Core Insights - The Invesco S&P 500 Equal Weight Communication Services ETF (RSPC US) aims to provide equal-weight exposure to communication services companies primarily from the S&P 500, supplemented to ensure breadth [1] Group 1: Index Methodology - The underlying index starts with the S&P 500, representing U.S. large-cap equities, and includes all constituents classified in the communication services sector under GICS [1] - If fewer than 22 S&P 500 names are eligible during a quarterly rebalance, the index adds the largest communication services companies from the S&P MidCap 400 by float-adjusted market cap until the minimum is met [1] - Mid-cap companies added to meet the 22-stock minimum remain constituents until the next rebalance, even if new S&P 500 names enter the sector [1] Group 2: Rebalancing and Weighting - At each quarterly rebalance in March, June, September, and December, all constituents are set to equal 1/N weights without additional issuer or industry caps [1] - Ongoing maintenance actions from the S&P 500 and S&P MidCap 400 drive most constituent turnover [1]
Invesco S&P 500 Equal Weight Communication Services ETF (RSPC US) - Portfolio Construction Methodology
ETF Strategy·2026-01-19 12:59