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

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

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 also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. 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 $507.84 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 1.87%.

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, Edison International (EIX) accounts for about 3.44% of total assets, followed by Pg&e Corp (PCG) and Consolidated Edison Inc (ED).

The top 10 holdings account for about 33.22% of total assets under management.

Performance and Risk

The ETF has added about 1.51% and is up about 14.19% so far this year and in the past one year (as of 01/27/2026), respectively. RSPU has traded between $64.45 and $80.26 during this last 52-week period.

The ETF has a beta of 0.68 and standard deviation of 15.64% for the trailing three-year period. With about 33 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 great choice 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 State Street Utilities Select Sector SPDR ETF (XLU) tracks Utilities Select Sector Index. Vanguard Utilities ETF has $7.93 billion in assets, State Street Utilities Select Sector SPDR ETF has $21.88 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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