Education
About Us
Working with TipRanks
Follow Us
RSP - ETF AI Analysis
Top Page
Invesco S&P 500 Equal Weight ETF (RSP)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Micron, AMD, and Western Digital, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across 11 sectors, including Technology, Industrials, and Financials, reducing reliance on any single industry.
Low Expense Ratio
With a competitive expense ratio of 0.2%, the fund offers cost-efficient exposure compared to many actively managed alternatives.
Negative Factors
High U.S. Concentration
The ETF has nearly all its assets invested in U.S. companies, limiting exposure to international markets and diversification.
Mixed Performance Among Holdings
While some holdings have performed well, others like Albemarle and Tesla have shown weaker year-to-date returns, which could drag on overall performance.
Equal Weighting Risks
The equal-weight strategy may underperform during periods when larger-cap stocks dominate market gains, as no single stock is given higher priority.
RSP vs. SPDR S&P 500 ETF (SPY)
AUM77.25B
RegionNorth America
Expense Ratio0.20%
Beta0.78
IssuerInvesco
Inception DateApr 24, 2003
Dividend Yield1.6%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume12,528,635
30 Day Avg. Volume16,964,481
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
220.36Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSP Summary
The Invesco S&P 500 Equal Weight ETF (RSP) is an investment fund that gives equal importance to all 500 companies in the S&P 500 index, rather than favoring larger companies. This approach provides balanced exposure to a wide range of large U.S. companies across sectors like technology, healthcare, and finance. Well-known companies like Intel and Tesla are included in the fund. Investors might consider RSP for diversification and a more balanced way to invest in the U.S. stock market. However, since it tracks the overall market, its value can rise or fall depending on how the economy performs.
How much will it cost me?The Invesco S&P 500 Equal Weight ETF (RSP) has an expense ratio of 0.20%, meaning you’ll pay $2 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an equal-weight strategy, which requires more active management compared to traditional market-cap-weighted funds.
What would affect this ETF?The Invesco S&P 500 Equal Weight ETF (RSP) could benefit from a strong U.S. economy and growth in sectors like technology and industrials, which have significant weights in the fund. However, it may face challenges if interest rates rise, as this could pressure financial and consumer cyclical sectors, or if regulatory changes impact top holdings like Tesla and Intel. Its equal-weight strategy provides diversification but may underperform during periods when mega-cap stocks dominate market gains.
RSP Top 10 Holdings
The Invesco S&P 500 Equal Weight ETF (RSP) offers a balanced approach to U.S. large-cap stocks, but recent performance highlights mixed fortunes among its holdings. Semiconductor names like Micron and Western Digital are rising stars, buoyed by strong demand in AI and advanced technologies, while Intel is lagging due to profitability challenges. Warner Bros Discovery adds a touch of Hollywood drama with steady gains driven by streaming success, but valuation concerns linger. With notable exposure to technology and industrials, the fund leans into innovation while maintaining broad diversification across sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 0.28% | $219.00M | $49.03B | ― | 55 Neutral | |
| Norwegian Cruise Line | 0.25% | $193.04M | $11.09B | -5.51% | 64 Neutral | |
| Micron | 0.24% | $189.01M | $388.40B | 229.19% | 79 Outperform | |
| Centene | 0.24% | $184.92M | $23.06B | -24.11% | 58 Neutral | |
| Carnival | 0.24% | $183.78M | $41.61B | 30.57% | 78 Outperform | |
| Lam Research | 0.23% | $182.03M | $252.41B | 169.20% | 77 Outperform | |
| Albemarle | 0.23% | $181.12M | $18.98B | 82.95% | 58 Neutral | |
| Huntington Ingalls | 0.23% | $178.50M | $14.85B | 99.17% | 69 Neutral | |
| Royal Caribbean | 0.23% | $178.14M | $82.99B | 34.10% | 67 Neutral | |
| Freeport-McMoRan | 0.23% | $177.90M | $77.86B | 39.10% | 67 Neutral |
RSP Technical Analysis
Positive
―
Price Trends
189.86
Positive
188.73
Positive
181.74
Positive
Market Momentum
1.52
Negative
62.49
Neutral
79.48
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 193.31, equal to the 50-day MA of 189.86, and equal to the 200-day MA of 181.74, indicating a bullish trend. The MACD of 1.52 indicates Negative momentum. The RSI at 62.49 is Neutral, neither overbought nor oversold. The STOCH value of 79.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSP.
RSP Peer Comparison
Comparison Results
Performance Comparison
RSP
Invesco S&P 500 Equal Weight ETF
196.46
24.76
14.42%
VOO
Vanguard S&P 500 ETF
―
―
―
IVV
iShares Core S&P 500 ETF
―
―
―
SPY
SPDR S&P 500 ETF Trust
―
―
―
QQQ
Invesco QQQ Trust
―
―
―
SPYM
State Street SPDR Portfolio S&P 500 ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents