Published on 22 Mar 2023 on Zacks via Yahoo Finance
The Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS) made its debut on 11/01/2006, and is a smart beta exchange traded fund that provides broad exposure to the Consumer Staples ETFs category of the market.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.