Is Invesco S&P 500 Equal Weight ETF (RSP) a Strong ETF Right Now?

Core Insights - The Invesco S&P 500 Equal Weight ETF (RSP) is designed to provide broad exposure to the Style Box - Large Cap Blend category and has amassed over $74.67 billion in assets, making it one of the largest ETFs in this category [1][5] - RSP seeks to match the performance of the S&P 500 Equal Weight Index, which equally weights the stocks in the S&P 500 Index [5] - The ETF has a 12-month trailing dividend yield of 1.17% and an operating expense ratio of 0.20%, which is competitive within its peer group [6] Fund Characteristics - RSP is managed by Invesco and was launched on April 24, 2003 [1][5] - The ETF has a diversified portfolio with about 507 holdings, which helps to mitigate company-specific risk [10] - The heaviest sector allocation is in Industrials at approximately 15.9%, followed by Financials and Information Technology [7] Performance Metrics - As of July 23, 2025, RSP has increased by about 6.97% year-to-date and 10.8% over the past year [10] - The ETF has traded between $152.93 and $187.62 in the past 52 weeks [10] - RSP has a beta of 0.97 and a standard deviation of 16.20% over the trailing three-year period, indicating a relatively stable performance compared to the market [10] Alternatives - Other ETFs in the same space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), which track the S&P 500 Index and have significantly larger asset bases of $649.33 billion and $695.06 billion, respectively [11] - SPY has an expense ratio of 0.09% while VOO charges 0.03%, making them cheaper alternatives for investors [11]