RWL

Issuer

Invesco

Inception

2008-02-19

Exchange

AMEX

CUSIP

46138G698

Structure

—

Benchmark

—

Leverage

1x

Reset

—

The Invesco S&P 500 Revenue ETF (RWL) aims to mirror the performance of the S&P 500 Revenue-Weighted Index, committing a minimum of 90% of its total assets to the index's constituent securities. This index employs a systematic methodology to adjust the weight of companies within the standard S&P 500, allocating proportionally more to those generating higher revenue, while ensuring no single company's weighting surpasses 5%. Both the ETF and its underlying index undergo quarterly rebalancing. According to Morningstar Inc. data as of August 31, 2025, the Fund achieved an overall 5-star rating among 1,077 comparable funds. Its performance also earned 4 stars for the 3-year period (out of 1,077 funds), 5 stars for the 5-year period (out of 1,018 funds), and 5 stars for the 10-year period (out of 826 funds). These ratings reflect a risk-adjusted return methodology that scrutinizes monthly performance fluctuations, penalizing downside volatility more heavily while acknowledging consistent results. For comparative analysis, both open-end mutual funds and ETFs are evaluated as a single group, with ratings only assigned to funds boasting a minimum of three years of operational history. The overarching rating is a composite, weighted average derived from the 3-, 5-, and 10-year metrics (where applicable), factoring in all fees and expenses but excluding sales charges. It is important to note that Morningstar retains all rights to this proprietary data, which should not be copied or distributed, and is not guaranteed to be precise, comprehensive, or current. Neither Morningstar nor its data suppliers accept liability for any losses or damages resulting from its use. Investors are reminded that historical performance is not indicative of future returns. Within any given category, the top 10% of funds are awarded five stars, the subsequent 22.5% receive four stars, the next 35% get three stars, the following 22.5% are assigned two stars, and the bottom 10% are given one star. These ratings are dynamic and can fluctuate monthly. Furthermore, if fee waivers or expense reimbursements had not been in effect at any point, the Morningstar rating might have been lower. Performance characteristics specific to other share classes may result in different ratings.

Reported net asset value

$135.29

NAV provider updated

2026-10-30 UTC

Premium / discount

—

Median spread · 30D

—

Average volume · 30D

283.4K

Shares outstanding

—

Options

—

TTM distribution yield

1.2%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-09-21

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.39%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$39.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

9.77%

Beta vs VOO · 1Y

—

Maximum drawdown · 1Y

▼ −6.6%

Historical risk measures describe past behavior and do not predict future returns.