Invesco S&P 500 Equal Weight Financials ETF (RYF)
Invesco S&P 500 Equal Weight Financials ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $50.65, up 0.91% on the session, giving a market capitalisation of $278.4M. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund typically dedicates at least 90% of its total capital to the securities included in its benchmark index. This benchmark, known as the S&P 500® Financials Index, comprises the common stocks of all companies within the broader S&P 500® Index that are classified under the financials sector, adhering to the Global Industry Classification Standard (GICS) methodology.
Invesco S&P 500 Equal Weight Financials ETF is most often compared with the following Financial Services names: