Making its debut on 04/24/2003, smart beta exchange traded fund Invesco S&P 500 Equal Weight ETF (RSP) provides investors broad exposure to the Style Box - Large Cap Blend category of the market.
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Invesco S&P 500 Equal Weight ETF (RSP) is a passively managed exchange traded fund launched on 04/24/2003.
Fast facts on the Invesco S&P 500 Equal Weight ETF. The article provides a detailed analysis of S&P 500 sector metrics, including fundamental ratios and momentum metrics, useful for stock-picking and understanding sector performance. Current data shows the energy sector has the best value and quality scores, while technology and industrials are significantly overvalued relative to their historical baseline.
RSP, an equal-weighted S&P 500 ETF, is up 12.7% in 2024, lagging the SPX's 26.5% due to its diversified allocation. RSP's methodology reduces momentum bias, offering lower volatility and better valuation with a 17.5x forward P/E compared to SPX's 20x. RSP historically underperforms during market run-ups but outperforms in downturns, making it a conservative choice in the current narrow breadth market.
Analysts at Goldman Sachs recently published a gloomy 10-year outlook for the S&P 500 (^GSPC 0.25%). According to their forecast, the index will return just 3% annually through 2034, which is far below its annualized returns of 13% over the last 10 years.
Invesco's equal-weight S&P 500 ETF has garnered significant interest this year. The Invesco S&P 500 Equal Weight ETF (RSP) is on track to exceed its previous annual flows record set in 2023.
Investing in an exchange-traded fund (ETF) can be an excellent way to diversify your portfolio -- but not always. If you look at many top-performing ETFs right now, you'll see a common theme: Apple, Microsoft, and Nvidia are often the top holdings.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
The Invesco S&P 500 Equal Weight ETF (RSP) made its debut on 04/24/2003, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Blend category of the market.
Launched on 04/24/2003, the Invesco S&P 500 Equal Weight ETF (RSP) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Despite value's recent underperformance, ETFs providing a value tilt are seeing interest from investors. Concentration risk has driven the turnaround in appetite for value with more than half (52%) of investors increasing their allocations to value in the past 12 months, according to Invesco.
This might be a good time to consider the types of stocks most investors haven't been focused on in a while.