What is RSP?

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

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RSP -6.81% -2.31% -2.28% -9.78% 26.24% 9.13% 10.65%
RSP (NAV) -6.79% -2.29% -2.26% -9.74% 26.18% 9.13% 10.65%
S&P 500 Equal Weight Index -6.78% -2.25% -2.23% -9.58% 26.43% 9.32% 10.95%
MSCI USA Large Cap Index -0.54% 4.28% 4.39% -10.10% 22.40% 11.08% 12.10%
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%
$32.84B
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.19B 5 Days
-$0.40B 30 Days
+$1.93B 90 Days

RSP Portfolio Data

$71.71B
18.09
3.02
1.89%
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 03/24/23

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

3,426,491
$500.23M
2,886,410
$435.40M
0.01%
$0.01
0.01%
0.13% / -0.09%
None
100.00%
50,000
57.73
0.03%
0.01%
20,343
$137.40
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%