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Eight materials stocks with A-rated valuation grades during Q2 earnings season
Seeking Alpha News (Tue, 28-Jul 7:59 AM ET)
The Invesco S&P 500 Equal Weight Materials ETF (Fund) is based on the S&P 500 Equal Weight Materials Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the materials sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.
Invesco S&P 500 Equal Weight Materials ETF trades on the ARCA stock market under the symbol RSPM.
As of July 30, 2026, RSPM stock price declined to $39.60 with 140,424 million shares trading.
RSPM has a beta of 0.56, meaning it tends to be less sensitive to market movements. RSPM has a correlation of 0.12 to the broad based SPY ETF.
RSPM has a market cap of $188.89 million. This is considered a Micro Cap stock.
In the last 3 years, RSPM traded as high as $41.42 and as low as $26.63.
RSPM has outperformed the market in the last year with a price return of +19.5% while the SPY ETF gained +17.4%. However, in the short term, RSPM had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.1% vs +4.0% return in SPY. But in the last 2 weeks, RSPM shares have fared better than the market returning +3.1% compared to SPY -2.2%.
RSPM support price is $39.26 and resistance is $40.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RSPM shares will trade within this expected range on the day.
