Product Detail Invesco S&P 500® Equal Weight Real Estate ETF (2024)

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Ticker: RSPR

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Product Details

The Invesco S&P 500^® Equal Weight Real Estate ETF (Fund) is based on the S&P 500^® Equal Weight Real Estate Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights stocks in the real estate sector of the S&P 500^® Index. The Fund and the Index are rebalanced quarterly.

Effective on Tuesday June 6, 2023 the Fund’s ticker changed from EWRE to RSPR. No other changes were made to the Fund. See the prospectus for more information.

as of 02/29/2024 12/31/2023

Performance

Index History (%)	YTD	1Yr	3Yr	5Yr	10Yr	Since Inception
S&P 500 Equal Weight Real Estate Index	-3.47	3.91	4.57	5.84	N/A	6.34
S&P 500 Index	7.11	30.45	11.91	14.76	12.70	13.10
S&P 500 Real Estate Index	-2.28	6.19	5.12	5.96	N/A	N/A

Fund History (%)
Fund NAV	-3.55	3.52	4.18	5.48	N/A	5.98
After Tax Held	-3.55	2.23	2.93	4.09	N/A	4.71
After Tax Sold	-2.10	2.06	2.69	3.63	N/A	4.12
Fund Market Price	-3.61	3.68	4.05	5.45	N/A	6.03

Index History (%)	YTD	1Yr	3Yr	5Yr	10Yr	Since Inception
S&P 500 Equal Weight Real Estate Index	11.89	11.89	8.07	9.11	N/A	6.92
S&P 500 Index	26.29	26.29	10.00	15.69	12.03	12.45
S&P 500 Real Estate Index	12.36	12.36	6.66	8.90	N/A	N/A

Fund History (%)
Fund NAV	11.48	11.48	7.67	8.74	N/A	6.56
After Tax Held	10.09	10.09	6.38	7.31	N/A	5.25
After Tax Sold	6.75	6.75	5.38	6.21	N/A	4.57
Fund Market Price	11.61	11.61	7.72	8.80	N/A	6.62

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

As the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.

as of 12/31/2023

Growth of $10,000

Data beginning Fund inception and ending 12/31/2023. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 03/14/2024

Market Cap & Style Allocations

Large-Cap Value	-
Large-Cap Blend	9.77%
Large-Cap Growth	3.40%
Mid-Cap Value	15.68%
Mid-Cap Blend	52.82%
Mid-Cap Growth	12.34%
Small-Cap Value	2.84%
Small-Cap Blend	3.15%
Small-Cap Growth	-

as of 03/18/2024Top Holdings | View All

Fund Holdings subject to change

Ticker	Company	% of Fund
CSGP	CoStar Group Inc	3.70
SPG	Simon Property Group Inc	3.33
WELL	Welltower Inc	3.32
VICI	VICI Properties Inc	3.29
HST	Host Hotels & Resorts Inc	3.28
O	Realty Income Corp	3.27
CBRE	CBRE Group Inc	3.27
INVH	Invitation Homes Inc	3.27
EQR	Equity Residential	3.26
BXP	Boston Properties Inc	3.25

