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

Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs category of the market.What Are Smart Beta ETFs?For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns.However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns.Fund Sponsor & IndexThe fund is managed by Invesco, and has been able to amass over $670.24 million, which makes it one of the average sized ETFs in the Industrials ETFs. RSPN, before fees and expenses, seeks to match the performance of the S&P 500 EQUAL WEIGHT INDUSTRIALS INDEX .The S&P 500 Equal Weight Industrials Index equally weights stocks in the industrials sector of the S&P 500 Index.Cost & Other ExpensesWhen considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal.Annual operating expenses for RSPN are 0.40%, which makes it one of the cheaper products in the space.It's 12-month trailing dividend yield comes in at 0.99%.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.This ETF has heaviest allocation in the Industrials sector - about 100% of the portfolio.When you look at individual holdings, Caterpillar Inc (CAT) accounts for about 1.65% of the fund's total assets, followed by Jb Hunt Transport Services Inc (JBHT) and Ch Robinson Worldwide Inc (CHRW).Its top 10 holdings account for approximately 14.79% of RSPN's total assets under management.Performance and RiskSo far this year, RSPN has added roughly 12.13%, and is up about 5.15% in the last one year (as of 12/10/2025). During this past 52-week period, the fund has traded between $43.34 and $56.63.RSPN has a beta of 1.07 and standard deviation of 16.55% for the trailing three-year period. With about 82 holdings, it effectively diversifies company-specific risk .AlternativesInvesco S&P 500 Equal Weight Industrials ETF is a reasonable option for investors seeking to outperform the Industrials ETFs segment of the market. However, there are other ETFs in the space which investors could consider.Vanguard Industrials ETF (VIS) tracks MSCI US Investable Market Industrials 25/50 Index and the Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. Vanguard Industrials ETF has $6.31 billion in assets, Industrial Select Sector SPDR ETF has $24.78 billion. VIS has an expense ratio of 0.09% and XLI 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 Industrials 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 Industrials ETF (RSPN): 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