Invesco S&P 500 Equal Weight Utilities ETF (RSPU) Valuation
RSPU valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.3 trailing earnings
- Forward P/E
- 14.3 analyst estimates
- Price / sales
- 2.29
- Price / book
- 1.95
- EV / EBITDA
- 11.7
- Earnings yield
- 5.78% inverse of P/E
- Dividend yield
- 3.19% of the holdings
- Return on equity
- 11.3% combined
- Net margin
- 13.2% combined
- Beta
- 0.55 weighted, vs S&P 500
RSPU valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RSPU | 17.3 | 14.3 | 2.29 | 1.95 | 3.19% | 11.3% | 13.2% | 0.0% |
| 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.
RSPU valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Utilities | 99.7% | 17.3 | 14.3 | 2.29 | 1.95 | 3.19% | 11.3% |
RSPU 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 RSPU weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RSPU largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| EVRG | Evergy, Inc. | 3.49% | 21.2 | 19.5 | 3.2 | 3.34% | 2.86% |
| AEP | American Electric Power Company, Inc. | 3.47% | 22.0 | 17.2 | 3.0 | 2.99% | 2.74% |
| LNT | Alliant Energy Corporation | 3.44% | 21.6 | 17.5 | 4.0 | 3.13% | 2.76% |
| WEC | WEC Energy Group, Inc. | 3.42% | 21.1 | 16.9 | 3.5 | 3.50% | 2.81% |
| PNW | Pinnacle West Capital Corporation | 3.39% | 19.9 | 16.9 | 2.3 | 3.52% | 2.97% |
| AWK | American Water Works Company, Inc. | 3.38% | 23.4 | 20.0 | 5.1 | 2.65% | 2.51% |
| AES | The AES Corporation | 3.36% | 5.6 | 6.6 | 0.8 | 4.71% | 10.42% |
| PPL | PPL Corporation | 3.36% | 20.8 | 15.4 | 2.8 | 3.24% | 2.80% |
| CNP | CenterPoint Energy, Inc. | 3.36% | 24.0 | 17.7 | 2.8 | 2.37% | 2.43% |
| SO | The Southern Company | 3.36% | 22.0 | 17.0 | 3.5 | 3.33% | 2.65% |
| EIX | Edison International | 3.35% | 5.8 | 8.2 | 1.1 | 6.28% | 10.10% |
| FE | FirstEnergy Corp. | 3.35% | 24.6 | 14.7 | 1.7 | 4.03% | 2.36% |
| ED | Consolidated Edison, Inc. | 3.33% | 18.2 | 16.1 | 2.3 | 3.16% | 3.18% |
| XEL | Xcel Energy Inc. | 3.31% | 20.9 | 16.0 | 3.3 | 3.11% | 2.75% |
| ETR | Entergy Corporation | 3.31% | 26.9 | 19.6 | 3.7 | 2.44% | 2.14% |
| D | Dominion Energy, Inc. | 3.31% | 22.0 | 15.9 | 3.1 | 4.20% | 2.61% |
| DUK | Duke Energy Corporation | 3.30% | 18.3 | 15.9 | 2.9 | 3.57% | 3.13% |
| NI | NiSource Inc. | 3.20% | 22.7 | 17.4 | 3.0 | 2.81% | 2.44% |
| CMS | CMS Energy Corporation | 3.18% | 20.6 | 15.2 | 2.4 | 3.32% | 2.68% |
| ATO | Atmos Energy Corporation | 3.17% | 19.9 | 17.6 | 5.7 | 2.39% | 2.76% |
| SRE | Sempra | 3.16% | 24.1 | 14.5 | 4.0 | 3.15% | 2.28% |
| ES | Eversource Energy | 3.14% | 17.3 | 13.3 | 1.8 | 4.71% | 3.15% |
| AEE | Ameren Corporation | 3.14% | 18.7 | 17.5 | 3.5 | 2.83% | 2.91% |
| EXC | Exelon Corporation | 3.14% | 16.0 | 13.7 | 1.8 | 3.86% | 3.40% |
| PEG | Public Service Enterprise Group Incorporated | 3.08% | 17.8 | 15.0 | 2.8 | 3.75% | 3.01% |
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 RSPU valuation
Adding up its 31 holdings with company data, RSPU trades at 17.3 times trailing earnings and 14.3 times analysts' forward estimates, with a price-to-book ratio of 1.95 and a dividend yield of 3.19%. Its earnings yield of 5.78% is 0.45 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 34.0% of the fund and earn 35.0% of its combined profit. Companies that lost money over the past year are 0.0% 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 99.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RSPU chart, RSPU performance, RSPU holdings, RSPU dividends.
RSPU valuation FAQ
What is the P/E ratio of RSPU?
Based on its holdings, RSPU has a trailing P/E of 17.3 and a forward P/E of 14.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RSPU?
The trailing earnings yield is 5.78% (1 ÷ P/E) and the forward earnings yield 6.98%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RSPU more expensive than the S&P 500?
RSPU trades at 17.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.3 and 19.9.
What is the price-to-book ratio of RSPU?
The holdings of RSPU trade at 1.95 times book value, with a combined return on equity of 11.3%.