Invesco S&P 500 Equal Weight ETF
RSP US IndexUpdated: Jul 5, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Dell Technologies Inc Ordinary Shares - Class C | DELL | 0.54% | |
| SanDisk Corp Ordinary Shares | SNDK | 0.49% | |
| Advanced Micro Devices Inc | AMD | 0.47% | |
| Intel Corp | INTC | 0.45% | |
| Micron Technology Inc | MU | 0.44% | |
| Seagate Technology Holdings PLC | STX | 0.43% | |
| ON Semiconductor Corp | ON | 0.38% | |
| Hewlett Packard Enterprise Co | HPE | 0.38% | |
| Western Digital Corp | WDC | 0.37% | |
| Datadog Inc Class A | DDOG | 0.36% |
Sector Allocation
About This ETF
The Invesco S&P 500 Equal Weight ETF (RSP) is a US Index ETF with an expense ratio (TER) of 0.2% and $89.1B in assets under management., with its largest holdings being Dell Technologies Inc Ordinary Shares - Class C, SanDisk Corp Ordinary Shares, Advanced Micro Devices Inc. The ETF currently yields 1.49% in dividends. Year-to-date, RSP has returned +12.34%.
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which consists of all of the of the S&P 500® Index.
FAQ — RSP
What is the TER of RSP (Invesco S&P 500 Equal Weight ETF)?
RSP has a Total Expense Ratio (TER) of 0.20 % per year. That sits above the us index category median (0.05 % across 14 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has RSP delivered?
Performance for RSP: YTD: +12.34 % · 3-year p.a.: +14.58 % · 5-year p.a.: +8.93 %. Over 5 years, RSP underperforms the us index category median of +12.07 % by -3.14 pp. Past performance is no guarantee of future returns.
What are the top holdings of RSP?
The five largest positions in RSP are: DELL, SNDK, AMD, INTC, MU. The full holdings list is updated daily on this page.
Does RSP pay dividends?
RSP has a current dividend yield of 1.49 %. Distributing ETFs pay this out in cash; accumulating versions reinvest it inside the fund. Check the share class on your broker before buying.
Where can I buy or set up a savings plan for RSP?
RSP is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
What is the Invesco S&P 500 Equal Weight ETF?
The Invesco S&P 500 Equal Weight ETF (RSP) holds the same 500 companies as the S&P 500 but weights each one roughly equally rather than by market capitalisation. As a result, capital is spread broadly across every index member instead of flowing mostly into a handful of mega-caps. With $86.4B in assets and an expense ratio of 0.20%, the fund offers more even exposure to the US market than traditional cap-weighted index funds, appealing to investors who want diversification beyond the largest names.
Performance at a glance
The fund has returned 8.44% year to date. Over longer periods, its annualised three-year return stands at 15.61% and its five-year return at 8.35%. The share price trades near its yearly high, with a 52-week range of 174.27 to 208.89 USD.
Unlike cap-weighted S&P 500 funds, RSP's returns depend less on a few technology giants. Instead, mid-sized and smaller index members contribute more meaningfully. When market breadth improves, this can be an advantage; when a small number of mega-caps dominate, equal weighting often lags. The fund's distribution yield is 1.53%.
Risk profile
RSP is a pure equity investment and is exposed to the usual swings of the US market. Despite equal weighting, concentration risk in the US market and certain sectors remains.
- Currency risk: The fund is denominated in US dollars. For euro-area investors, a weaker dollar can erode returns even when the price rises in USD terms.
- Sector exposure: Technology (18.27%), industrials (14.69%) and financial services (14.41%) shape the portfolio.
- Turnover costs: Periodic rebalancing back to equal weights generates higher turnover than cap-weighted funds.
Price declines are always possible; past returns are no guarantee of future results.
Who is this ETF for?
RSP suits investors with a long-term horizon who want broad exposure to the US market while deliberately avoiding the heavy dominance of a few mega-caps found in traditional index funds. Equal weighting produces a more balanced spread across all 500 index members and across sectors.
It is less suitable for investors with short time horizons, low risk tolerance, or a desire to benefit specifically from the strength of leading technology companies. Those who want to avoid exchange-rate risk entirely should also consider the USD exposure. As a sole holding for safety-oriented savings goals, a pure equity ETF is not appropriate.
How it compares to similar ETFs
RSP is the best-known equal-weight S&P 500 fund. Compared with cap-weighted alternatives, it differs mainly in concentration:
- Vanguard S&P 500 ETF (VOO): tracks the same index on a cap-weighted basis, with heavy weighting toward the largest companies and very low costs.
- SPDR S&P 500 ETF (SPY): the oldest and most liquid S&P 500 fund, also cap-weighted.
- iShares Core S&P 500 (IVV): a low-cost cap-weighted option for long-term investors.
RSP spreads capital more evenly but typically carries higher costs and turnover.
Where can I buy RSP?
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