Invesco ESG S&P 500 Equal Weight ETF (RSPE)
| Assets | $11.78M |
| Expense Ratio | 0.20% |
| PE Ratio | 15.00 |
| Shares Out | 550,000 |
| Dividend (ttm) | $0.41 |
| Dividend Yield | 1.88% |
| Ex-Dividend Date | Mar 20, 2023 |
| Payout Ratio | 28.25% |
| 1-Year Return | -10.02% |
| Volume | 1,013 |
| Open | 21.65 |
| Previous Close | 21.41 |
| Day's Range | 21.62 - 21.65 |
| 52-Week Low | 19.36 |
| 52-Week High | 24.68 |
| Beta | 0.96 |
| Holdings | 184 |
| Inception Date | Nov 17, 2021 |
About RSPE
The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.
Top 10 Holdings
6.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 0.66% |
| Advanced Micro Devices, Inc. | AMD | 0.66% |
| Intel Corporation | INTC | 0.65% |
| Arista Networks, Inc. | ANET | 0.64% |
| Moderna, Inc. | MRNA | 0.63% |
| Microsoft Corporation | MSFT | 0.62% |
| NVIDIA Corporation | NVDA | 0.62% |
| Consolidated Edison, Inc. | ED | 0.61% |
| Illumina, Inc. | ILMN | 0.61% |
| Edwards Lifesciences Corporation | EW | 0.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2023 | $0.110 | Mar 24, 2023 |
| Dec 19, 2022 | $0.11047 | Dec 23, 2022 |
| Sep 19, 2022 | $0.08737 | Sep 23, 2022 |
| Jun 21, 2022 | $0.09948 | Jun 30, 2022 |
| Mar 21, 2022 | $0.10067 | Mar 31, 2022 |
| Dec 20, 2021 | $0.07208 | Dec 31, 2021 |
News
How Does RSPE Compare to RSP?
Investors may wonder about the overlap between two funds with the same methodology, where one of the funds incorporates ESG screening. As investors consider allocating to equal-weight strategies, the ...
GICS Changes Could Highlight Equal Weight Opportunity
Following the close of U.S. markets Thursday, March 17, index giants S&P and MSCI commence the latest alterations to the global industry classification standard (GICS), meaning a slew of companies are...
Now Is the Time to Add to Positions in RSP
Stocks fell sharply on Friday, closing out a tough week for markets. The S&P 500 shed nearly 5% this week while the Invesco S&P 500® Equal Weight ETF (RSP), which tracks the S&P 500 Equal Weight Index...
Equal Weight's TTM Relative Outperformance to S&P 500 at 5%
Despite lagging its cap-weighted parent S&P 500 in February, equal weight's trailing 12-month relative outperformance is 5%. Both equal weight and the S&P 500 slipped in February, declining 3.3% and 2...
Equal Weight Lagged S&P 500 in February, Maintains YTD Lead
Equal weight lagged its cap-weighted parent S&P 500 in February for the first time since September. Both the S&P 500 Equal Weight Index and the S&P 500 slipped in February, declining 3.3% and 2.4%, re...
Equal Weight ETF RSP Approaches $2 Billion in Flows YTD
The Invesco S&P 500® Equal Weight ETF (RSP) is maintaining its role as a favored core equity holding in 2022, hauling in nearing $2 billion in net flows year to date. RSP has seen $1.8 billion in net ...
2 ETFs to Take Advantage of Sustainability Trends in Construction
The world of construction is experiencing its own renaissance of sorts — along with increased technology to make current operations more efficient, there's also an environmental, social, and governanc...
Equal Weight Beats Parent S&P 500 in January
Equal weight started the year on a high note, outperforming its cap-weight parent S&P 500 for another consecutive month. The S&P 500 Equal Weight Index gained 7.4% in January, outperforming the S&P 50...
Equal-Weight Could Be Ideal ESG Avenue
An easy forecast to make for 2023 and one that doesn't involve predicting market performance involves ongoing evolution for environmental, social, and governance (ESG) strategies.
