- Sector
- Financial Services
- Industry
- Asset Management
- Address
- MA United States of America
- IPO Date
- Jan 2, 2009
- Business
- Invesco S&P 500 Equal Weight Technology ETF (NYSE Arca: RSPT; formerly RYT) is an exchange-traded fund that seeks to track the performance of the S&P 500 Equal Weight Information Technology Index by investing at least 90% of its total assets in securities comprising the index, which equally weights stocks from the information technology sector of the S&P 500 Index; the fund and index are rebalanced quarterly. Core holdings span software (approximately 30%), semiconductors and semiconductor equipment (28%), electronic equipment, instruments and components (13%), technology hardware, storage and peripherals (12%), and IT services (11%), with top positions including Intel Corp, Western Digital Corp, Lam Research Corp, Micron Technology Inc, and Applied Materials Inc, among roughly 67 equally weighted constituents focused on large-, mid-, and small-cap U.S. technology equities. Managed by Invesco Capital Management LLC with administration by The Bank of New York Mellon Corporation, the ETF features a net expense ratio of 0.40%, assets under management of approximately $2.94 billion, and quarterly distributions.
Launched on November 1, 2006, and domiciled in the United States with primary operations in North America targeting developed markets, the ETF underwent a significant ticker symbol change from RYT to RSPT effective June 7, 2023, as part of Invesco's broader reorganization to align its lineup of 11 equal-weight sector ETFs with the Invesco S&P 500 Equal Weight ETF (RSP). This rebranding followed an earlier fund reorganization on April 6, 2018, incorporating performance from a Guggenheim predecessor fund, though Invesco maintains no affiliation with Guggenheim. No major acquisitions, funding rounds, new product launches, or strategic partnerships have been reported for the ETF in the last 1-2 years, with recent activity centered on ongoing quarterly rebalancing, performance tracking (YTD NAV return of 19.45% as of September 30, 2025), and market-driven flows including a $257.7 million outflow noted in October 2025.