RWL holdings and overlap
Invesco S&P 500 Revenue ETF (RWL) holds 502 positions in its Invesco file of 2026-10-24. Its three largest are Walmart (WMT) at 4.12%, Amazon (AMZN) at 3.77% and Apple (AAPL) at 2.55%, and its ten largest make up 24.6% of the fund.
In its Invesco file of 2026-10-24, RWL is 19.9% health care, 14.6% financials and 13.1% technology by sector, with 13.6% in mega-cap tech and 15.7% in the ten largest US companies by market value.
What does RWL hold, as of its issuer file of 2026-10-24?
RWL spreads its weight across 502 positions, against a median of 308 across the 36 US Large Value funds with a page here. The position RWL carries furthest above that group is Amazon at 3.77% of the fund, a company the median fund in that group does not hold at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | WMT Walmart | 4.12% | |
| 2 | AMZN Amazon | 3.77% | |
| 3 | AAPL Apple | 2.55% | |
| 4 | UNH UnitedHealth Group | 2.37% | |
| 5 | MCK McKesson | 2.28% | |
| 6 | BRK.B Berkshire Hathaway | 2.04% | |
| 7 | CVS CVS Health | 2.03% | |
| 8 | XOM ExxonMobil | 2.01% | |
| 9 | MSFT Microsoft | 1.75% | |
| 10 | COR Cencora | 1.68% | |
| 11 | COST Costco | 1.61% | |
| 12 | CI Cigna | 1.54% | |
| 13 | NVDA Nvidia | 1.41% | |
| 14 | JPM JPMorgan Chase | 1.38% | |
| 15 | CAH Cardinal Health | 1.31% | |
| 16 | CVX Chevron | 1.14% | |
| 17 | META Meta Platforms | 1.11% | |
| 18 | ELV Elevance Health | 1.1% | |
| 19 | CNC Centene | 1.1% | |
| 20 | GOOGL Alphabet Class A | 1.07% | |
| 21 | GOOG Alphabet Class C | 1.07% | |
| 22 | KR Kroger | 0.87% | |
| 23 | MPC Marathon Petroleum | 0.87% | |
| 24 | HD Home Depot | 0.86% | |
| 25 | GM General Motors | 0.83% | |
| 26 | PSX Phillips 66 | 0.82% | |
| 27 | F Ford Motor | 0.8% | |
| 28 | BAC Bank of America | 0.78% | |
| 29 | C Citigroup | 0.76% | |
| 30 | HUM Humana | 0.76% | |
| 31 | VLO Valero Energy | 0.75% | |
| 32 | DELL Dell Technologies | 0.64% | |
| 33 | VZ Verizon | 0.63% | |
| 34 | WFC Wells Fargo | 0.58% | |
| 35 | CMCSA Comcast | 0.58% | |
| 36 | GS Goldman Sachs | 0.57% | |
| 37 | MS Morgan Stanley | 0.53% | |
| 38 | T AT&T | 0.53% | |
| 39 | DIS Walt Disney | 0.53% | |
| 40 | TSLA Tesla | 0.52% | |
| 41 | TGT Target | 0.52% | |
| 42 | ACN Accenture | 0.52% | |
| 43 | PG Procter & Gamble | 0.49% | |
| 44 | JNJ Johnson & Johnson | 0.48% | |
| 45 | PGR Progressive | 0.48% | |
| 46 | PEP PepsiCo | 0.48% | |
| 47 | UPS United Parcel Service | 0.45% | |
| 48 | FDX FedEx | 0.45% | |
| 49 | LOW Lowe's | 0.45% | |
| 50 | RTX RTX | 0.45% | |
| 51 | LLY Eli Lilly | 0.45% | |
| 52 | LMT Lockheed Martin | 0.44% | |
| 53 | HCA HCA Healthcare | 0.43% | |
| 54 | BA Boeing | 0.42% | |
| 55 | SYY Sysco | 0.42% | |
| 56 | AXP American Express | 0.41% | |
| 57 | MET MetLife | 0.41% | |
| 58 | AVGO Broadcom | 0.39% | |
| 59 | MU Micron Technology | 0.38% | |
| 60 | BG Bunge Global | 0.38% | |
| 61 | TMUS T-Mobile US | 0.38% | |
| 62 | ADM Archer Daniels Midland | 0.38% | |
| 63 | ABBV AbbVie | 0.36% | |
| 64 | IBM IBM | 0.36% | |
