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Index Tracking

RSP

Invesco S&P 500 Equal Weight ETF

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Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund that provides investors with exposure to broad market indices. It carries an expense ratio of 0.20%. The fund offers a dividend yield of approximately 1.58%. The portfolio holds 503 securities.

Category

Index Tracking

Dividend Yield

1.58%

Expense Ratio

0.2%

Holdings

503

Dividend History

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Top Holdings

1Each stock approx. 0.2% equal weight
2Quarterly rebalancing
3Mid-cap effect
4Sector diversification

Key Features

  • Equal-weight strategy
  • Reduces large-cap concentration
  • Expanded mid-cap exposure
  • Quarterly rebalancing

Advantages

  • Reduces Mag 7 concentration risk
  • Value/mid-cap factor effect
  • Benefits from mean reversion
  • Sector diversification benefit

Risks

  • Underperforms during large-cap growth rallies
  • High turnover
  • Higher expense ratio than SPY
  • Excludes small-cap effect

Rebalancing Strategy

Build core portfolio as a SPY/VOO alternative

RSP Investment Analysis

RSP (Invesco S&P 500 Equal Weight ETF) is a Index Tracking ETF comprising 503 holdings. It has an expense ratio of 0.2% and a dividend yield of 1.58%. It has a reasonable expense ratio.

A 1.58% dividend yield provides moderate income. It suits investors seeking a balance between growth and dividends.

RSP can play an important role in your portfolio. Its broad range of holdings provides strong diversification.

US ETF Investment Notes

A 15% withholding tax applies to US ETF dividends. If annual overseas stock capital gains exceed KRW 2.5 million, a 22% capital gains tax is imposed.

Exchange rate fluctuations affect returns. When the Korean won strengthens, dollar-denominated gains may decrease — consider whether to hedge currency risk.

Brokerage fees for overseas ETF trades vary. If you trade frequently, compare fees across brokerages before choosing one.

Need to rebalance your portfolio?Go to Rebalancing Calculator