At a glance
RSPR charges 0.4% a year, above the 0.17% average of the 8 funds most like it (the most expensive of 9). It has $100.3M in assets, the 9th largest of that group; it paid 2.95% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +0.4% with distributions reinvested (S&P 500: +11.5%), the weakest of those 9 funds; over three years it returned +11.8% a year. Its ten largest positions make up 34.6% of the fund, out of 31 in all.
The short version
The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) holds the real estate companies in the S&P 500. It held 31 as of June 30, 2026, mostly REITs (real estate investment trusts). Each company gets the same weight, so no single giant dominates the fund. The trade-off is cost: its 0.40% expense ratio is the highest among nine similar real estate funds, whose average is 0.17%.
Price history
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RSPR +0.4% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| RSPR official prospectus, to Dec 31, 2025 | — | -2.04% | — | +5.85% | +5.81% | — |
| RSPR price data to Oct 27, 2026 | +5.3% | +0.4% | +11.8% | — | — | +6.3% |
- Over the year to Oct 27, 2026, RSPR returned +0.4%, 9th of 9 among similar funds.
- Its worst full calendar year was 2025 (-1.9%); its best was 2024 (+8.6%).
- The deepest fall in its price history was 17.8% (Nov 27, 2024 to Apr 8, 2025), recovered by Jun 12, 2026.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +5.3% | — |
| 2025 | -1.9% | -2.04% |
| 2024 | +8.6% | +8.67% |
| 2023 | — | +11.48% |
| 2022 | — | -25.08% |
| 2021 | — | +49.46% |
| 2020 | — | -2.64% |
| 2019 | — | +25.12% |
| 2018 | — | -3.90% |
| 2017 | — | +8.55% |
| 2016 | — | +4.11% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Not in the price data, which starts Jun 7, 2023 |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Not in the price data, which starts Jun 7, 2023 |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.8000 | |
| 2025 | $0.9100 | 0.0% |
| 2024 | $0.9100 |
What's inside
As of Jul 31, 2026, the fund held 31 securities; the ten largest made up 34.59% of assets.
| Holding | Weight | |
|---|---|---|
| Welltower Inc. | 3.59% | |
| Ventas, Inc. | 3.59% | |
| CBRE Group, Inc. | 3.55% | |
| Simon Property Group, Inc. | 3.49% | |
| BXP, Inc. | 3.47% | |
| Healthpeak Properties, Inc. | 3.45% | |
| Host Hotels & Resorts, Inc. | 3.40% | |
| Digital Realty Trust, Inc. | 3.38% | |
| Weyerhaeuser Co. | 3.35% | |
| Realty Income Corp. | 3.33% | |
| Kimco Realty Corp. | 3.25% | |
| Federal Realty Investment Trust | 3.25% | |
| Regency Centers Corp. | 3.24% | |
| Public Storage | 3.24% | |
| Invitation Homes Inc. | 3.24% |
By country
United States 99.85%By asset type
Stocks 99.85%By sector
Sectors of the companies held, for the 50.7% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jul 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jul 31, 2026, investors withdrew a net $1.5M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +0.76%, +2.30%, +1.31%.
How it works
RSPR tracks the S&P 500 Equal Weight Real Estate Index, which S&P Dow Jones Indices runs. The index starts with the S&P 500 and keeps only the companies in the real estate sector. It uses the Global Industry Classification Standard (GICS), a system that sorts companies by type of business. The sector covers property developers and operators, real estate service firms such as CBRE, and equity REITs, which own properties and pay out most of their income. As of June 30, 2026, the index had 31 members, valued between $9.2 billion and $160 billion.
The S&P 500 weights companies by size. This index gives every company the same weight at each quarterly rebalance. Between resets, rising stocks drift above their target weight and falling ones drift below. Each rebalance trims the winners and adds to the laggards. As of July 31, 2026, the largest holdings were Welltower, Ventas, CBRE, Simon Property Group and BXP, each about 3.5% of the fund. The top 10 made up about 35%.
Invesco generally buys every stock in the index at its index weight. At times it may use sampling instead: it keeps at least 90% of assets in index stocks and may put some of the rest in other real estate funds, including its own ETFs. As of July 31, 2026, the fund held only US stocks, no derivatives, and 0.17% cash. Portfolio turnover was 14%.
What it really costs
- RSPR charges 0.4% a year, versus an average of 0.17% for the similar funds below (9th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $41 in the first year and $505 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| RSPR | $41 | $128 | $224 | $505 |
In a retirement portfolio
It is a single-sector fund of about 31 real estate stocks that has dropped about 25% in its worst stretches, so it fits better as a smaller add-on than as a core holding.
