Invesco S&P 500® Equal Weight Consumer Staples ETF
Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. The Fund is advised by PADCO Advisors II, Inc., which operates under the name Rydex Investments.
Stock Performance Snapshot
Dividend
Invesco S&P 500® Equal Weight Consumer Staples ETF offers a dividend yield of 2.75%, which is reasonable for income-seeking investors. If you invested $1000 you would be paid $27.50 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Equal-weight exposure
Gives similar weight to each eligible staples company, reducing mega-cap concentration and offering a different performance profile; periodic rebalancing can increase turnover.
Staples sector traits
Consumer staples can be defensive and offer steady demand and dividends, though sector concentration means outcomes hinge on industry-specific trends.
Costs and turnover
Equal-weight ETFs often see higher turnover and trading costs than cap-weighted funds; check the fund's fees and realised tracking characteristics.
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