Is Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?

Designed to provide broad exposure to the Financials ETFs category of the market, the Invesco S&P 500 Equal Weight Financials ETF (RSPF) is a smart beta exchange traded fund launched on 11/01/2006.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.A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies.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.The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns.Fund Sponsor & IndexBecause the fund has amassed over $309.94 million, this makes it one of the average sized ETFs in the Financials ETFs. RSPF is managed by Invesco. This particular fund, before fees and expenses, seeks to match the performance of the S&P 500 EQUAL WEIGHT FINANCIALS INDEX .The S&P 500 Equal Weight Financials Index equally weights stocks in the financial sector of the S&P 500 Index.Cost & Other ExpensesInvestors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.Operating expenses on an annual basis are 0.40% for this ETF, which makes it on par with most peer products in the space.RSPF's 12-month trailing dividend yield is 1.18%.Sector Exposure and Top HoldingsMost ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings.Representing 100% of the portfolio, the fund has heaviest allocation to the Financials sector.When you look at individual holdings, Invesco Ltd (IVZ) accounts for about 1.6% of the fund's total assets, followed by Morgan Stanley (MS) and Goldman Sachs Group Inc/the (GS).The top 10 holdings account for about 15.29% of total assets under management.Performance and RiskThe ETF return is roughly 10.14% and was up about 7.82% so far this year and in the past one year (as of 12/18/2025), respectively. RSPF has traded between $63.23 and $79.07 during this last 52-week period. RSPF has a beta of 0.93 and standard deviation of 16.76% for the trailing three-year period. With about 77 holdings, it effectively diversifies company-specific risk .AlternativesInvesco S&P 500 Equal Weight Financials ETF is a reasonable option for investors seeking to outperform the Financials ETFs segment of the market. However, there are other ETFs in the space which investors could consider.Vanguard Financials ETF (VFH) tracks MSCI US Investable Market Financials 25/50 Index and the State Street Financial Select Sector SPDR ETF (XLF) tracks Financial Select Sector Index. Vanguard Financials ETF has $13.29 billion in assets, State Street Financial Select Sector SPDR ETF has $53.84 billion. VFH has an expense ratio of 0.09% and XLF 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 Financials 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 Financials ETF (RSPF): 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