How to Invest in Invesco S&P 500 Eql Wght ETF

By Robin Hartill, CFP – Updated Jun 5, 2025 at 1:09 PM | Fact-checked by Frank Bass

Key Points

Invesco S&P 500 Equal Weight ETF equally divides its investment among all S&P 500 stocks.
Equal weight strategy may offer growth by not over-concentrating in the largest S&P firms.
The ETF buys like any stock, using ticker RSP; it charges a 0.2% expense ratio.

The Invesco S&P 500 Equal Weight ETF (RSP +0.72%) offers a different take on a traditional S&P 500 ETF. The S&P 500 index is a market-cap-weighted index, which means each holding in the fund is weighted relative to its market capitalization, or the total value of its outstanding shares. Likewise, most S&P 500 index funds are market-cap-weighted. However, as the name suggests, each holding in the Invesco S&P 500 Equal Weight ETF is equally weighted.

Read on to learn how to invest in the Invesco S&P 500 Equal Weight ETF and find out whether this fund is right for your investment portfolio.

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NYSEMKT: RSP

Invesco S&P 500 Equal Weight ETF

Today's Change

(0.72%) $1.38

Current Price

$193.50

Key Data Points

Market Cap

$0B

Day's Range

$192.42 - $193.63

52wk Range

$150.35 - $195.47

Volume

3.3M

Avg Vol

Gross Margin

0.00%

Dividend Yield

N/A

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Exchange-Traded Fund (ETF)

An exchange-traded fund, or ETF, allows investors to buy many stocks or bonds at once.

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ETF Expense Ratio

Annual fee as a percentage of assets that an Exchange-Traded Fund charges investors for management and operational costs.

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Historical performance of the Invesco S&P 500 Eql Wght ETF

The Invesco S&P 500 Eql Wght ETF has generally underperformed the S&P 500 over time. Although past performance isn't a guarantee of future returns, it's important to consider historical returns before you make an investment decision. Below, you'll find the averaged annualized returns of the Invesco S&P 500 Eql Wght ETF as of June 5, 2025. For comparison, we've included the returns of the S&P 500 index.

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Historical returns of the Invesco S&P 500 Eql Wght ETF

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The bottom line on the Invesco S&P 500 Eql Wght ETF

The Invesco S&P 500 Eql Wght ETF could be a decent fit for you if you're concerned that a regular S&P 500 ETF is too heavily concentrated in a few giant tech stocks. But historically, the equal weighting methodology has produced lower returns than the S&P 500 index's market-cap-weighting system. If you're looking to diversify your stock holdings, consider investing in sector ETFs in industries that are underweighted in the index or gaining exposure to a broader mix of stocks through an ETF that invests in small- or mid-cap stocks.

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About the Author

Robin Hartill, CFP, is a contributing writer at The Motley Fool. Robin’s work has also been published by Yahoo Finance, USA Today, and Penny Hoarder. She is a graduate of the University of Florida.

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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Robin Hartill has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Walmart. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.