Making its debut on 11/01/2006, smart beta exchange traded fund Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) provides investors broad exposure to the Consumer Discretionary ETFs category of the market.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), a passively managed exchange traded fund launched on November 1, 2006.
I believe the Invesco S&P 500 Equal Weight Consumer Discretionary ETF is a Hold, lacking catalysts to outperform IVV and likely to trail it for a fifth consecutive year. RSPD's equal weighting results in weaker forward EPS, revenue, and EBITDA growth rates and a less compelling GARP profile compared to IVV despite its higher EY. With a history of consistently soft total returns, RSPD also failed to generate stronger risk-adjusted returns compared to IVV and XLY because of its surprisingly high standard deviation.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 4,601 | $257,670 | $269,848.65 | $12,178.65 | 4.73% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 417 | $22,322.01 | $24,331.95 | $2,009.94 | 9% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1,011 | $56,188.39 | $59,335.59 | $3,147.2 | 5.6% |
| JNM Jay Nelsen Myers Treynor Bancshares Inc. | 31,911 | $1.34M | $1.81M | $470,638.78 | 35.05% |
Richard Slavik Newbridge Financial Services Group Inc. | 500 | $28,850 | $28,985 | $135 | 0.47% |
| ARCA Exchange | US Country |
The company is an investment vehicle that aims to replicate the performance of the S&P 500® Consumer Discretionary Index by investing at least 90% of its total assets in the stocks that make up the index. This index specifically includes the common stocks of companies within the S&P 500® classified under the consumer discretionary sector as per the Global Industry Classification Standard. This strategic focus on consumer discretionary stocks places the company in a position to capitalize on the consumer spending segment of the economy.
The primary offerings of the company are predicated on providing investors with exposure to consumer discretionary stocks through carefully selected investments that mirror the performance of the S&P 500® Consumer Discretionary Index.
This product is designed for investors looking to gain exposure to the consumer discretionary sector of the U.S. economy by investing in a fund that closely follows the S&P 500® Consumer Discretionary Index. The fund achieves this by holding the common stocks of all companies classified in this sector according to the GICS, thereby offering a diversified portfolio within this specific market segment.
As the fund invests in companies that are part of the S&P 500® and classified under the consumer discretionary sector, it also indirectly offers investors exposure to the broader market performance of the S&P 500®. This includes companies involved in industries such as automotive, household durable goods, apparel, restaurants, and leisure facilities. The selection is geared towards entities poised to benefit from discretionary consumer spending, making it an attractive option for investors aiming to capitalize on economic growth and consumer trends.