RSPR could add real estate exposure that moves partly apart from the wider market. Its beta, a measure of how closely it follows the S&P 500, was 0.28 for the year to October 27, 2026. It launched in 2015, so it has no record from 2008. It fell 25.28% in the first quarter of 2020 and lost 25.08% in 2022, its worst calendar year from 2016 to 2025. Its daily price history starts in June 2023. In that period, its deepest fall was 17.8%, from November 2024 to April 2025, and recovery took about 14 months. Anyone forced to sell during a drop like that would lock in losses.
The trailing 12-month yield was 2.95% as of October 27, 2026, paid quarterly. The fund costs 0.40% a year. In the SEC's standard example, that comes to $505 over 10 years on a $10,000 investment. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want the S&P 500's real estate stocks with no single giant in charge: each of about 31 holdings is reset to equal weight every quarter.
- Investors who want quarterly REIT income as one part of a wider mix: the trailing 12-month yield was 2.95% as of October 27, 2026.
- Investors who want more weight in mid-sized names like Kimco, Federal Realty and Regency Centers, and who accept the extra volatility that can bring.
Look elsewhere if
- Cost-focused investors: RSPR's 0.40% expense ratio is five times XLRE's 0.08%, and the two funds' holdings overlap by 72%.
- Anyone who can't stomach steep drops: the fund lost 25.08% in 2022 and 25.28% in the first quarter of 2020.
- Investors who prefer large funds: net assets were about $100 million as of July 31, 2026, the smallest of nine similar real estate funds.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| RSPR this fund | — | 0.4% | $100.3M | +0.4% | +11.8% |
| XLRE Real Estate Select Sector SPDR Fund | 72% | 0.08% | $8.10B | +2.8% | +13.3% |
| ICF iShares Cohen & Steers REIT ETF | 65% | 0.33% | $2.10B | +7.6% | +14.2% |
| IYR iShares U.S. Real Estate ETF | 61% | 0.39% | $4.67B | +1.9% | +12.7% |
| FREL Fidelity MSCI Real Estate Index ETF | 57% | 0.084% | $1.49B | +3.2% | +13.3% |
| DFAR Dimensional US Real Estate ETF | 56% | 0.19% | $1.78B | +7.6% | +14.0% |
| SCHH Schwab US REIT ETF | 55% | 0.07% | $11.20B | +7.1% | +14.1% |
| USRT iShares Core U.S. REIT ETF | 52% | 0.08% | $4.66B | +8.5% | +15.9% |
Questions investors ask
Is RSPR good for retirement income?
It can provide some income, but it's a single-sector fund rather than a full income solution. The trailing 12-month yield was 2.95% as of October 27, 2026, or $1.02 per share, paid quarterly. Prices can swing hard: the fund lost 25.08% in 2022. It may suit investors who want real estate income as one part of a wider portfolio, not as their main source of cash.
What's the difference between RSPR and XLRE?
Both own real estate stocks from the S&P 500, and their holdings overlap by 72%. RSPR gives each company an equal weight. XLRE is far cheaper at 0.08% a year versus 0.40%, and far larger, with about $8.1 billion in net assets as of June 30, 2026. Through October 27, 2026, XLRE returned 2.8% over one year and 13.3% a year over three years. RSPR returned 0.4% and 11.8%.
How much does RSPR cost to own?
RSPR's expense ratio is 0.40% a year, and all of it is the management fee, with no fee waiver. In the SEC's standard example, $10,000 earning 5% a year would cost about $41 in fees after one year, $128 after three, $224 after five and $505 after ten. That is the highest cost among nine similar real estate funds, whose average expense ratio is 0.17%.
Does RSPR pay monthly dividends?
No. RSPR pays dividends quarterly, not monthly. Over the 12 months to October 27, 2026, it paid $1.02 per share, a trailing yield of 2.95%. Most of the fund is in REITs, which must pay out most of their taxable income. Even so, payouts can change from quarter to quarter with the underlying companies' earnings and rents.
How has RSPR performed over the long term?
Results have been modest and bumpy. As of December 31, 2025, the fund returned an average of 5.81% a year over 10 years and 5.85% a year over five years, with a 2.04% loss in 2025. Its best calendar year was 2021, up 49.46%. Its worst was 2022, down 25.08%. Through October 27, 2026, it had the lowest one- and three-year returns among nine similar real estate funds.