RSPN - ETF AI Analysis
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Invesco S&P 500 Equal Weight Industrials ETF (RSPN)
Rating:71Outperform
Price Target:―
Positive Factors
Broad Industrial Exposure
The ETF focuses heavily on industrial companies, giving investors targeted access to a key part of the U.S. economy.
Equal-Weight Top Holdings
The top holdings are all kept at similar sizes, which helps avoid relying too heavily on any single stock.
Solid Recent Performance
The fund has shown steady gains so far this year and in recent months, indicating generally strong momentum in its holdings.
Negative Factors
Single-Sector Concentration
With most assets in industrials, the ETF is vulnerable if this one sector faces a downturn.
Heavy U.S. Focus
Almost all of the fund’s exposure is in U.S. companies, offering little diversification across global markets.
Mixed Stock Performance
While several top holdings have performed strongly, at least one has been weak this year, which can drag on overall returns.
RSPN vs. SPDR S&P 500 ETF (SPY)
AUM1.09B
RegionNorth America
Expense Ratio0.40%
Beta0.89
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.83%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Industrials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume113,982
30 Day Avg. Volume122,917
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
73.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering82
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPN Summary
RSPN is the Invesco S&P 500 Equal Weight Industrials ETF. It follows the S&P 500 Equal Weight Industrials Index, which means it invests in U.S. industrial companies and gives each one a similar-sized place in the fund instead of letting the biggest companies dominate. It holds well-known names like United Parcel (UPS) and Southwest Airlines. Someone might invest in RSPN to get broad, balanced exposure to industrial businesses that can benefit from economic growth and infrastructure spending. A key risk is that it is heavily tied to the industrial sector, so it can rise or fall sharply with that part of the market.
How much will it cost me?The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) has an expense ratio of 0.4%, meaning 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 that track market-cap-weighted indexes.
What would affect this ETF?The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) could benefit from increased infrastructure spending, advancements in manufacturing technology, and growing demand for transportation and aerospace services, which align with its industrial sector focus. However, it may face challenges from rising interest rates, which can increase borrowing costs for industrial companies, and economic slowdowns that could reduce demand for industrial goods and services. Its U.S.-centric exposure also makes it sensitive to domestic regulatory changes and trade policies.
RSPN Top 10 Holdings
RSPN is very much an industrials workhorse, with its top names spread fairly evenly rather than dominated by a single giant, and all of them rooted in the U.S. RTX, Union Pacific, and Howmet Aerospace have been doing the heavy lifting lately, with steady to rising momentum that helps pull the fund forward. Westinghouse Air Brake and Paccar are also chipping in with solid, rail-and-truck-driven gains. On the flip side, Honeywell has been losing steam, and Allegion and GE Vernova’s more mixed paths show that not every industrial engine in this ETF is firing at full power.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Stanley Black & Decker | 1.47% | $15.95M | $14.43B | 41.21% | 68 Neutral | |
| Allegion | 1.44% | $15.70M | $13.36B | -4.68% | 72 Outperform | |
| RTX | 1.44% | $15.63M | $288.93B | 37.25% | 74 Outperform | |
| United Airlines Holdings | 1.43% | $15.55M | $40.11B | 43.47% | 74 Outperform | |
| Ingersoll Rand | 1.42% | $15.47M | $33.00B | 11.20% | 69 Neutral | |
| Axon Enterprise | 1.40% | $15.18M | $42.34B | -28.92% | 58 Neutral | |
| Paccar | 1.40% | $15.17M | $70.41B | 37.52% | 74 Outperform | |
| Delta Air Lines | 1.38% | $14.98M | $58.26B | 70.95% | 80 Outperform | |
| Honeywell International | 1.37% | $14.93M | $76.67B | -44.18% | 77 Outperform | |
| Paychex | 1.37% | $14.87M | $41.38B | -16.15% | 77 Outperform |
RSPN Technical Analysis
Neutral
―
Price Trends
62.23
Positive
60.84
Positive
59.46
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPN, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 63.05, equal to the 50-day MA of 62.23, and equal to the 200-day MA of 59.46, indicating a neutral 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 Neutral sentiment for RSPN.
RSPN Peer Comparison
Comparison Results
Performance Comparison
RSPN
Invesco S&P 500 Equal Weight Industrials ETF
62.68
8.45
15.58%
AIRR
First Trust RBA American Industrial Renaissance ETF
―
―
―
PPA
Invesco Aerospace & Defense ETF
―
―
―
VIS
Vanguard Industrials ETF
―
―
―
FIDU
Fidelity MSCI Industrial Index ETF
―
―
―
IYJ
iShares U.S. Industrials 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: ―
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