Inflation-Adjusted Invesco S&P 500 Equal Weight ETF (RSP)

The Invesco S&P 500 Equal Weight ETF (RSP) tracks the S&P 500 Equal Weight Index, offering a unique approach by giving each company in the index an equal allocation.

Evaluating an investment's performance accurately means looking beyond nominal returns to understand its real-world value. This page adjusts RSP's historical prices for inflation using the US Consumer Price Index, revealing its true growth in purchasing power. Use the interactive charts and data tables to see the fund's actual long-term performance.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use May 2026 as the baseline (latest available CPI).

The current value of the Invesco S&P 500 Equal Weight ETF is 212.17 (as of the close of Jun 16, 2026), 0.33% lower than the all-time high of 212.88 (Jun 15, 2026).

Since May 1, 2003, the inflation-adjusted total return for the ETF has been 545.36%, which is equivalent to an annual growth rate of 8.4%.

In nominal values, the total return since this date has been 1,079%, or an annualized rate of 11.26%.

Inflation-Adjusted Values by Month

This data presents the ETF's end-of-month closing levels over time. The inflation-adjusted column shows what each past level would represent in roughly today's dollars based on the latest CPI reading, following the same present-value method that underlies the US Inflation Calculator. The newest row will show matching nominal and adjusted values until another CPI update becomes available.

