The Invesco S&P 500 Equal Weight Energy ETF (RSPG) was launched on November 1, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.

While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.

Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Energy - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%.

Index Details

The fund is sponsored by Invesco. It has amassed assets over $568.36 million, making it one of the larger ETFs attempting to match the performance of the Energy - Broad segment of the equity market. RSPG seeks to match the performance of the S&P 500 EQUAL WEIGHT ENERGY PLUS INDEX before fees and expenses.

The S&P 500 Equal Weight Energy Plus Index equally weights stocks in the energy sector of the S&P 500 Index.

Costs

When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

Annual operating expenses for this ETF are 0.4%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 1.96%.

Sector Exposure and Top Holdings

While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Energy sector -- about 100% of the portfolio.

Looking at individual holdings, Valero Energy Corp (VLO) accounts for about 5.12% of total assets, followed by Marathon Petroleum Corp (MPC) and Texas Pacific Land Corp (TPL).

The top 10 holdings account for about 43.91% of total assets under management.

Performance and Risk

Year-to-date, the Invesco S&P 500 Equal Weight Energy ETF has gained about 35.56% so far, and was up about 42.77% over the last 12 months (as of 08/03/2026). RSPG has traded between $73.435 and $112.74 in this past 52-week period.

The ETF has a beta of 0.47 and standard deviation of 22.67% for the trailing three-year period. With about 26 holdings, it has more concentrated exposure than peers.

Alternatives

Invesco S&P 500 Equal Weight Energy ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, RSPG is a great option for investors seeking exposure to the Energy ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.

Vanguard Energy Index Fund ETF Shares (VDE) tracks MSCI US Investable Market Energy 25/50 Index and the State Street Energy Select Sector SPDR ETF (XLE) tracks Energy Select Sector Index. Vanguard Energy Index Fund ETF Shares has $10.08 billion in assets, State Street Energy Select Sector SPDR ETF has $38.99 billion. VDE has an expense ratio of 0.09%, and XLE charges 0.08%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

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Invesco S&P 500 Equal Weight Energy ETF (RSPG): ETF Research Reports

This article originally published on Zacks Investment Research (zacks.com).

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