Stock Events

Invesco S&P 500 Equal Weight Materials 

M$553.18
0
+M$0+0% Tuesday 19:58

Statistics

Day High
554.26
Day Low
554.26
52W High
554.26
52W Low
554.26
Volume
0
Avg. Volume
17,500
Mkt Cap
-
P/E Ratio
-
Dividend Yield
2.1%
Dividend
11.64

Upcoming

Dividends

2.1%Dividend Yield
10Y Growth
N/A
5Y Growth
-21.97%
3Y Growth
-39.61%
1Y Growth
-67.97%

People Also Follow

This list is based on the watchlists of people on Stock Events who follow RSPM.MX. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Materials Select Sector SPDR
XLB
Mkt Cap5.67B
XLB, the Materials Select Sector SPDR Fund, directly competes by focusing on materials sector stocks within the S&P 500, though it uses a market cap-weighted index approach.
Vanguard Materials
VAW
Mkt Cap2.94B
Vanguard Materials ETF offers exposure to the U.S. materials sector, similar to RTM, but also uses a market cap-weighted index, making it a direct competitor.
Fidelity MSCI Materials Index
FMAT
Mkt Cap523.14M
Fidelity MSCI Materials Index ETF is a competitor as it tracks an index of stocks in the materials sector, offering similar exposure but with a different index provider.
iShares Global Materials
MXI
Mkt Cap250.09M
iShares Global Materials ETF competes by providing exposure to global materials stocks, expanding beyond the U.S. focus of RTM but still targeting the same sector.
iShares U.S. Basic Materials
IYM
Mkt Cap598.33M
iShares U.S. Basic Materials ETF is a direct competitor, focusing on U.S. materials stocks. It differs mainly in its index methodology and provider.
ProShares UltraShort Materials
SMN
Mkt Cap1.18M
ProShares UltraShort Basic Materials offers a unique competition by providing inverse exposure to the materials sector, appealing to investors with a bearish outlook on the same stocks RTM holds.
ProShares Ultra Materials
UYM
Mkt Cap42.12M
ProShares Ultra Basic Materials competes by offering leveraged exposure to the materials sector, targeting the same stocks but for investors seeking higher risk and return.
iShares MSCI Global Metals & Mining Producers
PICK
Mkt Cap1.16B
iShares MSCI Global Metals & Mining Producers ETF competes by focusing on the metals and mining sub-sector within materials, offering a more specialized exposure compared to RTM's broader sector focus.
VanEck Steel
SLX
Mkt Cap93.68M
VanEck Vectors Steel ETF is a competitor by targeting a specific industry within the materials sector, offering niche exposure compared to RTM's diversified materials sector approach.
iShares Global Timber & Forestry
WOOD
Mkt Cap188.23M
iShares Global Timber & Forestry ETF competes by investing in the timber and forestry industry, a specific component of the materials sector, providing an alternative focus within the same sector.

About

RSPM differentiates itself by using an equal-weighting strategy, which only includes basic materials companies in the S&P 500. Smaller companies have the same weighting as giants, tilting the whole fund to midcaps. Perhaps surprisingly, this does not increase RSPM's portfolio volatility. In short, investors who want to make a less-concentrated bet on the most liquid basic materials firms can do so with confidence in RSPM. The index is rebalanced on a quarterly basis. Prior to June 7, 2023, the fund traded under the ticker RTM.
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CEO
Country
US
ISIN
US46137V3160

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