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RSPM - ETF AI Analysis
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Invesco S&P 500 Equal Weight Materials ETF (RSPM)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Holdings Performance
Several top holdings, such as Newmont Mining and Steel Dynamics, have shown strong year-to-date gains, supporting the ETF's potential.
Sector Focus on Materials
The ETF's heavy exposure to the materials sector can benefit from global demand for raw materials and industrial growth.
Reasonable Expense Ratio
The ETF's expense ratio of 0.4% is competitive for a sector-focused fund, helping investors retain more of their returns.
Negative Factors
Weak Recent Performance
The ETF has struggled over the past month and quarter, reflecting broader challenges in the materials sector.
Underperforming Holdings
Some key holdings, such as International Paper and International Flavors & Fragrances, have lagged year-to-date, dragging on overall performance.
Limited Geographic Diversification
With over 96% exposure to U.S. companies, the ETF offers little protection against risks specific to the U.S. market.
RSPM vs. SPDR S&P 500 ETF (SPY)
AUM168.50M
RegionNorth America
Expense Ratio0.40%
Beta0.83
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield1.9%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Materials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume27,641
30 Day Avg. Volume24,116
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
38.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPM Summary
The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an investment fund that focuses on companies in the materials sector, such as chemicals, metals, and construction materials. It uses an equal-weight strategy, meaning every company in the fund contributes equally to its performance, regardless of size. Some well-known companies in this ETF include Albemarle and Newmont Mining. Investors might consider RSPM for diversification and exposure to a broad range of materials companies, including smaller ones with growth potential. However, since it focuses on the materials sector, its performance can be heavily influenced by changes in commodity prices and economic cycles.
How much will it cost me?The Invesco S&P 500 Equal Weight Materials ETF (RSPM) 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 for ETFs because it uses an equal-weight strategy, which requires more active management compared to passively managed funds. It’s a reasonable cost for investors seeking targeted exposure to the materials sector with balanced diversification.
What would affect this ETF?The Invesco S&P 500 Equal Weight Materials ETF (RSPM) could benefit from increased demand for materials driven by infrastructure spending, construction growth, or advancements in green technologies, which often rely on metals and chemicals. However, it may face challenges from rising interest rates, which can increase borrowing costs for companies in the sector, or economic slowdowns that reduce demand for raw materials. Its focus on U.S.-based companies and equal weighting provides diversification but may limit exposure to faster-growing international markets.
RSPM Top 10 Holdings
The Invesco S&P 500 Equal Weight Materials ETF is leaning heavily into the materials sector, with names like Newmont Mining and Albemarle providing a spark thanks to strong financial performance and bullish momentum in energy storage and mining. Steel Dynamics and Nucor are steady contributors, though valuation concerns temper their shine. On the flip side, DuPont and International Flavors & Fragrances are lagging, weighed down by financial challenges and mixed earnings. With a U.S.-focused portfolio and a balanced approach, this fund offers exposure to a sector that’s both essential and cyclical.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Albemarle | 4.63% | $7.85M | $20.90B | 84.24% | 58 Neutral | |
| Freeport-McMoRan | 4.51% | $7.65M | $86.66B | 49.79% | 67 Neutral | |
| Newmont Mining | 4.20% | $7.12M | $124.57B | 174.21% | 81 Outperform | |
| Ball | 4.07% | $6.90M | $15.02B | 3.02% | 59 Neutral | |
| Mosaic Co | 4.04% | $6.85M | $8.77B | 3.22% | 65 Neutral | |
| Smurfit Westrock | 3.99% | $6.77M | £16.63B | -17.02% | ― | |
| LyondellBasell | 3.99% | $6.77M | $16.74B | -33.60% | 52 Neutral | |
| Dow Inc | 3.99% | $6.77M | $20.09B | -31.64% | 49 Neutral | |
| Air Products and Chemicals | 3.92% | $6.65M | $59.49B | -14.77% | 46 Neutral | |
| Linde | 3.89% | $6.60M | $205.45B | 1.74% | 66 Neutral |
RSPM Technical Analysis
Positive
―
Price Trends
33.49
Positive
33.08
Positive
32.33
Positive
Market Momentum
0.96
Negative
77.17
Negative
95.11
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.06, equal to the 50-day MA of 33.49, and equal to the 200-day MA of 32.33, indicating a bullish trend. The MACD of 0.96 indicates Negative momentum. The RSI at 77.17 is Negative, neither overbought nor oversold. The STOCH value of 95.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPM.
RSPM Peer Comparison
Comparison Results
Performance Comparison
RSPM
Invesco S&P 500 Equal Weight Materials ETF
37.08
3.52
10.49%
FXH
First Trust Health Care AlphaDEX Fund
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―
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IETC
iShares Evolved US Technology ETF
―
―
―
IYM
iShares U.S. Basic Materials ETF
―
―
―
FMAT
Fidelity MSCI Materials Index ETF
―
―
―
FXZ
First Trust Materials AlphaDEX Fund
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―
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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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