2024-05-20 20:50:28 ET
Summary
- Invesco S&P 500 Equal Weight Technology ETF owns a portfolio of US large-cap technology stocks and has consistently outperformed the broader market.
- RSPT's portfolio is expected to benefit from important technological trends, but investors should be prepared for higher volatility.
- RSPT's equal-weight strategy has resulted in a slightly lower growth portfolio and higher expense ratio compared to other technology ETFs.
ETF Overview
Invesco S&P 500 Equal Weight Technology ETF ( RSPT ) owns a portfolio of U.S. large-cap technology stocks that are also included in the S&P 500 index. The fund currently has 68 stocks in its portfolio and implemented an equal-weight strategy that rebalances its portfolio quarterly to ensure all stocks have the same allocation. The fund’s focus on technology stocks has allowed it to consistently outperform the broader market in the past. Looking forward, RSPT’s portfolio should continue to outperform as it will benefit from several important technological tailwinds. However, its equal-weight approach has resulted in a slightly lower growth portfolio than other technology ETFs. In addition, it also has higher expense ratio. Therefore, we think investors who want to focus on the technology sector should consider other funds instead....
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For further details see:
RSPT: Not The Best Strategy To Own Tech Stocks