RSPT - ETF AI Analysis
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Invesco S&P 500 Equal Weight Technology ETF (RSPT)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as SanDisk, Micron, Lam Research, and Intel, have shown strong year-to-date gains, helping support the fund’s overall results.
Equal-Weight Technology Exposure
By spreading investments more evenly across many tech stocks instead of concentrating in just a few giants, the ETF reduces reliance on any single company’s performance.
Healthy Asset Base
The fund manages several billion dollars in assets, suggesting it has enough scale and investor interest to support stable trading and operations.
Negative Factors
Single-Sector Concentration
With almost all assets in technology and a small slice in communication services, the ETF is heavily exposed to swings in the tech sector.
Limited Geographic Diversification
The portfolio is almost entirely invested in U.S. companies, offering little protection if the U.S. market or economy weakens.
Moderate Expense Ratio
The fund’s expense ratio is higher than many broad market index ETFs, which can slightly reduce long-term returns for buy-and-hold investors.
RSPT vs. SPDR S&P 500 ETF (SPY)
AUM3.98B
RegionNorth America
Expense Ratio0.40%
Beta1.35
IssuerInvesco
Inception DateNov 01, 2006
Dividend Yield0.37%
Asset ClassEquity
Index TrackedS&P 500 Equal Weighted / Information Technology -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume556,737
30 Day Avg. Volume388,213
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
57.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering74
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RSPT Summary
RSPT is the Invesco S&P 500 Equal Weight Technology ETF, which follows the S&P 500 Equal Weighted Information Technology index. It invests mainly in U.S. tech companies and gives each stock a similar weight instead of letting the biggest companies dominate. Well-known holdings include Intel and Applied Materials. Someone might invest in RSPT to get diversified exposure to many different technology businesses that could benefit from long-term growth in areas like chips, software, and cloud computing. A key risk is that it is heavily focused on technology, so its price can swing a lot and may fall sharply if the tech sector struggles.
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 U.S. tech hardware and semiconductor workshop, with names like SanDisk, Western Digital, and Micron doing much of the heavy lifting as demand tied to AI and data storage keeps them rising. Ciena and Keysight add extra spark, with upbeat earnings and momentum helping push the fund forward. On the flip side, Teradyne, Lam Research, and Corning look a bit winded in the short term, with recent trading more mixed, so they’re not pulling their full weight even though their longer-term stories still lean positive.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ciena | 1.70% | $66.60M | $61.40B | 686.42% | 70 Outperform | |
| Dell Technologies | 1.68% | $65.84M | $111.83B | 130.91% | 65 Neutral | |
| Hewlett Packard Enterprise | 1.61% | $63.04M | $32.61B | 84.40% | 68 Neutral | |
| Akamai | 1.55% | $60.62M | $16.60B | 61.57% | 73 Outperform | |
| HP | 1.52% | $59.43M | $17.32B | -18.99% | 61 Neutral | |
| Verisign | 1.51% | $59.24M | $25.17B | 17.07% | 62 Neutral | |
| NetApp | 1.51% | $59.18M | $19.91B | 30.92% | 76 Outperform | |
| Lumentum Holdings | 1.51% | $59.02M | $55.14B | 1377.76% | 61 Neutral | |
| Corning | 1.50% | $58.57M | $125.69B | 269.86% | 74 Outperform | |
| Western Digital | 1.48% | $57.84M | $103.12B | 876.09% | 77 Outperform |
RSPT Technical Analysis
Positive
―
Price Trends
46.54
Positive
46.12
Positive
44.40
Positive
Market Momentum
-0.21
Negative
53.09
Neutral
79.35
Neutral
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 45.95, equal to the 50-day MA of 46.54, and equal to the 200-day MA of 44.40, indicating a bullish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 53.09 is Neutral, neither overbought nor oversold. The STOCH value of 79.35 is Neutral, 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
46.58
13.53
40.94%
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
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―
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SKYY
First Trust Cloud Computing ETF
―
―
―
XSD
SPDR S&P Semiconductor ETF
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―
―
XNTK
Spdr Nyse Technology Etf
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―
―
FXL
First Trust Technology AlphaDEX Fund
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―
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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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