(RSPD) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is designed to track the performance of the S&P 500 Equal Weight Consumer Discretionary Index, which includes companies classified under the consumer discretionary sector within the S&P 500. The fund typically allocates at least 90% of its assets to securities in the underlying index, ensuring alignment with the indexs composition. The index applies equal weighting to all its constituents, distinguishing it from market-capitalization-weighted indices. This approach aims to reduce concentration risk and provide more balanced exposure to the consumer discretionary sector.

Ticker Symbol: RSPD Exchange: NYSE ARCA Type: ETF Country Origin: USA ETF Category: Consumer Cyclical

Based on the provided and , the following 3-month forecast is derived:

Over the next three months, RSPD is expected to exhibit stability, supported by its low ATR of 0.68, indicating manageable volatility. The funds average volume of 47,223 suggests moderate liquidity, which is typical for sector-specific ETFs. The SMA 20 (54.66) and SMA 50 (54.20) indicate a neutral short-term trend, while the SMA 200 (51.05) points to potential upside as the fund is trading above its long-term average. With an AUM of $343.55M, RSPD maintains a solid asset base, suggesting sustained investor interest in the consumer discretionary sector.