Date	Inflation-Adjusted	Nominal value
Jun 2026	212.17	212.17
May 2026	208.83	208.83
Apr 2026	204.72	203.44
Mar 2026	194.77	191.92
Feb 2026	209.31	204.1
Jan 2026	203.23	197.24
Dec 2025	197.26	190.75
Nov 2025	196.41	189.96
Oct 2025	186.39	186.39
Sep 2025	194.13	188.15
Aug 2025	192.68	186.27
Jul 2025	188.12	181.34
Jun 2025	186.47	179.48
May 2025	180.9	173.53
Apr 2025	173.79	166.36
Mar 2025	178.54	170.38
Feb 2025	185.24	176.37
Jan 2025	187.16	177.41
Dec 2024	182.14	171.53
Nov 2024	194.4	183.01
Oct 2024	182.56	171.96
Sep 2024	185.75	174.76
Aug 2024	181.92	170.88
Jul 2024	177.64	166.73
Jun 2024	170.26	159.62
May 2024	171.19	160.44
Apr 2024	166.74	156
Mar 2024	175.87	163.91
Feb 2024	169.43	156.89
Jan 2024	163.85	150.79
Dec 2023	166.15	152.08
Nov 2023	155.39	142.37
Oct 2023	142.04	130.4
Sep 2023	148.11	136.03
Aug 2023	156.42	143.31
Jul 2023	162.31	148.05
Jun 2023	157.11	143.04
May 2023	146.42	132.88
Apr 2023	152.61	138.14
Mar 2023	152.83	137.65
Feb 2023	154.66	138.84
Jan 2023	160.97	143.7
Dec 2022	151.05	133.77
Nov 2022	158.01	140.37
Oct 2022	148.03	131.63
Sep 2022	135.55	120.05
Aug 2022	149.55	132.16
Jul 2022	154.89	136.93
Jun 2022	142.54	126.03
May 2022	159.47	139.09
Apr 2022	159.63	137.71
Mar 2022	171.69	147.29
Feb 2022	169.46	143.46
Jan 2022	172.54	144.75
Dec 2021	181.94	151.37
Nov 2021	171.74	142.44
Oct 2021	177.26	146.3
Sep 2021	169.74	138.94
Aug 2021	176.92	144.42
Jul 2021	173.18	141.08
Jun 2021	171.79	139.28
May 2021	173.34	139.24
Apr 2021	171.44	136.62
Mar 2021	165.14	130.52
Feb 2021	156.83	123.08
Jan 2021	148.64	116.02
Dec 2020	150.5	116.97
Nov 2020	144.63	112.31
Oct 2020	126.46	98.26
Sep 2020	127.22	98.81
Aug 2020	130.69	101.36
Jul 2020	125.73	97.21
Jun 2020	120.36	92.59
May 2020	119.28	91.26
Apr 2020	113.87	87.11
Mar 2020	98.85	76.13
Feb 2020	120.29	92.85
Jan 2020	132.36	101.89
Dec 2019	135.43	103.85
Nov 2019	131.74	101.11
Oct 2019	127.34	97.79
Sep 2019	126.08	96.6
Aug 2019	122.19	93.54
Jul 2019	126.31	96.7
Jun 2019	125.46	95.89
May 2019	116.68	89.16
Apr 2019	125.63	95.8
Mar 2019	121.92	92.48
Feb 2019	121.59	91.72
Jan 2019	117.79	88.47
Dec 2018	107.47	80.57
Nov 2018	118.44	89.08
Oct 2018	115.04	86.81
Sep 2018	124.24	93.59
Aug 2018	124.18	93.43
Jul 2018	121.86	91.64
Jun 2018	118.2	88.88
May 2018	117.25	88.03
Apr 2018	116.06	86.77
Mar 2018	116.09	86.44
Feb 2018	117.44	87.25
Jan 2018	123.39	91.26
Dec 2017	118.85	87.43
Nov 2017	117.32	86.35
Oct 2017	113.03	83.19
Sep 2017	111.74	82.3
Aug 2017	109.13	79.95
Jul 2017	110.56	80.76
Jun 2017	108.75	79.49
May 2017	107.6	78.58
Apr 2017	107.09	78.14
Mar 2017	106.7	77.63
Feb 2017	106.77	77.61
Jan 2017	103.85	75.25
Dec 2016	102.4	73.77
Nov 2016	101.29	72.95
Oct 2016	96.1	69.32
Sep 2016	98.63	71.06
Aug 2016	98.77	70.98
Jul 2016	98.71	70.87
Jun 2016	94.63	68.05
May 2016	95	68.1
Apr 2016	94.1	67.19
Mar 2016	93.38	66.36
Feb 2016	86.86	61.45
Jan 2016	86.07	60.85
Dec 2015	91.29	64.43
Nov 2015	93.29	66.07
Oct 2015	92.81	65.87
Sep 2015	86.71	61.57
Aug 2015	89.28	63.49
Jul 2015	94.3	67.16
Jun 2015	93.41	66.51
May 2015	95.91	68.06
Apr 2015	95.71	67.57
Mar 2015	95.51	67.3
Feb 2015	97.01	67.95
Jan 2015	92.15	64.27
Dec 2014	94.48	66.2
Nov 2014	93.68	66.02
Oct 2014	90.76	64.3
Sep 2014	87.88	62.42
Aug 2014	90.28	64.07
Jul 2014	86.49	61.49
Jun 2014	88.52	62.96
May 2014	86.22	61.21
Apr 2014	84.7	59.92
Mar 2014	84.65	59.69
Feb 2014	84.69	59.33
Jan 2014	80.69	56.32
Dec 2013	83.46	58.04
Nov 2013	81.12	56.42
Oct 2013	79.19	55.19
Sep 2013	75.75	52.92
Aug 2013	72.84	50.84
Jul 2013	75.13	52.37
Jun 2013	71.15	49.57
May 2013	72.21	50.19
Apr 2013	70.44	48.88
Mar 2013	69.2	48.07
Feb 2013	66.48	46.06
Jan 2013	66.38	45.61
Dec 2012	62.51	42.83
Nov 2012	60.96	41.88
Oct 2012	59.91	41.35
Sep 2012	60.38	41.69
Aug 2012	59.4	40.83
Jul 2012	57.95	39.62
Jun 2012	57.79	39.57
May 2012	55.56	38.1
Apr 2012	59.66	40.96
Mar 2012	60.3	41.27
Feb 2012	59.38	40.34
Jan 2012	57.34	38.78
Dec 2011	54.5	36.7
Nov 2011	54.28	36.64
Oct 2011	54.71	36.97
Sep 2011	48.29	32.69
Aug 2011	53.17	35.95
Jul 2011	56.94	38.39
Jun 2011	59.13	39.82
May 2011	60.15	40.56
Apr 2011	60.8	40.81
Mar 2011	59.34	39.57
Feb 2011	59.42	39.24
Jan 2011	57.41	37.73
Dec 2010	56.49	36.94
Nov 2010	52.78	34.46
Oct 2010	52.37	34.18
Sep 2010	50.63	33
Aug 2010	45.98	29.95
Jul 2010	48.34	31.45
Jun 2010	45.04	29.29
May 2010	48.02	31.26
Apr 2010	51.88	33.75
Mar 2010	50.63	32.88
Feb 2010	47.41	30.66
Jan 2010	45.52	29.43
Dec 2009	47.24	30.44
Nov 2009	45.08	29.1
Oct 2009	42.74	27.57
Sep 2009	44.43	28.63
Aug 2009	42.22	27.19
Jul 2009	40.06	25.74
Jun 2009	36.63	23.58
May 2009	37.39	23.86
Apr 2009	35.22	22.41
Mar 2009	29.75	18.88
Feb 2009	27.05	17.13
Jan 2009	30.62	19.3
Dec 2008	33.56	21.05
Nov 2008	32.22	20.42
Oct 2008	34.97	22.6
Sep 2008	43.77	28.57
Aug 2008	49.05	32.07
Jul 2008	47.45	31.14
Jun 2008	47.94	31.3
May 2008	53.71	34.72
Apr 2008	52.76	33.82
Mar 2008	50.21	31.99
Feb 2008	51.6	32.6
Jan 2008	53.36	33.61
Dec 2007	56.04	35.12
Nov 2007	56.97	35.73
Oct 2007	60.11	37.47
Sep 2007	59.57	37.06
Aug 2007	58.28	36.16
Jul 2007	58.13	36.13
Jun 2007	60.86	37.84
May 2007	62.13	38.55
Apr 2007	60.55	37.34
Mar 2007	58.37	35.77
Feb 2007	58.42	35.48
Jan 2007	59.01	35.64
Dec 2006	57.8	34.81
Nov 2006	57.56	34.61
Oct 2006	56.08	33.77
Sep 2006	53.75	32.54
Aug 2006	52.24	31.78
Jul 2006	50.94	30.94
Jun 2006	51.78	31.35
May 2006	52.03	31.44
Apr 2006	53.89	32.4
Mar 2006	53.88	32.13
Feb 2006	53.07	31.47
Jan 2006	53	31.36
Dec 2005	51.34	30.15
Nov 2005	50.86	29.99
Oct 2005	48.25	28.68
Sep 2005	49.68	29.47
Aug 2005	50.04	29.33
Jul 2005	50.74	29.58
Jun 2005	48.5	28.15
May 2005	47.79	27.72
Apr 2005	45.68	26.53
Mar 2005	47.51	27.4
Feb 2005	48.54	27.78
Jan 2005	47.81	27.2
Dec 2004	49.43	28.07
Nov 2004	47.49	27.06
Oct 2004	44.91	25.58
Sep 2004	44.1	24.99
Aug 2004	43.09	24.36
Jul 2004	43.15	24.39
Jun 2004	45.15	25.56
May 2004	43.96	24.81
Apr 2004	43.46	24.38
Mar 2004	44.65	24.97
Feb 2004	45.24	25.14
Jan 2004	44.64	24.67
Dec 2003	43.82	24.1
Nov 2003	41.62	22.91
Oct 2003	40.65	22.44
Sep 2003	37.97	20.98
Aug 2003	38.67	21.3
Jul 2003	37.21	20.42
Jun 2003	36.4	19.95
May 2003	36.12	19.78

