Invesco S&P 500 Revenue ETF (RWL)
| Assets | $5.87B |
| Expense Ratio | 0.39% |
| PE Ratio | 18.14 |
| Shares Out | 55.78M |
| Dividend (ttm) | $1.47 |
| Dividend Yield | 1.41% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 25.50% |
| Volume | 133,532 |
| Open | 104.88 |
| Previous Close | 105.39 |
| Day's Range | 104.50 - 104.99 |
| 52-Week Low | 86.97 |
| 52-Week High | 105.71 |
| Beta | 0.92 |
| Holdings | 505 |
| Inception Date | Feb 22, 2008 |
About RWL
Fund Home PageThe 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.
Top 10 Holdings
23.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Walmart Inc. | WMT | 3.67% |
| Amazon.com, Inc. | AMZN | 3.66% |
| Apple Inc. | AAPL | 2.31% |
| UnitedHealth Group Incorporated | UNH | 2.14% |
| CVS Health Corporation | CVS | 2.04% |
| Berkshire Hathaway Inc. | BRK.B | 1.97% |
| McKesson Corporation | MCK | 1.93% |
| Exxon Mobil Corporation | XOM | 1.93% |
| Cencora, Inc. | COR | 1.74% |
| JPMorgan Chase & Co. | JPM | 1.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.36386 | Jun 27, 2025 |
| Mar 24, 2025 | $0.39037 | Mar 28, 2025 |
| Dec 23, 2024 | $0.36002 | Dec 27, 2024 |
| Sep 23, 2024 | $0.35953 | Sep 27, 2024 |
| Jun 24, 2024 | $0.33175 | Jun 28, 2024 |
| Mar 18, 2024 | $0.34938 | Mar 22, 2024 |
Performance
RWL had a total return of 13.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.49%.
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...
ETF Prime: Murphy Analyzes S&P 500 ETF Offerings
On this week's episode of ETF Prime, host Nate Geraci and VettaFi Investment Strategist Cinthia Murphy analyzed the various S&P 500 ETF offerings. Later, Geraci welcomed SS&C ALPS Advisors' Chief ETF ...
5 Unique Passive ETF Ways of Owning the S&P 500
Markets have been turbulent and uncertainty have been high. But one of the biggest stories in the ETF market this year has been the nonstop impressive asset-gathering pace of the Vanguard S&P 500 ETF ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
'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."