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Invesco S&P 500 Revenue ETF (RWL)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46138G6989
CUSIP
46138G698
Issuer
Invesco
Inception Date
Feb 19, 2008
Region
North America (U.S.)
Category
S&P 500
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Revenue-Weighted Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco S&P 500 Revenue ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Invesco S&P 500 Revenue ETF (RWL) has returned 0.74% so far this year and 17.35% over the past 12 months. Looking at the last ten years, RWL has achieved an annualized return of 12.99%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Invesco S&P 500 Revenue ETF

1D
2.04%
1M
-4.73%
YTD
0.74%
6M
4.59%
1Y
17.35%
3Y*
16.48%
5Y*
12.15%
10Y*
12.99%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 22, 2008, RWL's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, your investment would double in approximately 6.0 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +14.7%, while the worst month was Oct 2008 at -23.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, RWL closed higher 54% of trading days. The best single day was Nov 24, 2008 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -10.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.00%2.65%-4.73%0.74%
20254.98%0.07%-3.05%-2.29%3.66%4.02%-0.50%4.28%2.64%1.01%2.59%0.19%18.65%
20241.04%4.17%4.74%-4.19%2.78%0.71%3.42%1.91%0.83%-0.98%7.20%-5.59%16.45%
20236.06%-3.55%1.10%0.99%-2.59%7.29%3.50%-2.77%-2.55%-2.24%6.92%4.95%17.43%
2022-1.80%-0.85%3.99%-5.90%1.21%-8.65%8.09%-2.18%-8.78%11.01%5.52%-5.55%-6.00%
20210.02%4.38%7.35%4.19%2.17%-0.05%0.76%2.03%-3.63%5.66%-1.92%6.43%30.29%

Benchmark Metrics

Invesco S&P 500 Revenue ETF has an annualized alpha of 2.11%, beta of 0.92, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since February 25, 2008.

  • This ETF captured 104.31% of S&P 500 Index gains but only 98.08% of its losses — a favorable profile for investors.
  • This ETF generated an annualized alpha of 2.11% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.92 and R² of 0.89, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
2.11%
Beta
0.92
0.89
Upside Capture
104.31%
Downside Capture
98.08%

Expense Ratio

RWL has an expense ratio of 0.39%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RWL ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


RWL Risk / Return Rank: 6666
Overall Rank
RWL Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
RWL Sortino Ratio Rank: 6464
Sortino Ratio Rank
RWL Omega Ratio Rank: 6565
Omega Ratio Rank
RWL Calmar Ratio Rank: 6262
Calmar Ratio Rank
RWL Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco S&P 500 Revenue ETF (RWL) and compare them to a chosen benchmark (S&P 500 Index).


RWLBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.15

0.90

+0.26

Sortino ratio

Return per unit of downside risk

1.68

1.39

+0.30

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.64

1.40

+0.24

Martin ratio

Return relative to average drawdown

7.90

6.61

+1.30

Explore RWL risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Invesco S&P 500 Revenue ETF provided a 1.38% dividend yield over the last twelve months, with an annual payout of $1.58 per share. The fund has been increasing its distributions for 4 consecutive years.


1.40%1.50%1.60%1.70%1.80%1.90%2.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.58$1.54$1.40$1.37$1.20$1.08$1.09$1.09$0.93$0.82$0.74$0.78

Dividend yield

1.38%1.35%1.43%1.60%1.62%1.35%1.75%1.87%1.99%1.60%1.71%1.97%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P 500 Revenue ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.43$0.43
2025$0.00$0.00$0.39$0.00$0.00$0.36$0.00$0.00$0.40$0.00$0.00$0.39$1.54
2024$0.00$0.00$0.35$0.00$0.00$0.33$0.00$0.00$0.36$0.00$0.00$0.36$1.40
2023$0.00$0.00$0.35$0.00$0.00$0.31$0.00$0.00$0.33$0.00$0.00$0.38$1.37
2022$0.00$0.00$0.29$0.00$0.00$0.31$0.00$0.00$0.30$0.00$0.00$0.31$1.20
2021$0.00$0.00$0.28$0.00$0.00$0.24$0.00$0.00$0.27$0.00$0.00$0.28$1.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco S&P 500 Revenue ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco S&P 500 Revenue ETF was 54.83%, occurring on Mar 9, 2009. Recovery took 484 trading sessions.

The current Invesco S&P 500 Revenue ETF drawdown is 4.73%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.83%May 16, 2008204Mar 9, 2009484Feb 8, 2011688
-36.04%Feb 13, 202027Mar 23, 2020161Nov 9, 2020188
-21.38%May 2, 2011108Oct 3, 2011100Feb 27, 2012208
-19.49%Sep 24, 201864Dec 24, 2018131Jul 3, 2019195
-17.49%Apr 21, 2022113Sep 30, 2022193Jul 11, 2023306

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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