Invesco S&P 500 Equal Weight Financials ETF (RSPF) Valuation
RSPF valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 15.0 trailing earnings
- Forward P/E
- 11.9 analyst estimates
- Price / sales
- 2.47
- Price / book
- 2.08
- EV / EBITDA
- 9.4
- Earnings yield
- 6.65% inverse of P/E
- Dividend yield
- 1.89% of the holdings
- Return on equity
- 13.8% combined
- Net margin
- 16.4% combined
- Beta
- 0.94 weighted, vs S&P 500
RSPF valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RSPF | 15.0 | 11.9 | 2.47 | 2.08 | 1.89% | 13.8% | 16.4% | 2.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
RSPF valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 92.1% | 15.1 | 12.5 | 2.51 | 2.14 | 1.95% | 14.2% |
| Technology | 6.6% | 13.0 | 8.8 | 2.02 | 1.76 | 1.26% | 13.6% |
| Industrials | 1.3% | 39.3 | 5.3 | 2.17 | 0.97 | 1.20% | 2.5% |
RSPF earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How RSPF weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RSPF largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| FDS | FactSet Research Systems Inc. | 1.62% | 20.7 | 13.9 | 4.3 | 1.54% | 1.18% |
| BRO | Brown & Brown, Inc. | 1.53% | 21.9 | 12.6 | 3.5 | 0.95% | 1.05% |
| EG | Everest Group, Ltd. | 1.49% | 8.2 | 6.2 | 0.9 | 2.06% | 2.71% |
| CBOE | Cboe Global Markets, Inc. | 1.49% | 24.6 | 21.9 | 6.5 | 1.09% | 0.91% |
| TRV | The Travelers Companies, Inc. | 1.48% | 10.5 | 10.8 | 1.7 | 1.28% | 2.13% |
| AJG | Arthur J. Gallagher & Co. | 1.48% | 42.3 | 16.3 | 4.3 | 1.10% | 0.53% |
| MSCI | MSCI Inc. | 1.48% | 31.1 | 24.7 | 12.4 | 1.44% | 0.71% |
| SPGI | S&P Global Inc. | 1.47% | 26.1 | 19.9 | 7.9 | 0.90% | 0.85% |
| AIG | American International Group, Inc. | 1.47% | 14.8 | 8.5 | 1.6 | 2.48% | 1.50% |
| PYPL | PayPal Holdings, Inc. | 1.47% | 10.7 | 9.1 | 1.4 | 0.99% | 2.06% |
| MA | Mastercard Incorporated | 1.46% | 34.0 | 24.2 | 15.4 | 0.56% | 0.64% |
| MRSH | Marsh & McLennan Companies, Inc. | 1.45% | 22.5 | 15.0 | 3.2 | 2.10% | 0.97% |
| PGR | The Progressive Corporation | 1.45% | 11.0 | 12.7 | 1.4 | 0.18% | 1.98% |
| BLK | BlackRock, Inc. | 1.43% | 25.8 | 16.4 | 6.5 | 2.02% | 0.83% |
| V | Visa Inc. | 1.43% | 34.3 | 24.0 | 17.0 | 0.67% | 0.63% |
| CME | CME Group Inc. | 1.42% | 24.9 | 21.9 | 15.6 | 1.77% | 0.86% |
| FISV | Fiserv, Inc. | 1.42% | 9.1 | 5.7 | 1.2 | — | 2.34% |
| NDAQ | Nasdaq, Inc. | 1.41% | 27.4 | 23.6 | 9.4 | 1.23% | 0.78% |
| ACGL | Arch Capital Group Ltd. | 1.40% | 7.9 | 9.6 | 1.8 | — | 2.65% |
| CINF | Cincinnati Financial Corporation | 1.39% | 8.1 | 18.5 | 1.9 | 2.20% | 2.58% |
| AON | Aon plc | 1.38% | 16.1 | 13.5 | 3.5 | 1.12% | 1.29% |
| ALL | The Allstate Corporation | 1.38% | 5.0 | 8.3 | 0.9 | 1.74% | 4.19% |
| CB | Chubb Limited | 1.38% | 12.7 | 11.6 | 2.2 | 1.13% | 1.63% |
| BRK.B | Berkshire Hathaway Inc. | 1.38% | 13.4 | 22.7 | 3.0 | — | 1.55% |
| ICE | Intercontinental Exchange, Inc. | 1.37% | 22.8 | 18.1 | 8.6 | 1.29% | 0.90% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About RSPF valuation
Adding up its 76 holdings with company data, RSPF trades at 15.0 times trailing earnings and 11.9 times analysts' forward estimates, with a price-to-book ratio of 2.08 and a dividend yield of 1.89%. Its earnings yield of 6.65% is 1.32 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 15.0% of the fund and earn 13.6% of its combined profit. By sector, Industrials is the most expensive at 39.3 times earnings and Technology the cheapest at 13.0. Companies that lost money over the past year are 2.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.98% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RSPF chart, RSPF performance, RSPF holdings, RSPF dividends.
RSPF valuation FAQ
What is the P/E ratio of RSPF?
Based on its holdings, RSPF has a trailing P/E of 15.0 and a forward P/E of 11.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RSPF?
The trailing earnings yield is 6.65% (1 ÷ P/E) and the forward earnings yield 8.37%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RSPF more expensive than the S&P 500?
RSPF trades at 15.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 11.9 and 19.9.
What is the price-to-book ratio of RSPF?
The holdings of RSPF trade at 2.08 times book value, with a combined return on equity of 13.8%.
Which sector in RSPF has the highest P/E?
Industrials has the highest P/E at 39.3 and Technology the lowest at 13.0.