Invesco S&P 500® Equal Weight Health Care ETF company info

What does Invesco S&P 500® Equal Weight Health Care ETF do?
Invesco S&P 500® Equal Weight Health Care ETF (NYSE:RSPH) focuses on creating a diversified portfolio by investing equally across the healthcare sector of the S&P 500. This approach avoids overconcentration in any single stock, aiming to provide investors with a broad exposure to the healthcare industry. The ETF's investments span pharmaceuticals, biotechnology, healthcare equipment, and services, targeting growth through a balance of large-cap healthcare companies. With a strategy designed to replicate the performance of the S&P 500 Equal Weight Health Care Index, RYH seeks to offer a unique take on healthcare investing by equalizing the weight of its components. This method intends to reduce risk and potentially enhance returns by not being overly dependent on the performance of a few large companies.
Invesco S&P 500® Equal Weight Health Care ETF company media
Company Snapshot

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

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Ownership
Public

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

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Employees
5,004

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

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Sector
ETF

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

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Head Office
Atlanta, United States

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

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Year Founded
2006
What does Invesco S&P 500® Equal Weight Health Care ETF specialise in?
/Healthcare Investing /Equal Weighting /Exchange Traded Fund /Sector-oriented /Passive Management /Long-term Growth

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

Overview of Invesco S&P 500® Equal Weight Health Care ETF offerings
Exposure to S&P 500® Equal Weight Health Care Index: The ETF tracks the S&P 500® Equal Weight Health Care Index. This index, unlike traditional market capitalization-weighted indexes, assigns an equal weight to each of the constituent companies in the healthcare sector of the S&P 500 Index.
Equal Investment Weighting: Instead of following the traditional approach where larger companies by market value have a more significant influence, RSPH gives all companies within the healthcare sector of the S&P 500 an equal weighting. This offers exposure to potentially high-growth smaller companies within the healthcare space.
Diversification Across Healthcare Sub-Industries: By including a variety of companies in the healthcare sector, the ETF offers diversification across different sub-industries such as pharmaceuticals, biotechnology, medical devices, and healthcare services.
Passive Management: The ETF passively tracks the underlying index. It doesn't attempt to actively select or outperform individual healthcare stocks based on predictions or market timing. This typically results in lower fees compared to actively managed healthcare ETFs.
Potential for Long-Term Growth: The healthcare sector is generally considered a growth sector due to the ongoing demand for medical products and services. RSPH offers the potential to benefit from this long-term growth trend.
Exchange-Traded: Shares of RSPH trade on a stock exchange like any other stock, offering high liquidity. Investors can easily buy and sell shares throughout the trading day for flexible portfolio management.