Invesco S&P 500 Equal Weight Industrials ETF
RSPN - ETF AI Analysis
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Invesco S&P 500 Equal Weight Industrials ETF (RSPN)
RSPN, the Invesco S&P 500 Equal Weight Industrials ETF, earns its rating largely because many of its key holdings show solid financial performance and positive earnings outlooks. Strong contributors like Broadridge Financial Solutions, Veralto, Pentair, and Allegion support the fund with robust profitability, strategic growth initiatives, and generally favorable sentiment, while weaker names such as Masco, with declining sales and higher leverage, slightly weigh on the overall picture. The main risk factor is valuation and short-term technical caution across several holdings, which could make the fund more sensitive to market pullbacks in the industrials sector.
RSPN vs. SPDR S&P 500 ETF (SPY)
- AUM
- 849.86M
- Region
- North America
- Expense Ratio
- 0.40%
- Beta
- 0.86
- Issuer
- Invesco
- Inception Date
- Nov 01, 2006
- Dividend Yield
- 0.88%
- Asset Class
- Equity
- Index Tracked
- S&P 500 Equal Weighted / Industrials -SEC
RSPN Summary
RSPN is the Invesco S&P 500 Equal Weight Industrials ETF, which follows the S&P 500 Equal Weighted Industrials Index. It focuses mainly on U.S. industrial companies involved in areas like aerospace, construction equipment, and transportation. Each stock is held in roughly equal size, so the fund doesn’t rely too heavily on a few giants. Well-known holdings include Lockheed Martin and Waste Management. Someone might invest in RSPN to get diversified exposure to the industrials sector and benefit from potential growth tied to infrastructure and manufacturing. A key risk is that it can rise or fall with the industrials sector and the overall stock market.
How much will it cost me?
This ETF has an expense ratio of 0.40%, which means you’ll pay about $4 per year for every $1,000 you invest. That’s a bit higher than the average index ETF because it uses a more specialized, equal-weight strategy focused on the industrials sector rather than a simple market-cap-weighted approach.
What would affect this ETF?
RSPN could benefit if U.S. economic growth, infrastructure spending, and business investment stay strong, supporting demand for industrials and related technology services across its diversified holdings like ADP, Honeywell Aerospace, and Emerson Electric. On the downside, higher interest rates, slower economic activity, or reduced government and corporate spending on construction, manufacturing, and transportation could hurt industrial companies broadly, and sector-specific regulations or geopolitical tensions affecting aerospace and defense could also weigh on the ETF.
RSPN Top 10 Holdings
RSPN is essentially a bet on U.S. industrial muscle, with names like United Rentals, Emerson Electric, and Stanley Black & Decker doing much of the heavy lifting as their stocks have been steadily rising this year. Aerospace exposure is a mixed bag: Lockheed Martin is climbing, but Honeywell Aerospace has been losing altitude lately. Southwest Airlines is more of a stabilizer than a star, while Pentair has been dragging on recent performance. With its equal-weight approach and heavy tilt toward industrials, the fund is concentrated in one sector but diversified across U.S. players.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 SWK | Stanley Black & Decker | 1.51% | $12.40M | $17.31B | 71.39% | 68Neutral |
 VLTO | Veralto Corporation | 1.49% | $12.25M | $28.74B | 20.30% | 76Outperform |
 ALLE | Allegion | 1.47% | $12.09M | $15.98B | 13.55% | 72Outperform |
 PNR | Pentair | 1.43% | $11.73M | $11.12B | -35.94% | 75Outperform |
 MAS | Masco | 1.43% | $11.73M | $16.35B | 37.95% | 53Neutral |
 FTV | Fortive | 1.41% | $11.61M | $20.16B | 31.95% | 72Outperform |
 LUV | Southwest Airlines | 1.38% | $11.38M | $22.68B | 41.82% | 66Neutral |
 VRSK | Verisk Analytics | 1.38% | $11.37M | $26.17B | -4.19% | 71Outperform |
 DD | DuPont de Nemours | 1.38% | $11.34M | $20.79B | 29.95% | 62Neutral |
 ADP | Automatic Data Processing | 1.38% | $11.33M | $120.58B | 20.22% | 70Outperform |
RSPN Technical Analysis
Price Trends
Market Momentum
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 61.60 is above the 20-day moving average (MA) of 60.12, above the 50-day MA of 59.55, and above the 200-day MA of 60.86, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 59.01 is Neutral, neither overbought nor oversold. The STOCH value of 50.35 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| RSPN | $61.60 | $66.00(7.14% Upside) | $849.86M | 0.40% | 70Outperform |
 FXR | $89.15 | $100.62(12.86% Upside) | $728.68M | 0.60% | 69Neutral |
 MISL | $42.51 | $51.94(22.19% Upside) | $522.64M | 0.65% | 61Neutral |
 PRN | $192.35 | $219.70(14.22% Upside) | $299.12M | 0.60% | 68Neutral |
 WELD | $49.16 | $60.33(22.71% Upside) | $230.14M | 0.75% | 73Outperform |
 PSCI | $165.20 | $196.10(18.71% Upside) | $172.79M | 0.29% | 67Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 61.60 | 6.20 | 11.19% | |
| FXR | First Trust Industrials/Producer Durables AlphaDEX Fund | 89.15 | 12.42 | 16.18% | |
| MISL | First Trust Indxx Aerospace & Defense ETF | 42.51 | 1.00 | 2.40% | |
| PRN | Invesco DWA Industrials Momentum ETF | 192.35 | 17.06 | 9.73% | |
| WELD | Tema U.S. Manufacturing & Reshoring ETF | 49.16 | 5.09 | 11.56% | |
| PSCI | Invesco S&P SmallCap Industrials ETF | 165.20 | 20.89 | 14.48% |
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.