RSPT
RSPT 2-star rating from Upturn Advisory

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

Invesco S&P 500 Equal Weight Technology ETF (RSPT) 2-star rating from Upturn Advisory
$45.98
Last Close (24-hour delay)
Profit since last BUY28.26%
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Upturn Advisory Summary

11/05/2025: RSPT (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 31.76%
Avg. Invested days 59
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

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

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Invesco S&P 500 Equal Weight Technology ETF

Invesco S&P 500 Equal Weight Technology ETF(RSPT) company logo displayed in Upturn AI summary

ETF Overview

overview logo 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 logo Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and track record in the ETF market.

Leadership icon representing strong management expertise and executive team 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

Icon representing investment goals and financial objectives 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 logo 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.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

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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).