Broadcom

Palantir Technologies

Darden Restaurants

Jabil

Tesla

Teradyne

Boeing

Centene

Arista Networks

Pfizer

Invesco S&P 500 Equal Weight ETF

RSP tracks an equal-weighted index of S&P 500 companies.

The Invesco S&P 500® Equal Weight ETF (RSP) has rallied tremendously in performance and investor attention as market breadth improves. RSP has hauled in $4.4 billion in net flows in June with two trading days left in the month.

As Market Breadth Improves, RSP Passes $4 Billion in June Flows

Equal weight is poised to outperform the cap-weighted S&P 500 in June. With just a few days left in the month, the Invesco S&P 500® Equal Weight ETF (RSP), which tracks the S&P 500 Equal Weight Index, is handily outpacing the benchmark.

Equal Weight RSP Poised to Outperform S&P 500 in June

The Invesco S&P 500 Equal Weight ETF (RSP) has underperformed the SPDR S&P 500 ETF (SPY) this year. The RSP ETF has risen by about 5% this year compared to SPY's gains of over 15%.

RSP stock: Invesco S&P 500 Equal Weight ETF inflows are soaring

iShares iBoxx High Yield Corporate Bond ETF

iShares Core S&P 500 ETF

iShares Russell 2000 ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

Schwab US TIPS ETF

SPDR S&P 500 ETF Trust

WisdomTree Bloomberg Floating Rate Treasury Fund

The Bloomberg Municipal Bond Total Return Index (+0.33%) recorded its fourth straight weekly gain. Our fund-flows week kicked off on Thursday, June 15, with the weekly initial jobless claims data showing seasonally adjusted initial claims was 264,000. Exchange-traded equity funds recorded $12.1 billion in weekly net outflows, marking the second weekly outflow in three and third largest this year.

U.S. Weekly FundFlows Insight Report: Sector-Financial/Banking ETFs Log Second Largest Weekly Inflow This Year

iShares U.S. Home Construction ETF

Invesco Dynamic Building & Construction ETF

iShares Residential Real Estate ETF

SPDR S&P Homebuilders ETF

Consumer Discretionary Select Sector SPDR Fund

Several key economic indicators are released every week to help provide insight into the overall health of the U.S. economy. Last week had a heavy focus on housing-related data that could impact home builders and residential real estate ETFs such as the Invesco Dynamic Building & Construction ETF (PKB), the iShares U.S.

It's the Economy That Matters: The Housing Market

SPDR S&P Retail ETF

Economic indicators are released every week to help provide insight into the overall health of the U.S. economy. In this article, we examine three important indicators from the past week: consumer price index, producer price index, and retail sales.

It's the Economy That Matters: The Inflation Situation

Invesco NASDAQ Next Gen 100 ETF

Invesco Nasdaq 100 ETF

Invesco Nasdaq Future Gen 200 ETF

Invesco Solar ETF

ATLANTA , June 20, 2023 /PRNewswire/ -- Invesco Capital Management LLC, an investment adviser managing an extensive family of exchange-traded funds (ETFs), announced today that our global ETF business has prioritized an initiative to offer a Japanese investor base better access to five of its leading United States (US) listed ETFs. Invesco Capital Management LLC (ICM), in partnership with Invesco Asset Management Japan Limited.

Invesco takes the regulatory steps to expand its ETF business in Japan

The S&P 500 Equal Weight has amassed a track record of outperforming its parent index as well as active U.S. equity funds. Since the index's 2003 launch, nearly all actively managed U.S. equity mutual funds underperformed the S&P 500 Equal Weight index, according to recent research from S&P Dow Jones Indices.

Instead of Active U.S. Equity Funds, Look to RSP

ArrowMark Financial

Invesco Senior Loan ETF

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Western Asset Investment Grade Income Fund

BANX has bounced back after being sold off during the banking crisis, with its NAV increasing by 2.62% in April. ETW offers a more defensive approach with a call-writing strategy and global exposure, including Europe and Asia/Pacific. PAI is a non-leveraged fund focusing on investment-grade bonds, offering a less aggressive play with what should be a relatively limited downside.

3 Closed-End Fund Buys In The Month Of May 2023

Significant inflows have been seen in the Invesco S&P 500® Equal Weight ETF (RSP) this month, as it pulled in $1.6 billion, almost all of which was added last week. This sudden influx of capital into the fund could suggest that equal-weight strategies may be back in favor with advisors.

RSP Sees Surge in Inflows as Investors Reconsider Equal-Weight Strategies

iShares Core MSCI EAFE ETF

Overall, ETFs pulled in $18.1 billion in capital last week, taking the year-to-date inflows to $169.2 billion.

5 ETFs That Garnered Maximum Assets Last Week

Economic indicators are released every week to help provide insight into the overall health of the U.S. economy. Despite the economic calendar's light load last week, there were still important releases that warrant attention.

