Skip to Content
ETFs

Invesco S&P 500 Revenue ETF

RWL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 19, 2008
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$6,307,649
AUM
$2,003,428,839
Associated Index
S&P 500 Revenue-Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

WMT
Walmart Inc
3.89%
AMZN
Amazon.com Inc.
3.13%
AAPL
Apple Inc
2.34%
CVS
CVS Health Corp
2.28%
UNH
Unitedhealth Group Inc
2.28%
XOM
Exxon Mobil Corp.
2.23%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
2.05%
MCK
Mckesson Corporation
1.84%
COR
Cencora Inc.
1.66%
COST
Costco Wholesale Corp
1.48%
Invest with RWL
Trade RWL Options

What is RWL?

The Invesco S&P 500 Revenue ETF (the "Fund") is based on the S&P 500 Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P 500 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

RWL
Performance Measures**

for the time period Feb 22, 2008 to Dec 4, 2025

Returns

1M Trailing Return: 2.5%

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

3M Trailing Return: 5.5%

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

Measures of Risk or Volatility

Max Drawdown: -54.8%

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

Standard Deviation: 19.6%

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: 0.62

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: 0.20

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

ETFs related toRWL

ETFs correlated to RWL include PRF, FNDX, FNDB

RWL
Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 Revenue ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
IUS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco RAFI Strategic US ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
EQWL
Invesco Capital Management LLC - Invesco Russell Top 200 Equal Weight 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.

Trading Strategies
Related toRWL

Michael B Meets Dalio w/ Pop Bots 2.1.0

Category

Multi-asset, trend-following, momentum, risk-managed, sector rotation, commodities, bonds, leveraged ETFs, volatility hedge

OOS Cumulative Return

123.99%

Opus-69

Category

Tactical allocation, Momentum, Inverse-volatility sizing, Leveraged ETFs, Sector rotation, Commodities, Hedging, Value tilt, High risk

OOS Cumulative Return

91.55%

Create your own algorithmic trading strategy with RWL using Composer

FAQ

RWL is a US Equities ETF. The Invesco S&P 500 Revenue ETF (the "Fund") is based on the S&P 500 Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P 500 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

RWL tracks the S&P 500 Revenue-Weighted Index.

No, RWL 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, RWL 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 RWL is 0.005%. This is the percent change in the value of RWL over the most recent 1-month period. The 3-month return on RWL is 0.0183%. This is the percent change in the value of RWL over the most recent 3-month period.

The standard deviation of RWL for the past year is 0.1551%. 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 RWL include SPHQ, SPHB, and DSI.

ETFs correlated to RWL include PRF, FNDX, and FNDB.

ETFs that are inversely correlated to RWL include DOG, SDOW, and DXD.

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.