ETFs › RYH

Invesco S&P 500 Equal Weight Health Care ETF (RYH)

healthcare equal-weight sector-fund

This ETF applies an equal-weight strategy to healthcare companies in the S&P 500. It offers exposure to the healthcare sector while potentially reducing concentration in the largest pharmaceutical and healthcare companies. The equal-weight approach can lead to higher allocations in mid-sized healthcare firms and biotechnology companies, potentially offering different performance characteristics compared to market-cap weighted alternatives.

Key Info

AUM $925M
Expense Ratio 0.40%
Inception Date November 1, 2006
Distribution Frequency Quarterly
Weighting Method Equal Weight
Number of Holdings 66
Tracking Index S&P 500 Equal Weight Health Care Index

See Also

XLV VHT IYH

Last updated: September 6, 2024