Invesco S&P 500 Equal Weight Materials ETF
$37.66+0.29 (+0.78%)
- 0.40%
- $171M
- +20.2%
- 1.84%
- 0M sh
- $37.41
- low $30.98high $41.71
The ETF.net RSPM Grade
C
Score 43 out of 100
- 9 of 14
Score 43 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.D31 out of 100Rank 9 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 2 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 4 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 10 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 4 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 11 of 14
Our read on RSPM
CMaterials, cut into even slices. RSPM gives every materials stock in the S&P 500 the same weight, so the sector's smallest name counts as much as its largest, and it has run that way since 2006.
The fund tracks an index that equally weights stocks in the materials sector of the S&P 500® Index.
Why people hold it
- Equal weighting is the whole point: each S&P 500 materials name gets the same slice, so a few giant chemical and industrial-gas stocks do not set the tone.invesco.com
- The index resets holdings back toward equal weight instead of letting winners compound into outsized positions, which keeps the tilt toward the sector's smaller members intact.invesco.com
- Trading since 2006 on the same rulebook, through multiple commodity cycles. Distributions come quarterly.
- It stays on task: the portfolio tracks its equal-weight materials index closely rather than wandering into adjacent sectors.
Worth knowing
- At 0.40% a year it runs above the typical materials ETF, and cap-weighted rivals such as XLB and VAW charge a fraction of that for the same sector.
- Thinly traded and modest in size, so bid-ask spreads can be wider than on the sector's most heavily traded funds.
- Around two dozen stocks in one cyclical corner of the market, and equal weighting leans harder on the smaller names than a cap-weighted fund does.
RSPM Holdings
- Stocks
- 27
- 44%
- LIN
Sectors
- Materials74.9%
- Consumer Discretionary25.1%
Geography
- United States78.75%
- Ireland8.34%
- United Kingdom4.53%
- Switzerland4.26%
- Netherlands4.11%
Developed 100% · Emerging 0%
RSPM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
RSPM$12,019
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 | RSPM |
|---|---|
| Year to date | +11.1% |
| 1 month | −4.1% |
| 3 months | −2.6% |
| 1 year | +20.2% |
| 3 years | +9.2% |
| 5 years | +4.6% |
| 10 years | +10.5% |
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 | RSPM |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +6.9% | |
| 2024 | −1.3% | |
| 2023 | +8.3% | |
| 2022 | −10.0% | |
| 2021 | +31.2% | |
| 2020 | +22.9% |
RSPM in the news
RSPM Dividends
- 1.84%
- $0.69
- $0.18 per share
- Quarterly
Distribution history
RSPM Risk
- 17.1%
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.
- 0.29
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.
- −27.2%
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.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RSPM Cost
0.40%
RSPM0.40%
- The middle half of Materials (Broad) funds
- Median 0.37%
10 of the 14 Materials (Broad) funds charge less.
Other funds in Materials (Broad)
- CPSCMInvesco S&P SmallCap Materials ETFExpense ratio 0.29%1 year return +27.9%
- CPICKiShares MSCI Global Metals & Mining Producers ETFExpense ratio 0.39%1 year return +39.7%
- CTRUMVanEck Materials TruSector ETFExpense ratio 0.15%1 year return —
- DFXZFirst Trust Materials AlphaDEX FundExpense ratio 0.64%1 year return +31.4%
- DSLXVanEck Steel ETFExpense ratio 0.55%1 year return +45.8%