Daily Performance Report for RSP ETF: Dec 9, 2024
Summary: The day started with RSP ETF opening at $185.38 and closing at $184.45. The ETF showed weakness throughout the day, with the highest price observed at $185.98 and the lowest at $184.39. The underlying asset had a trading range of $1.59 Overall, it was a negative trading day for RSP ETF, reflecting investor pessimism and market activity.
Change in Closing Price: There was a net decrease of $-0.93 or -0.50% in the closing price from the opening to the closing price over the day.
Volume Analysis: Trading volume for RSP ETF was 5,119,533 units during Dec 9, 2024, indicating active market participation and investor interest.
Opening Price: The day started at $185.38.
Highest Price: The highest price observed during the day was $185.98.
Lowest Price: The lowest price observed during the day was $184.39.
Closing Price: The day ended at $184.45.
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.
0.09%
Represents the percentage change in asset value over the past month.
7.61%
Indicates the percentage change in asset value over the last three months.
6.00%
The highest percentage drop from the peak value to the lowest point during the observed period.
11.14%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
1.58
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
2.94
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
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 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:
Type/Period | |
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SMA | |
EMA | |
WMA | |
WEMA |
Pivot Points are used to determine potential support and resistance levels. Here’s a breakdown of the latest Pivot Points for various methods:
Type | S3 | S2 | S1 | PIVOT | R1 | R2 | R3 |
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Technical Indicators are tools used to analyze market trends and make predictions. Here’s a summary of some key indicators:
Indicator | Value | Details |
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Candlestick patterns are crucial in technical analysis, providing visual insights into market sentiment and potential price movements. This section analyzes various candlestick patterns over a specified range of recent candles to identify any significant formations that might indicate future market trends. Each pattern is evaluated based on the latest candle data to determine if it matches known patterns of bullish or bearish signals.
The tool utilizes real-time price data to scan for these patterns, displaying results with timestamps to help understand the context of each detected pattern.
Timestamp | Pattern | Found |
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Pattern | Support |
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This section provides a detailed overview of historical price data for the selected asset. The table below captures key metrics such as open, high, low, and close prices as well as volume and vwap for each trading period. Analyzing historical prices helps in understanding past market trends and volatility, enabling better-informed decisions for future trading strategies.
Timestamp | Open | High | Low | Close | Volume | VWAP | Change |
---|---|---|---|---|---|---|---|
12/09/2024 08:00 PM | 184.86 | 184.87 | 184.39 | 184.47 | 1,328,059 | 184.54 | -0.39 -0.21% |
12/09/2024 07:00 PM | 185.02 | 185.05 | 184.82 | 184.87 | 345,829 | 184.91 | -0.15 -0.08% |
12/09/2024 06:00 PM | 184.85 | 185.12 | 184.77 | 185.03 | 373,098 | 184.93 | +0.18 +0.10% |
12/09/2024 05:00 PM | 185.13 | 185.14 | 184.81 | 184.87 | 335,992 | 184.95 | -0.26 -0.14% |
12/09/2024 04:00 PM | 185.24 | 185.27 | 184.89 | 185.13 | 857,290 | 185.04 | -0.11 -0.06% |
12/09/2024 03:00 PM | 185.76 | 185.85 | 185.14 | 185.24 | 1,100,901 | 185.51 | -0.52 -0.28% |
12/06/2024 08:00 PM | 185.12 | 185.28 | 185.05 | 185.19 | 653,029 | 185.17 | +0.07 +0.04% |
12/06/2024 07:00 PM | 185.32 | 185.36 | 185.06 | 185.11 | 323,184 | 185.15 | -0.21 -0.11% |
12/06/2024 06:00 PM | 185.30 | 185.58 | 185.25 | 185.33 | 231,760 | 185.40 | +0.03 +0.02% |
12/06/2024 05:00 PM | 185.56 | 185.56 | 185.22 | 185.31 | 417,074 | 185.30 | -0.25 -0.13% |
12/06/2024 04:00 PM | 185.93 | 185.93 | 185.43 | 185.56 | 629,830 | 185.61 | -0.37 -0.20% |
12/06/2024 03:00 PM | 186.01 | 186.05 | 185.70 | 185.94 | 1,060,987 | 185.88 | -0.07 -0.04% |
12/05/2024 08:00 PM | 185.67 | 185.82 | 185.34 | 185.45 | 1,294,896 | 185.59 | -0.22 -0.12% |
12/05/2024 07:00 PM | 185.82 | 185.83 | 185.61 | 185.67 | 386,018 | 185.70 | -0.15 -0.08% |
12/05/2024 06:00 PM | 185.99 | 185.99 | 185.66 | 185.83 | 344,448 | 185.83 | -0.16 -0.09% |
12/05/2024 05:00 PM | 185.87 | 186.02 | 185.78 | 186.00 | 694,212 | 185.87 | +0.13 +0.07% |
12/05/2024 04:00 PM | 185.77 | 185.92 | 185.66 | 185.85 | 812,346 | 185.77 | +0.08 +0.04% |
12/05/2024 03:00 PM | 186.40 | 186.48 | 185.60 | 185.78 | 847,088 | 186.03 | -0.62 -0.33% |
12/04/2024 08:00 PM | 185.95 | 186.34 | 185.92 | 186.33 | 1,256,827 | 186.16 | +0.38 +0.20% |
12/04/2024 07:00 PM | 185.80 | 186.06 | 185.79 | 185.95 | 539,886 | 185.92 | +0.15 +0.08% |
12/04/2024 06:00 PM | 186.15 | 186.15 | 185.60 | 185.86 | 802,862 | 185.91 | -0.29 -0.16% |
12/04/2024 05:00 PM | 186.21 | 186.22 | 186.03 | 186.12 | 451,096 | 186.12 | -0.09 -0.05% |
12/04/2024 04:00 PM | 186.03 | 186.35 | 185.97 | 186.21 | 586,652 | 186.19 | +0.18 +0.10% |
12/04/2024 03:00 PM | 186.28 | 186.29 | 185.68 | 186.02 | 1,521,218 | 185.94 | -0.26 -0.14% |
12/03/2024 08:00 PM | 186.66 | 186.69 | 186.29 | 186.32 | 884,304 | 186.51 | -0.34 -0.18% |
12/03/2024 07:00 PM | 186.52 | 186.74 | 186.44 | 186.69 | 495,837 | 186.58 | +0.17 +0.09% |
12/03/2024 06:00 PM | 186.64 | 186.68 | 186.45 | 186.53 | 604,615 | 186.56 | -0.11 -0.06% |
12/03/2024 05:00 PM | 186.19 | 186.67 | 186.18 | 186.62 | 693,126 | 186.49 | +0.43 +0.23% |
12/03/2024 04:00 PM | 186.36 | 186.46 | 186.12 | 186.18 | 1,250,209 | 186.27 | -0.18 -0.10% |
12/03/2024 03:00 PM | 186.57 | 186.65 | 186.27 | 186.35 | 1,592,802 | 186.46 | -0.22 -0.12% |
12/02/2024 08:00 PM | 187.25 | 187.35 | 187.08 | 187.14 | 2,377,859 | 187.24 | -0.11 -0.06% |
12/02/2024 07:00 PM | 187.28 | 187.28 | 187.03 | 187.26 | 306,817 | 187.17 | -0.02 -0.01% |
12/02/2024 06:00 PM | 187.18 | 187.34 | 187.14 | 187.29 | 191,882 | 187.26 | +0.11 +0.06% |
12/02/2024 05:00 PM | 187.02 | 187.28 | 186.95 | 187.17 | 300,914 | 187.06 | +0.15 +0.08% |
12/02/2024 04:00 PM | 186.71 | 187.13 | 186.59 | 187.02 | 760,687 | 186.90 | +0.31 +0.17% |
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Get Advanced Analysis NowAs of the latest update, RSP has an expense ratio of approximately 0.20%. This fee is deducted from the fund’s assets and covers the cost of managing the ETF.
Key performance metrics for RSP 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 RSP follows the S&P 500 Equal Weight Index.
Similar ETFs to RSP include the Invesco S&P 500 ETF (SPY), which tracks the traditional market-cap weighted S&P 500 Index, and the Invesco S&P 500 Low Volatility ETF (SPLV), which focuses on low volatility stocks within the S&P 500. These ETFs offer different approaches to S&P 500 exposure.
RSP is rebalanced quarterly to maintain equal weightings of the 500 constituent stocks. This periodic rebalancing ensures the ETF continues to accurately reflect the S&P 500 Equal Weight Index.
RSP includes the same 500 companies as the S&P 500 Index, but each company is given equal weight in the ETF. This includes large-cap companies from a variety of sectors such as technology, healthcare, consumer discretionary, and industrials.
Yes, investing in RSP carries risks such as market risk and sector risk. While RSP provides equal exposure to all S&P 500 companies, it can be more volatile compared to market-cap weighted indices. The performance of the ETF can be influenced by broader market conditions and the specific performance of the constituent stocks.
RSP is managed by Invesco. The fund aims to replicate the performance of the S&P 500 Equal Weight Index by holding equal positions in each of the 500 stocks included in the index. Management involves periodic rebalancing to maintain equal weightings and ensure that the ETF reflects the index accurately.
Dividends received from the underlying stocks in RSP are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of RSP.
Historically, RSP has demonstrated performance reflective of the S&P 500 Equal Weight Index. It tends to have different performance characteristics compared to market-cap weighted S&P 500 ETFs, with potential outperformance or underperformance depending on the market environment and sector dynamics.
RSP is designed to track the S&P 500 Equal Weight Index, which differs from the traditional S&P 500 Index in that it equally weights all 500 companies rather than weighting by market capitalization. As a result, RSP may have different performance characteristics compared to traditional S&P 500 ETFs, especially in terms of sector and company size exposure.
Discover our curated selection of top-performing exchange-traded funds (ETFs) that represent a diverse range of investment opportunities.
SPY is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P 500 Index. The S&P 500 Index includes 500 of the largest publicly traded companies in the United States, representing a broad cross-section of the U.S. economy.
QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, primarily focusing on technology and innovation sectors.
DIA is an exchange-traded fund (ETF) that aims to track the performance of the Dow Jones Industrial Average (DJIA). The DJIA is a stock market index consisting of 30 large, publicly traded companies in the United States, representing a broad range of industries.
IWM is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 2000 Index. The Russell 2000 Index measures the performance of the 2,000 smallest stocks in the Russell 3000 Index, representing a broad segment of small-cap U.S. companies.
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