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Asset Summary

Weekly Performance Report for RSPC ETF: Week 51, 2024

Summary: The Weekly started with RSPC ETF opening at $35.89 and closing at $34.79. The ETF showed weakness throughout the Weekly, with the highest price observed at $35.89 and the lowest at $34.31. The underlying asset had a trading range of $1.58 Overall, it was a negative trading Weekly for RSPC ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.10 or -3.06% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for RSPC ETF was 28,784 units during Week 51, indicating active market participation and investor interest.

Opening Price: The Weekly started at $35.89.

Highest Price: The highest price observed during the Weekly was $35.89.

Lowest Price: The lowest price observed during the Weekly was $34.31.

Closing Price: The Weekly ended at $34.79.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, investing in RSPC carries risks such as sector risk and market risk. The consumer staples sector, while generally more stable than other sectors, can still be affected by economic conditions, changes in consumer preferences, and regulatory developments. Additionally, the equal weighting approach may lead to higher volatility compared to market-cap-weighted indices.

Key performance metrics for RSPC include its net asset value (NAV), expense ratio, total return, and tracking error. NAV represents the per-share value of the ETF, the expense ratio indicates the cost of managing the fund, total return measures overall performance including dividends, and tracking error shows how closely RSPC follows the S&P 500 Equal Weight Consumer Staples Index.

Dividends received from the underlying securities in RSPC are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of RSPC.

Historically, RSPC’s performance reflects the trends of the consumer staples sector, adjusted for the equal weighting of its constituents. Performance can vary based on economic conditions, consumer trends, and the financial health of individual companies within the sector.

RSPC is managed by Invesco. The fund aims to replicate the performance of the S&P 500 Equal Weight Consumer Staples Index by holding the same stocks in equal proportions as the index. The management involves periodic rebalancing to ensure that each constituent has an equal weight in the ETF.

Yes, RSPC can be held in retirement accounts such as IRAs or 401(k)s. It can be a suitable choice for investors seeking targeted exposure to the consumer staples sector within their retirement portfolio.

RSPC is rebalanced quarterly to align with changes in the S&P 500 Equal Weight Consumer Staples Index. This rebalancing ensures that each constituent maintains an equal weight within the ETF.

RSPC includes consumer staples companies that are part of the S&P 500 Index. These companies are involved in the production and distribution of essential goods such as food, beverages, household products, and personal care items. Each company in the index has an equal weight.

Investors can purchase shares of RSPC through a brokerage account, just like other stocks and ETFs. It is traded on the New York Stock Exchange (NYSE) under the ticker symbol "RSPC."

RSPC is designed to closely track the performance of the S&P 500 Equal Weight Consumer Staples Index. Therefore, its performance should be very similar to that of the index, with minor variations due to tracking error and management fees.

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