Invesco S&P 500® Equal Weight ETF is one of the best-known equal-weighted ETFs, which simply takes all the stocks in the S&P 500 and weights them equally. It seeks to track the investment results of the S&P 500® Equal Weight Index which includes all S&P 500 constituents. RSP equally weights each stock and mechanically overweights the smaller S&P 500 stocks at the expense of the larger names. The Fund uses a passive management strategy to track the performance of the underlying index.
RSP TOP 10 HOLDINGS
Lam Research Corp. LRCX 0.24
Hartford Financial Services Group Inc. HIG 0.24
Kansas City Southern KSU 0.24
Applied Materials Inc. AMAT 0.24
KLA Corp. KLAC 0.23
Lennar Corp. - Ordinary Shares - Class A LEN 0.23
Teradyne, Inc. TER 0.23
Facebook Inc - Ordinary Shares - Class A FB 0.23
NXP Semiconductors NV NXPI 0.23
Nucor Corp. NUE 0.22
As of 04/08/21
RSP SECTOR ALLOCATION
Information Technology 15.45%
Industrials 15.07%
Financials 12.80%
Health Care 12.71%
Consumer Discretionary 12.50%
Consumer Staples 6.40%
Real Estate 5.73%
Utilities 5.69%
Materials 5.50%
Communication Services 4.13%
Energy 4.02%
As of 04/09/21