RSPT
Invesco S&P 500 Equal Weight Technology ETF
Invesco S&P Equal Weight Technology ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate the S&P Equal Weight Technology Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
3.5 B
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Security Investors LLC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 01, 2006 |
| Assets (mns) | $3,475 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PALANTIR TECHNOLOGIES INC. CLASS A | 2.6 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 1.8 % |
| SALESFORCE.COM INC | 1.8 % |
| FORTINET INC | 1.8 % |
| TRIMBLE NAVIGATION LTD | 1.8 % |
| INTEL CORP | 1.8 % |
| HEWLETT PACKARD ENTERPRISE CO. | 1.7 % |
| JABIL CIRCUIT INC | 1.7 % |
| FAIR ISAAC CORP | 1.7 % |
| GODADDY, INC. CLASS A | 1.7 % |
Constituent Breakdown
| Number of holdings | 69 |
| Herfindahl-Hirschman Index | 150 |
| Wgt avg mkt cap (mns) | $192,553 |
| Large cap (>$10bn) | 99.0% |
| Mid cap ($2-10bn) | 1.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 94.4 % |
 |
IRELAND | 4.2 % |
 |
NETHERLANDS | 1.3 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 11.9% | 37.2% | 22.8% | 6.8% | 15.8% | 16.5% | 12.6% | Volatility | 19.8% | 19.3% | 20.9% | 24.4% | 27.0% | 23.0% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 88% |
| MSCI EAFE | 1.03 | 62% |
| MSCI Emg Mkts | 0.84 | 41% |
Liquidity Measures
| Avg. volume (000) | 326 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.04% |
| ADV of underlying (mns) | $100,356 |
Technical Indicators
| Recent close | $37.61 |
| 30d moving avg. | $37.64 |
| Annualized volatility | 23.0% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 0.5% |
| Short interest (underlying) | 2.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RSPT |
Expenses vs. RSPT |
ALTAR Score™ vs. RSPT |
|---|---|---|---|---|
| XLK | Technology Select Sector SPDR Fund | 48.4% | -31 bp | -0.6% |
| SPHB | Invesco S&P 500 High Beta ETF | 46.9% | -15 bp | -2.2% |
| IGM | iShares Expanded Tech Sector ETF | 41.2% | +1 bp | -1.3% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 40.6% | +17 bp | +0.2% |
| FXL | First Trust Technology AlphaDEX Fund | 39.8% | +21 bp | -0.6% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 39.1% | -32 bp | -1.1% |
| VGT | Vanguard Information Technology ETF | 38.7% | -30 bp | -1.3% |
| IXN | iShares Global Tech ETF | 37.1% | +1 bp | -1.2% |
| IYW | iShares U.S. Technology ETF | 36.2% | 0 bp | -1.3% |
| USRD | Themes US R&D Champions ETF | 34.2% | -11 bp | +1.3% |
Risk and Returns: RSPT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
RSPT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
RSPT
5.7%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. RSPT's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places RSPT in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RSPTSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| RSPT (40 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RSPT | 40.0 | 3.6 | 43.6 |
| Peer Avg. | 35.7 | 15.0 | 50.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .