EW HealthcareLook how RYH (EW Healthcare) performed relative to XLV (CW Healthcare) after the market bottomed in 2009? Interesting, since inception the EW ETF is crushing its Cap weighted cohort
Key stats
About Invesco S&P 500 Equal Weight Health Care ETF
Expense ratio
0.40%
Home page
Inception date
Nov 1, 2006
RSPH holds a portfolio of health care companies from the S&P 500. Instead of weighting its holdings by market cap, RSPH uses an equal-weighting scheme. The result is a portfolio that does not deviate much from the broad US health care market but is still far less concentrated than the industry with a skew toward midcaps. This causes profound industry tilts, though it doesn't necessarily add more risk. With less concentration in pharma, RSPH provides more balanced exposure to other industries within the health care sector such as equipment & supplies, healthcare providers, and drug retailers. The index is rebalanced on a quarterly basis. Prior to June 07, 2023, the fund traded under the ticker, RYH.
Classification
What's in the fund
Exposure type
Health Technology
Health Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.