Guggenheim S&P 500 Equal Weight ETF (RSP)
#17
Best Fit Large-Cap Funds ETFs
U.S. News evaluated 102 Large-Cap Funds ETFs and 33 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
How we identify Best Fit Funds
| Best Fit Scorecard |
| Costs |
Good |
| Tracking Error |
Excellent |
| Bid/Ask Ratio |
Typical |
| Holdings Diversity |
Excellent |
Fund Description
The investment seeks to replicate as closely as possible, before fees and expenses, the daily performance of the S&P 500 Equal Weight Index Total Return.
The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. It may hold up to 10% of its assets in securities not included in the underlying index. The underlying index is an unmanaged equal-weighted version of the S&P 500 Index, which is an unmanaged capitalization-weighted index comprised of 500 common stocks, chosen by "S&P" on a statistical basis. The fund is non-diversified.
Fund Snapshot Updated 05.23.2013
| Previous Close |
$63.04 |
Expense Ratio |
0.40% |
| YTD Return |
18.7% |
Avg. 30-Day Volume |
936,525 |
| 1-Year Return |
32.3% |
Market Cap |
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| Bid |
$63.06 |
Shares Outstanding |
63,908,000 |
| Ask |
$63.07 |
Dividends |
$0.89 |
| Top 10 Holdings |
| First Solar Inc (FSLR) |
0.37% |
| Advanced Micro Devices Inc (AMD) |
0.29% |
| Actavis Inc (ACT) |
0.27% |
| Gamestop Corp New (GME) |
0.27% |
| Biogen Idec Inc (BIIB) |
0.25% |
| Seagate Technology Plc (STX) |
0.25% |
| Best Buy Inc (BBY) |
0.24% |
| Western Digital Corp (WDC) |
0.24% |
| Moodys Corp (MCO) |
0.24% |
| Regeneron Pharmaceuticals (REGN) |
0.24% |
| % of Total Holdings |
2.70% |
Sector Breakdown
Geographic Breakdown