Back to top

Image: Bigstock

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

Read MoreHide Full Article

Designed to provide broad exposure to the Consumer Staples - Broad segment of the equity market, the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS - Free Report) is 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 also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. 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 $426 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

When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

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 2.28%.

Sector Exposure and Top Holdings

ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many 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, Target Corp (TGT) accounts for about 3.74% of total assets, followed by Estee Lauder Cos Inc/the (EL) and Dollar General Corp (DG).

The top 10 holdings account for about 32.91% of total assets under management.

Performance and Risk

The ETF has added about 1.42% so far this year and is up about 0.23% in the last one year (as of 10/06/2026). In that past 52-week period, it has traded between $28.21 and $33.245.

The ETF has a beta of 0.43 and standard deviation of 13.54% for the trailing three-year period. With about 37 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 good 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 Index Fund ETF Shares (VDC) tracks MSCI US Investable Market Consumer Staples 25/50 Index and the State Street Consumer Staples Select Sector SPDR ETF (XLP) tracks Consumer Staples Select Sector Index. Vanguard Consumer Staples Index Fund ETF Shares has $7.53 billion in assets, State Street Consumer Staples Select Sector SPDR ETF has $13.27 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.

Published in