The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date	Record Date	Pay Date	$/ Share	Ordinary Income	Short Term Gains	Long Term Gains	Return of Capital	Liquidation Distribution
03/18/2024	03/19/2024	03/22/2024	0.27857	0.27857	-	-	-	-
12/18/2023	12/19/2023	12/22/2023	0.24093	0.24093	-	-	-	-
09/18/2023	09/19/2023	09/22/2023	0.24590	0.24590	-	-	-	-
06/20/2023	06/21/2023	06/23/2023	0.37671	0.37671	-	-	-	-
03/20/2023	03/21/2023	03/24/2023	0.10488	0.10488	-	-	-	-
12/19/2022	12/20/2022	12/23/2022	0.10334	0.10334	-	-	-	-
09/19/2022	09/20/2022	09/23/2022	0.30869	0.30869	-	-	-	-
06/21/2022	06/22/2022	06/30/2022	0.22834	0.22834	-	-	-	-
03/21/2022	03/22/2022	03/31/2022	0.32579	0.32579	-	-	-	-
12/20/2021	12/21/2021	12/31/2021	0.17116	0.17116	-	-	-	-
09/20/2021	09/21/2021	09/30/2021	0.22065	0.22065	-	-	-	-
06/21/2021	06/22/2021	06/30/2021	0.19626	0.19626	-	-	-	-
03/22/2021	03/23/2021	03/31/2021	0.49345	0.49345	-	-	-	-
12/21/2020	12/22/2020	12/31/2020	0.25169	0.25169	-	-	-	-
09/21/2020	09/22/2020	09/30/2020	0.20421	0.20421	-	-	-	-
06/22/2020	06/23/2020	06/30/2020	0.20568	0.20568	-	-	-	-
03/23/2020	03/24/2020	03/31/2020	0.44976	0.44976	-	-	-	-
12/23/2019	12/24/2019	12/31/2019	0.24291	0.11200	0.00182	0.12909	-	-
09/23/2019	09/24/2019	09/30/2019	0.22404	0.22404	-	-	-	-
06/24/2019	06/25/2019	06/28/2019	0.24208	0.24208	-	-	-	-
03/18/2019	03/19/2019	03/29/2019	0.22358	0.22358	-	-	-	-
12/26/2018	12/27/2018	12/31/2018	-	-	0.00052	0.05723	-	-
12/24/2018	12/26/2018	12/31/2018	0.16644	0.16644	-	-	-	-
09/24/2018	09/25/2018	09/28/2018	0.26730	0.26730	-	-	-	-
06/15/2018	06/18/2018	06/29/2018	0.19449	0.19449	-	-	-	-
03/16/2018	03/16/2018	03/29/2018	0.09530	0.09530	-	-	-	-
12/15/2017	12/18/2017	12/29/2017	0.46890	0.25360	-	0.21530	-	-
09/15/2017	09/15/2017	09/29/2017	0.15930	0.15930	-	-	-	-
06/16/2017	06/16/2017	06/30/2017	0.20800	0.20800	-	-	-	-
12/16/2016	12/16/2016	12/30/2016	0.28700	0.28700	-	-	-	-
06/17/2016	06/21/2016	06/30/2016	0.05277	0.05277	-	-	-	-
03/18/2016	03/22/2016	03/31/2016	0.20189	0.20189	-	-	-	-
12/18/2015	12/22/2015	12/31/2015	0.18541	0.18541	-	-	-	-
09/18/2015	09/22/2015	09/30/2015	0.08313	0.08313	-	-	-	-

Distribution Information

During the period October 27, 2015, through December 7, 2015, the Invesco Floating Rate Fund declared daily distributions in excess of daily net investment income, which was reflected in Distribution yield test.

Frequency Distribution of Discounts & Premiums

Bid/Ask MidPoint Above NAV
Bid/Ask Midpoint Below NAV

		Bid/Ask MidPoint Above NAV
Quarter Ending	Days	0.00- 0.25%	0.26- 0.50%	0.51- 0.99%	1.00- 1.49%	1.50- 1.99%	≥2.00%
12/31/2023	63	47	0	0	0	0	0
09/30/2023	63	49	0	0	0	0	0
06/30/2023	62	50	0	0	0	0	0
03/31/2023	62	48	0	0	0	0	0
Year Ended 2023	250	194	0	0	0	0	0

		Bid/Ask Midpoint Below NAV
Quarter Ending	Days	0.00- 0.25%	0.26- 0.50%	0.51- 0.99%	1.00- 1.49%	1.50- 1.99%	≥2.00%
12/31/2023	63	16	0	0	0	0	0
09/30/2023	63	14	0	0	0	0	0
06/30/2023	62	12	0	0	0	0	0
03/31/2023	62	14	0	0	0	0	0
Year Ended 2023	250	56	0	0	0	0	0

Fund Inception : 08/13/2015

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

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Fund Documents

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular sector, such as real estate, are subject to greater risk. and are more greatly impacted by market volatility, than more diversified investments.

REITs are pooled investment vehicles that trade like stocks and invest substantially all of their assets in real estate and may qualify for special tax considerations. REITs are subject to risks inherent in the direct ownership of real estate. A company’s failure to qualify as a REIT under federal tax law may have adverse consequences to the REIT’s shareholders. REITs may have expenses, including advisory and administration, and REIT shareholders will incur a proportionate share of the underlying expenses.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Because the Fund may invest in other investment companies, including ETFs and closed-end funds, it’s subject to the risks associated with that investment company, including the potential for loss of value of the underlying securities held by the investment company or may become illiquid. The Fund will indirectly pay a proportional share of the fees and expenses of the investment companies in which it invests. ETF or closed-end fund shares may trade at a discount or premium relative to the NAV of its shares and the listing exchange may halt trading of the ETF’s or closed-end fund’s shares.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

"Standard & Poor’s," "S&P", and "S&P 500" are trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by Invesco Capital Management LLC and its affiliates. Invesco S&P 500^® Equal Weight Real Estate ETF is not sponsored, endorsed, sold, or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in Invesco S&P 500^® Equal Weight Real Estate ETF.

