(RSP) SP500 Equal Weight - Overview

The Invesco S&P 500® Equal Weight ETF (RSP) seeks to track an equal-weight version of the S&P 500, allocating at least 90 % of its assets to the 500 constituent stocks of that index. By giving each component roughly the same weight, the fund departs from the market-cap weighting of the standard S&P 500, aiming for a more balanced exposure across large-cap U.S. equities.

As of 31 Dec 2025, RSP reported approximately $13 billion in assets under management, an expense ratio of 0.20 % (net), and a 12-month total return of +9.4 % (versus +11.2 % for the cap-weighted S&P 500). The ETF’s sector composition is roughly flat, with the top five sectors-Information Technology, Health Care, Financials, Consumer Discretionary, and Industrials-each representing about 4-5 % of the portfolio, reflecting the equal-weight methodology. Recent macro drivers include the Federal Reserve’s policy-rate range of 5.25-5.50 % and a year-over-year U.S. GDP growth of 2.1 %, both of which tend to favor diversified large-cap exposure while limiting concentration risk.

Given the fund’s tilt toward a more uniform sector balance, investors should monitor how sector-specific earnings cycles (e.g., tech valuation corrections or health-care policy shifts) could affect relative performance; a sustained divergence in sector momentum would materially alter RSP’s risk-return profile.

For a deeper, data-rich analysis of RSP’s valuation metrics and scenario testing, you might explore the free tools on ValueRay.