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The 2023 equity market rally has been led in large part by growth sectors — communication services, consumer discretionary, and technology. That, coupled with elevated recession speculation earlier in the year, has been a drag on cyclical sectors, including industrials.
Transportation has the best value and quality scores in the sector. Other subsectors are overvalued by 22% to 46% relative to 11-year averages.
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Industrials ETF (RGI), a passively managed exchange traded fund launched on 11/01/2006.
Designed to provide broad exposure to the Industrials ETFs category of the market, the Invesco S&P 500 Equal Weight Industrials ETF (RGI) is a smart beta exchange traded fund launched on 11/01/2006.
FAQ
- What is RGI ETF?
- Does RGI pay dividends?
- What stocks are in RGI ETF?
- What is the current assets under management for RGI?
- What is RGI average volume?
- What is RGI expense ratio?
- What is RGI inception date?