Invesco S&P 500 Equal Weight Consumer Staples ETF

Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) holds the consumer staples companies in the S&P 500, such as food makers, beverage and tobacco firms, household-goods brands and grocers. It gives each one roughly the same weight, so a company worth $6.8 billion counts about as much as one worth $901 billion. It costs 0.40% a year. That is far more than the 0.08% charged by the larger XLP.

• Over the year to Oct 27, 2026, RSPS returned +7.2%, 6th of 9 among similar funds.
• Its worst full calendar year was 2024 (-1.4%); its best was 2025 (-0.8%).
• The deepest fall in its price history was 16.5% (Jul 28, 2023 to Oct 12, 2023), recovered by Feb 4, 2026.

As of Jul 31, 2026, the fund held 34 securities; the ten largest made up 33.01% of assets.

By sector

• Over the three months to Jul 31, 2026, investors withdrew a net $480K (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: -0.31%, +1.57%, +2.96%.

RSPS is an index fund. It tracks the S&P 500 Equal Weight Consumer Staples Index, which S&P Dow Jones Indices compiles and maintains. The index starts with the S&P 500 and keeps only the companies classified as consumer staples. That group includes makers and distributors of food, beverages and tobacco, producers of household and personal products, and food and drug retailers. As of June 30, 2026, the index had 34 members, with market values from $6.8 billion to $901 billion.

The S&P 500 weights companies by size. This index does not: it resets every holding to the same weight at each quarterly rebalance. Weights drift between resets, so as of July 31, 2026, the largest positions were Dollar General (3.5%), Dollar Tree (3.5%), Target (3.4%) and Sysco (3.3%). The top ten made up 33% of assets. Rebalancing means trimming recent winners and adding to laggards. Portfolio turnover, the share of holdings replaced in a year, was 29%.

The fund uses full replication, which means it buys every stock in the index at the index's weights. It must keep at least 80% of net assets in index stocks or similar investments. As of July 31, 2026, it held no derivatives and 0.27% in cash. It uses no leverage or options. Because it sits in a single sector and gives smaller companies equal weight, its returns can differ sharply from the broader market.

• RSPS charges 0.4% a year, versus an average of 0.36% for the similar funds below (4th 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).

It holds companies that sell everyday goods people keep buying in downturns, and it held up in 2020 and 2022, though its long-term growth has been modest.

RSPS could serve as a steadier slice of a stock portfolio, but its record is mixed. This page has no figures for the 2008 financial crisis. In 2020 the fund gained 6.22%, even though it fell 14.53% in that year's first quarter during the COVID crash. In the 2022 bear market it gained 2.94%. Its worst calendar year since 2016 was 2018, when it lost 10.71%. Price data begins June 2023. In that data, its deepest drop was 16.5%, from July to October 2023, and recovery took about 28 months. Anyone selling shares for spending during that stretch would have sold at a loss. The yield was 2.88% as of October 27, 2026, paid quarterly. At 0.40% a year, it costs more than the 0.36% peer average. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.