RSPT

Invesco S&P 500 Equal Weight Technology ETF

$44.51
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) seeks to track the investment results of an index that measures the performance of the technology sector of the S&P 500 Index, with each constituent company weighted equally.

Overview

ETF tracking Invesco S&P 500 Equal Weight Technology ETF

Category Large Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $4.3B
Average Volume N/A
Dividend Yield 0.39%
52-Week Range $29.52 - $46.71
VWAP $44.61

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) seeks to track the investment results of an index that measures the performance of the technology sector of the S&P 500 Index, with each constituent company weighted equally.

🎯 Investment Strategy

The ETF employs a replication strategy, seeking to hold all the securities in the underlying index in approximately the same proportions as the index. This equal-weight approach aims to provide exposure to the technology sector with reduced concentration risk compared to market-cap weighted funds.

✨ Key Features

  • Equal-weight exposure to the S&P 500 technology sector
  • Diversified portfolio of large-cap technology companies
  • Low expense ratio of 0.00%
  • Tracks the S&P 500 Equal Weight Technology Index

⚠️ Primary Risks

  • Concentration risk in the technology sector
  • Potential for higher volatility compared to broad market indexes
  • Susceptibility to changes in technology industry trends and regulations
  • Lack of long-term performance history

👤 Best For

RSPT may be suitable for investors seeking equal-weight exposure to the technology sector as part of a diversified portfolio. It could be of interest to those with a higher risk tolerance who believe in the long-term growth potential of the technology industry. However, given the lack of performance history, this ETF may be more appropriate for experienced investors who can tolerate the additional volatility.