What's So Special About the Invesco S&P 500 Equal Weight ETF?
There's a "strange" thing going on in the broader market today, with a small number of large stocks (particularly Nvidia) largely driving market returns. That's left the Invesco S 500 Equal Weight ETF (NYSEMKT: RSP) trailing the market cap weighted SPDR S 500 ETF (NYSEMKT: SPY). That's not an indictment of the Invesco S 500 Equal Weight ETF, however. It's an indication of just how important equal weighting can be to a portfolio.
The S&P 500 index is constructed to be representative of the broader economy, with the roughly 500 stocks in the list selected by human beings based on fair criteria. The list is updated regularly to account for changes like spin-offs, bankruptcies, and the changing shape of the economy overall. The index does a solid job of tracking the stock market.
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Source Fool.com
Invesco Ltd. Stock
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With a target price of 18 € there is a positive potential of 26.85% for Invesco Ltd. compared to the current price of 14.19 €.
