What is RSP?

RSP tracks an equal-weighted index of S&P 500 companies.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RSP -5.20% -1.47% -1.45% -10.06% 22.40% 9.31% 10.74%
RSP (NAV) -5.22% -1.50% -1.48% -10.08% 22.35% 9.30% 10.74%
S&P 500 Equal Weight Index -5.20% -1.46% -1.44% -9.93% 22.60% 9.48% 11.04%
MSCI USA Large Cap Index 1.09% 4.81% 4.92% -11.00% 19.07% 11.18% 12.15%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RSP Factset Analytics Insight

Probably one of the best-known equal-weighted ETFs, 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 Summary Data

Invesco
04/24/03
0.20%
$32.58B
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

+$0.11B 5 Days
-$0.76B 30 Days
+$1.69B 90 Days

RSP Portfolio Data

$71.71B
18.09
3.02
1.88%
N/A
505

RSP Index Data

Equal
Committee
MSCI USA Large Cap Index

RSP Portfolio Management

0.20%
-0.17%
-0.15%
-0.37%

RSP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RSP Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

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

3,516,086
$512.07M
2,947,540
$437.06M
0.01%
$0.01
0.01%
0.13% / -0.09%
None
100.00%
50,000
58.95
0.03%
0.01%
20,601
$138.50
5

RSP Sector/Industry Breakdown

RSP Segment
Benchmark
17.24% --
10.58% --
9.52% --
9.41% --
6.21% --
6.15% --
6.10% --
5.62% --
4.96% --
4.70% --

RSP Top 10 Holdings

0.37%
2.45%

RSP Performance Statistics

0.94
0.93
0.97
0.93
0.38%
MSCI USA Large Cap Index

RSP Countries

RSP Segment
Benchmark
100.00% 99.89%
-- 0.11%

RSP Regions

RSP Segment
Benchmark
100.00% 100.00%

RSP Economic Development

RSP Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

RSP Benchmark Comparison Holdings

505
297
269
42.61%

RSP Benchmark Comparison Summary

RSP Segment
Benchmark
505 297
$71.71B $504.17B
18.09 20.72
3.02 4.32
1.78% 1.55%
Low Low

RSP Benchmark Comparison Market Cap Size

RSP Segment
Benchmark
87.86% 100.00%
12.13% 0.00%
0.00% 0.00%
0.00% 0.00%