Core Viewpoint - The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a passively managed fund that provides broad exposure to the Technology - Broad segment of the equity market, appealing to both institutional and retail investors due to its low costs and transparency [1][2]. Group 1: Fund Overview - Launched on November 1, 2006, RSPT has accumulated over $3.67 billion in assets, making it one of the larger ETFs in the Technology - Broad segment [3]. - The ETF aims to match the performance of the S&P 500 Equal Weight Information Technology Index, which equally weights stocks in the information technology sector of the S&P 500 Index [3]. Group 2: Cost Structure - RSPT has annual operating expenses of 0.40%, positioning it as one of the more affordable options in the ETF market [4]. - The fund has a 12-month trailing dividend yield of 0.20% [4]. Group 3: Sector Exposure and Holdings - The ETF is fully allocated to the Information Technology sector, with approximately 100% of its portfolio dedicated to this area [5]. - Palantir Technologies Inc (PLTR) constitutes about 2.10% of total assets, with the top 10 holdings making up approximately 17.75% of total assets under management [6]. Group 4: Performance Metrics - Year-to-date, RSPT has returned roughly 11.21%, and it has increased by about 12.43% over the last 12 months as of July 21, 2025 [7]. - The ETF has traded between $29.52 and $41.65 in the past 52 weeks, with a beta of 1.22 and a standard deviation of 23.72% over the trailing three-year period [7]. Group 5: Investment Alternatives - RSPT holds a Zacks ETF Rank of 2 (Buy), indicating a favorable outlook based on expected asset class return, expense ratio, and momentum [8]. - Other notable ETFs in the technology sector include the Technology Select Sector SPDR ETF (XLK) and the Vanguard Information Technology ETF (VGT), with XLK having $82.41 billion in assets and VGT at $97.28 billion [9].
Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RSPT)?