Invesco S&P 500® Equal Weight Energy ETF company info

What does Invesco S&P 500® Equal Weight Energy ETF do?
Invesco S&P 500® Equal Weight Energy ETF (NYSEARCA:RSPG) is an exchange-traded fund specializing in the energy sector, aiming to replicate the performance of the S&P 500 Equal Weight Energy Index. This ETF diversifies its investments across various companies within the energy space, focusing on an equal weight approach which tends to offer a more balanced exposure to the sector as opposed to market-cap weighted strategies. This approach can potentially provide investors with a more stable investment option within the volatile energy market. Invesco S&P 500® Equal Weight Energy ETF's objective is to deliver investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Equal Weight Energy Index, thereby offering investors a comprehensive way to gain exposure to the U.S. energy industry.
Invesco S&P 500® Equal Weight Energy ETF company media
Company Snapshot

Is Invesco S&P 500® Equal Weight Energy ETF a public or private company?

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Ownership
Public

How many people does Invesco S&P 500® Equal Weight Energy ETF employ?

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Employees
5,026

What sector is Invesco S&P 500® Equal Weight Energy ETF in?

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Sector
ETF

Where is the head office for Invesco S&P 500® Equal Weight Energy ETF?

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Head Office
Atlanta, United States

What year was Invesco S&P 500® Equal Weight Energy ETF founded?

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Year Founded
2006
What does Invesco S&P 500® Equal Weight Energy ETF specialise in?
/Equal Weighting /Energy Sector /Investment Management /Financial Services /Diversification Strategy /Portfolio Management

What are the products and/or services of Invesco S&P 500® Equal Weight Energy ETF?

Overview of Invesco S&P 500® Equal Weight Energy ETF offerings
Tracks an Equal-Weight Index: RSPG tracks the S&P 500® Equal Weight Energy Plus Index. Unlike traditional market capitalization-weighted indexes where larger companies have a bigger influence, this index assigns an equal weight to each of the energy companies within the S&P 500 Index.
Exposure to Energy Sector: The fund focuses on companies within the energy sector of the S&P 500. This offers targeted investment in exploration, production, refining, marketing, and transportation of oil and gas, as well as companies that offer oil and gas equipment and services.
Equal Weighting of Holdings: Each company within the energy sector receives an equal allocation in the ETF, reducing the influence of any single large company on the fund's performance and potentially offering a more balanced exposure across the sector.
Diversification Within Energy: By holding a basket of energy companies, RSPG offers diversification within this sector, reducing concentration risk on the performance of any single company.
Passive Management: RSPG likely tracks the index passively. This means the holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed funds.
Potential for Capital Appreciation: The value of RSPG can potentially grow over time as the underlying energy companies' stock prices increase. The price of energy commodities can fluctuate, impacting the holdings within the ETF.