RSPN
RSPN 2-star rating from Upturn Advisory

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

Invesco S&P 500 Equal Weight Industrials ETF (RSPN) 2-star rating from Upturn Advisory
$56.55
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Upturn Advisory Summary

12/05/2025: RSPN (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 40.62%
Avg. Invested days 75
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Volume (30-day avg) -
Beta 1.2
52 Weeks Range 42.18 - 54.85
Updated Date 06/30/2025
52 Weeks Range 42.18 - 54.85
Updated Date 06/30/2025

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Invesco S&P 500 Equal Weight Industrials ETF

Invesco S&P 500 Equal Weight Industrials ETF(RSPN) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The Invesco S&P 500 Equal Weight Industrials ETF (RGI) seeks to track the investment results of the S&P 500 Equal Weight Industrials Index, which is composed of the industrials sector of the S&P 500 Index. It aims to provide exposure to U.S. industrial companies by equally weighting each constituent, offering diversification and reducing concentration risk.

Reputation and Reliability logo Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and a long track record of managing ETFs and other investment products.

Leadership icon representing strong management expertise and executive team Management Expertise

Invesco has a dedicated team of portfolio managers and analysts with extensive experience in managing sector-specific and equal-weighted ETFs.

Investment Objective

Icon representing investment goals and financial objectives Goal

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

Investment Approach and Strategy

Strategy: The ETF employs a replication strategy, meaning it aims to hold all the stocks in the S&P 500 Equal Weight Industrials Index in the same proportions as the index.

Composition The ETF holds stocks of companies in the industrials sector of the S&P 500, equally weighted.

Market Position

Market Share: The ETF holds a significant market share in the equal-weighted industrials sector, though precise figures fluctuate.

Total Net Assets (AUM): 489100000

Competitors

Key Competitors logo Key Competitors

  • First Trust Industrials/Producer Durables AlphaDEX ETF (FXR)
  • Industrial Select Sector SPDR Fund (XLI)
  • Vanguard Industrials ETF (VIS)

Competitive Landscape

The ETF industry within the industrials sector is competitive, with several ETFs offering different investment strategies. RGI's equal-weighting approach distinguishes it from market-cap weighted ETFs like XLI and VIS. RGI may outperform during periods where smaller industrials outperform larger ones but may underperform when large caps lead. FXR uses an enhanced indexing approach that can lead to outperformance or underperformance based on its model.

Financial Performance

Historical Performance: Historical performance data should be retrieved from financial data providers for various time periods (e.g., 1-year, 3-year, 5-year, 10-year).

Benchmark Comparison: Performance should be compared to the S&P 500 Equal Weight Industrials Index to assess tracking accuracy.

Expense Ratio: 0.4

Liquidity

Average Trading Volume

The ETF's liquidity is generally good with a robust average trading volume ensuring ease of trading.

Bid-Ask Spread

The bid-ask spread is typically tight, reflecting the ETF's liquidity and indicating low trading costs.

Market Dynamics

Market Environment Factors

Economic growth, interest rates, trade policies, and technological advancements can significantly impact the industrials sector and, consequently, the ETF's performance.

Growth Trajectory

The growth trajectory depends on the overall health of the industrial sector and the relative performance of smaller companies versus larger ones. Changes to strategy or holdings are regularly disclosed in fund prospectuses and reports.

Moat and Competitive Advantages

Competitive Edge

RGIu2019s competitive advantage lies in its equal-weighting strategy within the industrials sector, providing broader diversification compared to market-cap weighted ETFs. This approach reduces concentration risk and can potentially lead to outperformance when smaller industrial companies perform well. The ETF benefits from Invesco's established brand and expertise in managing sector-specific funds. However, this also means that the ETF will underperform in periods where the largest companies within the sector lead the returns. Also, an equal weight approach requires more rebalancing.

Risk Analysis

Volatility

Volatility can be assessed by examining the ETF's standard deviation and beta compared to its benchmark.

Market Risk

The ETF is subject to market risk, particularly related to the performance of the industrials sector. Specific risks include economic cyclicality, supply chain disruptions, and regulatory changes affecting industrial companies.

Investor Profile

Ideal Investor Profile

The ideal investor is someone seeking diversified exposure to the U.S. industrials sector with a preference for equal weighting. Investors who are neutral to slightly bullish on the prospects of smaller industrial companies could be good candidates.

Market Risk

The ETF is suitable for long-term investors seeking sector exposure, but may also be used by active traders for tactical allocation decisions.

Summary

The Invesco S&P 500 Equal Weight Industrials ETF (RGI) provides diversified exposure to the U.S. industrials sector through an equal-weighting strategy. This approach reduces concentration risk and may offer potential outperformance compared to market-cap weighted ETFs. It is suitable for investors seeking long-term sector exposure and those who are comfortable with the specific risks associated with the industrials sector. However, potential investors should be aware that the ETF's performance is heavily tied to the industrial sector's health and economic cyclicality. The ETF offers competitive exposure to the sector compared to its competitors.

Similar ETFs

Sources and Disclaimers

Data Sources:

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

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market conditions and ETF performance can change rapidly. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

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Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

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About Invesco S&P 500 Equal Weight Industrials 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® Industrials 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 industrials sector, as defined according to the Global Industry Classification Standard (GICS).