Nervous about the AI Trade - Own Invesco S&P 500 Equal Weight ETF or Invesco S&P 100 Equal Weight ETF
Market-cap-weighted indexes like the standard S&P 500 have become heavily concentrated in a handful of mega-cap artificial intelligence and technology stocks. If you are nervous about a pullback in the AI trade, equal-weight ETFs offer a way to stay invested in U.S. large-cap equities while capping single-stock concentration risk through quarterly rebalancing.
Two popular equal-weight solutions from Invesco are the Invesco S&P 500 Equal Weight ETF (RSP), which spreads capital evenly across ~500 leading U.S. companies (~0.20% target weight each), and the Invesco S&P 100 Equal Weight ETF (EQWL), which equally weights 100 blue-chip mega-cap leaders (~1.00% target weight each). Use the comparison table, interactive line charts, and historical return calculator below—powered by Alpha Vantage—to evaluate how both ETFs perform with dividends reinvested.
ETF Feature Comparison: RSP vs. EQWL
| Fund Attribute | Invesco S&P 500 Equal Weight ETF (RSP) | Invesco S&P 100 Equal Weight ETF (EQWL) |
|---|---|---|
| Ticker Symbol | RSP (NYSE Arca) | EQWL (NYSE Arca) |
| Underlying Index | S&P 500® Equal Weight Index | S&P 100® Equal Weight Index |
| Number of Holdings | ~500 stocks (~0.20% weight per stock) | ~100 blue-chip stocks (~1.00% weight per stock) |
| Market Cap Tilt | Broader large-cap with greater mid-cap tilt | Mega-cap / established blue-chip companies |
| Expense Ratio | 0.20% | 0.25% |
| Assets Under Management (AUM) | ~$99+ Billion (High liquidity) | ~$2.7+ Billion |
| 30-Day SEC / Dividend Yield | ~1.57% | ~1.62% – 1.67% |
| Rebalancing Frequency | Quarterly | Quarterly |
| AI / Mega-Cap Protection | Maximum dilution of mega-cap tech across 500 names | Caps mega-cap AI names at ~1% while keeping blue-chip quality |
| Official Fund Links | Invesco RSP Overview | RSP Fact Sheet (PDF) | Invesco EQWL Overview | EQWL Fact Sheet (PDF) |
Historical Return & Growth Calculator
Historical Performance Comparison Table
| Performance Results | RSP | EQWL |
|---|---|---|
| Start Date | 2021-11-30 | 2021-11-30 |
| Start Price | $141.36 | $74.60 |
| End Date | 2026-11-13 | 2026-11-13 |
| End Price | $221.16 | $133.18 |
| # Prices | 61 | 61 |
| Initial One-time Investment | $1,000.00 | $1,000.00 |
| Number Shares Purchased | 7.074247 | 13.404269 |
| Min Date | Sep-30-2022 | Sep-30-2022 |
| Min Price | $119.14 | $61.57 |
| Max Date | Nov-13-2026 | Aug-31-2026 |
| Max Price | $221.16 | $134.12 |
| Total Return | 56.45% | 78.52% |
| Annualized Return | 9.36% | 12.29% |
| Current Value of Investment | $1,565 | $1,785 |
| # Returns | 1,830 | 1,830 |
| Average Return | 20.98% | 30.56% |
| Minimum Return | -20.69% | -21.84% |
| Maximum Return | 85.63% | 117.83% |
| Number Profitable Returns | 1,615 | 1,676 |
| Percent Profitable Returns | 88.25% | 91.58% |
| Number Unprofitable Returns | 215 | 154 |
| Percent Unprofitable Returns | 11.75% | 8.42% |
| Profitable to Unprofitable Returns Ratio | 7.51 | 10.88 |