The Invesco S&P 500 Equal Weight Financials ETF (RSPF) offers exposure to the Financials – Broad segment of the equity market. Passively managed, it has low costs and transparency, making it popular among investors. With assets over $261.57 million, it seeks to match the S&P 500 EQUAL WEIGHT FINANCIALS INDEX performance. Annual operating expenses are 0.40%. Top holdings include Goldman Sachs Group Inc/the (GS), Arch Capital Group Ltd (ACGL), and Bank Of America Corp (BAC). It has added 5.83% this year and 22.22% in the last one year.

The ETF provides diversified exposure to the Financials sector, with a 12-month trailing dividend yield of 1.52%. It has a beta of 1.06 and a standard deviation of 13.32% for the trailing three-year period. With 72 holdings, it effectively diversifies company-specific risk. The Invesco S&P 500 Equal Weight Financials ETF holds a Zacks ETF Rank of 2 (Buy) and is a great option for investors seeking exposure to the Financials ETFs segment of the market.

Other ETFs in the space include the Vanguard Financials ETF (VFH) and the Financial Select Sector SPDR ETF (XLF), which track different indexes and have varying assets and expense ratios. VFH has $9.31 billion in assets with an expense ratio of 0.10%, while XLF has $40.06 billion in assets with an expense ratio of 0.09%. Investors can explore these alternatives for exposure to the Financials sector.

Read more at Nasdaq: Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RSPF)?