Invesco S&P 500 Equal Weight Index ETF Inc
Invesco S&P 500 Equal Weight Index ETF (LSE: SPES) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £49.92 (about ₹6,355 a unit) as of 1 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.2%. Indian residents can buy SPES through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£49.70
Today's high
£50.04
52 week low
£43.80
52 week high
£52.49
SPES opened at £49.95, closed previously at £50.13, and has traded between £43.80 and £52.49 over the past 52 weeks.
About
The investment objective of the Fund is to achieve the net total return performance of the S&P 500 Equal Weight Index (the Reference Index) less fees, expenses and transaction costs. Further information on the components and selection criteria of the Reference Index is set out below under General Description of the Reference Index.
Key statistics
Expense ratio
0.2%
Assets (AUM)
£1.2B
Holdings
—
NAV
£5,008.05
Avg. volume
—
1-year price change
+11.48%
5-year price change
+41.17%
Price change excludes dividends.
Top 10 holdings
These 10 are 2.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy SPES from India
Indian residents can buy SPES units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Search SPES and buy
Find the fund by its ticker, SPES, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in SPES from India
Trading and taxes when buying SPES from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the SPES price today?
Invesco S&P 500 Equal Weight Index ETF (SPES) last traded at £49.92 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:35 AM ET. That is ₹6,355 a unit at the 30 Sep 2026 GBP/INR rate.
When does SPES trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is SPES, and what does it cost to hold?
Invesco S&P 500 Equal Weight Index ETF manages about £1.2B. Its expense ratio is 0.2% a year, deducted inside the fund. It launched in 2021.
What are SPES's largest holdings?
The top three are MODERNA INC USD0.0001 (0.3%), Everpure Inc CLASS A USD0.0001 (0.3%) and ILLUMINA INC USD0.01 (0.3%). SPES's 10 largest positions make up 2.6% of the fund.
Does SPES pay dividends?
Yes. SPES is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on SPES taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has SPES performed?
SPES' price is up 11.5% over the past year and up 41.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.