(RSPG) SP500 Equal Weight Energy - Overview
ETF Category: Equity Energy | Exchange: NYSE ARCA (USA) | Market Cap: 621m USD | Total Return: 53% in 12m
Avg Turnover: 10.1M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Invesco S&P 500 Equal Weight Energy ETF (RSPG) tracks the S&P 500 Equal Weight Energy Plus Index by investing at least 90% of its assets in constituent securities. Unlike market-cap-weighted funds, this ETF assigns equal weight to every energy company within the S&P 500, reducing concentration risk in individual mega-cap integrated oil firms. The underlying portfolio consists of companies classified under the Global Industry Classification Standard (GICS) energy sector, which includes businesses engaged in oil and gas exploration, production, refining, and equipment services.
The energy sector’s performance is heavily influenced by global crude oil prices and capital expenditure cycles in the upstream and midstream segments. Equal-weighting provides broader exposure to mid-sized exploration and production companies compared to traditional indices dominated by a few industry giants. Investors can evaluate how these valuation metrics compare to historical averages on ValueRay. This strategy effectively rebalances quarterly to maintain the equal-weight distribution across the sector.
- Crude oil and natural gas price volatility dictates constituent revenue levels
- Equal weighting increases fund sensitivity to mid-cap exploration and production performance
- Global energy demand shifts impact upstream and downstream profitability across holdings
- Capital expenditure discipline and shareholder return policies drive underlying stock valuations
- Environmental regulations and carbon transition policies pose long-term structural valuation risks
As of May 24, 2026, the stock is trading at USD 107.16 with a total of 97,877 shares traded.
Over the past week, the price has changed by +0.49%,
over one month by +4.24%,
over three months by +10.60% and
over the past year by +53.00%.
SP500 Equal Weight Energy has no consensus analysts rating.