ETF Evaluator: Invesco S&P 500® Equal Wt Indls ETF () Follow This ETF

Invesco S&P 500® Equal Wt Indls ETF Overview

Invesco S&P 500® Equal Wt Indls ETF (RSPN) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). Invesco launched the ETF in 2006.

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Equal Weight Industrials Index (the "underlying 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® Industrials 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 industrials sector, as defined according to the Global Industry Classification Standard ("GICS").

About Invesco S&P 500® Equal Wt Indls ETF (RSPN)

There are 3 members of the management team with an average tenure of 7.52 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 Equal Weighted Indl TR USD index with a weighting of 100%. Invesco S&P 500® Equal Wt Indls ETF has 83 securities in its portfolio. The top 10 holdings constitute 14.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Invesco S&P 500® Equal Wt Indls ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Invesco S&P 500® Equal Wt Indls 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® Equal Wt Indls ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $1 billion average for the Industrials 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.

RSPN 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® Equal Wt Indls ETF expense ratio is average compared to funds in the Industrials category. Invesco S&P 500® Equal Wt Indls ETF has an expense ratio of 0.40%, which is 21% lower than its category average, making the fund expense ratio grade a B. 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® Equal Wt Indls ETF has a portfolio turnover rate of 23%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Industrials category.

Recently, in the month of July 2026, Invesco S&P 500® Equal Wt Indls ETF returned -2.1%, which earned it a grade of B, as the Industrials category had an average return of -4.0%. 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® Equal Wt Indls ETF has a trailing yield of 0.83%, which is below the 1.11% category average. The fund normally distributes its income quarterly and its capital gains annually.

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® Equal Wt Indls ETF Grades

Year to date, the ETF has returned 11.1%, 1.5 percentage points worse than the category, which translates into a grade of C. The fund has returned 14.5% over the past year (grade of D), 15.5% over the past three years (grade of D) and 11.7% per year over the past five years (grade of C) and 14.3% per year over the past 10 years (grade of B).

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