RSPC
Invesco S&P 500 Equal Weight Communication Services ETF
The Invesco S&P 500 Equal Weight Communication Services ETF tracks an equal-weighted index of US telecommunication and media & entertainment components of the S&P 500.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
53.2 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
Fund sponsor | Invesco |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Nov 07, 2018 |
Assets (mns) | $53 |
Expense ratio | 40 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Committee |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
LIVE NATION INC | 4.9 % |
TKO GROUP HOLDINGS, INC. CLASS A | 4.8 % |
META PLATFORMS INC | 4.8 % |
MATCH GROUP, INC. | 4.8 % |
WALT DISNEY CO/THE | 4.7 % |
COMCAST CORP-CL A | 4.7 % |
NEW YORK TIMES CO -CL A | 4.6 % |
OMNICOM GROUP | 4.6 % |
INTERPUBLIC GROUP OF COS INC | 4.5 % |
VIACOMCBS INC. CLASS B | 4.5 % |
Constituent Breakdown
Number of holdings | 25 |
Herfindahl-Hirschman Index | 431 |
Wgt avg mkt cap (mns) | $248,253 |
Large cap (>$10bn) | 82.0% |
Mid cap ($2-10bn) | 13.3% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 100.5 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 12.5% | 24.8% | 17.8% | -3.6% | 7.0% | -- | 6.4% | Volatility | 13.4% | 14.2% | 20.5% | 20.3% | 22.7% | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.98 | 71% |
MSCI EAFE | 1.00 | 72% |
MSCI Emg Mkts | 0.79 | 43% |
Liquidity Measures
Avg. volume (000) | 23 |
Turnover | 1.4% |
Avg. Bid/Ask (% of price) | 0.27% |
ADV of underlying (mns) | $16,518 |
Technical Indicators
Recent close | $32.62 |
30d moving avg. | $31.69 |
Annualized volatility | 20.8% |
Relative strength (RSI) | 52 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 5.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. RSPC |
Expenses vs. RSPC |
ALTAR Score™ vs. RSPC |
---|---|---|---|---|
XLC | Communication Services Select Sector SPDR Fund | 63.7% | -31 bp | -0.8% |
FCOM | Fidelity MSCI Communication Services Index ETF | 48.2% | -32 bp | -2.1% |
VOX | Vanguard Communication Services ETF | 46.1% | -30 bp | -2.2% |
IXP | iShares Global Comm Services ETF | 37.1% | +2 bp | -1.2% |
IYZ | iShares U.S. Telecommunications ETF | 26.3% | 0 bp | +0.7% |
BNGE | First Trust S-Network Streaming and Gaming ETF | 19.7% | +30 bp | -9.2% |
XTL | SPDR S&P Telecom ETF | 16.9% | -5 bp | -2.6% |
ACSI | American Customer Satisfaction ETF | 16.6% | +25 bp | -2.2% |
FPAG | FPA Global Equity ETF | 16.3% | +9 bp | -1.3% |
ITAN | Sparkline Intangible Value ETF | 15.1% | +10 bp | -0.7% |
Risk and Returns: RSPC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 10/9/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
RSPC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
RSPC
6.7%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 933 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. RSPC's ALTAR Score™ is approximately
0.5 standard deviations
above
the category average. This places RSPC in the 68th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RSPCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
RSPC (40 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
RSPC | 40.0 | 26.7 | 66.7 |
Peer Avg. | 44.8 | 16.9 | 61.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .