RWL

The Invesco S&P 500 Revenue ETF (RWL) holds all 500 companies in the S&P 500 but assigns each stock a weight based on its share of total index revenue rather than market‑capitalisation, resulting in a broad U.S. large‑cap exposure across all sectors. The fund tracks the S&P 500 Revenue‑Weighted Index, applying a 5 % cap on any single holding and rebalancing the revenue‑based weights each quarter. By emphasizing revenue‑driven weighting, the ETF tilts toward firms with higher sales and generally lower valuation multiples than a traditional market‑cap index. It may suit investors who want diversified U.S. large‑cap equity exposure with a fundamental, value‑oriented bias and prefer a passive, rules‑based approach.