| 65 | TJX TJX Companies | 0.35% | |
| 66 | COF Capital One | 0.35% | |
| 67 | ALL Allstate | 0.35% | |
| 68 | COP ConocoPhillips | 0.34% | |
| 69 | PFE Pfizer | 0.34% | |
| 70 | DAL Delta Air Lines | 0.33% | |
| 71 | CB Chubb Limited | 0.32% | |
| 72 | MRK Merck | 0.32% | |
| 73 | PRU Prudential Financial | 0.31% | |
| 74 | CAT Caterpillar | 0.31% | |
| 75 | HPQ HP Inc. | 0.3% | |
| 76 | CSCO Cisco | 0.3% | |
| 77 | TSN Tyson Foods | 0.3% | |
| 78 | UAL United Airlines | 0.28% | |
| 79 | GD General Dynamics | 0.27% | |
| 80 | KO Coca-Cola | 0.26% | |
| 81 | TRV Travelers Companies | 0.26% | |
| 82 | ORCL Oracle | 0.26% | |
| 83 | UBER Uber | 0.26% | |
| 84 | TMO Thermo Fisher Scientific | 0.25% | |
| 85 | V Visa | 0.24% | |
| 86 | BBY Best Buy | 0.24% | |
| 87 | BMY Bristol Myers Squibb | 0.23% | |
| 88 | INTC Intel | 0.23% | |
| 89 | DG Dollar General | 0.23% | |
| 90 | NKE Nike | 0.23% | |
| 91 | ABT Abbott Laboratories | 0.23% | |
| 92 | PM Philip Morris International | 0.23% | |
| 93 | NOC Northrop Grumman | 0.23% | |
| 94 | DOW Dow | 0.23% | |
| 95 | DE Deere | 0.23% | |
| 96 | CRM Salesforce | 0.22% | |
| 97 | GE GE Aerospace | 0.22% | |
| 98 | CHTR Charter Communications | 0.22% | |
| 99 | QCOM Qualcomm | 0.22% | |
| 100 | AMGN Amgen | 0.21% |
The most recent file Invesco has published for RWL is dated 2026-10-24, 4 days before these prices, which is the median for the Invesco ETFs covered here. Every one of the 502 positions RWL holds, with its weight, is in the fund's JSON file. See the other 112 ETFs with a page here that hold WMT, and how their weights compare with the 4.12% RWL gives it.
Category: US Large Value, set by TickerInside from the ETF's own latest file. In its file of 2026-10-24, 100% of its stocks are US companies; weighted by holding, they sit where 60% of their market's value is in larger companies (large: up to 78%); growth index funds hold 25% of their value against 41% for companies of the same sizes in the whole market (value: 10 points or more below). How categories are set.
https://tickerinside.com/api/v1/fund/rwl.jsonhttps://tickerinside.com/api/v1/fund/rwl.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/rwl.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/rwl.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/rwl.jsonHow much money went into or out of RWL?
On the close of Friday, October 23, 2026, $27 million went into RWL, 0.26% of its assets, as it created shares. Over its last 5 closes, a net inflow of $81 million.
From RWL's own holdings files. Every ETF's latest flows.
How is RWL split by sector?
| Sector | Weight | Weight bar |
|---|---|---|
| Health care | 19.9% | |
| Financials | 14.6% | |
| Technology | 13.1% | |
| Consumer staples | 12.0% | |
| Consumer discretionary | 11.2% | |
| Industrials | 9.2% | |
| Energy | 7.4% | |
| Communication services | 7.0% | |
| Utilities | 2.4% | |
| Materials | 2.4% | |
| Real estate | 0.9% |
From its Invesco file of 2026-10-24. How these are measured.
What did RWL hold in its SEC reports since 2019?
