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Published on 15 Nov 2022 on Zacks via Yahoo Finance

Should You Invest in the Invesco S&P 500 Equal Weight Materials ETF (RTM)?


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Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Materials ETF (RTM) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.

Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.

Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Materials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 16, placing it in bottom 0%.

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