RSPN - ETF AI Analysis

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Invesco S&P 500 Equal Weight Industrials ETF (RSPN)

Rating:72Outperform

Price Target:―

RSPN, the Invesco S&P 500 Equal Weight Industrials ETF, earns a solid overall rating thanks to several strong industrial leaders with healthy finances and growth prospects. Standout holdings like Comfort Systems USA, FedEx, and Northrop Grumman support the fund with robust earnings, revenue growth, and strategic investments, while names such as Generac, Deere, and Howmet Aerospace introduce some caution due to valuation pressures, softer demand in certain segments, and mixed technical signals. The main risk factor is the ETF’s focus on industrial companies, which can be sensitive to economic cycles, government spending, and sector-specific challenges.

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)

AUM862.50M

RegionNorth America

Expense Ratio0.40%

Beta0.93

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. Volume245,416

30 Day Avg. Volume218,726

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

68.36

Price 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 a pure U.S. industrials play, and its story right now is about broad strength with a few names really stepping on the gas. Comfort Systems and Generac are rising stars, helping pull the fund higher as demand for building services and backup power stays strong, even if Generac’s outlook is a bit choppy. Deere and FedEx are also climbing steadily, adding support as logistics and equipment spending hold up. Defense contractors like Lockheed Martin and Northrop Grumman are contributing, but their gains look more steady than spectacular, keeping the fund’s ride firm rather than flashy.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
LMT	Lockheed Martin	1.72%	$14.84M	$148.63B	38.58%	70 Outperform
FIX	Comfort Systems	1.66%	$14.29M	$48.03B	300.24%	80 Outperform
NOC	Northrop Grumman	1.64%	$14.09M	$104.13B	51.30%	76 Outperform
HII	Huntington Ingalls	1.58%	$13.63M	$16.31B	111.92%	69 Neutral
HWM	Howmet Aerospace	1.57%	$13.49M	$94.92B	87.14%	67 Neutral
LHX	L3Harris Technologies	1.54%	$13.30M	$67.05B	70.07%	70 Neutral
DE	Deere	1.54%	$13.29M	$155.99B	20.94%	66 Neutral
FDX	FedEx	1.53%	$13.20M	$82.69B	45.20%	79 Outperform
PWR	Quanta Services	1.51%	$13.04M	$83.64B	114.34%	78 Outperform
GNRC	Generac Holdings	1.51%	$13.01M	$11.77B	53.77%	59 Neutral

RSPN Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

61.06

Negative

100DMA

58.50

Negative

200DMA

56.53

Positive

Market Momentum

MACD

-0.54

Positive

RSI

30.48

Neutral

STOCH

8.10

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 62.14, equal to the 50-day MA of 61.06, and equal to the 200-day MA of 56.53, indicating a neutral trend. The MACD of -0.54 indicates Positive momentum. The RSI at 30.48 is Neutral, neither overbought nor oversold. The STOCH value of 8.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RSPN.

RSPN Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
RSPN	―	―	$862.50M	0.40%	72 Outperform
IYT	―	―	$868.06M	0.38%	72 Outperform
FXR	―	―	$684.07M	0.60%	70 Neutral
PRN	―	―	$317.80M	0.60%	72 Outperform
RSHO	―	―	$239.01M	0.75%	68 Neutral
PSCI	―	―	$156.50M	0.29%	70 Neutral

Performance Comparison

RSPN

Invesco S&P 500 Equal Weight Industrials ETF

58.90

9.70

19.72%

IYT

iShares US Transportation ETF

―

FXR

First Trust Industrials/Producer Durables AlphaDEX Fund

―

PRN

Invesco DWA Industrials Momentum ETF

―

RSHO

Tema American Reshoring ETF

―

PSCI

Invesco S&P SmallCap 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.

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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