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RSP - ETF AI Analysis
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Invesco S&P 500 Equal Weight ETF (RSP)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Many of the largest positions have shown strong gains this year, helping support the ETF’s overall performance.
Broad Sector Diversification
The fund spreads its investments across many sectors, which can reduce the impact if any one industry struggles.
Moderate Expense Ratio for a Smart-Beta Strategy
The ETF charges a relatively modest fee for an equal-weight approach, allowing investors to keep more of their returns compared with many actively managed funds.
Negative Factors
Heavy U.S. Market Dependence
With almost all assets in U.S. stocks, the fund offers little protection if the U.S. market faces a downturn.
Cyclical and Tech Tilt
Significant exposure to technology, industrials, and consumer cyclical sectors can make the ETF more sensitive to economic slowdowns.
Potential Volatility from Equal Weighting
Because each stock has a similar weight, the fund can be more affected by swings in individual companies than a traditional market-cap-weighted index.
RSP vs. SPDR S&P 500 ETF (SPY)
AUM87.16B
RegionNorth America
Expense Ratio0.20%
Beta0.77
IssuerInvesco
Inception DateApr 24, 2003
Dividend Yield1.54%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume24,289,245
30 Day Avg. Volume18,527,002
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
226.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSP Summary
RSP is the Invesco S&P 500 Equal Weight ETF, which follows the S&P 500 Equal Weighted Index. Instead of giving more weight to the biggest companies, it gives each of the 500 U.S. large companies the same weight. This means a company like Intel or Moderna has a similar impact on the fund as any other stock in the index. Investors might consider RSP for broad U.S. stock market exposure with added diversification, so they are not overly tied to a few mega-cap names. A key risk is that it can still rise and fall with the overall stock market.
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
RSP’s story is less about one star stock and more about a deep bench of U.S. names sharing the spotlight. Recent strength in chip and hardware plays like Micron, Lam Research, and Western Digital has given the fund a helpful tailwind, with Intel also rising as it works through its turnaround. On the flip side, Albemarle and Moderna look more mixed, with financial and valuation worries keeping them from fully joining the rally. Sector exposure is spread across tech, industrials, and materials, keeping concentration risk in check despite the tech-heavy leadership.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 0.49% | $432.61M | $87.15B | 1205.22% | 55 Neutral | |
| Western Digital | 0.31% | $273.11M | $96.32B | 314.77% | 77 Outperform | |
| Moderna | 0.30% | $269.03M | $17.16B | 29.80% | 59 Neutral | |
| Micron | 0.30% | $267.78M | $449.96B | 303.36% | 79 Outperform | |
| Teradyne | 0.29% | $258.50M | $47.85B | 171.63% | 71 Outperform | |
| Texas Pacific Land | 0.28% | $248.09M | $29.40B | -5.89% | 76 Outperform | |
| Lam Research | 0.27% | $238.98M | $294.19B | 173.89% | 77 Outperform | |
| Seagate Tech | 0.27% | $237.73M | $90.71B | 311.79% | 68 Neutral | |
| Corning | 0.27% | $234.68M | $111.98B | 150.64% | 74 Outperform | |
| Smurfit Westrock | 0.26% | $233.44M | £19.60B | -6.29% | ― |
RSP Technical Analysis
Positive
―
Price Trends
196.64
Positive
192.28
Positive
186.56
Positive
Market Momentum
1.86
Negative
62.87
Neutral
69.90
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 200.42, equal to the 50-day MA of 196.64, and equal to the 200-day MA of 186.56, indicating a bullish trend. The MACD of 1.86 indicates Negative momentum. The RSI at 62.87 is Neutral, neither overbought nor oversold. The STOCH value of 69.90 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
203.57
24.30
13.55%
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: ―
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