RSPT - ETF AI Analysis
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Invesco S&P 500 Equal Weight Technology ETF (RSPT)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year to date, indicating solid recent momentum.
Equal-Weight Approach
Because holdings are spread fairly evenly across many technology stocks, the fund avoids relying too heavily on just a few mega-cap names.
Broad Tech Leadership in Top Holdings
Many of the top positions, including several chip and hardware makers, have delivered strong year-to-date results that support the fund’s overall performance.
Negative Factors
High Sector Concentration
With almost all assets in technology and a small slice in communication services, the fund is heavily exposed to swings in the tech sector.
Limited Geographic Diversification
The ETF invests almost entirely in U.S. companies, offering little protection if the U.S. market or economy weakens.
Above-Average Expense Ratio for a Passive ETF
The fund’s expense ratio is on the higher side compared with many broad, low-cost index ETFs, which can slightly reduce long-term returns.
RSPT vs. SPDR S&P 500 ETF (SPY)
AUM5.19B
RegionNorth America
Expense Ratio0.40%
Beta1.36
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.28%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Information Technology -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume312,445
30 Day Avg. Volume380,909
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
65.57Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering74
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPT Summary
The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a fund that follows the S&P 500 Equal Weighted Information Technology index. Instead of letting a few giant tech companies dominate, it gives similar weight to many different U.S. tech stocks. It holds well-known names like Intel and AMD, along with other hardware, software, and chip makers, so investors get broad exposure to the tech sector in one investment. Someone might consider RSPT for growth potential and diversification within technology. However, it is heavily dependent on tech stocks, so its price can swing a lot when the tech sector rises or falls.
How much will it cost me?The Invesco S&P 500 Equal Weight Technology ETF (RSPT) has an expense ratio of 0.40%, meaning you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed with an equal-weight approach, which requires more frequent adjustments compared to passively managed ETFs.
What would affect this ETF?The Invesco S&P 500 Equal Weight Technology ETF (RSPT) could benefit from continued advancements in technology, such as growth in cloud computing, artificial intelligence, and semiconductor innovation, which are key areas for its top holdings. However, rising interest rates or regulatory changes targeting the tech sector could negatively impact profitability and valuations, especially for companies heavily reliant on borrowing or facing increased scrutiny. Additionally, its focus on U.S.-based technology companies means it is sensitive to domestic economic conditions and geopolitical risks.
RSPT Top 10 Holdings
RSPT is essentially a pure U.S. tech play, and its story right now is all about chips, data, and storage. ON Semiconductor, Monolithic Power, and AMD are helping pull the fund higher, riding steady to rising momentum around AI and data-center demand. Storage names like Western Digital and Seagate are also climbing, adding extra fuel as their recoveries gain traction. Intel looks more like a work in progress—improving but still a bit mixed—while SanDisk’s lingering profitability issues keep it from fully joining the rally, slightly tugging on overall returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intel | 2.77% | $140.47M | $597.89B | 476.64% | 64 Neutral | |
| SanDisk Corp | 2.44% | $123.82M | $206.22B | 3975.69% | 55 Neutral | |
| Advanced Micro Devices | 2.42% | $122.44M | $729.82B | 306.10% | 73 Outperform | |
| Seagate Tech | 2.32% | $117.30M | $168.41B | 644.50% | 68 Neutral | |
| Micron | 2.02% | $102.49M | $825.49B | 703.65% | 79 Outperform | |
| Western Digital | 2.01% | $101.76M | $158.42B | 876.04% | 77 Outperform | |
| ON Semiconductor | 1.94% | $98.31M | $43.19B | 159.19% | 73 Outperform | |
| Ciena | 1.87% | $94.87M | $78.44B | 632.94% | 70 Outperform | |
| Dell Technologies | 1.79% | $90.78M | $158.49B | 125.82% | 65 Neutral | |
| Datadog | 1.73% | $87.73M | $75.58B | 88.50% | 69 Neutral |
RSPT Technical Analysis
Positive
―
Price Trends
51.37
Positive
49.09
Positive
46.62
Positive
Market Momentum
2.32
Negative
76.03
Negative
91.45
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.59, equal to the 50-day MA of 51.37, and equal to the 200-day MA of 46.62, indicating a bullish trend. The MACD of 2.32 indicates Negative momentum. The RSI at 76.03 is Negative, neither overbought nor oversold. The STOCH value of 91.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RSPT.
RSPT Peer Comparison
Comparison Results
Performance Comparison
RSPT
Invesco S&P 500 Equal Weight Technology ETF
60.94
23.21
61.52%
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
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―
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XSD
SPDR S&P Semiconductor ETF
―
―
―
SKYY
First Trust Cloud Computing ETF
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―
XNTK
Spdr Nyse Technology Etf
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―
―
FXL
First Trust Technology AlphaDEX Fund
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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