We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. The following text is from July 11, 2023. Invesco S&P 500 Equal Weight constructs a portfolio of equal-weighted U.S. large caps for a low fee. This approach tilts the portfolio toward mid-cap stocks and requires high turnover compared with market-cap weighting, increasing transaction costs and adding to its volatility.
Invesco S&P 500® Equal Weight ETF RSP
Morningstar’s Analysis RSP
Will RSP outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Invesco Shrt-Trm Inv Gov&Agcy Instl | 0.27 | 145.0 Mil | Cash and Equivalents |
Carnival Corp | 0.24 | 130.1 Mil | Consumer Cyclical |
FedEx Corp | 0.24 | 128.6 Mil | Industrials |
Norwegian Cruise Line Holdings Ltd | 0.22 | 120.7 Mil | Consumer Cyclical |
Tesla Inc | 0.22 | 118.9 Mil | Consumer Cyclical |
Baker Hughes Co Class A | 0.22 | 118.7 Mil | Energy |
Intuit Inc | 0.22 | 117.3 Mil | Technology |
Schlumberger Ltd | 0.22 | 117.3 Mil | Energy |
Salesforce Inc | 0.22 | 116.9 Mil | Technology |
MGM Resorts International | 0.22 | 116.7 Mil | Consumer Cyclical |