The Invesco S&P 500 Equal Weight ETF (RSP) experienced a notable $851.5 million outflow, a 1.2% decrease week over week. The largest underlying components of RSP, including Coinbase Global Inc (COIN), Super Micro Computer Inc (SMCI), and Tapestry Inc (TPR), are down 15.4%, 3.9%, and 2.7%, respectively. The ETF's one-year price performance shows a low point of $150.35 and a high point of $188.16.
Invesco's S&P 500 Equal Weight ETF (RSP) experienced a significant $851.5 million outflow during the week ending July 30, 2025, marking a 1.2% decrease week over week. This outflow was driven by the underperformance of several key components within the ETF, including Coinbase Global Inc (COIN), Super Micro Computer Inc (SMCI), and Tapestry Inc (TPR), which saw declines of 15.4%, 3.9%, and 2.7%, respectively [1].
The one-year price performance of the ETF indicates a range of $150.35 to $188.16, with the most recent low point occurring on July 30, 2025. This volatility reflects broader market conditions and the sensitivity of the ETF to sector-specific movements. Despite the recent outflows, the ETF's long-term performance remains a point of interest for investors seeking broad market exposure.
The overall ETF market witnessed mixed inflows and outflows during the same period. SPDR added $2.7 billion, followed by Invesco at $1.6 billion and Vanguard with $1.22 billion, while Direxion saw $414.9 million in outflows. These trends highlight the dynamic nature of the ETF market, with various factors influencing investor decisions [1].
Investors should closely monitor the performance of RSP and its underlying components to gauge potential future movements. The ETF's equal weighting strategy provides diversification benefits but also exposes it to sector-specific risks. As market volatility persists, investors may need to reassess their portfolios to align with their risk tolerance and investment objectives.
References:
[1] https://www.etf.com/sections/etf-league-tables/etf-league-tables-invesco-adds-16b-direxion-sees-outflows
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