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Invesco S&P 500 Equal Weight Technology ETF (RSPT)

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Upturn Advisory Summary
11/05/2025: RSPT (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 31.76% | Avg. Invested days 59 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta 1.33 | 52 Weeks Range 28.48 - 40.71 | Updated Date 06/30/2025 |
52 Weeks Range 28.48 - 40.71 | Updated Date 06/30/2025 |
Upturn AI SWOT
Invesco S&P 500 Equal Weight Technology ETF
ETF Overview
Overview
The Invesco S&P 500 Equal Weight Technology ETF (RYT) seeks to replicate the performance of the S&P 500 Equal Weight Technology Index. It provides exposure to the technology sector of the S&P 500, with each company held in approximately equal weight. This strategy aims to reduce concentration risk and potentially improve long-term returns.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and track record in the ETF market.
Management Expertise
Invesco has a team of experienced portfolio managers and analysts dedicated to managing and monitoring their ETFs, ensuring effective strategy implementation.
Investment Objective
Goal
To track the investment results of the S&P 500 Equal Weight Technology Index.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, meaning it invests in all or substantially all of the securities in the underlying index in approximately the same proportions as the index.
Composition The ETF primarily holds stocks of technology companies within the S&P 500. All companies receive an equal weighting.
Market Position
Market Share: RYT holds a moderate market share among equal-weight technology ETFs.
Total Net Assets (AUM): 498140000
Competitors
Key Competitors
- Technology Select Sector SPDR Fund (XLK)
- Vanguard Information Technology ETF (VGT)
- iShares U.S. Technology ETF (IYW)
Competitive Landscape
The technology ETF landscape is dominated by market-cap weighted ETFs. RYT offers diversification within the tech sector through equal weighting, which differentiates it from competitors like XLK and VGT. Its advantage is reduced concentration risk, but a disadvantage can be underperformance compared to cap-weighted ETFs during periods of strong performance by mega-cap tech stocks.
Financial Performance
Historical Performance: Historical performance data can be obtained from Invesco's website or financial data providers.
Benchmark Comparison: RYT is benchmarked against the S&P 500 Equal Weight Technology Index. It will closely track the index, with slight variations due to fees and expenses.
Expense Ratio: 0.4
Liquidity
Average Trading Volume
RYT's average trading volume indicates moderate liquidity, allowing for relatively easy buying and selling of shares.
Bid-Ask Spread
RYT's bid-ask spread is generally tight, reflecting decent liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, technological innovation, and regulatory changes can all affect RYT. Strong economic growth and innovation typically benefit the technology sector.
Growth Trajectory
RYT's growth is tied to the performance of the technology sector within the S&P 500 and its equal-weighting strategy. Significant strategy changes are unlikely.
Moat and Competitive Advantages
Competitive Edge
RYT's competitive edge lies in its equal-weighting approach within the technology sector. This strategy diversifies holdings, reducing the impact of individual mega-cap stocks and providing exposure to a broader range of technology companies. This can lead to different performance outcomes compared to market-cap weighted ETFs. However, it is vulnerable to underperformance in times of mega cap outperformance.
Risk Analysis
Volatility
RYT's volatility is expected to be high due to its focus on the technology sector, which can be more volatile than the broader market.
Market Risk
RYT is subject to market risk, particularly sector-specific risk related to the technology industry. Changes in technology trends, regulations, or consumer preferences can negatively impact the ETF's performance.
Investor Profile
Ideal Investor Profile
The ideal investor for RYT is someone seeking diversified exposure to the technology sector, willing to accept higher volatility, and prefers an equal-weighting strategy over a market-cap weighting approach.
Market Risk
RYT is suitable for long-term investors seeking growth potential in the technology sector but may also be used by active traders seeking to capitalize on short-term sector trends.
Summary
Invesco's RYT offers exposure to the technology sector of the S&P 500 through an equal-weighting strategy. This approach distinguishes it from market-cap weighted ETFs and offers greater diversification within the sector. Its performance will depend on the overall health of the tech sector and the relative performance of smaller tech companies compared to mega-cap stocks. Investors should be aware of the ETF's higher volatility and sector-specific risks. RYT is suitable for those seeking diversified exposure and willing to accept some volatility for potential long-term growth in the technology industry.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- Morningstar
- Bloomberg
- ETF.com
Disclaimers:
This information is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Market share data is approximate and may vary depending on the source and date.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco S&P 500 Equal Weight Technology ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Information Technology Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the information technology services sector, as defined according to the Global Industry Classification Standard (GICS).

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