Core Viewpoint - The Invesco S&P 500 Equal Weight Technology ETF (RSPT) offers a smart beta investment strategy that provides broad exposure to the technology sector, aiming to outperform traditional market cap weighted ETFs [1][5]. Group 1: Fund Overview - RSPT was launched on November 1, 2006, and has accumulated over $3.68 billion in assets, making it one of the larger ETFs in the technology category [1][5]. - The ETF seeks to match the performance of the S&P 500 Equal Weight Information Technology Index, which equally weights stocks in the information technology sector [5]. Group 2: Cost and Performance - RSPT has an annual operating expense ratio of 0.40% and a 12-month trailing dividend yield of 0.20%, positioning it as one of the cheaper options in the market [6]. - The ETF has gained approximately 11.74% and was up about 13.37% year-to-date as of August 28, 2025, with a trading range between $29.52 and $42.09 over the past 52 weeks [9]. Group 3: Holdings and Sector Exposure - RSPT's portfolio is entirely allocated to the Information Technology sector, with Arista Networks Inc (ANET) making up about 2.09% of total assets, followed by Advanced Micro Devices Inc (AMD) and Oracle Corp (ORCL) [7][8]. - The top 10 holdings constitute approximately 18.88% of total assets under management [8]. Group 4: Risk and Diversification - The ETF has a beta of 1.22 and a standard deviation of 23.23% over the trailing three-year period, indicating a higher level of volatility compared to the market [10]. - With around 70 holdings, RSPT effectively diversifies company-specific risk [10]. Group 5: Alternatives - Other ETFs in the technology space include the Technology Select Sector SPDR ETF (XLK) and the Vanguard Information Technology ETF (VGT), which have significantly larger asset bases of $84.48 billion and $100.19 billion, respectively [12]. - XLK has a lower expense ratio of 0.08%, while VGT charges 0.09% [12].