Garmin

BorgWarner

Ford Motor Company

Pool

eBay

General Motors

YUM! Brands

Tesla

Domino's Pizza

Starbucks

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

RCD tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500.

RSPD tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500.

iShares U.S. Home Construction ETF

Invesco Dynamic Building & Construction ETF

Invesco S&P 500 Equal Weight ETF

Vanguard S&P 500 ETF

Consumer Discretionary Select Sector SPDR Fund

This week the VettaFi Voices discuss what lies ahead for the U.S. economy and U.S. markets. Consumer confidence ticked up significantly from 102.5 in May to 109.7 in June.

VettaFi Voices On: What's Ahead for Economy, Markets?

Invesco S&P 500 Equal Weight Communication Services ETF

Invesco S&P 500 Equal Weight Real Estate ETF

Invesco S&P 500 Equal Weight Industrials ETF

Invesco S&P 500 Equal Weight Consumer Staples ETF

Invesco S&P 500 Equal Weight Materials ETF

Invesco S&P 500 Equal Weight Energy ETF

Invesco S&P 500 Equal Weight Financials ETF

Invesco S&P 500 Equal Weight Health Care ETF

Invesco S&P 500 Equal Weight Technology ETF

Invesco S&P 500 Equal Weight Utilities ETF

Invesco has changed the tickers for its suite of equal-weight sector ETFs. Invesco united its lineup of 11 equal-weight sector ETFs with new tickers that connect back to the $33.6 billion Invesco S&P 500® Equal Weight ETF (RSP), effective June 6.

Invesco Changes Tickers for Equal-Weight Sector ETFs

The sectors that have the highest concentration in the largest five companies can benefit most from an equal-weight strategy. An equal-weight strategy can reduce concentration risk in portfolios.

Which Sectors Can Benefit Most From an Equal-Weight Strategy?

RCD, an equally-weighted discretionary offering, has underperformed its cap-weighted counterpart over the long term and short term. Conditions in the industry don't look comforting.

RCD ETF: The Wheels Are Coming Off

Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) is a smart beta exchange traded fund offering broad exposure to the Consumer Discretionary ETFs category of the market.

Is Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) a Strong ETF Right Now?

Two subsectors look good regarding fundamental metrics: durables/apparel and consumer services. The most overvalued one is auto and components.

RCD: Consumer Discretionary Dashboard For May

Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), a passively managed exchange traded fund launched on 11/01/2006.

Should You Invest in the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD)?

As markets remain volatile in 2023, investors may be surprised to learn the three sectors posting positive returns year to date. The only three sectors generating positive performance year to date as of March 23 include communication services (+18.1%), information technology (17.2%), and consumer discretionary (+10.0%).

EWCO, RYT, and RCD Are Worth a Look

Markets retreated in February, as the S&P 500 clawed back some of its January gains. In February, three Invesco equal weight sector ETFs saw notable inflows.

Investors Are Allocating to These 3 Invesco Equal Weight Sector ETFs

As markets rebound, the two best-performing sectors year to date were the two worst-performing sectors in 2022. Last year's worst-performing sector, communication services, and runner-up, consumer discretionary sector, are up 10.01% and 13.19%, respectively, between January 1 and February 22.

These 2 Equal Weight Sector ETFs Are Rallying in 2023

First Trust NASDAQ Global Auto Index Fund

Franklin International Core Dividend Tilt Index ETF

Fidelity MSCI Consumer Discretionary ETF

IM Rba Responsible Global Allocation ETF

Direxion Daily Retail Bull 3X Shares

Vanguard Consumer Discretionary ETF

Direxion Daily Consumer Discretionary Bull 3X Shares

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs.

Bull vs. Bear: Will Momentum Carry for Consumer Discretionary Stocks?

Only one subsector has a good value score: durables and apparel. Retailing has a good quality score and is moderately overvalued.

RCD: Consumer Discretionary Dashboard For February

Tractor Supply

Whirlpool

Profits at consumer discretionary firms are beating expectations by more than S&P 500 companies in general, and the stocks have been rewarded.

Consumer Stocks Outperform After Earnings: The Case for Caution

First Trust Consumer Discretionary AlphaDEX Fund

iShares Evolved U.S. Discretionary Spending ETF

iShares U.S. Consumer Services ETF

iShares U.S. Consumer Goods ETF

Invesco DWA Consumer Cyclicals Momentum ETF

 Invesco S&P SmallCap Consumer Discretionary ETF

VanEck Vectors Retail ETF

iShares Global Consumer Discretionary ETF

Consumer Staples Select Sector SPDR Fund

SPDR S&P Retail ETF

The first month of 2023 (and the last month of the retail industry's Q4 2022) saw America's largest party supply store file for Chapter 11 bankruptcy, a move that the StarMine credit models had predicted about a year ago. According to StarMine, Bed Bath & Beyond scores in the bottom decile when it comes to the Relative Valuation, Val-Mo, and Short Interest models.

Inflation Continues To Dampen U.S. Retail Sales While Luxury Shines

Big tech earnings are in the spotlight this week and next as investors anticipate fourth-quarter results.

Ahead of Big Tech Earnings, Equal Weight Sector ETFs Better Positioned

Equal-weighted ETFs outperformed their cap-weighted peers by an impressive margin in 2022. The S&P 500 Equal Weight index has consistently outperformed the S&P 500 in 2022, with equal weight's outperformance over 12 months climbing to 8% on a relative basis, as of the end of November.

2022's Top-Read Stories on Equal-Weighted ETFs

As equity markets rallied last month on softer inflation data, investors allocated to consumer discretionary more than any other Invesco equal weight sector ETF.

RCD Leads in Equal Weight Sector Flows Last Month

ETFMG Travel Tech ETF

Advisorshares Hotel ETF

Defiance Hotel Airline and Cruise ETF

Advisorshares Restaurant ETF

Global X Funds - Global X E-commerce ETF

Fidelity MSCI Consumer Staples ETF

Nasdaq F&B Shs Nasdaq Food & Beverage

First Trust Consumer Staples AlphaDEX Fund

Amplify Online Retail ETF

iShares Evolved U.S. Consumer Staples ETF

First Trust S-Network E-Commerce ETF

iShares Global Consumer Staples ETF

Proshares Online Retail ETF

Invesco Dynamic Food & Beverage ETF

Invesco S&P SmallCap Consumer Staples ETF

Invesco DWA Consumer Staples Momentum ETF

Vanguard Consumer Staples ETF

40% of the online merchandise for U.S. retailers is on sale as we enter Black Friday week of 2022. The average percent discount in November is 36.3%; this has come down from the YTD levels of 37.6% and is significantly below the pre-pandemic levels.

U.S. Retailers Ramp Up Black Friday Deals

While all of Invesco's equal-weight sector ETFs recorded gains during October, there were five sectors that performed exceptionally well, pulling the S&P 500 Equal Weight Index higher. The S&P 500 Index gained 8.10% on a total return basis during the month of October, notching its best month since the broad market's July rally.

These 5 Equal-Weight Sector ETFs Outperformed in October

On Monday, VettaFi wrote that equal weight sector ETFs were better positioned to hold steady if Big Tech companies were to report disappointing third-quarter earnings. So far, they have.

Equal Weight Sector ETFs Hold Steady Despite Earnings Misses

John Hancock Multifactor Consumer Discretionary ETF

John Hancock Multifactor Consumer Staples ETF

The mismatch between supply and demand within the retail space has reversed in advance of this year's holiday shopping season. Higher prices that retailers have successfully implemented since the pandemic are not going to reverse entirely.

Retail Outlook: Who Will Be In The Driver's Seat This Holiday Season?

Equal weight sector ETFs are poised to hold up better than their market cap-weighted peers should Big Tech companies report disappointing third-quarter earnings.  Investors are eagerly awaiting earnings reports this week from Big Tech companies Alphabet (GOOGL), Microsoft (MSFT), Intel (INTC), Apple (AAPL), Meta Platforms (META), and Amazon (AMZN).

Equal Weight ETFs Poised to Outperform if Big Tech Earnings Disappoint

When you think fast-growing S&P 500 sectors, tech probably pops to mind. But new estimates show another sector will take over.

Tech Is So 2020; How To Own The Future's Fastest Growing Sector

ProShares VIX Short-Term Futures ETF

RCD and VIXY saw massive trading volumes in yesterday session.

Consumer Discretionary & Volatiity: 2 ETFs to Watch for Outsized Volume

Investors allocated more funds to the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) than any other Invesco equal-weight sector ETF in August.

News for Invesco S&P 500 Equal Weight Consumer Discretionary ETF ETF (RCD)