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RSPF - ETF AI Analysis
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Invesco S&P 500 Equal Weight Financials ETF (RSPF)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top positions, such as Robinhood and Interactive Brokers, have shown strong year-to-date performance, supporting the ETF’s overall returns.
Focused Sector Exposure
The ETF’s heavy allocation to financials allows investors to target a sector with potential for growth and recovery.
Reasonable Expense Ratio
The fund’s expense ratio is competitive for a sector-specific ETF, helping investors retain more of their returns.
Negative Factors
Sector Concentration Risk
With over 90% exposure to financials, the ETF is highly sensitive to downturns in the financial sector.
Weak Recent Performance
The ETF has struggled in the short term, with negative returns over the past month and three months.
Limited Geographic Diversification
The fund’s near-total focus on U.S. companies leaves it vulnerable to domestic economic challenges.
RSPF vs. SPDR S&P 500 ETF (SPY)
AUM297.91M
RegionNorth America
Expense Ratio0.40%
Beta0.81
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield1.64%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Financials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,131
30 Day Avg. Volume9,946
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
87.35Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering77
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPF Summary
The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an investment fund that focuses on the financial sector, including banks, insurance companies, and financial service providers. Unlike traditional funds, it gives equal weight to each company in the S&P 500 financials category, balancing exposure between large and smaller firms. Some well-known companies it includes are American Express and Wells Fargo. This ETF is a good choice for investors looking to diversify within the financial sector and benefit from its growth potential. However, since it focuses heavily on financial companies, its performance can be impacted by changes in the economy or interest rates.
How much will it cost me?The Invesco S&P 500 Equal Weight Financials ETF (RSPF) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it uses an equal-weight methodology, which requires more active management compared to passively managed ETFs that track market-cap-weighted indexes.
What would affect this ETF?The Invesco S&P 500 Equal Weight Financials ETF (RSPF) could benefit from a strong U.S. economy, rising interest rates that improve bank profitability, and increased adoption of financial technology, as several top holdings like Robinhood and Coinbase are tied to fintech. However, it may face challenges from regulatory changes in the financial sector, economic slowdowns, or market volatility that could negatively impact banks and financial services companies. The ETF's focus on U.S. financials means its performance is closely tied to domestic economic conditions and sector-specific trends.
RSPF Top 10 Holdings
The Invesco S&P 500 Equal Weight Financials ETF is firmly rooted in the financial sector, with a diverse mix of banks, insurers, and financial service providers driving its performance. W.R. Berkley is rising steadily, benefiting from robust growth and financial health, while Cboe Global Markets adds momentum with strong earnings and strategic initiatives. On the flip side, Jack Henry & Associates is lagging, facing short-term challenges despite solid fundamentals. With its U.S.-focused portfolio, the fund offers balanced exposure across financial heavyweights and smaller players, making it a compelling choice for sector-focused investors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Loews | 1.53% | $4.58M | $22.37B | 24.36% | 76 Outperform | |
| American Express | 1.53% | $4.57M | $250.72B | 19.63% | 81 Outperform | |
| Invesco | 1.50% | $4.50M | $10.92B | 35.98% | 74 Outperform | |
| Cincinnati Financial | 1.50% | $4.49M | $26.29B | 5.19% | 81 Outperform | |
| Cboe Global Markets | 1.49% | $4.47M | $27.01B | 18.49% | 75 Outperform | |
| Jack Henry & Associates | 1.48% | $4.44M | $12.59B | -0.02% | 77 Outperform | |
| Assurant | 1.48% | $4.44M | $11.44B | 0.65% | 73 Outperform | |
| Robinhood | 1.48% | $4.43M | $115.28B | 240.50% | 68 Neutral | |
| Morgan Stanley | 1.48% | $4.43M | $266.91B | 27.99% | 76 Outperform | |
| Travelers Companies | 1.47% | $4.39M | $65.70B | 10.45% | 78 Outperform |
RSPF Technical Analysis
Positive
―
Price Trends
75.96
Negative
76.40
Negative
73.98
Positive
Market Momentum
-0.29
Negative
54.99
Neutral
65.38
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPF, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 74.73, equal to the 50-day MA of 75.96, and equal to the 200-day MA of 73.98, indicating a neutral trend. The MACD of -0.29 indicates Negative momentum. The RSI at 54.99 is Neutral, neither overbought nor oversold. The STOCH value of 65.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPF.
RSPF Peer Comparison
Comparison Results
Performance Comparison
RSPF
Invesco S&P 500 Equal Weight Financials ETF
75.83
-0.91
-1.19%
KIE
SPDR S&P Insurance ETF
―
―
―
REM
iShares Mortgage Real Estate ETF
―
―
―
IAT
iShares U.S. Regional Banks ETF
―
―
―
KCE
SPDR S&P Capital Markets ETF
―
―
―
KBWD
Invesco KBW High Dividend Yield Financial 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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