Invesco ESG S&P 500 Equal Weight ETF (RSPE)
| Assets | $5.37M |
| NAV | $21.46 |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 250,000 |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.80% |
| Ex-Dividend Date | Mar 21, 2022 |
| 1-Year Return | -13.01% |
| Volume | 237 |
| Open | 21.67 |
| Previous Close | 21.41 |
| Day's Range | 21.67 - 21.67 |
| 52-Week Low | 21.06 |
| 52-Week High | 25.48 |
| Beta | -0.93 |
| Holdings | 188 |
| Inception Date | Nov 17, 2021 |
About RSPE
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the equal weighted performance of securities included in the S&P 500 Equal Weight Index (the "Parent Index") that also meet the index provider's environmental, social and governance ("ESG") criteria, while maintaining similar overall industry group weights as the parent index. The parent index consists of all of the components of the S&P 500 Index. The fund is non-diversified.
Top 10 Holdings
6.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Albemarle | ALB | 0.67% |
| Merck & Co. | MRK | 0.66% |
| Electronic Arts | EA | 0.65% |
| AT&T, Inc. | T | 0.64% |
| Waters | WAT | 0.63% |
| Quest Diagnostics | DGX | 0.62% |
| Dow Inc. | DOW | 0.62% |
| Gilead Sciences | GILD | 0.62% |
| Hologic | HOLX | 0.61% |
| Advanced Micro Devices | AMD | 0.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 21, 2022 | $0.10067 | Mar 31, 2022 |
| Dec 20, 2021 | $0.07208 | Dec 31, 2021 |
News
The Case for RSP for Core Equity Exposure
The S&P 500 EWI is designed to be a size-neutral version of the S&P 500. It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 EWI is allocated the same weight a...
RSPE: Right Idea for ESG Ratings Clarity
As advisors increasingly direct client dollars to environmental, social, and governance (ESG) exchange traded funds, the need for clarity and transparency is rising, too. That's the result of a more sav...
Invest in these ESG Funds as the Race to Curb Global Warming Heats Up
As the goal of keeping the global temperature below 1.5°C becomes increasingly out of reach, members of the Paris Agreement are establishing a commission to address the dire effects of the global temper...
S&P 500 Equal Weight Outperformance Continues in April
Equal-weight indexes have often outperformed their market cap-weighted counterparts, as demonstrated again by the S&P 500 Equal Weight Index during the month of April. The S&P 500 EWI outperformed the S...
S&P 500 Equal Weight Outperforms on Q1 Earnings Reports
Markets in recent weeks have largely been moving in reaction to first quarter earnings reports. U.S. stocks yesterday slumped to the lowest in six weeks on doubts that corporate profits can withstand ri...
Some ESG Stocks Are Offering Discounts
Owing to the fact that many stocks with favorable environmental, social, and governance (ESG) traits are also growth equities, many ESG names and the related funds are struggling this year. Blame that o...
When Diversification Matters, Turn to Equal Weighting
The S&P 500 EWI is designed to be a size-neutral version of the S&P 500. It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 EWI is allocated the same weight a...
Equal Weighting Outperforms During Peaks in S&P 500 Concentration
After peaks in S&P 500 concentration, the S&P 500 Equal Weight Index has tended to outperform. Using the historical adjusted HHI (Herfindahl-Hirschman Index), a statistical measure of concentration has ...
S&P 500 Earnings Growth Could Power This ETF
Despite an array of headwinds, expectations are in place for another quarter of double-digit earnings growth for the S&P 500. Of course, that stands to benefit a slew of exchange traded funds, including...
Equal Weighting Outperforms in Q1
Equal-weight indices have often outperformed their market cap-weighted counterparts, as demonstrated again by the S&P 500 Equal Weight Index during the first quarter of 2022. The S&P 500 Equal Weight In...
RSP Takes in Nearly $1 Billion in March
March was a promising month for investors who held onto their equities despite substantial market declines earlier in the year. The Invesco S&P 500 Equal Weight ETF (RSP) saw $956 million in net inflows...
What Equity Investors Can Learn From the Bond Market
The spread between the 10-year U.S. Treasury rate and the two-year U.S. Treasury rate is 22 basis points, with the forward curve suggesting that the 2s/10s spread may be inverted within a matter of week...
As U.S. Major Indexes All Enter ‘Death Cross', Is It Time To Add Exposure?
The S&P 500 Index made headlines earlier this week for entering a “death cross” technical pattern, and while the S&P 500 Equal Weight Index has yet to make the cross, cushioned by its increased exposure...
Keeping It Simple With ESG
There's no denying that advisors and investors are flocking to environmental, social, and governance (ESG) strategies, including exchange traded funds. However, the more complex these products are, the ...
S&P 500 Returns Top 50% Since Global Pandemic Declared Two Years Ago
Today, March 11, marks the two-year anniversary of the declared state of emergency for the COVID-19 pandemic, a seismic event that has had global effects, impacting every aspect of peoples' lives. The l...
Rosy Prospects for This ESG ETF
Among environmental, social, and governance (ESG) exchange traded funds, the Invesco ESG S&P Equal Weight Fund (RSPE) is one of the new kids on the block, but rookie status shouldn't be a deterrent when...
Long-Term Investors Should Stick to Stocks
Investors are understandably unsure about what, if anything, they should be doing with their portfolios to navigate the current economic landscape; however, pulling out of stocks might not be the right ...
When Performance Matters, Turn to Equal Weighting
Equal-weight indices have demonstrated long-term outperformance in a number of global markets, as demonstrated again by the S&P 500 Equal Weight Index in February. The S&P 500 Equal Weight Index outperf...
Expect Equal Weighting to Continue to Outperform Market Weighting
While the S&P 500 started the month on the front foot, up 1.6% at one point, risk appetite dramatically waned following Russia's invasion of Ukraine and the subsequent sanctions by NATO allies, leading ...
As Rates Set to Increase, U.S. Stocks Are Well Positioned
Federal Reverse chair Jerome Powell said on Wednesday that he is inclined to support a 25 basis point rate increase at the March 15-16 policy meeting. If inflation does not come down later this year as ...
ESG ETF Enthusiasm Extends Into Early 2022
Following a remarkable pace of inflows in 2021, it could be difficult for environmental, social, and governance (ESG) exchange traded funds to replicate record asset-gathering in 2022, but that doesn't ...
Bright Forecast for a Rookie ESG ETF
One issue facing all new exchange traded funds is timing. In other words, a key issue is whether the new ETF in question is presenting investors with an investment objective that's relevant not only at ...
Market Falls on Russia's Attack on Ukraine, Investor Opportunities Grow
U.S. stocks fell on Thursday as investors woke to the news that Russia had invaded Ukraine, arousing concern while simultaneously creating an potential buying opportunity As of Thursday afternoon, the ...
ESG Broad-Based Indexes Poised to Outpace Non-ESG Peers
Investors looking to add exposure to broad-based indexes to a portfolio should consider the increasing number of ESG-conscious options. A common misconception is that there is a tradeoff between ESG im...
S&P 500 Just Entered Correction Territory, Creating Buying Opportunities
The S&P 500 was pushed into correction territory on Tuesday, creating buying opportunities into high-value stocks. While the dip can be detrimental to short-term investors and traders, long-term investo...