Back to top

Image: Bigstock

Should You Invest in the Invesco S&P 500 Equal Weight Utilities ETF (RSPU)?

Read MoreHide Full Article

Designed to provide broad exposure to the Utilities - Broad segment of the equity market, the Invesco S&P 500 Equal Weight Utilities ETF (RSPU - Free Report) is a passively managed exchange traded fund launched on November 1, 2006.

Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.

Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Utilities - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 7, placing it in top 44%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $462.71 million, making it one of the average sized ETFs attempting to match the performance of the Utilities - Broad segment of the equity market. RSPU seeks to match the performance of the S&P 500 EQUAL WEIGHT UTILITIES PLUS INDX before fees and expenses.

The S&P 500 Equal Weight Utilities Plus Index equally weights the common stocks of all companies included in the S&P 500 Index that are classified as members of the utilities sector.

Costs

When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

Annual operating expenses for this ETF are 0.4%, making it on par with most peer products in the space.

It has a 12-month trailing dividend yield of 3.09%.

Sector Exposure and Top Holdings

ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Utilities sector -- about 100% of the portfolio.

Looking at individual holdings, Vistra Corp (VST) accounts for about 3.61% of total assets, followed by Aes Corp/the (AES) and Edison International (EIX).

The top 10 holdings account for about 33.65% of total assets under management.

Performance and Risk

The ETF has gained about 15.26% so far this year and is up roughly 12.91% in the last one year (as of 09/23/2025). In that past 52-week period, it has traded between $64.45 and $76.68.

The ETF has a beta of 0.59 and standard deviation of 17.17% for the trailing three-year period. With about 32 holdings, it has more concentrated exposure than peers.

Alternatives

Invesco S&P 500 Equal Weight Utilities ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. RSPU, then, is not the best option for investors seeking exposure to the Utilities/Infrastructure ETFs segment of the market. Instead, there are better ETFs in the space to consider.

Vanguard Utilities ETF (VPU) tracks MSCI US Investable Market Utilities 25/50 Index and the Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $7.56 billion in assets, Utilities Select Sector SPDR ETF has $20.93 billion. VPU has an expense ratio of 0.09%, and XLU charges 0.08%.

Bottom Line

To 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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Invesco S&P 500 Equal Weight Utilities ETF (RSPU) - free report >>

Published in