RSP

Guggenheim S&P 500 Equal Weight ETF
A

72
  • Overview
  • Efficiency
  • Tradability
  • Fit

RSP Fund Description

The Guggenheim S&P 500 Equal Weight ETF tracks an equal-weighted index of S&P 500 companies.

RSP Factset Analytics Insight

Probably the best-known equal-weighted ETF, RSP simply takes all the stocks in the S&P 500 and weights them equally. Equal weighting greatly increases the footprint of smaller S&P 500 stocks (many of which we consider to be midcaps), which results in higher beta for the portfolio. However, equal weighting also lowers concentration, reducing blow-up risk from any one name. While one should expect some sector biases here as well, RSP does not equal-weight sectors as some peer equal-weight ETFs do. Quarterly rebalancing implements the contrarian theme baked into all equal-weight plays: sell winners and buy losers.
RSP charges more than most plain-vanilla funds, but its fee (cut in half in June 2017) is significantly lower than many alt-weighted peers. Strong tracking and excellent liquidity keep real-world, round-trip costs low. The fund has hefty AUM and a long history.

RSP MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 22, 2018 the Guggenheim S&P 500 Equal Weight ETF MSCI ESG Fund Quality Score is 4.84 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. RSP ranks in the 30th percentile within its peer group and in the 27th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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RSP Top 10 Countries

RSP Top 10 Sectors

RSP Top 10 Holdings View All

RSP Summary Data

Guggenheim
04/24/03
Open-Ended Fund
0.20%
$14.81B
$83.72M
0.01%

RSP Portfolio Data

$48.55B
30.36
2.90
1.52%
03/16/18
499

RSP Index Data

Equal
Committee
MSCI USA Large Cap

Related ETFs to RSP

EQAL, EQL, EQWL, GSEW, OEW
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

RSP Portfolio Management

0.20%
-0.42%
-0.32%
-0.53%

RSP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RSP Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

RSP Factset Analytics Block Liquidity

As of 02/23/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RSP. RSP is rated a 5 out of 5.

RSP Tradability

822,360
$83.72M
610,269
$64.64M
0.01%
$0.01
0.00%
0.07% / -0.05%
None
100.00%
50,000
12.21
0.04%
0.01%
2,494
$100.95
5

RSP Sector/Industry BreakdownView All

RSPSegment Benchmark
16.53% 19.20%
12.47% 17.08%
9.51% 13.67%
25.31% 12.83%
13.81% 11.30%
6.28% 6.45%
1.53% 5.22%
2.41% 5.20%

RSP Geographic Exposure

RSPSegment Benchmark
100.00% 100.40%

RSPSegment Benchmark
100.00% 100.40%
0.00% / 0.00% 0.00% / 0.00%

RSP Performance Statistics

0.91
0.94
0.94
0.93
0.18%
MSCI USA Large Cap

RSP MSCI ESG Ratings

4.84 / 10
30.38
27.23
9.00%
5.90%
296.20

RSP BENCHMARK COMPARISON

    RSP
    499 Holdings
    Segment Benchmark
    300 Constituents
    Shared Holdings
    289 (Count)
     
    45.75% (Weight)
RSPSegment Benchmark
214.98 B 48.55 B
99.77% 74.42%
0.11% 25.58%
0.00% 0.00%
0.00% 0.00%
1.84% 1.76%