Key stats
About Invesco Exchange-Traded Fund Trust II Invesco S&P 500 Revenue ETF
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Inception date
Feb 19, 2008
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
RWL takes the securities of the S&P 500 Index, an index consisting of 500 large-cap US companies across various industry groups. The fund reweights each company by its revenue rather than its market cap. It follows that RWL underweights technology in favor of consumer firms, which generate large sales, but unlike some other fundamentally-weighted funds, it ignores profit margins. Overall, RWL delivers a decent, if revenue-biased, approximation of the market. The index constituents are rebalanced on a quarterly basis. Prior to June 4, 2018, the funds underlying index was called OFI Revenue Weighted Large Cap Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Retail Trade
Finance
Stocks100.01%
Retail Trade16.57%
Finance16.16%
Electronic Technology9.56%
Technology Services8.03%
Health Services7.26%
Energy Minerals6.08%
Distribution Services5.88%
Health Technology4.43%
Consumer Non-Durables3.85%
Consumer Services3.83%
Consumer Durables3.32%
Producer Manufacturing3.04%
Transportation2.66%
Utilities2.59%
Process Industries2.56%
Communications1.84%
Industrial Services1.09%
Non-Energy Minerals0.62%
Commercial Services0.62%
Miscellaneous0.00%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
North America97.66%
Europe2.34%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RWL invests in stocks. The fund's major sectors are Retail Trade, with 16.57% stocks, and Finance, with 16.17% of the basket. The assets are mostly located in the North America region.
RWL top holdings are Walmart Inc. and Amazon.com, Inc., occupying 3.81% and 3.73% of the portfolio correspondingly.
RWL last dividends amounted to 0.36 USD. The quarter before, the issuer paid 0.39 USD in dividends, which shows a 7.29% decrease.
RWL assets under management is 5.67 B USD. It's risen 3.15% over the last month.
RWL fund flows account for 2.00 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RWL pays dividends to its holders with the dividend yield of 1.42%. The last dividend (Jun 27, 2025) amounted to 0.36 USD. The dividends are paid quarterly.
RWL shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Feb 19, 2008, and its management style is Passive.
RWL expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
RWL follows the S&P 500 Revenue-Weighted Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RWL invests in stocks.
RWL price has risen by 3.00% over the last month, and its yearly performance shows a 12.55% increase. See more dynamics on RWL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.98% over the last month, showed a 4.86% increase in three-month performance and has increased by 12.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.98% over the last month, showed a 4.86% increase in three-month performance and has increased by 12.78% in a year.
RWL trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.