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RSPM
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Invesco S&P 500 Equal Weight Materials ETF (RSPM)

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$32.95
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Upturn Advisory Summary

08/14/2025: RSPM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -3.3%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 1.31
52 Weeks Range 26.49 - 37.24
Updated Date 06/30/2025
52 Weeks Range 26.49 - 37.24
Updated Date 06/30/2025

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Invesco S&P 500 Equal Weight Materials ETF

stock logo

ETF Overview

overview logo Overview

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) seeks to replicate the performance of the S&P 500 Equal Weight Materials Index, investing in companies within the materials sector of the S&P 500. It provides exposure to a diverse range of materials companies, with each company receiving an equal weighting. This equal-weighting strategy aims to reduce concentration risk and potentially enhance returns.

reliability logo Reputation and Reliability

Invesco is a well-established and reputable asset management firm with a long history of providing investment products. They are known for their diverse range of ETFs and strong track record.

reliability logo Management Expertise

Invesco has a team of experienced portfolio managers and analysts specializing in ETF management and sector-specific investing.

Investment Objective

overview logo Goal

To track the investment results of the S&P 500 Equal Weight Materials Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, aiming to replicate the performance of the S&P 500 Equal Weight Materials Index before fees and expenses.

Composition The ETF primarily holds stocks of U.S. companies in the materials sector, selected from the S&P 500 and equally weighted.

Market Position

Market Share: RSPM holds a notable market share within the equal-weighted materials sector ETF landscape.

Total Net Assets (AUM): 179230000

Competitors

overview logo Key Competitors

  • Materials Select Sector SPDR Fund (XLB)
  • Vanguard Materials ETF (VAW)
  • iShares U.S. Basic Materials ETF (IYM)

Competitive Landscape

The materials sector ETF industry is moderately competitive, with a few dominant players and several smaller ETFs. RSPM's equal-weighting strategy differentiates it from market-cap-weighted competitors like XLB and VAW, offering potentially lower concentration risk but potentially different performance outcomes. RSPM may underperform XLB and VAW during periods where larger market-cap material companies are outperforming smaller companies in the sector.

Financial Performance

Historical Performance: Historical performance varies depending on the time period. Investors should review performance data available on financial websites.

Benchmark Comparison: The ETF's performance should be compared to the S&P 500 Equal Weight Materials Index to assess tracking effectiveness. Investors can compare the total return of RSPM to that of its benchmark to gauge relative performance.

Expense Ratio: 0.4

Liquidity

Average Trading Volume

The ETF exhibits moderate liquidity, with an average daily trading volume that facilitates relatively easy buying and selling of shares.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating efficient trading and relatively low transaction costs.

Market Dynamics

Market Environment Factors

Economic growth, commodity prices, infrastructure spending, and supply chain dynamics influence the materials sector and, consequently, RSPM's performance.

Growth Trajectory

The ETF's growth trajectory is tied to the materials sector's overall performance, with changes in investment strategy being infrequent due to its passive nature.

Moat and Competitive Advantages

Competitive Edge

RSPM's competitive advantage lies in its equal-weighting strategy, which diversifies exposure across a wider range of materials companies, mitigating concentration risk. This approach may lead to outperformance compared to market-cap-weighted ETFs when smaller companies in the sector perform well. The equal-weight methodology ensures that no single company overly influences the ETF's performance. Its established track record and the Invesco brand also contribute to its attractiveness.

Risk Analysis

Volatility

The ETF's volatility is correlated to the materials sector's volatility, which can be influenced by commodity price fluctuations and economic cycles.

Market Risk

Specific risks include exposure to cyclical industries, commodity price volatility, and regulatory changes impacting the materials sector.

Investor Profile

Ideal Investor Profile

The ideal investor is someone seeking exposure to the materials sector with a preference for equal weighting to reduce concentration risk, and who understands the cyclical nature of the materials industry.

Market Risk

The ETF is suitable for long-term investors seeking diversified exposure to the materials sector, as well as tactical investors who may use it to express a view on the relative attractiveness of smaller companies within the sector.

Summary

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) offers exposure to the materials sector of the S&P 500 with an equal-weighting methodology. This approach differentiates it from market-cap-weighted ETFs, potentially reducing concentration risk and offering different performance characteristics. The ETF's performance is influenced by economic cycles, commodity prices, and the performance of smaller companies within the sector. RSPM may be suitable for investors seeking diversified exposure to the materials sector with a preference for equal weighting and a long-term investment horizon. Investors should consider its expense ratio and liquidity before investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Invesco official website
  • ETF.com
  • Morningstar.com
  • Bloomberg

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data and analysis are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Invesco S&P 500 Equal Weight Materials ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Materials Index. The Parent index is designed to measure the performance of common stocks of all companies included in the S&P 500® Index that are classified as members of the materials sector, as defined according to the Global Industry Classification Standard (GICS).