(RSP) SP500 Equal Weight - NYSE
ETF Category: Large Blend | Exchange: NYSE (USA) | Market Cap: 91.084m USD | Total Return: 20.4% in 12m
Avg Turnover: 2.08B
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Invesco S&P 500® Equal Weight ETF (RSP) tracks the S&P 500® Equal Weight Index by investing at least 90% of its assets in the constituent securities. Unlike the standard S&P 500, which uses market-capitalization weighting, this fund assigns an equal percentage to every company regardless of its size. This methodology reduces concentration risk in mega-cap technology firms and provides greater exposure to the mid-cap components of the index.
As a Large Blend ETF, RSP offers diversified exposure across all eleven GICS sectors, rebalancing quarterly to maintain its equal-weight mandate. This systematic rebalancing effectively forces a buy low, sell high discipline by trimming outperformers and adding to underperforming stocks. Investors can use ValueRay to further analyze how these weighting differences impact long-term portfolio volatility. Launched in 2003, the fund serves as a benchmark for investors seeking to capture the broad performance of the U.S. equity market without the heavy top-tier bias found in traditional passive funds.
- Mean reversion of S&P 500 concentration favors equal-weight performance
- Small and mid-cap constituent performance drives relative returns
- Sector rotation away from mega-cap technology benefits diversified holdings
- Narrow market breadth reduces fund performance relative to market-cap weighting
As of June 20, 2026, the stock is trading at USD 209.96 with a total of 10,791,220 shares traded.
Over the past week, the price has changed by +0.10%,
over one month by +3.53%,
over three months by +8.99% and
over the past year by +20.37%.
SP500 Equal Weight has no consensus analysts rating.