What this ETF is trying to do

The INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF (ticker: RSPG) is an exchange-traded fund designed to provide exposure to the energy sector. Unlike many funds that give more weight to the largest companies, this ETF uses an "equal weight" approach. This means it aims to give similar importance to the different energy companies within its portfolio rather than letting one giant company dominate the fund.

What the numbers show

The data shows that RSPG has experienced significant growth in its share price recently. As of October 6, 2026, the current price is $112.75. To understand how much the price has changed, we can look at an estimated price from roughly one year ago, which was approximately $79.82.

Here is a breakdown of the returns:

• Year-to-Date (YTD) Price Return: 41.67%

• One-Year Price Return: 41.25%

• Three-Year Price Return: 53.36%

It is important to distinguish between price return and total return. Price return only measures how much the share price moved. Total return includes both the price movement and any cash distributions paid out to investors. For RSPG, the total returns are higher than the price returns:

• YTD Total Return: 43.77%

• One-Year Total Return: 44.29%

• Three-Year Total Return: 65.05%

Income and distribution explanation

RSPG provides cash distributions to investors. The distribution yield is 1.835%, which describes the cash paid out relative to the current ETF price. Over the last 12 months, there were 4 distributions, and the fund usually pays these on a quarterly basis. The trailing distributions amount is $2.069 per share.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, regarding price-based evidence, the fund has an erosion-risk score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.

Top Holdings

The following are the top holdings in the fund (note that this list is partial):

• Kinder Morgan Inc Class P (4.80%)

• Phillips 66 (4.74%)

• Marathon Petroleum Corp (4.70%)

• Targa Resources Corp (4.67%)

• Valero Energy Corp (4.67%)

• ExxonMobil Holdings Corp (4.66%)

Pros and Cons

Pros:

• The fund has shown strong positive total returns over the one-year and three-year periods.

• The erosion-risk score suggests no significant price erosion has been detected.

Cons:

• As an energy-focused ETF, its performance is tied to the energy sector.

• The distribution yield is relatively modest compared to some high-income funds.

Beginner takeaway

RSPG is an energy sector ETF that uses equal weighting for its companies. While the share price has grown significantly over the last year, investors should remember that total return (which includes dividends) is the most complete way to see how the fund performed. Always remember that a distribution yield tells you about cash payments, but it does not guarantee the share price will stay the same.