Key stats
About Invesco S&P 500 Equal Weight Financial ETF
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Inception date
Nov 1, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
RSPF offers an equal-weight play on the US financials sector. In contrast to market-cap-weighting, the funds equal-weighting scheme increases the impact of smaller firms in the portfolio at the expense of larger ones, and greatly reduces concentration to top holdings. For RSPF, this smaller-cap tilt is lessened by the fund's S&P 500-restricted universe, which excludes most small-caps. Still, its equal-weighting limits the importance of dominant players in the sector and creates more exposure to less known companies. This can become an advantage when markets are hostile toward big banks. The index is rebalanced on a quarterly basis. Prior to June 07, 2023, the fund traded under the ticker, RYF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.96%
Finance87.75%
Commercial Services6.40%
Technology Services5.82%
Bonds, Cash & Other0.04%
Mutual fund0.04%
Stock breakdown by region
North America95.83%
Europe4.17%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history