ETF Evaluator: Invesco S&P 500® Eql Wght Comm Svcs ETF () Follow This ETF

Invesco S&P 500® Eql Wght Comm Svcs ETF Overview

Invesco S&P 500® Eql Wght Comm Svcs ETF (RSPC) is a passively managed Sector Equity Communications exchange-traded fund (ETF). Invesco launched the ETF in 2018.

The investment seeks to track the investment results of the S&P 500® Equal Weight Communication Services Plus Index. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Communication Services Index. The Parent Index is designed to measure the performance of common stocks of all companies included in the S&P 500® Index that are classified as members of the communication services sector, as defined according to the GICS®, with a 22 company minimum count at each quarterly rebalance. It is non-diversified.

About Invesco S&P 500® Eql Wght Comm Svcs ETF (RSPC)

There are 3 members of the management team with an average tenure of 7.13 years: Peter Hubbard (2018), Michael Jeanette (2018) and Pratik Doshi (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 Eql Wgt Cmict Srvs+ USD index with a weighting of 100%. Invesco S&P 500® Eql Wght Comm Svcs ETF has 26 securities in its portfolio. The top 10 holdings constitute 49.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Invesco S&P 500® Eql Wght Comm Svcs ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Invesco S&P 500® Eql Wght Comm Svcs ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco S&P 500® Eql Wght Comm Svcs ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $55 million in total assets, which is below the $1 billion average for the Communications category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RSPC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco S&P 500® Eql Wght Comm Svcs ETF expense ratio is average compared to funds in the Communications category. Invesco S&P 500® Eql Wght Comm Svcs ETF has an expense ratio of 0.40%, which is 4% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco S&P 500® Eql Wght Comm Svcs ETF has a portfolio turnover rate of 38%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 36% for the Communications category.

Recently, in the month of July 2026, Invesco S&P 500® Eql Wght Comm Svcs ETF returned 0.7%, which earned it a grade of C, as the Communications category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Invesco S&P 500® Eql Wght Comm Svcs ETF has a trailing yield of 1.83%, which is above the 0.95% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Invesco S&P 500® Eql Wght Comm Svcs ETF Grades

Year to date, the ETF has returned -10.2%, 6.2 percentage points worse than the category, which translates into a grade of D. The fund has returned -3.3% over the past year (grade of C), 8.6% over the past three years (grade of F) and -0.4% per year over the past five years (grade of D).

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