FAQs

Product Detail Invesco S&P 500® Equal Weight Real Estate ETF? ›

Fund description

Read On ›

Is the S&P 500 equal weight ETF better than the S&P 500? ›

The S&P 500, which is market-cap weighted, is about 26% more expensive than its average valuation of 16.2x back since 2009, while the S&P 500 equal weight is only 5% more expensive. From a valuation perspective, there may be more room to run for a broader set of stocks.

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What is the return on Invesco S&P 500 Equal Weight ETF? ›

Performance

Index History (%)	YTD	3Yr
Fund NAV	7.91	7.93
After Tax Held	7.71	7.45
After Tax Sold	4.68	6.02
Fund Market Price	7.87	7.84

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What is the largest equal weighted S&P 500 ETF? ›

The largest equal-weighted ETF is the Invesco S&P 500 Equal Weight ETF (RSP).

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What is the symbol for the Invesco S&P 500 Equal Weight Technology ETF? ›

RSPT | Invesco S&P 500 Equal Weight Technology ETF Overview | MarketWatch.

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Does equal weight S&P 500 outperform? ›

The S&P 500 Equal Weighted index was up 0.5% heading toward the closing bell, beating out a 0.1% gain for the widely-followed S&P 500 index, which is a capitalization-weighted gauge of U.S. large-cap stocks. The cap-weighted S&P 500 is heavily exposed to the technology sector.

Tell Me More ›

Does equal weight outperform? ›

Although capitalization-weighted index funds are the industry standard, there are several advantages to equal-weighted index funds that make them worth a close look for adding to your portfolio. The main advantage, simply, is that evidence suggests that the equal weighted funds historically produce superior returns.

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Are equal weight ETFs a good idea? ›

Reduced concentration risk: Unlike market-cap-weighted indexes, equal-weighted indexes are less susceptible to volatility from a few large companies. Potential for higher returns: Smaller companies, which might be unable to have an impact in market-cap-weighted index ETFs, could offer higher growth potential.

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Is the Invesco S&P 500 a good investment? ›

Morningstar Rating

As of 03/31/2024 the Fund had an overall rating of 4 stars out of 1,296 funds and was rated 3 stars out of 1,296 funds, 3 stars out of 1,183 funds and 4 stars out of 891 funds for the 3-, 5- and 10- year periods, respectively.

How often do equal weight ETFs rebalance? ›

RSP tracks the S&P 500 Equal Weight Index, which consists of the same companies within the market cap-weighted S&P 500 Index but equally weights them (each company has the same weight of 0.20%). The underlying index and fund rebalance quarterly and reconstitute yearly.

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What is the most popular S&P 500 ETF? ›

SPY, VOO and IVV are among the most popular S&P 500 ETFs. These three S&P 500 ETFs are quite similar, but may sometimes diverge in terms of costs or daily returns.

Read The Full Story ›

What ETF has outperformed the S&P 500? ›

One strategy, the T. Rowe Price Blue Chip Growth ETF (TCHP), has done just that. The active ETF has proved itself as one of the top active ETFs in 2024, outperforming the S&P 500 in 2023 and so far year-to-date (YTD). TCHP has returned 11.7% YTD per YCharts, compared to 7.4% for the S&P 500.

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What ETF doubles the S&P 500? ›

The Direxion Daily S&P 500^® Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500^® Index.

Get More Info Here ›

Why use equal weight ETF? ›

Equal-weight ETFs provide a compelling alternative to the traditional market-cap-weighted structure, as each component of the index receives an equal weighting in the portfolio. For investors wanting more diversified exposure to the components in an index, equal weighting can be a simple low-cost solution.

How does an equal weight ETF work? ›

Equal weight is a type of proportional measuring method that gives the same importance to each stock in a portfolio, index, or index fund. So stocks of the smallest companies are given equal statistical significance, or weight, to the largest companies when it comes to evaluating the overall group's performance.

Does Fidelity have an equal weight S&P 500 fund? ›

VADCX - Invesco Equally-Weighted S&P 500 Fund Class C | Fidelity Investments.

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Are equal-weight ETFs better? ›

Equal-weight ETFs are more diversified because investor assets are less concentrated in the stocks or bonds of larger companies. Bigger companies often outperform their smaller counterparts, but this is not always the case.

Are equal-weight ETFs a good idea? ›

Learn More ›

Is Equal-Weight index fund better? ›

Advantages of Equal-Weight Index Funds

Equal-weight index funds provide better diversity by ensuring each company, regardless of size, has an equal impact on the portfolio. This lessens the risk of concentration and can improve long-term performance.

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What is the difference between sp500 index and sp500 ETF? ›

How Does an S&P 500 ETF Differ from an S&P 500 Index Fund? Both an index ETF and an index mutual fund passively track the S&P 500 index in order to duplicate its return. ETFs trade like stocks on exchanges, while mutual funds can only be traded at the end of each trading day.

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