ETFs › RYF

Invesco S&P 500 Equal Weight Financials ETF (RYF)

financials equal-weight sector-fund

This ETF focuses on financial companies within the S&P 500, using an equal-weight methodology. It provides balanced exposure to the financial sector, potentially reducing concentration in the largest banks and diversifying across various financial sub-industries. This approach can offer different risk-return characteristics compared to market-cap weighted financial sector funds.

Key Info

AUM $490M
Expense Ratio 0.40%
Inception Date November 1, 2006
Distribution Frequency Quarterly
Weighting Method Equal Weight
Number of Holdings 68
Tracking Index S&P 500 Equal Weight Financials Index

See Also

XLF VFH KBWB

Last updated: September 6, 2024