We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. The following text is from July 11, 2023. Invesco S&P 500 Equal Weight constructs a portfolio of equal-weighted U.S. large caps for a low fee. This approach tilts the portfolio toward mid-cap stocks and requires high turnover compared with market-cap weighting, increasing transaction costs and adding to its volatility.
Invesco S&P 500® Equal Weight ETF RSP
Morningstar’s Analysis RSP
Will RSP outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
First Solar Inc | 0.34 | 184.1 Mil | Technology |
NVIDIA Corp | 0.30 | 163.3 Mil | Technology |
Micron Technology Inc | 0.29 | 156.8 Mil | Technology |
Teradyne Inc | 0.28 | 148.0 Mil | Technology |
Moderna Inc | 0.27 | 147.1 Mil | Healthcare |
Broadcom Inc | 0.27 | 144.2 Mil | Technology |
NRG Energy Inc | 0.26 | 140.2 Mil | Utilities |
3M Co | 0.26 | 137.3 Mil | Industrials |
Constellation Energy Corp | 0.26 | 136.9 Mil | Utilities |
NextEra Energy Inc | 0.26 | 136.9 Mil | Utilities |