RSPT - ETF AI Analysis

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

Rating:71Outperform

Price Target:―

RSPT, the Invesco S&P 500 Equal Weight Technology ETF, earns a solid overall rating thanks to several strong technology leaders like Arista Networks, Applied Materials, AMD, and Western Digital, which all show robust financial performance and positive growth outlooks, especially in AI, cloud, and data center demand. The rating is held back somewhat by weaker names like Intel, where profitability and cash flow challenges are noted, and by the common risk across many holdings of high valuations and occasional bearish technical signals, meaning investors should be aware of potential volatility in the tech sector. The main risk factor is the ETF’s concentrated exposure to technology, where overvaluation and sector-wide swings can have a meaningful impact on returns.

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)

AUM5.55B

RegionNorth America

Expense Ratio0.40%

Beta1.37

IssuerInvesco

Inception DateNov 01, 2006

Dividend Yield0.26%

Asset ClassEquity

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

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume963,533

30 Day Avg. Volume606,405

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

73.64

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering75

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 very much a U.S. tech story, with its top spots dominated by chip and hardware names rather than a single mega-cap giant. Micron, Western Digital, and Seagate are doing the heavy lifting, riding rising demand for AI-driven memory and storage. Applied Materials and Lam Research are also pulling their weight as chip-equipment plays, though their momentum looks a bit more steady than explosive. On the flip side, Intel and SanDisk feel more like passengers than drivers, with mixed results that occasionally tap the brakes on the fund’s overall progress.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
PANW	Palo Alto Networks	1.80%	$101.92M	$283.67B	65.22%	73 Outperform
ZBRA	Zebra Tech	1.65%	$93.57M	$12.73B	-14.76%	72 Outperform
CRWD	CrowdStrike Holdings	1.63%	$92.44M	$197.52B	53.33%	67 Neutral
AMD	Advanced Micro Devices	1.61%	$91.56M	$844.36B	274.48%	73 Outperform
AMAT	Applied Materials	1.58%	$89.55M	$478.79B	184.37%	77 Outperform
WDC	Western Digital	1.56%	$88.44M	$185.78B	785.47%	77 Outperform
FTNT	Fortinet	1.55%	$87.73M	$114.48B	47.54%	71 Outperform
GLW	Corning	1.53%	$86.93M	$169.36B	251.56%	74 Outperform
ANET	Arista Networks	1.51%	$85.68M	$201.46B	67.60%	83 Outperform
INTC	Intel	1.51%	$85.68M	$604.88B	367.95%	64 Neutral

RSPT Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

60.49

Positive

100DMA

53.92

Positive

200DMA

49.80

Positive

Market Momentum

MACD

0.35

Positive

RSI

48.64

Neutral

STOCH

29.40

Neutral

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 62.58, equal to the 50-day MA of 60.49, and equal to the 200-day MA of 49.80, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 48.64 is Neutral, neither overbought nor oversold. The STOCH value of 29.40 is Neutral, 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	―	―	$5.55B	0.40%	71 Outperform
QTEC	―	―	$4.83B	0.55%	73 Outperform
XSD	―	―	$3.30B	0.35%	66 Neutral
SKYY	―	―	$2.79B	0.60%	67 Neutral
FXL	―	―	$2.67B	0.60%	71 Outperform
XNTK	―	―	$2.26B	0.35%	74 Outperform

Performance Comparison

RSPT

Invesco S&P 500 Equal Weight Technology ETF

63.04

21.82

52.94%

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

―

XSD

SPDR S&P Semiconductor ETF

―

SKYY

First Trust Cloud Computing ETF

―

FXL

First Trust Technology AlphaDEX Fund

―

XNTK

Spdr Nyse 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.

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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