| Range: | 31.2-37.85 | Vol Avg: | 17384 | Last Div: | 0.68 | Changes: | 0.21 |
| Beta: | 1.2 | Cap: | 0.28B | Currency: | USD | Exchange: | NYSE |
| Sector: | Financial Services | IPO: | Tue Nov 07 2006 | Empoloyees: | |||
| CUSIP: | CIK: | ISIN: | US46137V3160 | Country: | US | ||
RSPM 0.00 Stock Price Invesco S&P 500® Equal Weight Materials ETF
RSPM differentiates itself by using an equal-weighting strategy, which only includes basic materials companies in the S&P 500. Smaller companies have the same weighting as giants, tilting the whole fund to midcaps. Perhaps surprisingly, this does not increase RSPM's portfolio volatility. In short, investors who want to make a less-concentrated bet on the most liquid basic materials firms can do so with confidence in RSPM. The index is rebalanced on a quarterly basis. Prior to June 7, 2023, the fund traded under the ticker RTM.
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