Invesco S&P 500 Revenue ETF (RWL) offers exposure to Large Cap Value

From NASDAQ: 2024-06-04 06:20:07

The Invesco S&P 500 Revenue ETF (RWL) was launched in 2008 to provide exposure to the Large Cap Value segment of the US equity market, with over $3.20 billion in assets.

Large Cap Value companies have market capitalization above $10 billion, offering stability but lower growth rates than mid and small caps. RWL has an expense ratio of 0.39% and a dividend yield of 1.48%.

The ETF has the highest allocation to Healthcare sector and top holdings include Walmart, Amazon, and Apple. RWL seeks to match the performance of the S&P 500 Revenue Weighted Index, with a 8.42% gain in 2024 so far.

Investors looking for a passively managed ETF in the Large Cap Value area can consider RWL, with alternatives like IWD and VTV. These ETFs track similar indexes but have different assets and expense ratios.

With a Zacks ETF Rank of 3, RWL is a suitable option for investors seeking exposure to Large Cap Value. ETFs like RWL are popular among retail and institutional investors due to low costs, transparency, and tax efficiency.



Read more at NASDAQ: Should Invesco S&P 500 Revenue ETF (RWL) Be on Your Investing Radar?