Invesco S&P 500 Revenue ETF
U.S. stock index ETF · tracks S&P 500 Revenue-Weighted Index
As of its 2026 Q2 report, Invesco S&P 500 Revenue ETF held 504 positions with $9.09B in net assets. Its ten largest holdings made up 23.7% of the fund. The RWL share class costs 0.39% a year. Over the 12 months to May 2026, RWL returned 28.1%, with dividends reinvested. In 2026 Q2 it added 7 new positions and exited 8.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AMZNAmazon.com, Inc. | 4.47% | $406.03M | 1.5M | $270.64 |
WMTWalmart Inc. | 3.27% | $297.50M | 2.6M | $115.75 |
2.92% | $265.56M | 698.3K | $380.31 | |
AAPLApple Inc. | 2.55% | $231.98M | 743.4K | $312.06 |
2.37% | $215.02M | 2.4M | $90.98 | |
1.75% | $158.96M | 335.0K | $474.48 | |
MSFTMicrosoft Corp. | 1.66% | $151.22M | 335.9K | $450.24 |
1.59% | $144.56M | 343.5K | $420.91 | |
1.58% | $144.11M | 2.4M | $59.60 | |
1.55% | $140.78M | 189.6K | $742.44 |
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.
The 200 largest of 504 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.77% |
| Cash & short-term | 1.90% |
By sector
- Health Care
- 19.0%
- Information Technology
- 15.2%
- Financials
- 14.9%
- Consumer Discretionary
- 12.0%
- 8 other sectors
- 39.0%
- Health Care
- 19.0%
- Information Technology
- 15.2%
- Financials
- 14.9%
- Consumer Discretionary
- 12.0%
- Consumer Staples
- 10.0%
- Industrials
- 8.8%
- Communication Services
- 7.0%
- Energy
- 6.0%
- Materials
- 2.4%
- Utilities
- 2.2%
- Cash
- 1.9%
- Real Estate
- 0.9%
How it has done
RWL share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.57%. Past returns are a record, not a forecast.
Fees & fund details
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
- Expense ratio, by class
- 0.39%· RWL 0.39%
- Portfolio turnover
- 20.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
7 new
8 exited
Understand how this fund fits with the rest.
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