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)
AUM737.87M
RegionNorth America
Expense Ratio0.40%
Beta0.89
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.91%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Industrials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume388,875
30 Day Avg. Volume199,703
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
74.67Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering84
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 story, with all its key players rooted in the U.S. economy. Nordson and Stanley Black & Decker have been rising steadily, giving the fund a helpful lift as demand for specialized equipment and tools holds up. Service-oriented names like Paychex and ADP are also pulling their weight, adding a tech-enabled backbone to this industrial mix. On the softer side, Broadridge and Veralto look more mixed, occasionally losing steam and tempering gains. Thanks to its equal-weight design, no single stock dominates, but the fund is clearly tethered to the industrial cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Generac Holdings | 1.33% | $9.44M | $12.18B | 23.62% | 59 Neutral | |
| Honeywell Aerospace | 1.33% | $9.43M | $53.03B | ― | ― | |
| Southwest Airlines | 1.31% | $9.29M | $20.59B | 26.21% | 66 Neutral | |
| United Airlines Holdings | 1.30% | $9.19M | $37.40B | 13.63% | 74 Outperform | |
| Eaton | 1.29% | $9.10M | $171.86B | 20.07% | 75 Outperform | |
| Delta Air Lines | 1.29% | $9.10M | $55.19B | 42.84% | 80 Outperform | |
| Ametek | 1.25% | $8.87M | $56.26B | 31.46% | 79 Outperform | |
| Deere | 1.25% | $8.87M | $189.58B | 49.94% | 66 Neutral | |
| Honeywell International | 1.25% | $8.83M | $67.14B | -49.22% | 77 Outperform | |
| Westinghouse Air Brake Technologies | 1.25% | $8.82M | $48.94B | 48.94% | 79 Outperform |
RSPN Technical Analysis
Negative
―
Price Trends
62.13
Negative
61.72
Negative
60.56
Negative
Market Momentum
-0.99
Negative
34.76
Neutral
37.55
Neutral
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 60.15, equal to the 50-day MA of 62.13, and equal to the 200-day MA of 60.56, indicating a bearish trend. The MACD of -0.99 indicates Negative momentum. The RSI at 34.76 is Neutral, neither overbought nor oversold. The STOCH value of 37.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RSPN.
RSPN Peer Comparison
Comparison Results
Performance Comparison
RSPN
Invesco S&P 500 Equal Weight Industrials ETF
59.12
4.57
8.38%
FTXR
First Trust Nasdaq Transportation ETF
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―
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FXR
First Trust Industrials/Producer Durables AlphaDEX Fund
―
―
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PRN
Invesco DWA Industrials Momentum ETF
―
―
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PSCI
Invesco S&P SmallCap Industrials ETF
―
―
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WELD
Tema U.S. Manufacturing & Reshoring 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.
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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