Invesco S&P 500 Equal Weight Materials ETF (RTM)
Invesco S&P 500 Equal Weight Materials ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $156.86, up 0.96% on the session, giving a market capitalisation of $303.2M. Its beta of 1.13 implies it has historically moved more than the broad market.
This fund generally dedicates a significant portion, specifically at least 90% of its total holdings, to the securities that form its benchmark index. This underlying index is structured to completely replicate the S&P 500® Materials Index. The S&P 500® Materials Index itself encompasses the common shares of every company listed within the broader S&P 500® Index that operates within the materials sector, as classified by the Global Industry Classification Standard (GICS).
Invesco S&P 500 Equal Weight Materials ETF is most often compared with the following Financial Services names: