What is the RPS of a stock?
An RPS equal to 1.0 indicates that the stock performed identically to the market. An RPS lower than 1.0 indicates that the stock underperformed the market. 1. Historical data
Does RSP have an equal-weight sector bias?
While one should expect some sector biases here as well, RSP does not equal-weight sectors as some peer equal-weight ETFs do. Quarterly rebalancing implements the contrarian theme baked into all equal-weight plays: sell winners and buy losers.
What is RPS and why is it important?
The usefulness of the RPS is based on the premise of momentum – stocks with increasing RPS is assumed to continue increasing. In addition, investors believe that companies with a high RPS will attract other investors to invest in the stock (thereby increasing the stock price).
What is the difference between RPS and trend price?
RPS can be misleading as it uses historical data and does not take into account risk. The formula for RPS is as follows: Trend price of a stock is the percentage stock price change over a period of time; and Trend price of the market is the percentage market change over a period of time.
Is RSP a good ETF?
RSP with its equal-weighted strategy is outperforming in 2022. The fund is benefiting from diversification, tilting away from the technology sector relative to the market-cap-weighted S&P 500. Recognizing ongoing market headwinds, RSP is a good option as a core holding for diversified large-cap equity exposure.
What does RSP invest in?
RSP invests in all S&P 500 companies, not just small-cap equities. RSP's holdings include the mega-cap stocks which dominate other market-cap equity index funds, think Microsoft (MSFT) or Apple (AAPL). Point being, RSP provides investor with small-cap exposure, but is diversified across industry segments and sizes too.
Is RSP better than SPY?
The total for RSP is 366% while SPY is nearly 351%, so you're talking just about a 15% improvement over SPY over the long-term.
Who offers RSP?
RSP Top 10 Holdings [View All]EPAM Systems, Inc.Nielsen Holdings Plc0.30%Valero Energy Corporation0.28%Albemarle Corporation0.27%Lamb Weston Holdings, Inc.Coterra Energy Inc.Western Digital Corporation0.26%Hess Corporation0.26%More items...
Does RSP pay a dividend?
RSP Dividend Information RSP has a dividend yield of 1.41% and paid $2.09 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 21, 2022.
Is RSP a mutual fund?
Either way, a Mutual Funds RSP Account is an affordable and easy way for you to enjoy: Tax Deferral - Your assets can grow on a tax-deferred basis, enhancing their long-term growth potential.
Are equal weight ETFs worth it?
If you're looking for a way to invest in an index or industry without putting the majority of your money into the largest businesses in that industry, equal-weight ETFs might be a good fit. They can offer many of the benefits of investing in small-cap companies while still letting you get exposure to larger businesses.
What is the best equal weight S&P 500 ETF?
The largest Equal-Weighted ETF is the Invesco S&P 500 Equal Weight ETF RSP with $29.12B in assets. In the last trailing year, the best-performing Equal-Weighted ETF was NRGU at 223.05%.
Is the S&P 500 evenly weighted?
The Index equally weights the stocks in the S&P 500® Index. The Fund and the Index are rebalanced quarterly.
How can I buy RSP?
5 steps to open an RRSPShop around to compare fees and plans. Learn about different types of RRSPs and how they work. ... Decide how you want to invest your savings. ... Choose an RRSP and financial institution. ... Complete the RRSP application. ... Open the account.
Which RSP is best?
5 best regular savings plans in SingaporeRegular savings planTransaction feeDBS Invest-Saver0.5% to 0.82%OCBC Blue Chip Investment Plan0.88% if you're below age 30. Otherwise, 0.3% (min. $5)POEMS Share Builders Plan$6 (up to 2 counters) or $10 (3 or more)FSMOne Regular Savings Plan0.08% (min. $1/US$1HKD5)1 more row
What is the expense ratio for RSP?
0.20%Invesco S&P 500 Equal Weight ETF (RSP)Net Assets32.38BYield1.53%YTD Daily Total Return-12.84%Beta (5Y Monthly)1.07Expense Ratio (net)0.20%3 more rows
How has Invesco S&P 500 Equal Weight ETF's stock performed in 2022?
Invesco S&P 500 Equal Weight ETF's stock was trading at $162.75 at the beginning of the year. Since then, RSP stock has decreased by 13.5% and is n...
Is Invesco S&P 500 Equal Weight ETF a good dividend stock?
Invesco S&P 500 Equal Weight ETF(NYSEARCA:RSP) pays an annual dividend of $2.09 per share and currently has a dividend yield of 1.44%. View Invesc...
Who are Invesco S&P 500 Equal Weight ETF's key executives?
Invesco S&P 500 Equal Weight ETF's management team includes the following people: Richard M. Goldman , President, Trustee (Age 50) Joanna M. Hai...
What other stocks do shareholders of Invesco S&P 500 Equal Weight ETF own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco S&P 500 Equal Weight ETF investors own include AT&...
What is Invesco S&P 500 Equal Weight ETF's stock symbol?
Invesco S&P 500 Equal Weight ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RSP."
Who are Invesco S&P 500 Equal Weight ETF's major shareholders?
