Here are some equal weighted S&P 500 ETFs:
- Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS): This ETF offers broad exposure to the Consumer Staples sector of the S&P 500 with an equal-weighting approach. It has amassed assets over $374.67 million and has an annual operating expense of 0.40%. It seeks to match the performance of the S&P 500 EQL WEIGHT CONSUMER STAPLES INDX before fees and expenses1.
- Invesco S&P 500 Equal Weight Industrials ETF (RSPN): This ETF provides exposure to the Industrials sector of the S&P 500 with equal weights. It has seen growth in its holdings by Oppenheimer & Co. Inc., indicating investor interest2.
- Brown Brothers Harriman & Co. Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP): This ETF, managed by Invesco, has seen an increase in its stock position by Brown Brothers Harriman & Co., reflecting market participation and investor confidence3.
These ETFs are designed to provide equal weight to each stock in their respective sectors, which can offer diversification and potentially mitigate the impact of any single stock's performance on the overall fund. They are part of the smart beta ETF category, which aims to outperform traditional market-cap weighted indexes through alternative weighting strategies.