Key stats
About Invesco S&P 500 Equal Weight Technology ETF
Expense ratio
0.40%
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Inception date
Nov 1, 2006
RSPT provides broad coverage of large technology companies but its equal-weighting scheme skews it away from having a market-like portfolio. A pure market-cap benchmark would invest heavily in its top securities, which are the mega-caps in the tech industry. Instead, RSPT allocates only a fraction of its overall assets to its top ten holdings. This produces sector tilts such as an overweight to semiconductors and an underweight to software & IT services. The index is rebalanced on a quarterly basis. Prior to June 07, 2023, the fund traded under the ticker, RYT.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.