Invesco S&P 500 Equal Weight Consumer Staples ETF

RSPS

Market cap $251M

The beverage industry is significantly undervalued versus historical averages, while tobacco and retail are overvalued. RSPS offers consumer staples exposure with better value and less company-specific risk than XLP, but also lower risk-adjusted returns and trading volumes. Four stocks are cheaper than their peers in July.

The Vanguard Consumer Staples ETF features a significantly lower expense ratio and larger assets under management than Invesco S&P 500 Equal Weight Consumer Staples ETF. The Invesco S&P 500 Equal Weight Consumer Staples ETF provides a higher trailing dividend yield but holds a more concentrated portfolio of 34 stocks.

The LSEG Retail/Restaurant Index reported Q1 2026 earnings growth of 27.2%. Retail earnings in the first quarter of 2026 received a significant boost from a historic tax refund season, reinforcing consumer spending at a time when the labor market remained resilient. Q2 2026 earnings are currently expected to mark the weakest growth rate of the year, with consensus forecasts calling for a gradual improvement during the second half of the year.

iShares U.S. Consumer Staples ETF offers a slightly lower expense ratio and has generated higher total returns over the past five years compared to Invesco S&P 500 Equal Weight Consumer Staples ETF. Invesco's ETF uses an equal-weight methodology that reduces concentration risk relative to the market-cap-weighted iShares fund.

A smart beta exchange traded fund, the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) debuted on 11/01/2006, and offers broad exposure to the Consumer Staples ETFs category of the market.

If you're interested in broad exposure to the Consumer Staples - Broad segment of the equity market, look no further than the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), a passively managed exchange traded fund launched on November 1, 2006.

Consumer pessimism and market volatility may push investors toward defensive ETFs, strengthening the appeal of consumer staple funds.

Invesco S&P 500 Eql Wght Con Staples ETF (RSPS) has performed poorly in recent years, making it easy to forget that it has outperformed discretionary counterpart in the long-run. Invesco S&P 500 Eql Wght Con DiscrtN ETF (RSPD) has held the upper hand since the tail-end of 2022's bear market but staples started outperforming in late 2025-to-early 2026. A broad-based market surge in April dragged RSPD ahead of RSPS once more, but I think we might be set for another convergence between the pair.

Beverage, food, personal care, and household products sub-sectors are undervalued relative to 11-year averages; tobacco is overvalued. The Invesco S&P 500 Equal Weight Consumer Staples ETF offers better valuation and lower company-specific risk than XLP but lags in returns and liquidity. Five stocks cheaper than their peers in April.

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Consumer Staples ETFs category of the market.