Description

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is designed to track the performance of the S&P 500 Equal Weight Materials Index. This Fund commits at least 90% of its total portfolio to investing in the equity securities that constitute this underlying Index. The benchmark index, in its construction, allocates an identical weighting to every stock originating from the materials sector of the overarching S&P 500 Index. Both the ETF and its corresponding index undergo a rebalancing process every three months.