Symbols

RSPD

Invesco S&P 500 Equal Weight Consumer Discretionary ETF·ARCA

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Key Stats

Assets Under Management

222.78MUSD

Fund Flows (1Y)

-132.00MUSD

Dividend Yield

1.03%

Discount/Premium to NAV

-0.09%

Shares Outstanding

3.75M

Expense Ratio

0.40%

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/portal/site/us/financial-professional/etfs/product-detail?productId=RCD

Inception Date

Nov 1, 2006

Structure

Open-Ended Fund

Index Tracked

S&P 500 Equal Weight Consumer Discretionary Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

RSPD provides a unique but not radical alternative to market-cap-weighted consumer discretionary exposure in the US. Basically, the fund equal-weights all stocks in the S&P 500 Consumer Discretionary Index, whose composition is determined by an S&P Committee. Equal-weighting avoids concentration in large firms, while significantly increasing midcap exposure compared to the broad sector. RSPD's tilt toward smaller firms is limited by its universe—the S&P 500—which excludes small-caps. The index is rebalanced quarterly. Prior to June 7, 2023, the fund traded under the ticker RCD.