It's the Economy That Matters: Services PMI and More

iShares 7-10 Year Treasury Bond ETF

iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

Invesco QQQ

Investors were overall net purchasers of fund assets for the sixth week in seven, adding a net of $22.4 billion. Money market funds, taxable-bond funds, and tax-exempt bond funds attracted new capital, while equity funds suffered outflows. U.S. broad-based equity indices reported positive returns, with the Russell 2000 experiencing its highest weekly return since May 20, 2020.

U.S. Weekly FundFlows Insight Report: Conventional Investment Grade Funds Attract Largest Weekly Inflow Of 2023

Manager Directed Portfolios - iM DBi Managed Futures Strategy ETF

The S&P 500 hit bull market territory this week from October lows, carried by a small number of mega-cap companies. Investors with an eye toward the concentration risk within broad equity exposure should consider managed futures for their low correlations to stocks and bonds.

Worried About Concentration Risk? Consider Managed Futures

Equal weight strategies could show strength in the second half as market breadth has shown signs of improving. Recent broader returns have turned the S&P 500 year-to-date breadth positive.

As Market Breadth Improves, Equal Weight Strategies Show Strength

This bull market has been led by the largest technology names so far, but breadth is starting to improve. We had a major breakout for the Russell 2000 index this week, which bodes well for the economy and broad market.

Do You Feel Like You Missed The Bull Market?

Vanguard S&P 500 ETF

Vanguard Total World Stock ETF

Anchored Volume Weighted Average Price (AVWAP) indicates that buyers may be regaining control of the S&P 500 trend. The Total World Stock chart also shows constructive AVWAP price characteristics, suggesting a possible trend shift from down to up.

These ETFs Are Key To Monitoring The Sustainability Of U.S. And Global Stock Rallies

Invesco S&P 500 Equal Weight Communication Services ETF

Invesco S&P 500 Equal Weight Real Estate ETF

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Invesco S&P 500 Equal Weight Industrials ETF

Invesco S&P 500 Equal Weight Consumer Staples ETF

Invesco S&P 500 Equal Weight Materials ETF

Invesco S&P 500 Equal Weight Energy ETF

Invesco S&P 500 Equal Weight Financials ETF

Invesco S&P 500 Equal Weight Health Care ETF

Invesco S&P 500 Equal Weight Technology ETF

Invesco S&P 500 Equal Weight Utilities ETF

Invesco has changed the tickers for its suite of equal-weight sector ETFs. Invesco united its lineup of 11 equal-weight sector ETFs with new tickers that connect back to the $33.6 billion Invesco S&P 500® Equal Weight ETF (RSP), effective June 6.

Invesco Changes Tickers for Equal-Weight Sector ETFs

Several key economic indicators are released every week to help provide insight into the overall health of the U.S. economy. In this article, we explore three of the most important economic releases from the past week: the BLS employment report, job openings and labor turnover (JOLTS), and the ADP employment reports.

It's The Economy That Matters: The Employment Situation

Invesco ESG S&P 500 R Equal Weight ETF

Direxion Daily S&P 500 Bull 3x Shares

SPDR Portfolio S&P 500 High Dividend ETF

SPDR Portfolio S&P 500 Growth ETF

SPDR Portfolio S&P 500 Value ETF

ProShares Ultra S&P 500

ProShares UltraPro S&P500

Bank of America recently raised its 2023 price target for the S&P 500 to 4,300 and to 4,600 in a bullish case scenario.

Is a Further 10% Rally in S&P 500 ETFs Possible?

Energy stays the best-ranked sector regarding value and quality scores. Real Estate and financials look attractive. Technology and industrials are the most overvalued sectors.

RSP: S&P 500 Valuation Dashboard For June

Several key economic indicators come out every week to help provide insight into the overall health of the U.S. economy. Policymakers and advisors closely monitor these indicators to understand the direction of interest rates, as the data can significantly impact business decisions and financial markets.

It's The Economy That Matters: PCE, GDP, Durable Goods & Employment Numbers

The S&P 500 Equal Weight index doesn't always outperform, as demonstrated by its lagging this year despite handily outpaced its parent cap-weight index in 2022. Equal weight funds, such as the Invesco S&P 500® Equal Weight ETF (RSP), are best used as a long-term core holding despite not outperforming in every economic environment.

When Does Equal Weight Outperform?

In the current environment where cap-weighted indexes are dominated by just a few names, equal weighting can mitigate concentration risk. Advisors can use the Invesco S&P 500® Equal Weight ETF (RSP) as the core equity holding in client portfolios to remove size bias.

Equal Weighting Mitigates Concentration Risk

Amazon

SPDR Gold Trust

Alphabet

Microsoft

Financial Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

As negotiations on raising the U.S. government's $31.4 trillion debt ceiling approach the deadline, financial institutions on Wall Street are gearing up for the potential consequences of a default. Given that U.S. Government bonds serve as a foundation for the global financial system, accurately predicting the extent of the damage that could be caused by default is challenging.

News for Invesco S&P 500 Equal Weight ETF ETF (RSP)