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RGI (Invesco S&P 500 Equal Weight Industrials ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The 2023 equity market rally has been led in large part by growth sectors — communication services, consumer discretionary, and technology. That, coupled with elevated recession speculation earlier in the year, has been a drag on cyclical sectors, including industrials.
Invesco has changed the tickers for its suite of equal-weight sector ETFs. Invesco united its lineup of 11 equal-weight sector ETFs with new tickers that connect back to the $33.6 billion Invesco S&P 500® Equal Weight ETF (RSP), effective June 6.
Transportation has the best value and quality scores in the sector. Other subsectors are overvalued by 22% to 46% relative to 11-year averages.
The index plummeted all the way down to -31.8, the lowest since January when the index reached a slightly worse -32.9. The month-over-month declines across many categories were nothing short of historic in May.
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Industrials ETF (RGI), a passively managed exchange traded fund launched on 11/01/2006.
Designed to provide broad exposure to the Industrials ETFs category of the market, the Invesco S&P 500 Equal Weight Industrials ETF (RGI) is a smart beta exchange traded fund launched on 11/01/2006.
Transportation is undervalued by 21% relative to historical averages. Other subsectors are overvalued by 20% to 42%.
Markets retreated in February, as the S&P 500 clawed back some of its January gains. In February, three Invesco equal weight sector ETFs saw notable inflows.