Symbols

RSPN

Invesco S&P 500 Equal Weight Industrials ETF·NYSE

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Key Stats

Assets Under Management

983.38MUSD

Fund Flows (1Y)

188.30MUSD

Dividend Yield

0.58%

Discount/Premium to NAV

-0.10%

Shares Outstanding

15.72M

Expense Ratio

0.40%

About Invesco S&P 500 Equal Weight Industrials ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

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

Inception Date

Nov 1, 2006

Structure

Open-Ended Fund

Index Tracked

S&P 500 Equal Weight Industrials 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.

RSPN brings a non-traditional approach to the sector—it starts with a narrow selection universe (S&P 500), and then equal-weights its holdings. Although the fund only has minor deviations from a plain-vanilla approach, its equal-weighting scheme reduces the presence of large-cap industrial conglomerates. This also cuts the fund's weighted average market cap. Investors should be certain they're comfortable with RSPN's approach to the market and the sector deviations that result. The index is rebalanced on a quarterly basis. Prior to June 7, 2023, the fund traded under the ticker RGI.