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

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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.

Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are 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 3, placing it in top 19%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $522.61 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

Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.

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 2.36%.

Sector Exposure and Top Holdings

While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that 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, Eversource Energy (ES) accounts for about 3.55% of total assets, followed by Nextera Energy Inc (NEE) and Constellation Energy Corp (CEG).

The top 10 holdings account for about 34.2% of total assets under management.

Performance and Risk

Year-to-date, the Invesco S&P 500 Equal Weight Utilities ETF return is roughly 20.49% so far, and it's up approximately 13.11% over the last 12 months (as of 11/25/2025). RSPU has traded between $64.45 and $80.26 in this past 52-week period.

The ETF has a beta of 0.63 and standard deviation of 15.82% for the trailing three-year period. With about 34 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 a suitable 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 $8.02 billion in assets, Utilities Select Sector SPDR ETF has $22.16 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.


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