RSPC
Invesco S&P 500 Equal Weight Communication Services ETF
The Invesco S&P 500 Equal Weight Communication Services ETF tracks an equal-weighted index of US telecommunication and media & entertainment components of the S&P 500.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
71.7 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 07, 2018 |
| Assets (mns) | $72 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WARNER BROS. DISCOVERY, INC. SERIES A | 6.6 % |
| PARAMOUNT SKYDANCE CORP | 5.5 % |
| ELECTRONIC ARTS INC | 5.2 % |
| TRADE DESK, INC. CLASS A | 4.9 % |
| CHARTER COMMUNICATIONS, INC. CLASS A | 4.7 % |
| TAKE-TWO INTERACTIVE SOFTWRE | 4.6 % |
| OMNICOM GROUP | 4.5 % |
| INTERPUBLIC GROUP OF COS INC | 4.5 % |
| TKO GROUP HOLDINGS, INC. CLASS A | 4.4 % |
| VERIZON COMMUNICATIONS INC | 4.4 % |
Constituent Breakdown
| Number of holdings | 25 |
| Herfindahl-Hirschman Index | 435 |
| Wgt avg mkt cap (mns) | $296,224 |
| Large cap (>$10bn) | 77.3% |
| Mid cap ($2-10bn) | 17.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 100.0 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.8% | 18.5% | 23.0% | 14.8% | 8.9% | -- | -- | 6.5% |
| Dividend Yield | 1.0% | 1.0% | 1.2% | 1.2% | 1.2% | -- | -- | 1.3% |
| Total Returns | 15.8% | 19.5% | 24.2% | 15.9% | 10.1% | -- | -- | 7.8% | Ann. Volatility | 18.2% | 17.7% | 15.7% | 17.4% | 19.0% | -- | -- | 21.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.00 | 60% |
| MSCI EAFE | 0.62 | 31% |
| MSCI Emg Mkts | 0.44 | 18% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.30% |
Technical Indicators
| Recent close | $38.76 |
| 30d moving avg. | $39.92 |
| Annualized volatility | 16.7% |
| Relative strength (RSI) | 50 |
| Short interest | 0.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| XLC | Communication Services Select Sector SPDR Fund | 74.2% | -32 bp | +5.6% |
| FCOM | Fidelity MSCI Communication Services Index ETF | 47.7% | -32 bp | +4.7% |
| VOX | Vanguard Communication Services ETF | 43.6% | -31 bp | +4.9% |
| IXP | iShares Global Comm Services ETF | 34.2% | +2 bp | +5.8% |
| GXPC | Global X PureCap MSCI Communication Services ETF | 29.6% | -15 bp | +4.9% |
| BNGE | First Trust S-Network Streaming and Gaming ETF | 23.5% | +30 bp | +2.7% |
| IYZ | iShares U.S. Telecommunications ETF | 21.3% | 0 bp | +6.8% |
| PEJ | Invesco Leisure and Entertainment ETF | 19.7% | +18 bp | +1.1% |
| TOGA | Tremblant Global ETF | 17.8% | +29 bp | +2.2% |
| XPND | First Trust Expanded Technology ETF | 17.1% | +25 bp | +3.6% |
Risk and Returns: RSPC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2025
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
RSPC
5.8%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 996 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. RSPC's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places RSPC in the 53rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RSPCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 627 |
| Avg. Expense Ratio | 46.1 bp |
| Std. Deviation | 32.8 bp |
| RSPC (40 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RSPC | 40.0 | 30.4 | 70.4 |
| Peer Avg. | 46.1 | 15.6 | 61.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .