2024-02-22 13:27:50 ET
Summary
- We start off by picking out the key differentiating facets of an equally weighted portfolio of industrial stocks from the S&P 500, versus a market-cap weighted portfolio.
- Industrials are likely to face prolonged pressure on their cost base, and this is already providing some heightened downward revisions on the earnings front.
- The risk-reward on the charts look unappealing.
Comparison Vs Its Closest Peer
As the name suggests, the Invesco S&P 500 Equal Weight Industrials ETF ( RSPN ) is an ETF that offers equal exposure to the 80-odd industrial stocks that are included in the S&P 500....
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For further details see:
RSPN: A Mixed Picture