- Business
- Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that seeks to track the performance of the S&P 500 Equal Weight Scored & Screened Leaders Select Index (formerly known as the S&P 500 Equal Weight ESG Leaders Select Index), investing at least 90% of its total assets in securities comprising the index; the index measures the equal-weighted performance of S&P 500 Equal Weight Index constituents that meet environmental, social, and governance (ESG) criteria, selecting the top 40% ESG scorers within each GICS industry group based on industry-specific questionnaires providing up to 1,000 data points per company, while maintaining similar overall industry group weights to the parent index. The fund holds approximately 187 securities, with top holdings including Intel Corp (0.72%), Western Digital Corp (0.67%), Paramount Skydance Corp (0.67%), Lam Research Corp (0.66%), and Micron Technology Inc (0.64%); sector allocations feature industrials (16.69%), information technology (15.77%), financials (15.55%), and health care (12.99%), with a net expense ratio of 0.20%, P/E ratio of 23.56, P/B ratio of 6.56, and weighted average market cap of $141.9 billion. RSPE trades on NYSE Arca, targets institutional and retail investors seeking ESG-integrated U.S. large-cap equity exposure with equal weighting to reduce concentration risk, and exhibits 98.34% geographic allocation to the United States.
Launched on November 17, 2021, and managed by Invesco Capital Management LLC—a subsidiary of Invesco Ltd., the independent global investment management firm founded in 1935 and headquartered at 1555 Peachtree Street NE in Atlanta, Georgia—RSPE forms part of Invesco's broad ETF suite that spans equities, fixed income, alternatives, and multi-asset strategies across more than 20 countries. Invesco Ltd., with over $1.8 trillion in assets under management as of late 2024, distributes products including actively managed funds, ETFs, closed-end funds, and real estate investments to individual, institutional, and advisor clients worldwide.
In a significant recent development effective after the close of business on February 10, 2025, the underlying S&P 500 Equal Weight ESG Leaders Select Index was renamed the S&P 500 Equal Weight Scored & Screened Leaders Select Index, with no changes to its methodology, composition, or ESG screening process; the fund and index continue quarterly rebalancing to reflect updated ESG scores derived from company questionnaires or public data. Invesco Ltd. has pursued strategic expansions in 2025, including real estate joint ventures such as the $1 billion multifamily investment program with Bozzuto targeting East Coast properties built post-2000 (announced July 2025 with initial $330 million deployment), acquisitions like a 99-unit UK forward-funding rental housing project in Chelmsford, Essex (March 2025), and acceleration of Iberian purpose-built student accommodation partnerships with Amro (November 2025), alongside Northern Virginia multifamily acquisitions; these moves enhance Invesco's alternative assets platform but do not directly impact RSPE operations. As of September 30, 2025, RSPE reports total net assets of approximately $25.90 million, a 30-day SEC yield of 1.68%, and year-to-date NAV performance of 10.54%.