Invesco S&P 500 Revenue ETF (RWL)

NYSEARCA: RWL · Real-Time Price · USD
102.17
-1.60 (-1.54%)
Aug 1, 2025, 4:00 PM - Market closed
-1.54%
Assets$5.93B
Expense Ratio0.39%
PE Ratio18.12
Shares Out56.10M
Dividend (ttm)$1.47
Dividend Yield1.44%
Ex-Dividend DateJun 23, 2025
Payout FrequencyQuarterly
Payout Ratio25.74%
Volume133,659
Open102.94
Previous Close103.77
Day's Range101.80 - 102.94
52-Week Low86.97
52-Week High105.84
Beta0.92
Holdings503
Inception DateFeb 22, 2008

About RWL

Fund Home Page

The Invesco S&P 500 Revenue ETF (RWL) is an exchange-traded fund that is based on the S&P 500 Revenue-Weighted index. The fund tracks a revenue-weighted index of S&P 500 stocks. RWL was launched on Feb 22, 2008 and is issued by Invesco.

Asset Class Equity
Category Large Value
Region North America
Stock Exchange NYSEARCA
Ticker Symbol RWL
ETF Provider Invesco
Index Tracked S&P 500 Revenue-Weighted Index

Top 10 Holdings

23.09% of assets
NameSymbolWeight
Amazon.com, Inc.AMZN3.83%
Walmart Inc.WMT3.81%
Apple Inc.AAPL2.30%
Berkshire Hathaway Inc.BRK.B1.97%
CVS Health CorporationCVS1.96%
McKesson CorporationMCK1.95%
UnitedHealth Group IncorporatedUNH1.92%
Exxon Mobil CorporationXOM1.90%
JPMorgan Chase & Co.JPM1.74%
Cencora, Inc.COR1.72%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jun 23, 2025$0.36386Jun 27, 2025
Mar 24, 2025$0.39037Mar 28, 2025
Dec 23, 2024$0.36002Dec 27, 2024
Sep 23, 2024$0.35953Sep 27, 2024
Jun 24, 2024$0.33175Jun 28, 2024
Mar 18, 2024$0.34938Mar 22, 2024
Full Dividend History

Performance

RWL had a total return of 8.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.29%.

News

RWL: A Revenue Bias As A Defensive Approach

RWL offers exposure to Russell 1000 stocks, uniquely weighted by total revenue rather than market capitalization. The ETF is managed by Invesco Capital Management and has been available since February...

25 days ago - Seeking Alpha

RWL: A Revenue-Weighted Fund With Attractive Valuations And A Strong Track Record

The Invesco S&P 500 Revenue ETF uses a revenue-weighted strategy, emphasizing high-revenue companies and offering a defensive tilt with a valuation advantage. RWL's sector allocation is skewed towards...

4 months ago - Seeking Alpha

RWL: Layering A Fundamental Factor On The S&P 500 Works

RWL re-shuffles S&P 500 components based on revenue, capping each company at 5%, offering a more balanced and defensive portfolio. RWL shows similar long-term performance to SPX but performs better in...

9 months ago - Seeking Alpha

The S&P 500 is too tech-heavy. This alternative ETF keeps beating it.

The various stock indexing and weighting schemes will shine at different times, but some approaches are designed to be immune from market cycles.

10 months ago - Market Watch

4 great SWAN ETFs: RWL, SCHD, DGRO, COWZ

Investing in quality exchange-traded funds can be a good way to grow your wealth conservatively and sleep well at night (SWAN). The best approach, based on our many years of experience, has been to in...

Other symbols: COWZDGROSCHD
11 months ago - Invezz

RWL: Good Value Alternative To SPY

The Invesco S&P 500 Revenue ETF weights companies by revenue earned, instead of the customary market-cap-weighted indices. RWL's revenue-weighting tends to have a 'value' bias and may outperform durin...

1 year ago - Seeking Alpha

RWL: Not A Good Investment Choice Based On Its Methodology

Invesco S&P 500 Revenue ETF (RWL) constructs its portfolio by weighting stocks based on revenues. RWL has less volatility than the S&P 500 index due to its higher exposure to defensive sectors. RWL's ...

1 year ago - Seeking Alpha

RWL: A Better Alternative To Market-Cap Weighted S&P 500 Exposure

Invesco S&P 500 Revenue ETF offers exposure to large caps while reducing mega-cap tech risk through a revenue-oriented focus. The RWL ETF's unique revenue-weighted approach re-weights components of th...

1 year ago - Seeking Alpha

Too much ‘Magnificent Seven'? A revenue-weighted index fund may be the solution

Maybe you thought the stock market had moved on from what could be called the Year of the “Magnificent Seven” in 2023, when that group of companies dominated the performance of the S&P 500. But the se...

Other symbols: RSP
1 year ago - Market Watch

RWL: Better Stick To Alternatives

RWL is an ETF that tracks an index which selects S&P 500 stocks based on a revenue-weighting criterion. Though the fund has been efficiently tracking that index, its returns and risk profile do not pr...

2 years ago - Seeking Alpha

RWL's Proclivity For Value Stocks Is A Double-Edged Sword

RWL features a revenue-centered strategy capable of making the S&P 500's perennial valuation issue less acute. It overweights old-economy stocks like consumer staples and energy, with exposure to tech...

2 years ago - Seeking Alpha

'Smart Beta' Means Many Things To Many People, But It's Time Now To Revive The Classic Definition

Instead of owning "the market," which can be bashed by investors' whims just as easily as it has lately been boosted, let's instead own "shareholder wealth."

Other symbols: DLNEPSIUSRSPSPY
5 years ago - Seeking Alpha