Key stats
About Invesco S&P 500 Equal Weight Consumer Staples ETF
Expense ratio
0.40%
Home page
Inception date
Nov 1, 2006
ISIN
US46137V3731
RSPS delivers a narrow, equal-weighted portfolio of firms in the US consumer staples sector. The fund should appeal to consumer staples investors who like S&P 500 stocks but want an alternative to market-cap-weighting. RSPS's restriction to S&P 500 components results in a portfolio of less than 40 names, though its equal-weighting scheme reduces concentration and limits single-name blow-up risk. The index is rebalanced on a quarterly basis. Prior to June 7, 2023, the fund traded under the ticker RHS.
Classification
What's in the fund
Exposure type
Consumer Non-Durables
Retail Trade
Stock breakdown by region
Consumer staples look poised to outperform this earnings seasonWe've now had five early earnings reports from the consumer staples sector in the last couple weeks, including today's reports from General Mills and Constellation Brands. On average, EPS for these companies beat analyst estimates by 12.5%, revenue beat by over 3%. That suggests that analysts have u
A few opportunities are emerging for long-side tradersConsumer staples have sold off along with the rest of the market, but if grocery store shelves are any indication, this sector should have a pretty good quarter. With people eating out less and eating at home more, expect several months of strong demand and good free cash flow in this sector. RHS lo
Consumer staples bullish MACD crossThe Invesco equal weight consumer staples fund made a bullish MACD cross today on the daily chart. It's also above signal on the weekly chart, so this cross should have some legs. Consumer staples are a counter-cyclical sector, so they tend to do well as the economy heads toward recession.
Consumer staples and utilities to gain while market pulls backNearly every single sector in the entire market is either overbought or down-trending right now, with two exceptions. Consumer staples and utilities are both climbing out of oversold territory and should gain Friday while the rest of the market pulls back.
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