Key stats
About Invesco S&P 500 Equal Weight Materials ETF
Expense ratio
0.40%
Home page
Inception date
Nov 1, 2006
RSPM differentiates itself by using an equal-weighting strategy, which only includes basic materials companies in the S&P 500. Smaller companies have the same weighting as giants, tilting the whole fund to midcaps. Perhaps surprisingly, this does not increase RSPM's portfolio volatility. In short, investors who want to make a less-concentrated bet on the most liquid basic materials firms can do so with confidence in RSPM. The index is rebalanced on a quarterly basis. Prior to June 7, 2023, the fund traded under the ticker RTM.
Classification
What's in the fund
Exposure type
Process Industries
Non-Energy Minerals
Stock breakdown by region