Invesco S&P 500 Equal Weight ETF's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of A...
Which major investors are selling Invesco S&P 500 Equal Weight ETF stock?
RSP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Healthcare of Ontario Pension Plan...
Which major investors are buying Invesco S&P 500 Equal Weight ETF stock?
RSP stock was bought by a variety of institutional investors in the last quarter, including Truist Financial Corp, US Bancorp DE, Choate Investment...
How do I buy shares of Invesco S&P 500 Equal Weight ETF?
Shares of RSP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull...
Key Points
RSPs are registered through Canada Revenue Agency (CRA) and are designed to encourage us to save for retirement.
What is an RSP?
What does RSP stand for? What is a RSP? An RSP, meaning Retirement Savings Plan, encourages saving for retirement. They can contain investments such as stocks, bonds, mutual funds, ETFs, GICs, and savings accounts.
What are the Benefits of Using an RSP to Invest in Real Estate?
Investing in private real estate is an excellent way to diversify your portfolio. Savvy investors know not to put all of their eggs in one basket, and private real estate helps minimize risk of loss. It also helps generate return and preserve capital.
How do I Invest in Real Estate Using an RSP?
If you’re interested in investing your RSPs in private mortgages or opening an RRSP, the first thing you should do is seek expert advice. The process isn’t difficult, but if you’ve never done it before, you’ll need an expert to walk you through it. That’s what we’re here for!
How has Invesco S&P 500 Equal Weight ETF's stock been impacted by Coronavirus?
Invesco S&P 500 Equal Weight ETF's stock was trading at $93.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RSP shares have increased by 63.2% and is now trading at $152.02. View which stocks have been most impacted by COVID-19.
Is Invesco S&P 500 Equal Weight ETF a good dividend stock?
Invesco S&P 500 Equal Weight ETF pays an annual dividend of $2.08 per share and currently has a dividend yield of 1.35%. View Invesco S&P 500 Equal Weight ETF's dividend history.
What other stocks do shareholders of Invesco S&P 500 Equal Weight ETF own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco S&P 500 Equal Weight ETF investors own include AT&T (T), Intel (INTC), Walmart (WMT), Johnson & Johnson (JNJ), Pfizer (PFE), Vanguard Real Estate ETF (VNQ), Caterpillar (CAT), Chevron (CVX), Walt Disney (DIS) and International Business Machines (IBM).
What is Invesco S&P 500 Equal Weight ETF's stock symbol?
Invesco S&P 500 Equal Weight ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RSP."
Who are Invesco S&P 500 Equal Weight ETF's major shareholders?
Invesco S&P 500 Equal Weight ETF's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (4.40%), JPMorgan Chase & Co. (3.15%), Wells Fargo & Company MN (2.16%), Keybank National Association OH (1.99%), Invesco Ltd. (1.13%) and Envestnet Asset Management Inc. (0.97%).
Which major investors are selling Invesco S&P 500 Equal Weight ETF stock?
RSP stock was sold by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC, Johnson Bixby & Associates LLC, JPMorgan Chase & Co., Horizon Investments LLC, Advisor Group Holdings Inc., Capital Investment Advisory Services LLC, Raymond James Financial Services Advisors Inc., and Susquehanna International Group LLP..
Which major investors are buying Invesco S&P 500 Equal Weight ETF stock?
RSP stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Meitav Dash Investments Ltd., Wells Fargo & Company MN, HighTower Advisors LLC, NEIRG Wealth Management LLC, Keybank National Association OH, Amplius Wealth Advisors LLC, and BNP Paribas Arbitrage SA.
ARCA
The investment seeks to replicate as closely as possible before expenses the performance of the S&P Equal Weight Index. The fund uses a passive management strategy to track the performance of the underlying index.
Key Data Points
Primary metrics and data points about Invesco S&P 500 Equal Weight ETF.
Environmental, Social, and Governance Rating
"A" score indicates excellent relative ESG performance and a high degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Business Summary
The investment seeks to replicate as closely as possible before expenses the performance of the S&P Equal Weight Index. The fund uses a passive management strategy to track the performance of the underlying index.
What does RPS mean in stock?
Relative price strength is an indicator of price momentum. A higher RPS is always desirable. An RPS greater than 1.0 indicates that the stock outperformed the market. An RPS equal to 1.0 indicates that the stock performed identically to the market. An RPS lower than 1.0 indicates that the stock underperformed the market.
Why is RPS important?
The usefulness of the RPS is based on the premise of momentum – stocks with increasing RPS is assumed to continue increasing. In addition, investors believe that companies with a high RPS will attract other investors to invest in the stock (thereby increasing the stock price).
Why is relative price strength misleading?
Relative price strength can be a misleading indicator because it does not take risk into account. The RPS is a pure comparison between returns and does not consider the risk taken to generate that return. RPS should not be the sole determinant used when stock-picking.
What are the limitations of relative price strength?
Limitations of Relative Price Strength. 1. Historical data. Relative price strength uses historical data – past performance is not indicative of future performance. Therefore, a stock with a higher RPS compared to another stock does not indicate that the stock is a better pick moving forward. 2.