ETFs › RYE

Invesco S&P 500 Equal Weight Energy ETF (RYE)

energy equal-weight sector-fund

This ETF applies an equal-weight strategy to the energy sector of the S&P 500. It offers a way to invest in energy companies while reducing concentration in the largest oil and gas giants. The equal-weight approach can potentially lead to higher exposure to mid-sized energy firms and different performance characteristics compared to market-cap weighted energy sector funds.

Key Info

AUM $550M
Expense Ratio 0.40%
Inception Date November 1, 2006
Distribution Frequency Quarterly
Weighting Method Equal Weight
Number of Holdings 24
Tracking Index S&P 500 Equal Weight Energy Index

See Also

XLE VDE IYE

Last updated: September 6, 2024