Invesco S&P 500 Equal Weight Materials ETF
$38.66−0.15 (−0.39%)
- Expense ratio
- 0.40%
- Fund size
- $176M
- 1Y return
- +20.1%
- Yield · Last 12 months
- 1.77%
- Holdings
- 26
- Volume · 30D
- 0M sh
- NAV per share
- $38.24
- 52W range
The ETF.net RSPM Grade
Score 43 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 31Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 75Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 36Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 42Category rank
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
- 26
- 45%
- NEM
Sectors
- Materials74.3%
- Consumer Discr.25.7%
Geography
- United States80.80%
- Ireland7.76%
- Switzerland4.24%
- Netherlands3.77%
- United Kingdom3.44%
RSPM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +15.4% |
| 1 month | −5.7% |
| 3 months | −0.3% |
| 1 year | +20.1% |
| 3 years | +10.2% |
| 5 years | +6.1% |
| 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 | +15.4% | |
| 2025 | +6.9% | |
| 2024 | −1.3% | |
| 2023 | +8.3% | |
| 2022 | −10.0% | |
| 2021 | +31.2% | |
| 2020 | +22.9% |
RSPM in the news
ETF.net Research hasn’t filed on RSPM yet — coverage lands here as it’s written.
RSPM Dividends
- 1.77%
- $0.69
- $0.18 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.18 |
| Jun 22, 2026 | Jun 26, 2026 | $0.27 |
| Mar 23, 2026 | Mar 27, 2026 | $0.06 |
| Dec 22, 2025 | Dec 26, 2025 | $0.17 |
| Sep 22, 2025 | Sep 26, 2025 | $0.18 |
| Jun 23, 2025 | Jun 27, 2025 | $0.17 |
| Mar 24, 2025 | Mar 28, 2025 | $0.18 |
| Dec 23, 2024 | Dec 27, 2024 | $0.17 |
| Sep 23, 2024 | Sep 27, 2024 | $0.17 |
| Jun 24, 2024 | Jun 28, 2024 | $0.16 |
| Mar 18, 2024 | Mar 22, 2024 | $0.16 |
| Dec 18, 2023 | Dec 22, 2023 | $0.18 |
RSPM 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.
- 0.36
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
- The middle half of Materials (Broad) funds
- Median 0.37%
10 of the 14 Materials (Broad) funds charge less.