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Invesco S&P 500 Equal Weight Consumer Discretionary ETF

RCD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 01 2006
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$9,195,060
AUM
$467,212,880
Associated Index
S&P 500 Equal Weight Consumer Discretionary Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

TSLA
Tesla Inc
2.09%
AMZN
Amazon.com Inc.
2.06%
DPZ
Dominos Pizza Inc
2.04%
DRI
Darden Restaurants, Inc.
2.01%
PHM
PulteGroup Inc
2.00%
CMG
Chipotle Mexican Grill
1.99%
MCD
McDonald`s Corp
1.98%
HAS
Hasbro, Inc.
1.97%
LEN
Lennar Corp. - Ordinary Shares - Class A
1.96%
EBAY
EBay Inc.
1.94%
Invest with RCD

What is RCD?

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (Fund) is based on the S&P 500 Equal Weight Consumer Discretionary Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the consumer discretionary sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

ETFs related toRCD

ETFs correlated to RCD include FXD, IYC, SMOT

RCD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRCD

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with RCD using Composer

FAQ

RCD is a US Equities ETF. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (Fund) is based on the S&P 500 Equal Weight Consumer Discretionary Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the consumer discretionary sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

RCD tracks the S&P 500 Equal Weight Consumer Discretionary Index.

No, RCD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RCD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RCD is -0.0069%. This is the percent change in the value of RCD over the most recent 1-month period. The 3-month return on RCD is 0.0866%. This is the percent change in the value of RCD over the most recent 3-month period.

The standard deviation of RCD for the past year is 0.2949%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RCD include XLF, XLK, and XLU.

ETFs correlated to RCD include FXD, IYC, and SMOT.

ETFs that are inversely correlated to RCD include HIBS, SRTY, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.