Invesco S&P Financials Revenue ETF (RWW)
Invesco S&P Financials Revenue ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $71.00, down 0.07% on the session, giving a market capitalisation of $35.9M. Its beta of 1.21 implies it has historically moved more than the broad market.
This Invesco fund's primary objective is to replicate, before accounting for fees and expenses, the performance of the S&P 500® Financials Sector Revenue-Weighted Index. To achieve this, it typically allocates at least 90% of its total assets to the constituent securities of that benchmark. The underlying index itself consists of financial sector companies drawn from the broader S&P 500® Index, with component weightings determined by their revenue. It operates as a non-diversified fund.
Invesco S&P Financials Revenue ETF is most often compared with the following Financial Services names: