Invesco S&P 500 Equal Weight Utilities ETFRSPU

Invesco’s RSPU ETF, which tracks the S&P 500 Equal Weight Utilities Index, reported $143 million in assets under management as of its latest SEC filing, with an average daily trading volume of 235,000 shares. The fund charges an expense ratio of 0.40%, higher than the 0.20% average for utilities sector ETFs, and holds 30 stocks with no single position exceeding 4%. Duke Energy (3.4%), NextEra Energy (3.3%), and Exelon (3.1%) dominate the top holdings, despite the fund’s “equal weight” branding.

The ETF’s mandate requires it to rebalance annually to maintain equal weighting, a process that incurs transaction costs not explicitly broken out in filings. While Invesco markets RSPU as a tool for “maximizing portfolio objectives,” its prospectus discloses potential tracking error risks due to dividend tax treatments and index adjustments. Liquidity remains constrained relative to larger utilities ETFs like XLU, which has $4.2 billion in AUM and trades 1.1 million shares daily.

No material news or earnings developments were disclosed in Invesco’s official newsroom or SEC filings for RSPU in July 2026. The fund’s fact sheet, last updated Q2 2026, highlights a 12-month trailing yield of 2.8% but does not specify dividend growth rates or sector-specific risks. Analysts note the absence of performance comparisons against benchmarks in recent filings, leaving investors to gauge returns solely through historical price data on Nasdaq’s RSPU page.

The fund’s tracking method-replicating the S&P 500 Equal Weight Utilities Index by holding every utility stock in the parent index but with equal weights-introduces idiosyncratic risk. Smaller-cap utilities, which constitute 40% of the basket, have shown higher volatility in 2026 amid rising bond yields. However, Invesco’s marketing materials do not address this tilt, instead emphasizing “broad exposure” and “risk diversification.”