Returns from Investing in the Invesco S&P 500 Equal Weight ETF

How much did an investment in the RSP ETF really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for the Invesco S&P 500 Equal Weight ETF by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Observe how inflation erodes nominal gains, sometimes resulting in a negative real return even when the ETF nominally increased, as in 2007.

Year	Inflation-Adjusted Return	Nominal Return
2024	9.62%	12.78%
2023	10%	13.69%
2022	-16.98%	-11.62%
2021	20.9%	29.4%
2020	11.13%	12.64%
2019	26.02%	28.9%
2018	-9.57%	-7.85%
2017	16.06%	18.51%
2016	12.17%	14.5%
2015	-3.38%	-2.68%
2014	13.2%	14.06%
2013	33.52%	35.53%
2012	14.7%	16.7%
2011	-3.53%	-0.67%
2010	19.58%	21.36%
2009	40.77%	44.6%
2008	-40.11%	-40.06%
2007	-3.05%	0.91%
2006	12.59%	15.45%
2005	3.86%	7.41%
2004	12.8%	16.48%

Invesco S&P 500 Equal Weight Etf: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for the Invesco S&P 500 Equal Weight over various trailing periods ending May 31, 2026, offering a clearer view of long-term, real investment performance.

Period	Avg. Annual Return (Inflation-Adjusted)	Avg. Annual Return (Nominal)
Last 1 year	15.44%	20.34%
Last 3 years	12.56%	16.26%
Last 5 years	3.8%	8.44%
Last 10 years	8.2%	11.86%
Last 20 years	7.2%	9.93%

Real Returns of Investing in the Invesco S&P 500 Equal Weight

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in September 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Invesco S&P 500 Equal Weight five years ago yielded an 52.86% nominal gain, but the real return (the actual increase in buying power) was 23.79%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period	What $100 Grew To (Nominal)	Total Nominal Return (%)	Total Inflation-Adjusted Return (%)
Last 5 years Feb 2021 - Sep 2025	$152.86	52.86%	23.79%
Last 10 years Feb 2016 - Sep 2025	$306.16	206.16%	123.51%

About the Invesco S&P 500 Equal Weight ETF

The Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund from Invesco that tracks the S&P 500 Equal Weight Index. Launched in April 2003, RSP takes a different approach from traditional market-cap-weighted ETFs by assigning an equal weight to each of the 500 stocks in the S&P 500 Index at each quarterly rebalancing.

This methodology reduces concentration risk in the largest companies and provides greater exposure to smaller firms in the S&P 500. RSP is favored by investors seeking a more balanced exposure to the US large-cap market.

Last Close Jun 16, 2026	212.17
Highest Jun 15, 2026	212.88
Highest, Inflation-Adjusted Jun 15, 2026	212.88
Annualized return Since May 1, 2003	11.26%
Annualized return, Inflation-Adjusted Since May 1, 2003	8.4%