Palantir Technologies

United Continental Hlds

Tesla

Axon Enterprise

Vistra Energy

GE Vernova Inc.

Tapestry

Carnival

Lululemon Athletica

Royal Caribbean Cruises

Invesco S&P 500 Equal Weight ETF

RSP tracks an equal-weighted index of S&P 500 companies.

Invesco ESG S&P 500 R Equal Weight ETF

Investors may wonder about the overlap between two funds with the same methodology, where one of the funds incorporates ESG screening. As investors consider allocating to equal-weight strategies, the Invesco ESG S&P 500 Equal Weight ETF (RSPE) is a lesser-known relative of the Invesco S&P 500 Equal Weight ETF (RSP).

How Does RSPE Compare to RSP?

Invesco S&P 500 Equal Weight Financials ETF

Invesco S&P 500 Equal Weight Technology ETF

Following the close of U.S. markets Thursday, March 17, index giants S&P and MSCI commence the latest alterations to the global industry classification standard (GICS), meaning a slew of companies are moving from one sector to another and, in some cases, getting new industry classifications in the process.

GICS Changes Could Highlight Equal Weight Opportunity

Stocks fell sharply on Friday, closing out a tough week for markets. The S&P 500 shed nearly 5% this week while the Invesco S&P 500® Equal Weight ETF (RSP), which tracks the S&P 500 Equal Weight Index, dropped over 6% during the same period.

Now Is the Time to Add to Positions in RSP

Despite lagging its cap-weighted parent S&P 500 in February, equal weight's trailing 12-month relative outperformance is 5%. Both equal weight and the S&P 500 slipped in February, declining 3.3% and 2.4%, respectively, but equal weight maintains its lead over a one-year period, supported by strong 2022 and January performance.

Equal Weight's TTM Relative Outperformance to S&P 500 at 5%

Equal weight lagged its cap-weighted parent S&P 500 in February for the first time since September. Both the S&P 500 Equal Weight Index and the S&P 500 slipped in February, declining 3.3% and 2.4%, respectively, but equal weight maintains a modest lead year-to-date, buoyed by strong January performance.

Equal Weight Lagged S&P 500 in February, Maintains YTD Lead

When the biggest companies are outperforming, equal weighted portfolios are underperforming. Last year, the biggest companies were underperforming and equal weighting was outperforming.

RSP: Better Than The Giant 7

Innovator S&P 500 Buffer ETF - August

Innovator S&P 500 Buffer ETF - July

Innovator S&P 500 Buffer ETF June

Innovator S&P 500 Buffer ETF - October

Global X S&P 500 Catholic Values ETF

SPDR S&P 500 ESG ETF

WisdomTree U.S. Earnings 500 Fund

First Trust Large Cap Value AlphaDEX Fund

Direxion Daily S&P 500 High Beta Bull 3X Shares

Direxion Daily S&P 500 High Beta Bear 3X Shares

iShares S&P 500 Value ETF

iShares Core S&P 500 ETF

iShares S&P 500 Growth ETF

CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF

ProShares S&P 500 Dividend Aristocrats ETF

Qraft AI-Enhanced US Next Value ETF

Innovator S&P 500 Power Buffer ETF - August

Invesco S&P 500 BuyWrite ETF

Innovator S&P 500 Power Buffer ETF - January

Innovator S&P 500 Power Buffer ETF June

WisdomTree CBOE S&P 500 PutWrite Strategy Fund

Global X S&P 500 Quality Dividend ETF

Invesco S&P 500 Pure Growth ETF

Invesco S&P 500 Pure Value ETF

Once upon a time, dividends played a starring role in equity markets—until 14 years of easy money whetted investors' appetite for risk and created a massive tailwind for unprofitable, long-duration growth stocks. Valuations appear to be attractive: Stocks yielding north of 2.5% are trading near their largest discount to the equity market in recent memory.

Good Fishing In The Dividend Stream

The Invesco S&P 500® Equal Weight ETF (RSP) is maintaining its role as a favored core equity holding in 2022, hauling in nearing $2 billion in net flows year to date. RSP has seen $1.8 billion in net flows year to date and $571 million month to date as of January 21, according to ETF Database.

Equal Weight ETF RSP Approaches $2 Billion in Flows YTD

The S&P 500 Index has rebounded sharply off its previous low in October, closing up 14% on Feb. 17 since October's trough. The market could continue to rally, of course.

Oversold-Overbought Watch: S&P 500 Index - February 21, 2023

Invesco Nasdaq 100 ETF

Invesco S&P 500 GARP ETF

While equal weight has outperformed its cap-weighted parent S&P 500 consistently over the past year, the methodology is expected to be more volatile. The S&P 500 Equal Weight Index, tracked by the Invesco S&P 500 Equal Weight ETF (RSP), tilts towards smaller size (47.8%), value (33.4%), and dividend (15.6%) factors compared to the S&P 500.

Invesco's Nick Kalivas on Assessing Equal Weight's Volatility

Invesco QQQ

If there's a theme that Liz Young, head of investment strategy at SoFi, has been talking about since the run-up to January, it's: “Somebody's wrong.” By her own admission, it's not much of a pep talk.

