Symbols

RSPU

Invesco S&P 500 Equal Weight Utilities ETF·ARCA

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Key Stats

Assets Under Management

558.38MUSD

Fund Flow (1Y)

104.79MUSD

Dividend Yield

2.38%

Discount / Premium to NAV

0.04%

Shares Outstanding

7.20M

Expense Ratio

0.40%

About Invesco S&P 500 Equal Weight Utilities ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RSPU

Inception Date

Nov 1, 2006

Structure

Open-Ended Fund

Index Tracked

S&P 500 Equal Weight Utilities Plus 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.

RSPU tracks an equal-weighted index of large-cap utilities companies. Its equal-weighting scheme skews it away from a market-like portfolio. The fund also includes a significant allocation to telecom stocks, which are not included in some utilities fund. This is common, however, as many utilities ETFs combine the two sectors and telecom stocks may pay higher dividends than utilities. Still, investors looking for pure-play exposure should look elsewhere. The index is rebalanced on a quarterly basis. Prior to June 07, 2023, the fund traded under the ticker, RYU.