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RSPG - ETF AI Analysis
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Invesco S&P 500 Equal Weight Energy ETF (RSPG)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Marathon Petroleum and Valero Energy, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's concentration in the energy sector allows investors to benefit from targeted growth in a high-performing industry.
Reasonable Expense Ratio
With an expense ratio of 0.4%, the fund offers relatively low costs compared to many specialized ETFs.
Negative Factors
Sector Over-Concentration
The ETF is heavily concentrated in the energy sector, which increases vulnerability to industry-specific risks.
Mixed Performance Among Holdings
Some top holdings, such as Diamondback and Texas Pacific Land, have underperformed year-to-date, dragging on overall returns.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little exposure to international markets.
RSPG vs. SPDR S&P 500 ETF (SPY)
AUM449.06M
RegionNorth America
Expense Ratio0.40%
Beta0.71
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield2.51%
Asset ClassEquity
Index TrackedS&P 500 Equal Weight Energy Plus Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume64,445
30 Day Avg. Volume68,980
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
102.87Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPG Summary
The Invesco S&P 500 Equal Weight Energy ETF (RSPG) focuses on the energy sector within the S&P 500, using an equal-weight strategy to give all included companies the same importance. This means it provides balanced exposure to a variety of energy-related businesses, from traditional oil and gas companies like Exxon Mobil to newer players in the industry. Investors might consider RSPG for diversification and the potential growth of the energy sector, which is a key part of the global economy. However, it’s important to note that this ETF is heavily tied to the energy market, which can be volatile and influenced by factors like oil prices and geopolitical events.
How much will it cost me?The Invesco S&P 500 Equal Weight Energy ETF (Ticker: RSPG) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 invested. This expense ratio is slightly higher than average because the ETF uses an equal-weight strategy, which requires more active management compared to passively managed ETFs that track traditional market-cap weighted indexes.
What would affect this ETF?The Invesco S&P 500 Equal Weight Energy ETF (RSPG) could benefit from rising energy demand, advancements in renewable energy technologies, and favorable government policies supporting the energy sector. However, it may face challenges from fluctuating oil and gas prices, regulatory changes, and economic slowdowns that impact energy consumption. Its focus on U.S.-based energy companies and equal-weight strategy provides diversification but also exposes it to sector-specific volatility.
RSPG Top 10 Holdings
The Invesco S&P 500 Equal Weight Energy ETF is firmly rooted in the energy sector, with a diverse mix of oilfield services, exploration, and production companies driving its performance. Halliburton and Schlumberger are steady contributors, benefiting from strong profitability and strategic growth initiatives, while EQT has been rising on operational efficiency and financial flexibility. However, Diamondback Energy is lagging due to declining free cash flow, and Valero Energy’s mixed momentum is holding back gains. With its U.S.-focused exposure, the fund offers a balanced play on the energy market’s ups and downs.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Schlumberger | 5.07% | $23.30M | $63.30B | 14.48% | 75 Outperform | |
| Halliburton | 5.05% | $23.19M | $25.57B | 19.02% | 72 Outperform | |
| Valero Energy | 4.95% | $22.76M | $56.08B | 52.82% | 69 Neutral | |
| Chevron | 4.79% | $22.02M | $312.50B | 5.95% | 71 Outperform | |
| Baker Hughes Company | 4.76% | $21.88M | $48.19B | 15.56% | 76 Outperform | |
| Occidental Petroleum | 4.72% | $21.68M | $40.38B | -15.55% | 67 Neutral | |
| Exxon Mobil | 4.69% | $21.53M | $499.69B | 14.94% | 74 Outperform | |
| Kinder Morgan | 4.67% | $21.47M | $60.07B | -3.60% | 68 Neutral | |
| Conocophillips | 4.65% | $21.35M | $116.08B | -2.85% | 78 Outperform | |
| Texas Pacific Land | 4.64% | $21.32M | $19.40B | -28.77% | 76 Outperform |
RSPG Technical Analysis
Positive
―
Price Trends
80.04
Positive
78.52
Positive
75.77
Positive
Market Momentum
0.30
Negative
58.20
Neutral
55.13
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 80.18, equal to the 50-day MA of 80.04, and equal to the 200-day MA of 75.77, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 58.20 is Neutral, neither overbought nor oversold. The STOCH value of 55.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPG.
RSPG Peer Comparison
Comparison Results
Performance Comparison
RSPG
Invesco S&P 500 Equal Weight Energy ETF
82.60
3.02
3.79%
TPYP
Tortoise North American Pipeline Fund
―
―
―
FCG
First Trust Natural Gas ETF
―
―
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IEO
iShares U.S. Oil & Gas Exploration & Production ETF
―
―
―
FXN
First Trust Energy AlphaDEX Fund
―
―
―
FTXN
First Trust Nasdaq Oil & Gas ETF
―
―
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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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