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Invesco S&P 500 Equal Weight Technology ETF

RSPT
$
Today’s Change
()

Snapshot
*

Inception Date
Nov 1, 2006
Expense Ratio
0.4%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$10,222,418
AUM
$2,908,518,613
Associated Index
S&P 500 Equal Weight Information Technology Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

WDC
Western Digital Corp.
1.67%
AKAM
Akamai Technologies Inc
1.65%
TDY
Teledyne Technologies Inc
1.63%
QCOM
Qualcomm, Inc.
1.63%
ROP
Roper Technologies Inc
1.62%
IT
Gartner, Inc.
1.61%
ENPH
Enphase Energy Inc
1.6%
STX
Seagate Technology Holdings Plc
1.6%
GLW
Corning, Inc.
1.6%
IBM
International Business Machines Corp.
1.6%

What is RSPT?

The Invesco S&P 500 Equal Weight Technology ETF (Fund) is based on the S&P 500 Equal Weight Information Technology Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights stocks in the information technology sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

1M
3M
6M
YTD
1Y
3Y
Max

RSPT
Performance Measures**

for the time period Nov 7, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 1.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 10.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -58.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 23.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.65

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.22

The annualized return divided by the max drawdown for the selected time period.

ETFs related toRSPT

ETFs correlated to RSPT include FXL, TDV, TDIV

RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
TDV
ProShares Trust - ProShares S&P Technology Dividend Aristocrats ETF
TDIV
First Trust Exchange-Traded Fund III - First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
FIVG
ETF Series Solutions Trust - Defiance Next Gen Connectivity ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toRSPT

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

Portfolio: Hold my Cash Long-Term

Category

Cash-first, multi-asset, risk-on/off, trend + mean reversion, hedged, volatility, leveraged/inverse ETFs

OOS Cumulative Return

42.24%

Create your own algorithmic trading strategy with RSPT using Composer

FAQ

RSPT is a US Equities ETF. The Invesco S&P 500 Equal Weight Technology ETF (Fund) is based on the S&P 500 Equal Weight Information Technology Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights stocks in the information technology sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.

RSPT tracks the S&P 500 Equal Weight Information Technology Index.

No, RSPT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RSPT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RSPT is -0.0052%. This is the percent change in the value of RSPT over the most recent 1-month period. The 3-month return on RSPT is -0.0034%. This is the percent change in the value of RSPT over the most recent 3-month period.

The standard deviation of RSPT for the past year is 0.2386%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RSPT include XLI, XLY, and XLV.

ETFs correlated to RSPT include FXL, TDV, and TDIV.

ETFs that are inversely correlated to RSPT include HIBS, TECS, and SOXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.