Invesco S&P 500 Equal Weight Financials ETF
$78.99−0.33 (−0.41%)
- 0.40%
- $383M
- +6.5%
- 1.58%
- 0M sh
- $78.89
- low $69.04high $86.03
The ETF.net RSPF Grade
C
Score 52 out of 100
- 11 of 18
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 12 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 8 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 14 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 14 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A88 out of 100Rank 2 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 13 of 18
Our read on RSPF
CMost financials funds are really a bet on a few megabanks. RSPF spreads the S&P 500's financial sector evenly across about 80 names, so an insurer or an exchange operator carries the same weight as the biggest bank on the list.
The fund is designed to provide equal-weighted exposure to stocks in the financials sector.
Why people hold it
- Equal weight, rebalanced quarterly: winners get trimmed and laggards topped back up, instead of letting the largest banks quietly run the portfolio.invesco.com
- A 0.40% expense ratio, slightly under the typical fund in the financials cohort, for a rules-based tilt rather than a manager's judgment call.
- Sticks closely to the index it names, the S&P 500 Equal Weight Financials, and holds the sector broadly rather than skimming the headline names.
- Trading since 2006, so the equal-weight method has been through the 2008 banking blowup and the 2023 regional bank scare with the same rulebook.
Worth knowing
- The tilt costs extra: cap-weighted rivals XLF (0.08%) and VFH (0.09%) charge a fraction of RSPF's 0.40% for plain sector exposure.
- Thinly traded next to the sector's biggest funds, which can mean wider bid-ask spreads, especially on larger orders.
- Equal weighting leaves more room for regional banks and insurers, so results can diverge from the cap-weighted sector in either direction.invesco.com
RSPF Holdings
- Stocks
- 78
- 14%
- PYPL
Sectors
- Financials92.3%
- Technology6.4%
- Industrials1.3%
Geography
- United States94.70%
- Switzerland1.39%
- Bermuda1.37%
- United Kingdom1.30%
- Ireland1.24%
RSPF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
RSPF$10,651
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RSPF |
|---|---|
| Year to date | +2.2% |
| 1 month | −4.2% |
| 3 months | −2.5% |
| 1 year | +6.5% |
| 3 years | +18.3% |
| 5 years | +6.6% |
| 10 years | +11.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RSPF |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | +10.2% | |
| 2024 | +25.7% | |
| 2023 | +6.4% | |
| 2022 | −10.7% | |
| 2021 | +36.4% | |
| 2020 | +5.6% |
RSPF in the news
RSPF Dividends
- 1.58%
- $1.25
- $0.29 per share
- Quarterly
Distribution history
RSPF Risk
- 16.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.87
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RSPF Cost
0.40%
RSPF0.40%
- The middle half of Financials (Broad) funds
- Median 0.37%
11 of the 18 Financials (Broad) funds charge less.
Other funds in Financials (Broad)
- BIAKiShares U.S. Insurance ETFExpense ratio 0.37%1 year return +10.4%
- BFXOFirst Trust Financials AlphaDEX FundExpense ratio 0.60%1 year return +12.0%
- CIYGiShares U.S. Financial Services ETFExpense ratio 0.37%1 year return +8.6%
- CIAIiShares U.S. Broker-Dealers & Securities Exchanges ETFExpense ratio 0.37%1 year return +5.5%
- CEUFNiShares MSCI Europe Financials ETFExpense ratio 0.49%1 year return +20.0%