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RSPMInvescoINDEX

Invesco S&P 500® Equal Weight Materials ETF

$37.06-0.30% vs prior close
314152-WK

Price through Oct 1 · Flows through Sep 30. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.

Price & daily flows
39.236.333.437.06DAILY NET FLOWOct 1Jan 30Jun 1Oct 1

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$10M OVER THIS RANGE

The desk’s read

Money is leaving — −$4M in net outflows over the past month, about 2.5% of the fund's asset base, while the price has returned +8.8% so far this year. At 0.40% a year it is not the cheapest way in — XLB has a reported fee of 0.09%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$172Massets under management
0.40%expense ratio · $40 per $10,000 a year
−$4Mnet flow, trailing month
36Kavg daily volume, 30 days
29holdings
2006listed November 1, 2006 · beta 0.72
The book at a glance
SW-0.6%LIN+0.3%ECL-1.2%PKG-1.7%SHW-2.2%AVY-0.1%IFF-2.1%VMC+0.8%PPG-1.6%AMCR-1.4%IP-0.5%MLM+0.2%APD-0.3%DOW-0.3%BALL-1.1%CRH-2.0%STLD-0.1%FCX-1.1%CTVA-0.3%NUE-1.1%NEM-1.5%LYB-1.2%ALB-1.7%CF-0.4%MOS-3.4%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1SWSMURFIT WESTROCK PLC4.41%$44.10-0.6%
2LINLINDE4.25%$474.65+0.3%
3ECLECOLAB4.29%$274.58-1.2%
4PKGPACKAGING CORP OF AMERICA4.33%$229.26-1.7%
5SHWSHERWIN WILLIAMS4.32%$323.27-2.2%
6AVYAVERY DENNISON4.22%$170.67-0.1%
7IFFINTERNATIONAL FLAVORS & FRAGRANCES4.26%$83.48-2.1%
8VMCVULCAN MATERIALS4.07%$244.63+0.8%
9PPGPPG INDUSTRIES4.15%$104.33-1.6%
10AMCRAMCOR4.13%$41.86-1.4%
11IPINTERNATIONAL PAPER4.03%$33.17-0.5%
12MLMMARTIN MARIETTA MATERIALS4.00%$479.81+0.2%
13APDAIR PRODUCTS & CHEMICALS3.97%$278.23-0.3%
14DOWDOW3.94%$27.54-0.3%
15BALLBALL3.94%$56.03-1.1%

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Sector weights
Basic Materials79.26%
Process Industries74.33%
Non-Energy Minerals22.25%
Consumer Cyclical20.74%
Consumer Non-Durables3.45%
Other3.13%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States96.25%
United Kingdom3.75%
Switzerland3.63%
Other3.44%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.8%
1 month-7.5%
3 months-4.3%
6 months-2.4%
YTD+8.8%
1 year+14.1%
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week—
1 month−$4M
3 months+$2M
YTD−$9M
1 year−$10M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JulAugSepOctFebMarAprMayJunJulAugSep
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
15%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-12.3%deepest fall from a peak, 1 year
-10.3%latest close versus that peak

The top holding is 4.4% of the book; the top ten carry 42%. Spread across 25+ names, it behaves like roughly 25 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
16Kshares traded
Most-traded holdings, options premiumBullishBearish
FCX FREEPORT-MCMORAN$7M$4M
NEM NEWMONT$2M$3M
LIN LINDE$1M$3M
ALB ALBEMARLE$863,159$722,296
MLM MARTIN MARIETTA MATERIALS$619,754$723,449

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against RSPM

Due diligence cuts both ways. These funds sit on the same shelf and beat RSPM on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
SPYG State Street SPDR Portfolio S&P 500 Growth ETF0.04%$56.2B+$717M-36bp on fee · 327× the assets · +$717M in over the monthHead-to-head
SPYV State Street SPDR Portfolio S&P 500 Value ETF0.04%$36.2B+$208M-36bp on fee · 210× the assets · +$208M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$122.8B+$2.3B-35bp on fee · 714× the assets · +$2.3B in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$34.3B+$148M-36bp on fee · 200× the assets · +$148M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$27.5B+$223M-36bp on fee · 160× the assets · +$223M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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