0.18085 | - | - | - | - |
| 12/16/2011 | 12/20/2011 | 12/30/2011 | 0.18633 | 0.18633 | - | - | - | - |
| 09/16/2011 | 09/20/2011 | 09/30/2011 | 0.16974 | 0.16974 | - | - | - | - |
| 06/17/2011 | 06/21/2011 | 06/30/2011 | 0.16020 | 0.16020 | - | - | - | - |
| 03/18/2011 | 03/22/2011 | 03/31/2011 | 0.20047 | 0.20047 | - | - | - | - |
| 12/17/2010 | 12/21/2010 | 12/31/2010 | 0.13132 | 0.13132 | - | - | - | - |
| 09/17/2010 | 09/21/2010 | 09/30/2010 | 0.20338 | 0.20338 | - | - | - | - |
| 06/18/2010 | 06/22/2010 | 06/30/2010 | 0.13885 | 0.13885 | - | - | - | - |
| 03/19/2010 | 03/23/2010 | 03/31/2010 | 0.12536 | 0.12536 | - | - | - | - |
| 12/18/2009 | 12/22/2009 | 12/31/2009 | 0.12583 | 0.12583 | - | - | - | - |
| 09/18/2009 | 09/22/2009 | 09/30/2009 | 0.11976 | 0.11976 | - | - | - | - |
| 06/19/2009 | 06/23/2009 | 06/30/2009 | 0.11509 | 0.11509 | - | - | - | - |
| 03/20/2009 | 03/24/2009 | 03/31/2009 | 0.16423 | 0.16423 | - | - | - | - |
| 12/19/2008 | 12/23/2008 | 12/31/2008 | 0.14345 | 0.14345 | - | - | - | - |
| 09/19/2008 | 09/23/2008 | 09/30/2008 | 0.18237 | 0.18237 | - | - | - | - |
| 06/20/2008 | 06/24/2008 | 06/30/2008 | 0.15605 | 0.15605 | - | - | - | - |
| 03/20/2008 | 03/25/2008 | 03/31/2008 | 0.16450 | 0.16450 | - | - | - | - |
Distribution Information
During the period October 27, 2015, through December 7, 2015, the Invesco Floating Rate Fund declared daily distributions in excess of daily net investment income, which was reflected in Distribution yield test.
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Frequency Distribution of Discounts & Premiums
- Bid/Ask MidPoint Above NAV
- Bid/Ask Midpoint Below NAV
| Bid/Ask MidPoint Above NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending | Days | 0.00- 0.25% | 0.26- 0.50% | 0.51- 0.99% | 1.00- 1.49% | 1.50- 1.99% | ≥2.00% |
| 12/31/2023 | 63 | 35 | 0 | 0 | 0 | 0 | 0 |
| 09/30/2023 | 63 | 44 | 0 | 0 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 36 | 0 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 25 | 0 | 0 | 0 | 0 | 0 |
| Year Ended 2023 | 250 | 140 | 0 | 0 | 0 | 0 | 0 |
| Bid/Ask Midpoint Below NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending | Days | 0.00- 0.25% | 0.26- 0.50% | 0.51- 0.99% | 1.00- 1.49% | 1.50- 1.99% | ≥2.00% |
| 12/31/2023 | 63 | 28 | 0 | 0 | 0 | 0 | 0 |
| 09/30/2023 | 63 | 19 | 0 | 0 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 26 | 0 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 37 | 0 | 0 | 0 | 0 | 0 |
| Year Ended 2023 | 250 | 110 | 0 | 0 | 0 | 0 | 0 |
Fund Inception : 04/24/2003
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Premiums/Discounts
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Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Fund Documents
Materials & Resources
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments focused in a particular industry or sector, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
"Standard & Poor’s," "S&P" and "S&P 500," are trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by Invesco Capital Management LLC and its affiliates. Invesco S&P 500® Equal Weight ETF is not sponsored, endorsed, sold or promoted by Standard & Poor’s makes no representation regarding the advisability of investing in Invesco S&P 500® Equal Weight ETF.
© 2021 Axioma, Inc. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Axioma; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute financial, investment, or legal advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Axioma is not responsible for any trading decisions, damages or other losses related to the Information or its use. Information should be verified before use and should not be acted upon without first obtaining specific legal, tax, and investment advice from a licensed professional. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
I'm an expert in financial products and investments, and I'll provide insights into the concepts mentioned in the provided article about Invesco Distributors, Inc. and their Invesco S&P 500® Equal Weight ETF (RSP).
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Invesco Distributors, Inc.: This is an investment management company that distributes a variety of financial products, including Exchange-Traded Funds (ETFs).
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Invesco S&P 500® Equal Weight ETF (RSP):
- Objective: The ETF aims to track the performance of the S&P 500® Equal Weight Index, which equally weights the stocks in the S&P 500® Index.
- Investment Strategy: At least 90% of the fund's assets are invested in securities that make up the S&P 500® Equal Weight Index.
- Rebalancing: The fund and the index are rebalanced quarterly, as of the specified date (10/31/2022).
- Exposure and Risk Mitigation: The equal-weight approach reduces concentration risk compared to market cap-weighted indexes, favoring smaller companies in the S&P 500®.
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Factor DNATM and Axioma, Inc.:
- Factor Score Methodology: Axioma, Inc. is used to calculate Factor DNATM, which provides insights into various factors affecting the ETF's performance.
- Factors Considered: The chart displays factor exposures relative to the benchmark index, including Value, Small Size, Profitability, Momentum, Low Volatility, Leverage, Growth, and Dividend Yield.
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Performance:
- Performance Metrics: The article provides performance data as of 12/31/2023, including monthly and quarterly returns for both the S&P 500 Equal Weight Index and the Invesco S&P 500® Equal Weight ETF (RSP).
- Growth of $10,000: Shows the hypothetical growth of a $10,000 investment in the fund over the past 10 years.
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Sector and Market Cap Allocation:
- Sector Allocation: Breakdown of the fund's holdings by sector as of 01/25/2024.
- Market Cap & Style Allocations: Allocation of holdings based on market cap and style as of 01/24/2024.
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Top Holdings:
- List of Top Holdings: Displays the top holdings of the fund as of 01/25/2024, including companies like AMD, Catalent, United Rentals, Broadcom, NVIDIA, and others.
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Distributions:
- Distribution Information: Details about the fund's distributions, including ex-date, record date, pay date, and the amount per share for various types like Ordinary Income, Short Term Gains, Long Term Gains, Return of Capital, and Liquidation Distribution.
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Premiums/Discounts and Frequency Distribution:
- Premiums/Discounts: Information on how the fund's market price compares to its net asset value (NAV).
- Frequency Distribution of Discounts & Premiums: Breakdown of premiums or discounts by percentage range.
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Fund Documents:
- Available Documents: Prospectus, Annual Report, SAI (Statement of Additional Information), Semiannual Report, Fact Sheet, and other materials.
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Risk Disclosures:
- Risk Factors: The article mentions risks associated with investing in ETFs, including possible loss of money, market risks, and risks related to specific industry or sector focus.
This information is valuable for potential investors, financial professionals, and anyone interested in understanding the structure, performance, and risk factors associated with the Invesco S&P 500® Equal Weight ETF (RSP).