In RWL's SEC filings, its largest position went from Walmart (WMT) at 4.09% on 2019-11-30 to Amazon (AMZN) at 4.47% on 2026-05-31, across 27 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-11-30 | 486 | WMT 4.09% | 21.3% |
| 2020-11-30 | 491 | WMT 4.44% | 21.7% |
| 2021-11-30 | 498 | WMT 4.08% | 23.6% |
| 2022-11-30 | 493 | WMT 4.18% | 22.5% |
| 2023-11-30 | 495 | WMT 3.62% | 23.2% |
| 2024-11-30 | 499 | WMT 4.09% | 23.5% |
| 2025-11-30 | 501 | WMT 4.01% | 24.6% |
| 2026-05-31 | 501 | AMZN 4.47% | 23.7% |
The first report, then the last of each year, of the 27 reports RWL filed on SEC Form N-PORT from 2019-11-30 to 2026-05-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/rwl/{date}.json. How these are read.
What does RWL duplicate?
The ETF nearest to RWL is VLU: the two hold 69.5% of their weight in common, in the 497 companies both own, and 99.7% of RWL itself is also held there. Owning RWL alongside the ETFs at the top of this table means about half of the weight is held twice. RWL is close to contained in VLU.
| ETF | Overlap by weight | Of RWL held there | Of that ETF in RWL | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| VLU | 69.5% | 99.7% | 85.5% | 497 | |
| FNDX | 68.5% | 98.1% | 90.6% | 458 | |
| PRF | 66.5% | 98.2% | 89.0% | 483 | |
| IUS | 65.8% | 87.0% | 92.2% | 376 | |
| SPYV | 58.8% | 85.2% | 100.0% | 434 | |
| IVE | 58.8% | 85.2% | 100.0% | 434 | |
| VOOV | 58.5% | 84.7% | 99.2% | 426 | |
| IUSV | 57.5% | 85.2% | 94.7% | 434 | |
| XYLD | 57.3% | 99.9% | 99.8% | 501 | |
| SPY | 57.1% | 100.0% | 99.9% | 502 | |
| IVV | 57.1% | 100.0% | 99.9% | 502 | |
| SPYM | 57.0% | 100.0% | 99.9% | 502 |
FNDX's holdings are from its SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-27. VOOV's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. The other ETFs' holdings are from their issuers' latest files. Check RWL against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to RWL?
SMIN shares 0% of weight with RWL and its weekly returns correlate with it at 0.33 over three years. The table lists the covered ETFs with the least in common with RWL, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| SMIN | iShares MSCI India Small-Cap ETF | 0.0% | 0.33 | 0 |
| MCHI | iShares MSCI China ETF | 0.0% | 0.34 | 0 |
| PFF | iShares Preferred and Income Securities ETF | 0.0% | 0.61 | 0 |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 0.0% | 0.72 | 0 |
| XMMO | Invesco S&P MidCap Momentum ETF | 0.0% | 0.73 | 0 |
| XMLV | Invesco S&P MidCap Low Volatility ETF | 0.0% | 0.76 | 0 |
| XSMO | Invesco S&P SmallCap Momentum ETF | 0.0% | 0.78 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.84 | 0 |
Cost, returns and risk
| Expense ratio | 0.39% |
|---|---|
| Dividend yield | 1.25% |
| Total return, 1 year | 21.9% |
| Total return, 3 years cumulative | 77.9% |
| Total return, 5 years cumulative | 84.6% |
| Volatility, annualised | 11.4% |
| Worst fall, 3 years | -11.9% |
| Beta against SPY, 3 years of weekly returns | 0.69 |
| Weight in the ten largest positions | 24.6% |
| Largest single position | 4.1% |
| Assets under management | $9.7B |
Expense ratio, yield and assets are reference data (the expense ratio from RWL's SEC filing of 2025-12-18); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-24; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.84often in step | 132 |
| QQQ | 0.65loosely linked | 143 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 18.6% |
| 2025 | 18.6% |
| 2024 | 16.4% |
| 2023 | 17.4% |
| 2022 | -6.0% |
One year
Where to go next
- SCHD, Schwab US Dividend Equity ETF
- SCHV, Schwab U.S. Large-Cap Value ETF
- SDY, State Street SPDR S&P Dividend ETF
- SPLV, Invesco S&P 500 Low Volatility ETF
- Run a portfolio x-ray to see what RWL carries once you look through it
- Compare RWL against any other ETF in the builder
Holdings from the most recent file Invesco has published, dated 2026-10-24. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, Invesco S&P 500 Revenue ETF (RWL), holdings from the issuer's file of 2026-10-24, https://tickerinside.com/etf/rwl/, CC BY 4.0
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