Skip to Content
ETFs

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

RSPD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 01 2006
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,836,968
AUM
$467,513,828
Associated Index
S&P 500 Equal Weight Consumer Discretionary Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

GRMN
Garmin Ltd
2.07%
BWA
BorgWarner Inc
2.06%
F
Ford Motor Co.
2.04%
POOL
Pool Corporation
2.02%
EBAY
EBay Inc.
2.01%
GM
General Motors Company
2.00%
YUM
Yum Brands Inc.
1.99%
TSLA
Tesla Inc
1.99%
DPZ
Dominos Pizza Inc
1.99%
SBUX
Starbucks Corp.
1.99%
Invest with RSPD

What is RSPD?

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (Fund) is based on the S&P 500 Equal Weight Consumer Discretionary Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the consumer discretionary sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

ETFs related toRSPD

ETFs correlated to RSPD include FXD, EUSA, SMOT

RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

RSPD is a US Equities ETF. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (Fund) is based on the S&P 500 Equal Weight Consumer Discretionary Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the consumer discretionary sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

RSPD tracks the S&P 500 Equal Weight Consumer Discretionary Index.

No, RSPD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RSPD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RSPD is -0.0352%. This is the percent change in the value of RSPD over the most recent 1-month period. The 3-month return on RSPD is -0.0422%. This is the percent change in the value of RSPD over the most recent 3-month period.

The standard deviation of RSPD for the past year is 0.2144%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RSPD include XLI, XLY, and XLV.

ETFs correlated to RSPD include FXD, EUSA, and SMOT.

ETFs that are inversely correlated to RSPD include HIBS, SRTY, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.