RSP vs RWL: Holdings Overlap
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
RWLInvesco S&P 500 Revenue ETF
Invesco · 502 holdings · $9.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (RSP: 2026-04-30, RWL: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are RSP and RWL?
Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504 positions; Invesco S&P 500 Revenue ETF (RWL, by Invesco) holds 502. They have 501 holdings in common, and by portfolio weight the two funds are 47.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 47.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 501RSP holds 504 · RWL holds 502
- Weight in Shared Holdings
- RSP 99%·RWL 100%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Sector Breakdown
| Sector | RSP | RWL |
|---|---|---|
| Health Care | 10.9% | 19.3% |
| Information Technology | 15.9% | 15.4% |
| Industrials | 15.5% | 8.9% |
| Financials | 15.5% | 15.1% |
| Consumer Discretionary | 9.2% | 12.1% |
| Other Sectors | 32.5% | 29.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
| RWL | +3.1% | +17.9% | +31.3% | +19.4% | +14.1% | +14.1% | 1.20% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in RSP vs RWL →
Shared Holdings(501)
The top 10 shared positions account for 6% of the overlap, led by INTC, AMD and CNC.
 INTCIntel Corp. | 0.38% | 0.62% | 0.38% |
|---|---|---|---|
 AMDAdvanced Micro Devices, Inc. | 0.33% | 0.43% | 0.33% |
 CNCCentene Corp. | 0.29% | 1.59% | 0.29% |
 DELLDell Technologies Inc. | 0.27% | 1.59% | 0.27% |
 HUMHumana Inc. | 0.27% | 1.13% | 0.27% |
 HPEHewlett Packard Enterprise Co. | 0.26% | 0.35% | 0.26% |
 QCOMQUALCOMM Inc. | 0.26% | 0.41% | 0.26% |
 UNHUnitedHealth Group Inc. | 0.25% | 2.92% | 0.25% |
 ELVElevance Health, Inc. | 0.25% | 1.32% | 0.25% |
 CATCaterpillar Inc. | 0.24% | 0.41% | 0.24% |
 AMZNAmazon.com, Inc. | 0.24% | 4.47% | 0.24% |
 MUMicron Technology, Inc. | 0.24% | 0.48% | 0.24% |
 AVGOBroadcom Inc. | 0.23% | 0.44% | 0.23% |
 NUENucor Corp. | 0.25% | 0.23% | 0.23% |
 MSMorgan Stanley | 0.23% | 0.76% | 0.23% |
 CCitigroup Inc. | 0.23% | 0.96% | 0.23% |
 CSCOCisco Systems, Inc. | 0.22% | 0.45% | 0.22% |
 DALDelta Air Lines, Inc. | 0.22% | 0.43% | 0.22% |
 BNYBank of New York Mellon Corp. (The) | 0.22% | 0.24% | 0.22% |
 METMetLife, Inc. | 0.22% | 0.45% | 0.22% |
 JBLJabil Inc. | 0.25% | 0.22% | 0.22% |
 HPQHP Inc. | 0.22% | 0.40% | 0.22% |
 GSGoldman Sachs Group, Inc. (The) | 0.22% | 0.77% | 0.22% |
 FDXFedEx Corp. | 0.21% | 0.50% | 0.21% |
 CICigna Group (The) | 0.21% | 1.43% | 0.21% |
Showing the top 250 of 501 shared holdings by overlap weight.
Frequently Asked Questions
How much do RSP and RWL overlap?
RSP and RWL overlap by 47.2% of portfolio weight. They share 501 holdings (RSP holds 504 positions and RWL holds 502), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSP and RWL?
The two portfolios are 47.2% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of RSP and RWL?
The largest positions held by both funds are INTC, AMD, CNC, DELL and HUM. Together the top 10 shared positions account for 6% of the total overlap.
What does RSP own that RWL doesn't?
3 positions (0.6% of RSP) are unique to RSP, led by CTRA, CASY and CCL. In the other direction, 1 positions (0.1% of RWL) are unique to RWL.