Invesco S&P 500 Revenue ETF
Invesco Exchange-Traded Fund Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco S&P 500 Revenue ETF is a U.S. equity index ETF that tracks the S&P 500 Revenue-Weighted Index. 8% of RWL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2025 Q4
The Invesco S&P 500 Revenue ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S&P 500 Revenue-Weighted Index (the Underlying Index).
The fund tracks the S&P 500 Revenue-Weighted Index through full replication, holding all 504 constituent securities weighted by trailing four-quarter revenue rather than market capitalization, subject to a 5% maximum weight per holding. Because revenue weighting can diverge significantly from market-cap weighting, the fund's sector and individual security exposures may differ materially from the standard S&P 500.
| Share class | Expense ratio |
|---|---|
| RWL | 0.39% |
Portfolio turnover 20.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.77% |
| Cash & short-term | 1.90% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Health Care | 19.0% |
| Information Technology | 15.2% |
| Financials | 14.9% |
| Consumer Discretionary | 12.0% |
| 8 smaller | 39.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc.AMZN | 4.47% | $270.64 | $406.03M | 1.5M |
| WMT | Walmart Inc.WMT | 3.27% | $115.75 | $297.50M | 2.6M |
| UNH | UnitedHealth Group Inc.UNH | 2.92% | $380.31 | $265.56M | 698.3K |
| AAPL | Apple Inc.AAPL | 2.55% | $312.06 | $231.98M | 743.4K |
| CVS | CVS Health Corp.CVS | 2.37% | $90.98 | $215.02M | 2.4M |
| BRK/B | Berkshire Hathaway Inc.BRK/B | 1.75% | $474.48 | $158.96M | 335.0K |
| MSFT | Microsoft Corp.MSFT | 1.66% | $450.24 | $151.22M | 335.9K |
| DELL | Dell Technologies Inc.DELL | 1.59% | $420.91 | $144.56M | 343.5K |
| CNC | Centene Corp.CNC | 1.58% | $59.60 | $144.11M | 2.4M |
| MCK | McKesson Corp.MCK | 1.55% | $742.44 | $140.78M | 189.6K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 23.71% of net assets, top 25 42.55%, across 501 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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