Invesco S&P 500 Equal Weight Utilities ETF (RYU)
Invesco S&P 500 Equal Weight Utilities ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $109.80, up 0.58% on the session, giving a market capitalisation of $375.1M. Its beta of 0.60 implies it has historically moved less than the broad market.
This fund is designed to allocate a substantial portion—typically at least 90%—of its total capital towards the investments that make up its reference index. That benchmark is structured to precisely mirror every component of the S&P 500® Utilities Plus Index. The S&P 500® Utilities Plus Index, in turn, comprises the common stock of all corporations found within the broader S&P 500® Index that are identified as belonging to the utilities industry, following the criteria established by the Global Industry Classification Standard (GICS).
Invesco S&P 500 Equal Weight Utilities ETF is most often compared with the following Financial Services names: