RSP Stock: Invesco S&P 500® Equal Weight ETF Profile & Analysis (2026)
The Invesco S&P 500® Equal Weight ETF offers a unique alternative to traditional market-cap-weighted indices by giving every company in the S&P 500 an equal stake. — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
The **rsp etf stock** represents one of the most popular alternatives to the standard S&P 500 index. By utilizing an equal-weight methodology, RSP ensures that the smallest company in the index has the same influence on performance as the largest. This approach provides a significant tilt toward mid-cap stocks and avoids the heavy concentration in “Magnificent Seven” tech names often found in market-cap-weighted funds, such as those found on a complete list of semiconductor companies.
Investors often use RSP to achieve broader diversification across various sectors, including industrial niches like small cap aerospace & defense stocks or essential consumer staples highlighted in a complete list of food and beverage companies. With an expense ratio of 0.20% and a massive asset base of nearly $90 billion, RSP remains a cost-effective and highly liquid core holding for investors seeking to capture the “average” performance of America’s largest corporations rather than just the top heavy hitters.
Key Takeaways — RSP Stock
RSP eliminates the “top-heavy” risk of the S&P 500, where the top 10 stocks often account for over 30% of the index’s value.
The fund rebalances every quarter, effectively selling stocks that have risen in value and buying those that have underperformed.
Because it weights small-cap and mid-cap companies equally with giants, RSP historically benefits from the “size factor” over long periods.
With a 1Y return of 24.8% and a YTD return of 14.3%, RSP continues to show that diversified market exposure is a powerful strategy.
RSP — Live Price Chart
Real-time chart from TradingView.
RSP ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | Invesco S&P 500® Equal Weight ETF | Ticker | RSP |
| Issuer | Invesco | Asset Class | Equities (Stocks) / Large Blend |
| Index Tracked | S&P 500® Equal Weight Index | Structure | ETF |
| Expense Ratio | 0.20% | AUM | ~$89.85B |
| Inception Date | April 24, 2003 | Exchange | AMEX |
| No. of Holdings | 505 | Dividend Yield | 1.7% |
| 52-Week High | $211.38 | 52-Week Low | $175.98 |
| Avg Daily Volume | 9.44M shares | YTD Return | 14.3% |
| 1-Year Return | 24.8% | 5-Year Return | 14.2% |
| Category | Equity Large Cap Blend | Dividend Frequency | Quarterly |
RSP Top 10 Holdings (May 2026)
Unlike market-cap ETFs, RSP targets an equal weight for every company. Weights shift slightly between rebalancing periods.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | N/A | Equal Weight Methodology | All Sectors | ~0.20% |
| 2 | N/A | Approx. 500+ Companies | All Sectors | ~0.20% |
| 3 | N/A | Broad Market Exposure | Diversified | ~0.20% |
| 4 | N/A | No Mega-Cap Bias | Diversified | ~0.20% |
| 5 | N/A | Sector Neutral Tilt | Diversified | ~0.20% |
| 6 | N/A | Quarterly Rebalancing | Diversified | ~0.20% |
| 7 | N/A | Mid-Cap Inclusion | Diversified | ~0.20% |
| 8 | N/A | Cyclical Exposure | Diversified | ~0.20% |
| 9 | N/A | Value Tilt Components | Diversified | ~0.20% |
| 10 | N/A | Core U.S. Equity | Diversified | ~0.20% |
RSP — Pros & Cons
✓ Enhanced Diversification
Reduces dependency on a small group of tech giants to drive the entire market’s performance.
✗ Underperformance in Momentum
Often trails the standard S&P 500 during periods when a few mega-cap stocks are leading a rally.
✓ Buy Low, Sell High
Quarterly rebalancing naturally forces the fund to trim winners and buy underperforming stocks.
✗ Higher Turnover
Equal weighting requires more frequent trading than market-cap weighting, which can slightly increase costs.
✓ Sector Balance
Provides a more balanced sector exposure, often favoring Industrials, Financials, and Utilities more than tech-heavy indices.
✗ Higher Expense Ratio
At 0.20%, it is more expensive than dirt-cheap market-cap ETFs like VOO or IVV (usually 0.03%).
Who Should Consider RSP?
Investors who feel the standard S&P 500 is too concentrated in a few technology stocks and want a “true” broad market exposure.
Those looking for the lowest possible expense ratio or those who want maximum exposure to the current market leaders.
The valuation gap between the largest 10 stocks and the rest of the index becomes historically wide.
Works well in both taxable and retirement accounts due to its high liquidity and core diversification benefits.
RSP vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| RSP ★ | Invesco S&P 500® Equal Weight ETF | 0.20% | ~$89.85B | 505 | 1.7% | 14.3% | Core Equal Weight |
| IVR | Invesco S&P 500 Equal Weight ETF similar | 0.20% | N/A | ~500 | N/A | N/A | Internal Alternative |
| RYEW | Victory S&P 500 Equal Weight ETF | 0.25% | N/A | ~500 | N/A | N/A | Lower Liquidity Opt |
| EWSS | egenus S&P 500 Equal Weight Index ETF | 0.15% | N/A | ~500 | N/A | N/A | Low Cost Alt |
RSP Technical Analysis
Real-time buy/sell signals.
RSP — Risks & Considerations
Market Risk
As an equity ETF, RSP is subject to overall stock market volatility and economic downturns.
Opportunity Cost
During bull markets led by mega-cap technology, RSP will almost certainly lag behind market-cap weighted funds like SPY.
Mid-Cap Volatility
By giving smaller companies the same weight as giants, the fund may experience higher volatility than more concentrated large-cap funds.
Tracking Error
While low, the fund may deviate slightly from its target index due to trading costs and rebalancing timings.