Back to top

Image: Bigstock

Should You Invest in the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS)?

Read MoreHide Full Article

Looking for broad exposure to the Consumer Staples - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS - Free Report) , 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. Consumer Staples - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 16, placing it in bottom 0%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $240.56 million, making it one of the average sized ETFs attempting to match the performance of the Consumer Staples - Broad segment of the equity market. RSPS seeks to match the performance of the S&P 500 EQL WEIGHT CONSUMER STAPLES INDX before fees and expenses.

The S&P 500 Equal Weight Consumer Staples Index equally weights stocks in the consumer staples sector of the S&P 500 Index.

Costs

Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.

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 0.78%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

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

Looking at individual holdings, Archer-daniels-midland Co (ADM) accounts for about 3.46% of total assets, followed by Estee Lauder Cos Inc/the (EL) and J M Smucker Co/the (SJM).

The top 10 holdings account for about 30.72% of total assets under management.

Performance and Risk

So far this year, RSPS has lost about 2.88%, and is down about 8.32% in the last one year (as of 09/25/2025). During this past 52-week period, the fund has traded between $28.68 and $32.47.

The ETF has a beta of 0.51 and standard deviation of 12.8% for the trailing three-year period. With about 38 holdings, it has more concentrated exposure than peers.

Alternatives

Invesco S&P 500 Equal Weight Consumer Staples 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, RSPS is a sufficient option for those seeking exposure to the Consumer Staples ETFs area of the market. Investors might also want to consider some other ETF options in the space.

Vanguard Consumer Staples ETF (VDC) tracks MSCI US Investable Market Consumer Staples 25/50 Index and the Consumer Staples Select Sector SPDR ETF (XLP) tracks Consumer Staples Select Sector Index. Vanguard Consumer Staples ETF has $7.34 billion in assets, Consumer Staples Select Sector SPDR ETF has $15.56 billion. VDC has an expense ratio of 0.09%, and XLP 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 Consumer Staples ETF (RSPS) - free report >>

Published in