When It Comes to Markets, “Somebody's Wrong”

Equal weight started the year on a high note, outperforming its cap-weight parent S&P 500 for another consecutive month. The S&P 500 Equal Weight Index gained 7.4% in January, outperforming the S&P 500, which gained 6.3% during the month.

Equal Weight Beats Parent S&P 500 in January

SPDR S&P 500 ETF Trust

VettaFi's vice chairman Tom Lydon discussed the Invesco S&P 500® Equal Weight ETF (RSP) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” RSP returns for its second appearance as ETF of the Week, though to a different world for equal-weight strategies.

ETF of the Week: Invesco S&P 500® Equal Weight ETF (RSP)

Invesco S&P 500 Quality ETF

Investors are looking to the equal-weight and quality factors as they navigate a cloudy economic outlook. The Invesco S&P 500 Equal Weight Portfolio (RSP) and the Invesco S&P 500 Quality ETF (SPHQ) are Invesco's two most popular ETFs year-to-date, as measured by net flows.

Investors Look to Equal-Weight and Quality Factors in 2023

There's an abundance of optimism a few weeks into the new year, and given that the S&P 500 is in the green so far, it makes sense.

Equal-Weight S&P 500 Outperformed the Broad Index Over Past 3 Months

Invesco BulletShares 2024 Corporate Bond ETF

Invesco BulletShares 2025 Corporate Bond ETF

Invesco S&P SmallCap 600® Equal Weight

Invesco RAFI Strategic Developed ex-US ETF

Invesco RAFI Strategic US Small Company ETF

Invesco PureBeta US Aggregate Bond ETF

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Invesco S&P 500 Low Volatility ETF

Invesco has planned ETF closures as the firm polishes its product lineup. According to recent regulatory filings, around 20 ETFs will be impacted by the firm's product refinement.

Invesco Plans ETF Closures as It Refines Product Lineup

An easy forecast to make for 2023 and one that doesn't involve predicting market performance involves ongoing evolution for environmental, social, and governance (ESG) strategies.

Equal-Weight Could Be Ideal ESG Avenue

The ETF industry is abuzz this month as the original U.S.-listed exchange traded fund — a cap-weighted fund tracking the S&P 500 — celebrates its 30th anniversary. Not to be lost in the shuffle is the 20th anniversary of the S&P 500 Equal Weight Index.

A Momentous Equal-Weight ETF Occasion

Equal weight outperformance has continued into the final week of January, as the index maintains its lead over the parent S&P 500 year to date.

Equal Weight Outperformance Continues into Final Week of January

After outperforming in 2022, equal weight is off to a strong start this year. The Invesco S&P 500 Equal Weight ETF (RSP) handily outperformed the S&P 500 last year, with that momentum continuing into the first weeks of 2023.

Equal Weight RSP Leads S&P 500 in First Weeks of 2023

SPDR Bloomberg 1-3 Month T-Bill ETF

iShares MSCI Emerging Markets ETF

iShares 7-10 Year Treasury Bond ETF

T Rowe Price Blue Chip Growth ETF

iShares 20+ Year Treasury Bond ETF

Vanguard Small-Cap ETF

Vanguard Total International Stock ETF

Experts tell us how they plan to rebound this year after a brutal 2022.

Advisors Turn Toward Large Cap, Non-US ETFs

Pacer US Cash Cows 100 ETF

Invesco S&P MidCap 400 Equal Weight ETF

iShares MSCI Mexico ETF

iShares iBoxx High Yield Corporate Bond ETF

First Trust India NIFTY 50 Equal Weight ETF

Invesco S&P 500 Equal Weight Industrials ETF

Invesco S&P 500 Equal Weight Materials ETF

Invesco S&P 500 Equal Weight Energy ETF

Invesco S&P 500 Equal Weight Health Care ETF

Invesco S&P 500 Equal Weight Utilities ETF

Schwab US Dividend Equity ETF

Stocks outside large cap tech are outperforming. Markets outside the U.S. are turning around and in some cases near breakout to all time highs.

Chart Storm For Early January 2023 (Technical Analysis)

As investors allocate to equal-weight strategies, the Invesco ESG S&P 500 Equal Weight ETF (RSPE) is lesser-known, has a compelling strategy, and incorporates ESG criteria. There are many reasons why investors favor equal weighting over market cap-weighted strategies, including enhanced diversification and historical outperformance.

How Does Equal Weight RSPE Stack Up to RSP?

The Xtrackers Russell US Multifactor ETF

iShares MSCI USA Multifactor ETF

Invesco Russell 1000 Dynamic Multifactor ETF

OShares U.S. Quality Dividend ETF

SPDR MSCI USA StrategicFactors ETF

Invesco S&P 500 High Beta ETF

SPDR Portfolio S&P 500 High Dividend ETF

In a livecast event this Friday, I'm going to be recapping the past year in ETFs and previewing what is likely ahead of us with one of my favorite people in the ETF industry that does not work for VettaFi, Cinthia Murphy.

Smart Beta Is Alive and Well

The S&P 500 Equal Weight Index outperformed its cap-weighted parent in the last month of 2022. The S&P 500 EWI declined -4.7% in December, outperforming the S&P 500 on a relative basis, which declined -5.8% during the month.

News for Invesco S&P 500 Equal Weight ETF ETF (RSP)