Invesco S&P 500 Equal Weight Financials ETF (RSPF)
Invesco S&P 500 Equal Weight Financials ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $84.54, up 0.14% on the session, giving a market capitalisation of $290.9M. Its beta of 0.86 implies it has historically moved less than the broad market.
The Invesco S&P 500 Equal Weight Financials ETF is structured to replicate the performance of the S&P 500 Equal Weight Financials Index. This fund dedicates at least 90% of its total assets to investing in the common shares that make up its underlying index. The index itself assigns an identical weighting to each constituent company within the financial sector of the broader S&P 500. Both the ETF and its benchmark index undergo rebalancing adjustments every three months.
Invesco S&P 500 Equal Weight Financials ETF is most often compared with the following Financial Services names: