RSP
Invesco S&P 500 Equal Weight ETF
Invesco S&P Equal Weight ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible, before expenses, the performance of the S&P Equal Weight Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
71.5 B
ASSETS UNDER MGMT
20 bp
EXPENSES
Fund Basics
| Fund sponsor | Security Investors LLC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 24, 2003 |
| Assets (mns) | $71,526 |
| Expense ratio | 20 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| GE VERNOVA INC | 2.1 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 0.4 % |
| TESLA MOTORS INC | 0.4 % |
| UNITED CONTINENTAL HOLDINGS | 0.4 % |
| AXON ENTERPRISE INC | 0.3 % |
| VISTRA ENERGY CORP. | 0.3 % |
| CARNIVAL CORP | 0.3 % |
| TAPESTRY, INC. | 0.3 % |
| LULULEMON ATHLETICA INC | 0.3 % |
| ROYAL CARIBBEAN CRUISES LTD | 0.3 % |
Constituent Breakdown
| Number of holdings | 494 |
| Herfindahl-Hirschman Index | 23 |
| Wgt avg mkt cap (mns) | $105,343 |
| Large cap (>$10bn) | 95.7% |
| Mid cap ($2-10bn) | 4.0% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 94.7 % |
 |
IRELAND | 2.1 % |
 |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 20.3% | 28.5% | 14.4% | 8.9% | 12.7% | 10.8% | 11.9% | Volatility | 11.2% | 11.8% | 14.0% | 17.0% | 22.1% | 18.3% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.98 | 88% |
| MSCI EAFE | 0.94 | 80% |
| MSCI Emg Mkts | 0.68 | 42% |
Liquidity Measures
| Avg. volume (000) | 6,195 |
| Turnover | 1.5% |
| Avg. Bid/Ask (% of price) | 0.01% |
| ADV of underlying (mns) | $255,457 |
Technical Indicators
| Recent close | $176.66 |
| 30d moving avg. | $184.54 |
| Annualized volatility | 18.3% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 4.5% |
| Short interest (underlying) | 2.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RSP |
Expenses vs. RSP |
ALTAR Score™ vs. RSP |
|---|---|---|---|---|
| GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 80.6% | -11 bp | -0.3% |
| EUSA | iShares MSCI USA Equal Weighted ETF | 79.4% | -11 bp | -0.4% |
| SIZE | iShares MSCI USA Size Factor ETF | 78.8% | -5 bp | -0.5% |
| CFA | VictoryShares US 500 Volatility Wtd ETF | 71.6% | +15 bp | -0.4% |
| CFO | VictoryShares US 500 Enhanced Volatility Wtd ETF | 71.6% | +20 bp | -0.5% |
| SSPY | Syntax Stratified LargeCap ETF | 70.5% | +10 bp | +0.2% |
| JHML | John Hancock Multifactor Large Cap ETF | 60.4% | +9 bp | -0.9% |
| FEX | First Trust Large Cap Core AlphaDEX Fund | 56.1% | +39 bp | -0.4% |
| IMCB | iShares Morningstar Mid-Cap ETF | 53.5% | -16 bp | -0.3% |
| XMAG | Defiance Large Cap ex-Mag 7 ETF | 53.1% | +15 bp | -1.0% |
Risk and Returns: RSP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
RSP
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
RSP
6.3%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. RSP's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places RSP in the 60th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RSPSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| RSP (20 bp) Percentile rank | 21 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RSP | 20.0 | 0.7 | 20.7 |
| Peer Avg. | 30.3 | 14.0 | 44.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .