Invesco S&P 500 Equal Weight ETF (RSP)

equal-weight sp-500

Provides equal-weight exposure to the S&P 500 index. It tracks the S&P 500 Equal Weight Index, offering a unique approach to large-cap U.S. equity investing. RSP has an expense ratio of 0.20%, which is moderate for its category. The fund distributes dividends quarterly. Its key differentiating quality is its equal-weight methodology, which allocates the same percentage to each constituent regardless of market capitalization. This approach reduces concentration risk and potentially increases exposure to smaller companies within the S&P 500. RSP holds all 500 stocks in the S&P 500, each at approximately 0.2% of the portfolio. This equal-weight strategy can lead to different performance characteristics compared to traditional market-cap weighted S&P 500 funds, potentially offering higher returns with increased volatility.