tiprankstipranks
Advertisement

RSPG - ETF AI Analysis

Compare

Top Page

RSPG

Invesco S&P 500 Equal Weight Energy ETF (RSPG)

Rating:74Outperform
Price Target:
RSPG, the Invesco S&P 500 Equal Weight Energy ETF, earns a solid overall rating thanks to several strong core holdings like ONEOK and Targa Resources, which show robust financial performance, growth initiatives, and supportive technical trends, along with attractive dividends. Other key positions such as Texas Pacific Land and EQT also contribute positively with strong earnings and strategic execution, though issues like high leverage, possible overvaluation, and occasional bearish or cautious technical signals in names like Kinder Morgan and Valero introduce risk. The main risk factor is the ETF’s concentration in the energy sector, which can make the fund more sensitive to commodity price swings and broader energy market volatility.
Positive Factors
Strong Recent Performance
The fund has shown strong gains so far this year and over the past month, indicating solid momentum in the energy sector.
Well-Performing Top Holdings
Many of the largest positions, such as Valero Energy and Marathon Petroleum, have delivered strong year-to-date results that support the ETF’s overall performance.
Equal-Weight Structure
The ETF spreads its investments fairly evenly across its holdings, helping reduce the risk of any single energy stock dominating the portfolio.
Negative Factors
Single-Sector Concentration
Almost all assets are in the energy sector, so the fund is highly sensitive to swings in oil, gas, and related markets.
U.S.-Only Exposure
The ETF invests almost entirely in U.S. companies, offering little geographic diversification if the U.S. market or energy industry faces challenges.
Moderate Expense Ratio
The fund’s fees are not extremely high but are meaningfully above the cheapest broad-market ETFs, which slightly reduces net returns over time.

RSPG vs. SPDR S&P 500 ETF (SPY)

RSPG Summary

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) tracks the S&P 500 Equal Weight Energy Plus Index, focusing on U.S. energy companies. Instead of letting the biggest firms dominate, it gives each stock a similar weight, spreading your money more evenly across the sector. It holds well-known names like Valero Energy and Marathon Petroleum, along with other oil, gas, and related energy businesses. Someone might invest in this ETF to bet on the long-term demand for energy and to diversify within that sector. A key risk is that it is heavily tied to energy prices, so its value can swing sharply with the energy market.
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

RSPG is essentially an all-energy play, with U.S. refiners and oil names steering the ship. Marathon Petroleum, Valero, and Phillips 66 have been rising steadily, giving the fund a strong tailwind as refining margins stay healthy. TechnipFMC adds a more services-focused angle and has also been climbing, helping broaden the sources of strength. On the flip side, Texas Pacific Land looks more mixed and Kinder Morgan has been lagging, acting like a small anchor on performance. Overall, this is a concentrated bet on traditional U.S. energy rather than a global or renewable mix.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Valero Energy5.44%$30.39M$92.56B134.94%
69
Neutral
Marathon Petroleum5.37%$30.01M$91.69B91.18%
66
Neutral
Phillips 665.22%$29.15M$84.44B76.99%
73
Outperform
Texas Pacific Land4.73%$26.43M$27.19B29.20%
76
Outperform
Expand Energy4.70%$26.25M$21.40B-7.79%
71
Outperform
Exxon Mobil4.69%$26.21M$650.56B41.77%
74
Outperform
EOG Resources4.67%$26.09M$77.50B27.52%
78
Outperform
Diamondback4.58%$25.57M$56.20B38.87%
81
Outperform
Chevron4.56%$25.49M$383.00B30.01%
71
Outperform
EQT4.51%$25.20M$32.97B1.82%
76
Outperform

RSPG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
102.55
Positive
100DMA
103.57
Positive
200DMA
93.67
Positive
Market Momentum
MACD
RSI
STOCH
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 103.70, equal to the 50-day MA of 102.55, and equal to the 200-day MA of 93.67, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPG.

RSPG Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$564.95M0.40%
74
Outperform
$870.51M0.40%
71
Outperform
$628.71M0.59%
71
Outperform
$565.77M0.38%
72
Outperform
$370.71M0.63%
72
Outperform
$159.68M0.60%
73
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
RSPG
Invesco S&P 500 Equal Weight Energy ETF
106.84
33.85
46.38%
TPYP
Tortoise North American Pipeline Fund
FCG
First Trust Natural Gas ETF
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
FXN
First Trust Energy AlphaDEX Fund
FTXN
First Trust Nasdaq Oil & Gas 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.
DisclaimerThis 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
Advertisement