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RSPN - ETF AI Analysis
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Invesco S&P 500 Equal Weight Industrials ETF (RSPN)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Solid Top Holdings
Many of the largest positions, including major aerospace and defense names, have delivered strong year-to-date results that support the fund’s overall performance.
Equal-Weight Approach Within Sector
The fund spreads its investments relatively evenly across many industrial stocks, reducing reliance on any single company.
Negative Factors
Single-Sector Concentration
With the vast majority of assets in industrials, the ETF is heavily exposed to downturns in this one sector.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, offering little protection if the U.S. market or economy weakens.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an index-based ETF, which can slightly reduce long-term returns compared with lower-cost options.
RSPN vs. SPDR S&P 500 ETF (SPY)
AUM869.64M
RegionNorth America
Expense Ratio0.40%
Beta0.91
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.77%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Industrials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume489,128
30 Day Avg. Volume236,432
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
67.24Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering80
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPN Summary
RSPN is the Invesco S&P 500 Equal Weight Industrials ETF, which follows the S&P 500 Equal Weighted Industrials Index. It invests mainly in U.S. industrial companies involved in areas like aerospace, defense, construction equipment, and transportation. Well-known holdings include Boeing and Honeywell. Because each stock is given roughly the same weight, the fund doesn’t rely too heavily on just a few big names, which can help with diversification within the industrial sector. A key risk is that it is heavily tied to industrial and economic cycles, so its value can rise or fall with changes in the broader economy.
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 essentially an all‑U.S. industrials play, and its story right now is being written by defense and aerospace. Lockheed Martin, Northrop Grumman, L3Harris, and Huntington Ingalls are all rising, giving the fund a strong tailwind as defense spending and contract wins pile up. Boeing has also been climbing, but its ongoing operational and financial headaches mean it’s more of a wild card than a clear hero. Names like Honeywell and Howmet are steady contributors, helping smooth out bumps in this tightly focused industrials lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lockheed Martin | 1.63% | $14.85M | $149.51B | 52.77% | 70 Outperform | |
| Deere | 1.61% | $14.72M | $160.82B | 33.52% | 66 Neutral | |
| Huntington Ingalls | 1.56% | $14.28M | $16.67B | 149.11% | 69 Neutral | |
| Generac Holdings | 1.56% | $14.21M | $13.40B | 64.16% | 59 Neutral | |
| FedEx | 1.54% | $14.03M | $90.07B | 42.72% | 79 Outperform | |
| Comfort Systems | 1.53% | $14.00M | $46.54B | 259.44% | 80 Outperform | |
| Northrop Grumman | 1.51% | $13.80M | $102.87B | 68.19% | 76 Outperform | |
| Howmet Aerospace | 1.49% | $13.62M | $99.97B | 81.52% | 67 Neutral | |
| Southwest Airlines | 1.49% | $13.60M | $26.92B | 70.14% | 66 Neutral | |
| EMCOR Group | 1.46% | $13.29M | $35.05B | 89.23% | 73 Outperform |
RSPN Technical Analysis
Positive
―
Price Trends
59.50
Positive
57.50
Positive
55.67
Positive
Market Momentum
1.10
Negative
67.03
Neutral
62.82
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.69, equal to the 50-day MA of 59.50, and equal to the 200-day MA of 55.67, indicating a bullish trend. The MACD of 1.10 indicates Negative momentum. The RSI at 67.03 is Neutral, neither overbought nor oversold. The STOCH value of 62.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPN.
RSPN Peer Comparison
Comparison Results
Performance Comparison
RSPN
Invesco S&P 500 Equal Weight Industrials ETF
63.33
13.23
26.41%
FXR
First Trust Industrials/Producer Durables AlphaDEX Fund
―
―
―
PKB
Invesco Dynamic Building & Construction ETF
―
―
―
PRN
Invesco DWA Industrials Momentum ETF
―
―
―
RSHO
Tema American Reshoring ETF
―
―
―
PSCI
Invesco S&P SmallCap Industrials ETF
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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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