Designed to provide broad exposure to the Industrials - Broad segment of the equity market, the Invesco S&P 500 Equal Weight Industrials ETF (RSPN Quick QuoteRSPN - 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 also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Industrials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 8, placing it in top 50%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $922.98 million, making it one of the average sized ETFs attempting to match the performance of the Industrials - Broad segment of the equity market. RSPN seeks to match the performance of the S&P 500 EQUAL WEIGHT INDUSTRIALS INDEX before fees and expenses.

The S&P 500 Equal Weight Industrials Index equally weights stocks in the industrials sector of the S&P 500 Index.

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 one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 0.81%.

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 Industrials sector -- about 100% of the portfolio.

Looking at individual holdings, Huntington Ingalls Industries Inc (HII) accounts for about 1.43% of total assets, followed by Boeing Co/the (BA) and L3harris Technologies Inc (LHX).

The top 10 holdings account for about 13.76% of total assets under management.

Performance and Risk

The ETF return is roughly 6.37% and is up about 16.54% so far this year and in the past one year (as of 01/30/2026), respectively. RSPN has traded between $43.34 and $60.855 during this last 52-week period.

The ETF has a beta of 1.07 and standard deviation of 16.37% for the trailing three-year period. With about 83 holdings, it effectively diversifies company-specific risk.

Alternatives

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

First Trust RBA American Industrial Renaissance ETF (AIRR) tracks Richard Bernstein Advisors American Industrial Renaissance Index and the State Street Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. First Trust RBA American Industrial Renaissance ETF has $7.71 billion in assets, State Street Industrial Select Sector SPDR ETF has $27.56 billion. AIRR has an expense ratio of 0.7%, and XLI charges 0.08%.

Bottom Line

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