EW Consumer Discretionary ETF Triggers Outsized Decline This chart shows the EW Consumer Discretionary ETF (RSPD) with the ATR Stop & Reverse (ATR-SAR) indicator (red/green) and the price-relative in the indicator window (RSPD/RSP ratio). The ATR-SAR switches when there is a 4 x ATR(22) move in either direction. RSPD broke below the ATR-SAR and this sign
Key stats
About Invesco S&P 500 Equal Weight Consumer Discretionary ETF
Home page
Inception date
Nov 1, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
RSPD provides a unique but not radical alternative to market-cap-weighted consumer discretionary exposure in the US. Basically, the fund equal-weights all stocks in the S&P 500 Consumer Discretionary Index, whose composition is determined by an S&P Committee. Equal-weighting avoids concentration in large firms, while significantly increasing midcap exposure compared to the broad sector. RSPD's tilt toward smaller firms is limited by its universe—the S&P 500—which excludes small-caps. The index is rebalanced quarterly. Prior to June 7, 2023, the fund traded under the ticker RCD.
Classification
What's in the fund
Exposure type
Consumer Services
Retail Trade
Consumer Durables
Stock breakdown by region
Top 10 holdings
Bullish Regime or Cyclical Relief Rally ?The EW Consumer Discretionary to Consumer Staples ratio can provide insight into the specific stocks that are driving equity outperformance. Typically, in "risk on" regimes the Discretionary sector will outperform the Staples sector. Conversely, when investors get "defensive" Staples will tend t
Defensive Sectors outperformingThe use of Equal Weight ETFs such as Consumer Discretionary (RCD) relative to Consumer Staples (RHS) can yield meaningful clues about the underpinnings of the stock market. Presently, this RCD/RHS relative strength ratio is below the levels seen in the Q4 2018 corrective period (red line in graph).
Consumer discretionary MACD cross on weekly chartThe consumer discretionary (i.e. retail) sector has made a bullish MACD cross on its weekly chart. It's also above signal line on the daily chart. This suggests the sector is entering a new medium-term uptrend. Now should be a good time to buy and hold the sector.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RSPD trades at 51.81 USD today, its price has fallen −0.10% in the past 24 hours. Track more dynamics on RSPD price chart.
RSPD net asset value is 51.58 today — it's risen 4.86% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RSPD assets under management is 210.13 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RSPD price has risen by 5.76% over the last month, and its yearly performance shows a 10.05% increase. See more dynamics on RSPD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.86% over the last month, showed a −4.87% decrease in three-month performance and has increased by 9.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.86% over the last month, showed a −4.87% decrease in three-month performance and has increased by 9.92% in a year.
RSPD fund flows account for −187.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RSPD invests in stocks. See more details in our Analysis section.
RSPD expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RSPD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RSPD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RSPD shows the buy signal. See more of RSPD technicals for a more comprehensive analysis.
Today, RSPD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RSPD shows the buy signal. See more of RSPD technicals for a more comprehensive analysis.
Yes, RSPD pays dividends to its holders with the dividend yield of 0.96%.
RSPD trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RSPD shares are issued by Invesco Ltd.
RSPD follows the S&P 500 Equal Weighted / Consumer Discretionary -SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 1, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.