Equal Weight Outperformance Continues into Final Week of January
Equal weight outperformance has continued into the final week of January, as the index maintains its lead over the parent S&P 500 year to date.
Equal Weight RSP Leads S&P 500 in First Weeks of 2023
After outperforming in 2022, equal weight is off to a strong start this year. The Invesco S&P 500 Equal Weight ETF (RSP) handily outperformed the S&P 500 last year, with that momentum continuing into ...
How Does Equal Weight RSPE Stack Up to RSP?
As investors allocate to equal-weight strategies, the Invesco ESG S&P 500 Equal Weight ETF (RSPE) is lesser-known, has a compelling strategy, and incorporates ESG criteria. There are many reasons why ...
Under the Hood of Equal Weight's December Outperformance
The S&P 500 Equal Weight Index outperformed its cap-weighted parent in the last month of 2022. The S&P 500 EWI declined -4.7% in December, outperforming the S&P 500 on a relative basis, which declined...
Equal-Weight RSP Outperforms S&P 500 by 650 Basis Points in 2022
Equal weight outperformed the cap-weighted S&P 500 by 650 basis points in 2022. The Invesco S&P 500 Equal Weight ETF (RSP) tracks the S&P 500 Equal Weight Index, which includes all constituents in the...
RSP's Use Case as a Core Equity Holding
After equal weight's significant outperformance this year, many advisors are looking to the Invesco S&P 500 Equal Weight ETF (RSP) as the core equity holding in client portfolios. RSP is a compelling...
Under the Hood of Equal Weight's Outperformance Last Month
The S&P 500 Equal Weight Index outperformed again in November, as the gap between equal weight and the S&P 500 last month was in the top quintile of historical experience, according to S&P Dow Jones I...
RSP Saw $1.4 Billion in November Flows as Methodology Outperforms
The Invesco S&P 500® Equal Weight ETF (RSP) saw substantial November flows as investors look to capitalize on equal weight's significant outperformance over the S&P 500 this year. RSP's underlying ind...
Gap Between Equal Weight and S&P 500 Near Historical High Last Month
Equal weight's significant outperformance over its cap-weight parent, the S&P 500 Index, suggests strong payoffs to value and small size factor tilts in the current environment. The S&P 500 advanced 5...
Equal Weight Maintains Significant Lead Over S&P 500
The S&P 500 Equal Weight Index has maintained a significant lead over the cap weighted S&P 500 all year. Year-to-date through November 29, the S&P 500 has declined by 17.04% while the Invesco S&P 500...
Why Investors Are Using RSP as a Core Equity Holding
Many advisors are looking to the benefits of an equal weight strategy and using the Invesco S&P 500 Equal Weight ETF (RSP) as the core equity holding in portfolios. RSP is an ideal fit for investors ...
Other Firms Take Damage Amid Twitter Chaos
It seems like Elon Musk strolled into the headquarters of Twitter holding a sink ages ago. In reality, it's been just about two weeks.
Equal Weight Outperforms S&P 500 by 2% in October
The S&P 500 Equal Weight Index outperformed the S&P 500 in October, building on equal weight's trailing 12-month relative outperformance. The S&P 500 EWI increased 9.80% in October, outperforming the ...
Equal Weight Outperforms the S&P 500 by 400 Basis Points YTD
The S&P 500 Equal Weight Index is looking particularly good right now against the backdrop of the S&P 500 Index.
The Advisors' Guide to the Benefits of Equal Weight Funds
Using a core equity ETF that utilizes an equal weighting methodology introduces numerous benefits to a portfolio. The diversification benefits are a primary reason why investors favor equal-weighting...
S&P 500 Equal Weight Slightly Outperforms in Q3
U.S. equities declined in the third quarter as the Federal Reserve continued aggressive interest rate hikes, aiming to combat inflation that has remained near multi-decade highs, further complicated b...