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

Core Insights - The Invesco S&P 500 Equal Weight Financials ETF (RSPF) debuted on November 1, 2006, and provides broad exposure to the Financials ETFs category [1] - RSPF is designed to match the performance of the S&P 500 Equal Weight Financials Index, which equally weights stocks in the financial sector [5] Fund Overview - RSPF is managed by Invesco and has accumulated over $321.89 million in assets, categorizing it as an average-sized ETF in the Financials sector [5] - The ETF has an annual operating expense ratio of 0.40% and a 12-month trailing dividend yield of 1.20% [6] Sector Exposure and Holdings - RSPF's portfolio is entirely allocated to the Financials sector, with Coinbase Global Inc (COIN) making up approximately 1.84% of total assets [7][8] - The top 10 holdings represent about 15.19% of RSPF's total assets under management [8] Performance Metrics - As of August 13, 2025, RSPF has gained approximately 6.68% year-to-date and 22.11% over the past year [9] - The ETF has a beta of 0.96 and a standard deviation of 17.19% over the trailing three-year period, indicating effective diversification of company-specific risk [10] Alternatives in the Market - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.62 billion in assets and XLF at $52.32 billion [12] - VFH has a lower expense ratio of 0.09% compared to RSPF, while XLF charges 0.08% [12]