When a company such as Invesco Exchange-Traded Fund Trust - S&P 500 Equal Weight ETF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the RSP split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Invesco Exchange-Traded Fund Trust - S&P 500 Equal Weight ETF shares, starting with a $10,000 purchase of RSP, presented on a split-history-adjusted basis factoring in the complete RSP split history.

About Invesco Exchange-Traded Fund Trust - S&P 500 Equal Weight ETF

Rydex ETF - Guggenheim S&P 500 Equal Weighted Index Fund is an open-ended investment company. Co. seeks to replicate the performance of the S&P 500® Equal Weight Index (the Index). The Index is an unmanaged equal-weighted version of the S&P 500® Index, which measures the performance of the capitalization sector of the U.S. equity market and includes 500 common stocks chosen for market size, liquidity and industry group representation. As of Oct 31 2014, the Fund's total assets were $9,215,740,783 and the Fund's investment portfolio was valued at $9,206,894,216. According to our RSP split history records, Invesco Exchange-Traded Fund Trust - S&P 500 Equal Weight ETF has had 1 split.

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