Is Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) a Strong ETF Right Now?

Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is a smart beta exchange traded fund offering broad exposure to the Consumer Staples ETFs category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency.On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics.This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.Fund Sponsor & IndexManaged by Invesco, RSPS has amassed assets over $256.26 million, making it one of the average sized ETFs in the Consumer Staples ETFs. Before fees and expenses, this particular fund seeks to match the performance of the S&P 500 EQL WEIGHT CONSUMER STAPLES INDX.The S&P 500 Equal Weight Consumer Staples Index equally weights stocks in the consumer staples sector of the S&P 500 Index.Cost & Other ExpensesFor ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same.Operating expenses on an annual basis are 0.40% for RSPS, making it on par with most peer products in the space.It has a 12-month trailing dividend yield of 0.75%.Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.For RSPS, it has heaviest allocation in the Consumer Staples sector --about 100% of the portfolio.Looking at individual holdings, Estee Lauder Cos Inc/the (EL) accounts for about 3.28% of total assets, followed by Archer-daniels-midland Co (ADM) and J M Smucker Co/the (SJM).Its top 10 holdings account for approximately 28.11% of RSPS's total assets under management.Performance and RiskYear-to-date, the Invesco S&P 500 Equal Weight Consumer Staples ETF has added about 1.54% so far, and is down about -1.47% over the last 12 months (as of 07/29/2025). RSPS has traded between $28.68 and $32.71 in this past 52-week period. The fund has a beta of 0.52 and standard deviation of 12.94% for the trailing three-year period. With about 40 holdings, it has more concentrated exposure than peers .AlternativesInvesco S&P 500 Equal Weight Consumer Staples ETF is a reasonable option for investors seeking to outperform the Consumer Staples ETFs segment of the market. However, there are other ETFs in the space which investors could consider.Vanguard Consumer Staples ETF (VDC) tracks MSCI US Investable Market Consumer Staples 25/50 Index and the Consumer Staples Select Sector SPDR ETF (XLP) tracks Consumer Staples Select Sector Index. Vanguard Consumer Staples ETF has $7.57 billion in assets, Consumer Staples Select Sector SPDR ETF has $15.87 billion. VDC has an expense ratio of 0.09% and XLP changes 0.08%.Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Consumer Staples ETFsBottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.Boost Your Portfolio with Our Top ETF InsightsZacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week.Don’t miss out on this valuable resource. It’s free!Get it now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS): ETF Research ReportsThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks