RSPT - ETF AI Analysis

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

Rating:71Outperform

Price Target:―

The overall rating of the Invesco S&P 500 Equal Weight Technology ETF (RSPT) reflects a strong foundation built on holdings like Adobe, which benefits from robust profitability and strategic focus on AI innovations, and Micron, which is well-positioned in AI and HBM markets despite supply constraints. However, weaker contributors like SanDisk, which faces operational and profitability challenges, may have slightly held back the fund’s score. A key risk factor is the ETF'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)

AUM4.09B

RegionNorth America

Expense Ratio0.40%

Beta1.39

IssuerInvesco

Inception DateNov 01, 2006

Dividend Yield0.38%

Asset ClassEquity

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

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume285,381

30 Day Avg. Volume413,610

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

54.46

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 tech innovation, with semiconductor names like Micron and Lam Research showing steady gains thanks to their focus on AI and advanced technologies. Western Digital and Seagate are rising stars, benefiting from robust demand and strategic advancements, while Intel and AMD are delivering mixed results, held back by valuation concerns and profitability challenges. The fund’s heavy concentration in U.S. technology stocks, particularly semiconductors, makes it a bet on the backbone of the digital economy, though risks like trade restrictions and supply constraints loom.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
SNDK	SanDisk Corp	2.09%	$84.53M	$49.03B	―	55 Neutral
MU	Micron	1.81%	$73.15M	$388.40B	229.19%	79 Outperform
LRCX	Lam Research	1.74%	$70.31M	$252.41B	169.20%	77 Outperform
ON	ON Semiconductor	1.61%	$65.02M	$24.50B	12.88%	73 Outperform
MCHP	Microchip	1.58%	$63.71M	$39.74B	33.23%	54 Neutral
SNPS	Synopsys	1.57%	$63.62M	$98.43B	4.46%	73 Outperform
KLAC	KLA	1.56%	$63.09M	$174.04B	93.92%	77 Outperform
IT	Gartner	1.56%	$62.90M	$17.79B	-49.53%	67 Neutral
ADI	Analog Devices	1.55%	$62.58M	$146.48B	40.87%	78 Outperform
TDY	Teledyne Technologies	1.55%	$62.57M	$25.77B	20.27%	71 Outperform

RSPT Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

45.54

Positive

100DMA

44.56

Positive

200DMA

41.15

Positive

Market Momentum

MACD

0.33

Negative

RSI

53.46

Neutral

STOCH

73.17

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 46.22, equal to the 50-day MA of 45.54, and equal to the 200-day MA of 41.15, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 53.46 is Neutral, neither overbought nor oversold. The STOCH value of 73.17 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
RSPT	―	―	$4.09B	0.40%	―
QTEC	―	―	$3.03B	0.55%	―
SKYY	―	―	$2.99B	0.60%	―
XSD	―	―	$1.74B	0.35%	―
XNTK	―	―	$1.57B	0.35%	―
FXL	―	―	$1.47B	0.62%	―

Performance Comparison

RSPT

Invesco S&P 500 Equal Weight Technology ETF

46.43

9.48

25.66%

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

―

SKYY

First Trust Cloud Computing ETF

―

XSD

SPDR S&P Semiconductor ETF

―

XNTK

Spdr Nyse Technology Etf

―

FXL

First Trust Technology AlphaDEX Fund

―

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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