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Beacon

RWLInvesco S&P 500 Revenue ETF

Grow my money18y track recordRanked #315 of 2,960 in this goal

Seeks to track the investment results of the S&P 500 Revenue-Weighted Index.

By Invesco · Launched 2008

Annual Cost

0.39%

#1,958 of 5,562 · average

Fund Size

$9.1B

#295 of 5,562 · large

Return (1Y)Goal

+27.0%

Track Record

18 years

#578 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,603+26.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index enhanced

Index tracked

S&P 500 Revenue-Weighted Index

What it actually holds

By weight

Concentration

Top 10 holdings = 24.6% of fund✓ well diversified

Walmart Inc.
4.0%
Amazon.com, Inc.
3.6%
Apple Inc.
2.6%
McKesson Corp.
2.5%
CVS Health Corp.
2.2%
UnitedHealth Group Inc.
2.1%
Cencora, Inc.
2.1%
Berkshire Hathaway Inc.
2.0%
Exxon Mobil Corp.
1.8%
Cardinal Health, Inc.
1.7%

Asset allocation

Stocks
100.0%

By sector

Healthcare
19.4%
Technology
16.3%
Financial Services
14.8%
Consumer Cyclical
12.6%
Consumer Defensive
10.2%
Industrials
8.3%
Communication
7.2%
Energy
6.1%
Other
5.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.2%Moderate

Year-on-year price swings

Max drawdown
-36.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.19Strong risk-adjusted returns
Sortino (3Y)
1.75Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to track the investment results of the S&P 500 Revenue-Weighted Index.
Strategy
Invests at least 90% of total assets in securities of the S&P 500 Revenue-Weighted Index. Uses a revenue-weighted methodology to measure performance of positive revenue-producing securities of the S&P 500 Index. Employs full replication methodology to track the Underlying Index.
Inception date
February 19, 2008
Fund family
Invesco

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
91.1%
TE
3.8%
Beta
0.94
Fee
3× 0.11%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=index_enhanced + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19