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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco S&P 500® Equal Weight Materials ETF

$41.33+2.20% today
314152-WK
Price & daily flows
39.236.333.441.33DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +19.2% so far this year. At 0.40% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$189Massets under management
0.40%expense ratio · $40 per $10,000 a year
net flow, trailing month
30Kavg daily volume, 30 days
29holdings
2006listed October 31, 2006 · beta 0.74
The book at a glance
NEM+3.1%IP+2.8%AMCR+1.6%SW+2.5%FCX+7.6%MOS+4.5%CF+3.1%AVY+0.6%PKG+1.3%BALL+1.6%SHW-0.1%IFF+1.1%APD+1.6%CTVA+2.9%ECL+0.1%LYB-0.8%VMC+2.0%PPG+1.1%ALB+6.8%NUE+1.3%MLM+1.8%LIN+1.3%CRH+2.1%DOW-1.7%STLD+4.4%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1NEMNEWMONT5.07%$131.58+3.1%
2IPINTERNATIONAL PAPER4.72%$41.49+2.8%
3AMCRAMCOR4.61%$48.59+1.6%
4SWSMURFIT WESTROCK PLC4.60%$49.39+2.5%
5FCXFREEPORT-MCMORAN4.23%$76.66+7.6%
6MOSMOSAIC4.34%$24.41+4.5%
7CFCF INDUSTRIES HOLDINGS4.26%$129.60+3.1%
8AVYAVERY DENNISON4.31%$183.71+0.6%
9PKGPACKAGING CORP OF AMERICA4.24%$252.79+1.3%
10BALLBALL4.21%$63.59+1.6%
11SHWSHERWIN WILLIAMS4.20%$346.59-0.1%
12IFFINTERNATIONAL FLAVORS & FRAGRANCES4.14%$84.28+1.1%
13APDAIR PRODUCTS & CHEMICALS4.00%$305.10+1.6%
14CTVACORTEVA3.93%$81.79+2.9%
15ECLECOLAB4.03%$281.63+0.1%

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Performance
1 week+2.4%
1 month+7.5%
3 months+7.7%
6 months+2.2%
YTD+19.2%
1 year+22.3%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
20%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-12.3%deepest fall from a peak, 1 year
at peakwhere it sits vs. that peak today

The top holding is 5.1% of the book; the top ten carry 45%. Spread across 27+ names, it behaves like roughly 25 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
17Kshares traded
Most-traded holdings, options premiumBullishBearish
FCX FREEPORT-MCMORAN$34M$37M
NEM NEWMONT$16M$19M
ALB ALBEMARLE$3M$4M
LYB LYONDELLBASELL INDUSTRIES NV$4M$923,874
LIN LINDE$2M$3M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against RSPM

Due diligence cuts both ways. These funds sit on the same shelf and beat RSPM on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M-37bp on fee · 518× the assets · +$245M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-35bp on fee · 679× the assets · +$547M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-36bp on fee · 179× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-36bp on fee · 149× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-37bp on fee · 4768× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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