Real Estate sector in an up-channelEWRE has been in an upward channel vs. the S&P 500, and is currently near the bottom of the channel. That makes it an attractive buy today, especially after last week's extremely positive housing report that showed rents and property values rising and mortgage rates and inventory numbers falling.
Key stats
About Invesco S&P 500 Equal Weight Real Estate ETF
Home page
Inception date
Aug 13, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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.
RSPR is the first equal-weighted ETF in the US real estate segment. Equal-weighting shrinks the footprint of the largest REITs in the portfolio, but the funds S&P 500 universe excludes small-caps, which would otherwise tilt the portfolio much smaller. The fund includes a small portion of non-REIT real estate management and development companies, while mortgage REITs are out of bounds. In all, RSPR offers a concentrated, equal-weight alternative in a space dominated by cap-weighted funds. Through September 2016, RSPR had failed to attract any investor interest. This changed somewhat due to an unusual arrangement with sister fund RSPF, which needed to divest itself of REITs to comply with a GICS classification change. RSPF provided AUM in the form of REITs to RSPR in return for its shares, which were then distributed to RSPF shareholders as of Sep. 16, 2016, thus providing a modest but critical boost to RSPRs AUM. Prior to June 7, 2023, the fund traded under the ticker EWRE.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Real estate bullish MACD crossThe real estate sector made an upward cross of its MACD on the daily chart yesterday and appears headed toward the top of its parallel channel with good momentum. This sector is rated "market weight" by the analytics firms.
Since the EWRE equal weight real estate fund got its start in 2015, it has
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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.
RSPR trades at 35.18 USD today, its price has risen 0.73% in the past 24 hours. Track more dynamics on RSPR price chart.
RSPR net asset value is 35.15 today — it's fallen 1.35% 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.
RSPR assets under management is 107.52 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.
RSPR price has risen by 0.28% over the last month, and its yearly performance shows a 9.05% increase. See more dynamics on RSPR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.35% over the last month, have fallen by −1.35% over the last month, showed a −2.90% decrease in three-month performance and has increased by 10.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.35% over the last month, have fallen by −1.35% over the last month, showed a −2.90% decrease in three-month performance and has increased by 10.88% in a year.
RSPR fund flows account for −16.69 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.
RSPR invests in stocks. See more details in our Analysis section.
RSPR 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, RSPR 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, RSPR technical analysis shows the strong 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 RSPR shows the buy signal. See more of RSPR technicals for a more comprehensive analysis.
Today, RSPR technical analysis shows the strong 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 RSPR shows the buy signal. See more of RSPR technicals for a more comprehensive analysis.
Yes, RSPR pays dividends to its holders with the dividend yield of 2.54%.
RSPR trades at a premium (0.06%).
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.
RSPR shares are issued by Invesco Ltd.
RSPR follows the S&P 500 Equal Weighted / Real Estate - SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 13, 2015.
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.