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

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The Invesco S&P 500 Equal Weight Energy ETF (RSPG - Free Report) was launched on November 1, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.

While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.

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. Energy - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 13, placing it in bottom 19%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $412.06 million, making it one of the larger ETFs attempting to match the performance of the Energy - Broad segment of the equity market. RSPG seeks to match the performance of the S&P 500 EQUAL WEIGHT ENERGY PLUS INDEX before fees and expenses.

The S&P 500 Equal Weight Energy Plus Index equally weights stocks in the energy sector of the S&P 500 Index.

Costs

Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.

Annual operating expenses for this ETF are 0.4%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 3.28%.

Sector Exposure and Top Holdings

It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

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

Looking at individual holdings, Valero Energy Corp (VLO) accounts for about 5.74% of total assets, followed by Baker Hughes Co (BKR) and Marathon Petroleum Corp (MPC).

The top 10 holdings account for about 51.12% of total assets under management.

Performance and Risk

The ETF return is roughly 2.99% and was up about 2.3% so far this year and in the past one year (as of 09/23/2025), respectively. RSPG has traded between $65.43 and $86.09 during this last 52-week period.

The ETF has a beta of 0.94 and standard deviation of 22.68% for the trailing three-year period. With about 22 holdings, it has more concentrated exposure than peers.

Alternatives

Invesco S&P 500 Equal Weight Energy ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, RSPG is a sufficient option for those seeking exposure to the Energy ETFs area of the market. Investors might also want to consider some other ETF options in the space.

Vanguard Energy ETF (VDE) tracks MSCI US Investable Market Energy 25/50 Index and the Energy Select Sector SPDR ETF (XLE) tracks Energy Select Sector Index. Vanguard Energy ETF has $7.25 billion in assets, Energy Select Sector SPDR ETF has $26.42 billion. VDE has an expense ratio of 0.09%, and XLE 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.


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