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RSPT - ETF AI Analysis
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Invesco S&P 500 Equal Weight Technology ETF (RSPT)
Rating:70Neutral
Price Target:―
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)
AUM4.08B
RegionNorth America
Expense Ratio0.40%
Beta1.40
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. Volume214,377
30 Day Avg. Volume410,317
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
53.34Price 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 AI-driven growth, with names like Micron and Western Digital leading the charge thanks to strong earnings and strategic positioning in advanced technologies. Lam Research and Seagate Technology are also steady contributors, benefiting from bullish sentiment and robust financials. However, Intel and AMD are holding the fund back slightly, as valuation concerns and mixed technical signals weigh on their performance. With nearly all holdings rooted in U.S. technology, this ETF is a concentrated bet on innovation, offering exposure to both rising stars and a few laggards.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Western Digital | 2.46% | $101.90M | $57.97B | 160.30% | 77 Outperform | |
| Micron | 2.42% | $100.24M | $284.06B | 158.40% | 77 Outperform | |
| Teradyne | 2.23% | $92.14M | $31.32B | 69.72% | 71 Outperform | |
| Applied Materials | 2.16% | $89.60M | $212.82B | 60.78% | 77 Outperform | |
| Intel | 2.12% | $87.61M | $193.19B | 102.68% | 64 Neutral | |
| Lam Research | 2.01% | $83.40M | $208.26B | 115.08% | 77 Outperform | |
| Seagate Tech | 1.99% | $82.40M | $60.41B | 203.81% | 68 Neutral | |
| Advanced Micro Devices | 1.78% | $73.86M | $360.81B | 70.13% | 74 Outperform | |
| Epam Systems | 1.78% | $73.59M | $11.49B | -16.32% | 70 Neutral | |
| KLA | 1.71% | $70.69M | $161.04B | 90.94% | 77 Outperform |
RSPT Technical Analysis
Positive
―
Price Trends
45.18
Positive
43.67
Positive
40.18
Positive
Market Momentum
0.52
Negative
67.11
Neutral
93.64
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 44.76, equal to the 50-day MA of 45.18, and equal to the 200-day MA of 40.18, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 67.11 is Neutral, neither overbought nor oversold. The STOCH value of 93.64 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
47.35
8.62
22.26%
SKYY
First Trust Cloud Computing ETF
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QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
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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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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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