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RSPN - AI Analysis
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Invesco S&P 500 Equal Weight Industrials ETF (RSPN)
Rating:72Outperform
Price Target:
$62.00
Positive Factors
Strong Top Holdings
Several top holdings, such as GE Aerospace and EMCOR Group, have delivered strong year-to-date performance, boosting the ETF’s returns.
Sector Focus on Industrials
The ETF’s heavy exposure to the industrials sector benefits from steady demand and growth in infrastructure and manufacturing.
Reasonable Expense Ratio
The ETF’s expense ratio is competitive for a sector-focused fund, allowing investors to keep more of their returns.
Negative Factors
Over-Concentration in Industrials
Nearly 89% of the portfolio is allocated to industrials, making the fund highly sensitive to sector-specific risks.
Limited Geographic Diversification
With almost 100% exposure to U.S. companies, the ETF lacks protection against global market opportunities or risks.
Mixed Performance Among Holdings
Some holdings, like JB Hunt and Lockheed Martin, have shown weak or flat performance, which may drag on overall returns.
RSPN vs. SPDR S&P 500 ETF (SPY)
AUM699.48M
RegionNorth America
Expense Ratio0.40%
Beta0.96
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.99%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Industrials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume180,236
30 Day Avg. Volume73,308
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
62.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering81
RSPN Summary
The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is a fund that focuses on companies in the industrials sector, such as transportation, aerospace, and construction machinery. It uses an equal-weight strategy, meaning every company in the fund has the same influence, which helps balance exposure between big names like Caterpillar and emerging players. This ETF could be a good choice for investors looking to benefit from growth in infrastructure and manufacturing while diversifying within the industrial sector. However, since it focuses heavily on industrials, its performance may be impacted by economic cycles or slowdowns in manufacturing demand.
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
The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is firmly rooted in the U.S. industrials sector, with a diverse mix of transportation, aerospace, and construction-related companies driving its performance. GE Aerospace has been a standout, soaring on strong financials and growth prospects, while EMCOR Group’s robust earnings have also added fuel to the fund’s momentum. On the flip side, Southwest Airlines has been lagging, weighed down by profitability challenges and macroeconomic headwinds. With its equal-weight strategy, RSPN avoids over-reliance on any single giant, offering a balanced play on America’s industrial backbone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Caterpillar | 1.71% | $11.84M | $270.43B | 52.06% | 76 Outperform | |
| JB Hunt | 1.55% | $10.70M | $16.08B | -6.69% | 65 Neutral | |
| CH Robinson | 1.51% | $10.47M | $18.18B | 51.24% | 71 Outperform | |
| Huntington Ingalls | 1.49% | $10.27M | $12.64B | 70.17% | 74 Outperform | |
| RTX | 1.45% | $9.99M | $239.33B | 50.32% | 75 Outperform | |
| Quanta Services | 1.45% | $9.99M | $66.97B | 47.98% | 77 Outperform | |
| United Parcel | 1.44% | $9.98M | $81.72B | -28.07% | 72 Outperform | |
| FedEx | 1.41% | $9.76M | $59.89B | -7.48% | 73 Outperform | |
| CSX | 1.41% | $9.75M | $67.07B | 7.88% | 77 Outperform | |
| Howmet Aerospace | 1.41% | $9.72M | $82.80B | 105.89% | 77 Outperform |
RSPN Technical Analysis
Positive
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Price Trends
55.76
Positive
55.01
Positive
52.48
Positive
Market Momentum
0.08
Negative
51.59
Neutral
30.20
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 55.77, equal to the 50-day MA of 55.76, and equal to the 200-day MA of 52.48, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 51.59 is Neutral, neither overbought nor oversold. The STOCH value of 30.20 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
55.94
5.41
10.71%
IYT
iShares US Transportation ETF
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PRN
Invesco DWA Industrials Momentum ETF
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PKB
Invesco Dynamic Building & Construction ETF
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RSHO
Tema American Reshoring ETF
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PSCI
Invesco S&P SmallCap Industrials ETF
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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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