RSPT - ETF AI Analysis

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

Rating:73Outperform

Price Target:

$50.00

The overall rating of the Invesco S&P 500 Equal Weight Technology ETF (RSPT) reflects a solid mix of holdings, with standout contributions from companies like Lam Research and Micron. Lam Research benefits from strong financial performance, effective cost management, and technological advancements, while Micron's record earnings and strategic investments in advanced technologies further bolster the fund's rating. However, weaker holdings like Intel, which faces profitability challenges and valuation concerns, may slightly weigh on the ETF's overall score. A potential risk is the fund's concentration in the technology sector, which could make it vulnerable to industry-specific downturns.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid gains this year, indicating strong momentum in its holdings.

Equal Weight Strategy

The fund’s equal weight approach reduces reliance on mega-cap stocks and provides balanced exposure across its holdings.

Focused Technology Exposure

With nearly all assets in the technology sector, the ETF benefits from the strong growth trends in this industry.

Negative Factors

Sector Concentration Risk

The ETF is heavily concentrated in technology, making it vulnerable to downturns in this single sector.

Limited Geographic Diversification

The fund is entirely focused on U.S. companies, offering no exposure to international markets.

Moderate Expense Ratio

The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly reduce long-term returns.

RSPT vs. SPDR S&P 500 ETF (SPY)

AUM4.02B

RegionNorth America

Expense Ratio0.40%

Beta1.40

IssuerInvesco

Inception DateNov 01, 2006

Dividend Yield0.4%

Asset ClassEquity

Index TrackedS&P 500 Equal Weighted / Information Technology -SEC

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume315,172

30 Day Avg. Volume297,286

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

52.82

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering71

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

RSPT Summary

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an investment fund that focuses on the Information Technology sector, offering exposure to a wide range of tech companies. Unlike traditional funds, it gives equal weight to each company, ensuring balanced growth potential. Some well-known companies in the ETF include Intel and Advanced Micro Devices (AMD). This ETF could be appealing to investors looking to benefit from the growth of technology and diversify within the tech sector. However, it’s important to note that the ETF’s performance is heavily tied to the tech industry, which can be volatile and sensitive to market changes.

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

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is riding the wave of semiconductor strength, with Micron and Lam Research leading the charge thanks to robust financial performance and technological advancements. AMD is also rising steadily, though valuation concerns linger. On the flip side, Applied Materials and Dell are holding back the fund slightly, with mixed signals from technical indicators and short-term challenges in key markets. With nearly all its holdings rooted in U.S. technology, this ETF is a concentrated bet on innovation, offering a balanced approach to the fast-evolving tech sector.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MU	Micron	2.33%	$90.89M	$271.58B	133.81%	74 Outperform
WDC	Western Digital	2.30%	$89.60M	$55.54B	134.12%	79 Outperform
AMD	Advanced Micro Devices	2.07%	$80.54M	$391.58B	65.21%	80 Outperform
TER	Teradyne	1.99%	$77.53M	$26.22B	59.26%	76 Outperform
INTC	Intel	1.99%	$77.34M	$165.57B	41.86%	56 Neutral
AMAT	Applied Materials	1.97%	$76.86M	$182.20B	32.96%	75 Outperform
LRCX	Lam Research	1.91%	$74.30M	$185.21B	104.13%	77 Outperform
STX	Seagate Tech	1.88%	$73.22M	$55.82B	159.57%	70 Outperform
DDOG	Datadog	1.82%	$70.66M	$63.21B	32.27%	72 Outperform
FSLR	First Solar	1.77%	$69.06M	$27.21B	34.60%	78 Outperform

RSPT Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

44.85

Negative

100DMA

43.11

Positive

200DMA

39.74

Positive

Market Momentum

MACD

-0.21

Positive

RSI

35.80

Neutral

STOCH

18.46

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RSPT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 45.53, equal to the 50-day MA of 44.85, and equal to the 200-day MA of 39.74, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 35.80 is Neutral, neither overbought nor oversold. The STOCH value of 18.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RSPT.

RSPT Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
RSPT	―	―	$4.02B	0.40%	73 Outperform
SKYY	―	―	$3.15B	0.60%	68 Neutral
QTEC	―	―	$2.86B	0.55%	72 Outperform
XNTK	―	―	$1.47B	0.35%	74 Outperform
FXL	―	―	$1.39B	0.62%	71 Outperform
IETC	―	―	$1.05B	0.18%	73 Outperform

Performance Comparison

RSPT

Invesco S&P 500 Equal Weight Technology ETF

43.13

5.69

15.20%

SKYY

First Trust Cloud Computing ETF

―

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

―

XNTK

Spdr Nyse Technology Etf

―

FXL

First Trust Technology AlphaDEX Fund

―

IETC

iShares Evolved US Technology ETF

―

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.

Disclaimer

This 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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