RSP — Invesco S&P 500 Equal Weight ETF
US Large Cap Blend Ranked #85 of 458 tracked ETFs · Issued by Invesco
RSP Price Performance — Growth of $10,000
Value of a $10,000 investment in RSP over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
RSP Drawdown
The "underwater" chart: RSP's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in RSP?
See what a lump sum in RSP would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Invesco S&P 500 Equal Weight ETF (RSP) is a US Large Cap Blend fund, issued by Invesco. It holds an overall rank of #85 among 458 tracked ETFs across all categories, indicating a moderate position in the market. The fund has an expense ratio of 0.2%, which is relatively low, and a dividend yield of 0.91%, providing a modest income stream for investors. With a price of $221.67 and an AUM of $97.3B, the fund is positioned at a higher end of the market, suggesting significant investor adoption and a substantial asset base.
Over the past year, the fund has shown a strong performance with a return of +20.82%, outpacing its closest peers FNDX (+30.51%) and AVUS (+26.43%) in the same category. The 1-month return of +4.60% and the 3-month return of +8.70% indicate a steady upward trend, while the 1-year return of +20.82% suggests a more pronounced growth. The 3-year return of +56.99% further supports a long-term positive performance, with the 1-day return of +0.63% and the 1-week return of -0.49% showing some short-term volatility but overall stability.
The Invesco S&P 500 Equal Weight ETF (RSP) is labeled as having low volatility, with a beta of 0.84, indicating that it is less sensitive to market movements compared to the broader market. The Sharpe ratio of 1.35 suggests that the fund provides a good risk-adjusted return, meaning that the returns are relatively high compared to the level of risk taken. The maximum drawdown of -17.81% indicates that the fund has experienced a significant decline in value at one point, but it has since recovered. This combination of low volatility, a high Sharpe ratio, and a moderate drawdown suggests that the fund is well-suited for investors seeking a balanced approach with a focus on stability and long-term growth, while still providing some protection against market downturns.
AI-generated summary based on the data on this page.
RSP Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Invesco Private Prime Fund | 2.85% | $2.50B |
| 2 | Invesco Private Government Fund | 1.06% | $931M |
| 3 | Intel Corp. | 0.38% | $332M |
| 4 | Seagate Technology Holdings PLC | 0.34% | $295M |
| 5 | Advanced Micro Devices, Inc. | 0.33% | $292M |
| 6 | ON Semiconductor Corp. | 0.33% | $287M |
| 7 | Sandisk Corp. | 0.32% | $282M |
| 8 | Western Digital Corp. | 0.31% | $273M |
| 9 | Ciena Corp. | 0.30% | $262M |
| 10 | Monolithic Power Systems, Inc. | 0.29% | $254M |
Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 6.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how RSP's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With RSP
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with RSP's top 10 — PBW overlaps most, holding 3 of the same companies as RSP's top 10 (4.2% of RSP's assets).
| ETF | Name | Shared Companies | RSP Weight | Examples |
|---|---|---|---|---|
| PBW | Invesco WilderHill Clean Energy ETF | 3 | 4.2% | Invesco Private Prime Fund, Invesco Private Government Fund, Monolithic Power Systems, Inc. |
| VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | 3 | 1.0% | Intel Corp., Advanced Micro Devices, Inc., Western Digital Corp. |
| TAN | Invesco Solar ETF | 2 | 3.9% | Invesco Private Prime Fund, Invesco Private Government Fund |
| RPV | Invesco S&P 500 Pure Value ETF | 2 | 3.9% | Invesco Private Prime Fund, Invesco Private Government Fund |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 2 | 3.9% | Invesco Private Prime Fund, Invesco Private Government Fund |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What RSP's Fees Cost You
RSP charges an expense ratio of 0.20% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
RSP Dividend Income Estimator
RSP currently yields 0.91%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
See it in a portfolio
RSP isn't one of the twelve funds in the portfolio game, but SPY — US Large Cap — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.
Free, no sign-up, virtual money only.
RSP Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.26% and average daily volume is 8.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $97.3B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: RSP is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
RSP Performance History
| Period | Return |
|---|---|
| 1-Day | +0.63% |
| 1-Week | -0.49% |
| 1-Month | +4.60% |
| 3-Month | +8.70% |
| 6-Month | +9.50% |
| YTD | +15.88% |
| 1-Year | +20.82% |
| 3-Year | +56.99% |
How RSP Compares to Other US Large Cap Blend ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #8 | B+ |
FNDX | Schwab Fundamental U.S. Large Company ETF | +30.51% | 0.25% | $26.8B |
| #38 | B+ |
AVUS | Avantis US Equity ETF | +26.43% | 0.15% | $13.9B |
| #40 | B+ |
VOO | Vanguard S&P 500 ETF | +21.39% | 0.03% | $1687B |
| #43 | B+ |
IVV | iShares Core S&P 500 ETF | +21.41% | 0.03% | $869B |
| #45 | B+ |
VTI | Vanguard Morningstar Total Stock Market ETF | +21.93% | 0.03% | $2290B |
| #46 | B |
DFAC | Dimensional U.S. Core Equity 2 ETF | +24.07% | 0.17% | $47.9B |
| #49 | B |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | +21.84% | 0.03% | $94.3B |
| #52 | B |
SPY | State Street SPDR S&P 500 ETF Trust | +21.33% | 0.0945% | $795B |
| #63 | B |
VV | Vanguard Morningstar Large-Cap ETF | +21.12% | 0.03% | $74.0B |
| #66 | B |
SCHB | Schwab U.S. Broad Market ETF | +21.74% | 0.03% | $43.3B |
| #69 | B |
SCHX | Schwab U.S. Large-Cap ETF | +20.95% | 0.03% | $71.8B |
| #83 | B |
SPTM | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | +21.62% | 0.03% | $13.6B |
| #85 | B |
RSP | Invesco S&P 500 Equal Weight ETF | +20.82% | 0.2% | $97.3B |
| #92 | B |
DFUS | Dimensional U.S. Equity Market ETF | +21.92% | 0.09% | $20.9B |
| #95 | B |
IWB | iShares Russell 1000 ETF | +21.05% | 0.15% | $48.3B |
| #110 | B |
IWV | iShares Russell 3000 ETF | +21.64% | 0.2% | $19.6B |
| #112 | B |
VONE | Vanguard Russell 1000 Index Fund ETF Shares | +21.15% | 0.06% | $11.5B |
| #119 | B |
VTHR | Vanguard Russell 3000 Index Fund ETF Shares | +21.82% | 0.06% | $6.10B |
| #152 | B |
ILCB | iShares Morningstar U.S. Equity ETF | +21.32% | 0.03% | $1.27B |