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ETFs

Invesco S&P 500 Equal Weight Materials ETF

RSPM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 1, 2006
Expense Ratio
0.4%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$798,808
AUM
$280,614,921
Associated Index
S&P 500 Equal Weight Materials Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NEM
Newmont Corp
3.75%
CTVA
Corteva Inc
3.7%
WRK
WestRock Co
3.64%
PKG
Packaging Corp Of America
3.63%
CF
CF Industries Holdings Inc
3.59%
AVY
Avery Dennison Corp.
3.56%
CE
Celanese Corp - Ordinary Shares - Series A
3.55%
IFF
International Flavors & Fragrances Inc.
3.52%
IP
International Paper Co.
3.51%
STLD
Steel Dynamics Inc.
3.5%
Invest with RSPM
Trade RSPM Options

What is RSPM?

The Invesco S&P 500 Equal Weight Materials ETF (Fund) is based on the S&P 500 Equal Weight Materials 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 materials sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

1M
3M
6M
YTD
1Y
3Y
Max
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RSPM
Performance Measures**

for the time period Nov 7, 2006 to Dec 16, 2025

Returns

1M Trailing Return: 5.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -61.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 24.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.46

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.14

The annualized return divided by the max drawdown for the selected time period.

ETFs related toRSPM

ETFs correlated to RSPM include FMAT, VAW, XLB

RSPM
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Materials ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
XLB
SSgA Active Trust - Materials Select Sector SPDR
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
FXZ
First Trust Exchange-Traded Fund III - First Trust Materials AlphaDEX Fund
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor 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.

FAQ

RSPM is a US Equities ETF. The Invesco S&P 500 Equal Weight Materials ETF (Fund) is based on the S&P 500 Equal Weight Materials 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 materials sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

RSPM tracks the S&P 500 Equal Weight Materials Index.

No, RSPM 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, RSPM 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 RSPM is -0.0127%. This is the percent change in the value of RSPM over the most recent 1-month period. The 3-month return on RSPM is -0.0117%. This is the percent change in the value of RSPM over the most recent 3-month period.

The standard deviation of RSPM for the past year is 0.2142%. 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 RSPM include XLI, XLY, and XLV.

ETFs correlated to RSPM include FMAT, VAW, and XLB.

ETFs that are inversely correlated to RSPM include TZA, TWM, and RWM.

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.