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Invesco S&P 500 Equal Weight Technology ETF

RYT tracks an equal-weighted index of S&P 500 technology companies.

RSPT tracks an equal-weighted index of S&P 500 technology companies.

Invesco S&P 500 Equal Weight ETF

Big Tech's market dominance may push more investors to equal-weight ETFs, according to VettaFi's Todd Rosenbluth.

These ETFs could help investors reduce Big Tech exposure

In the first half of 2023, the cap-weighted version of the S&P 500 Information Technology Index beat the S&P 500 by 26% — one of the widest margins on record for a six-month stretch. As advisors and investors know, that outperformance was driven in large part by a small cohort of mega-cap stocks.

RSPT: Right Idea for More Balanced Approach to Tech

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Invesco S&P 500 Equal Weight Financials ETF

Invesco S&P 500 Equal Weight Health Care ETF

Invesco S&P 500 Equal Weight Real Estate ETF

Reports made much of a small number of stocks accounting for massive portions of broader market returns early this year. In other words, concentration risk is again on market participants' radars.

Opportunities Abound With Equal-Weight Sector ETFs

Invesco S&P 500 Equal Weight Communication Services ETF

Invesco S&P 500 Equal Weight Industrials ETF

Invesco S&P 500 Equal Weight Consumer Staples ETF

Invesco S&P 500 Equal Weight Materials ETF

Invesco S&P 500 Equal Weight Energy ETF

Invesco S&P 500 Equal Weight Utilities ETF

Invesco has changed the tickers for its suite of equal-weight sector ETFs. Invesco united its lineup of 11 equal-weight sector ETFs with new tickers that connect back to the $33.6 billion Invesco S&P 500® Equal Weight ETF (RSP), effective June 6.

Invesco Changes Tickers for Equal-Weight Sector ETFs

I recommend RYT a Buy due to its differentiated equal-weighted approach and diversified portfolio structure. RYT is well-positioned to benefit from the projected growth in the technology sector, particularly in the automotive and semiconductor industries. Despite potential risks from industry-specific focus and global semiconductor shortage, RYT can serve as a beneficial counterbalance to a portfolio dominated by market-cap-weighted funds.

RYT: An Ideal Time For Equal-Weighted Tech Exposure, And This ETF Delivers

Many investors are looking to an equal weight strategy to get more balanced exposure to the technology sector. The Invesco S&P 500 Equal Weight Technology ETF (RYT) has had strong inflows as some cap-weight funds covering the same sector have seen net outflows.

Investors Look to Equal Weight Technology RYT as Sector Rallies

The Invesco S&P 500 Equal Weight Technology ETF (RYT) was launched on 11/01/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RYT)?

Global X Robotics & Artificial Intelligence ETF

Roundhill Generative AI & Technology ETF

Fidelity MSCI Information Technology Index ETF

iShares North American Tech-Software ETF

iShares Robotics & Artificial Intelligence Multisector ETF

iShares U.S. Technology ETF

Invesco QQQ

Invesco Nasdaq 100 ETF

First Trust Nasdaq Artificial Intelligence & Robotics ETF

VanEck Vectors Semiconductor ETF

iShares PHLX Semiconductor ETF

Hello! This week's ETF Wrap takes a look at tech-fund demand and performance while highlighting several AI-themed ETFs that have attracted inflows this year.

Tech-related ETFs post huge 2023 gains with boost from AI hype, but some big ones still are left with outflows

The sectors that have the highest concentration in the largest five companies can benefit most from an equal-weight strategy. An equal-weight strategy can reduce concentration risk in portfolios.

Which Sectors Can Benefit Most From an Equal-Weight Strategy?

Two of Invesco's equal-weight sector ETFs have seen significant flows recently as advisors allocate to sectors positioned to outperform. Many advisors utilize sector rotation strategies as a way to generate alpha for clients.

Advisors Are Rotating Into These 2 Equal Weight Sector ETFs

Invesco's equal-weight tech ETF is seeing a notable jump in interest following first quarter earnings. The Invesco S&P 500 Equal Weight Technology ETF (RYT) saw over $319 million in net flows on May 10, following better-than-expected first quarter earnings reports from companies in the information technology sector.

Investors Look to Invesco's Equal-Weight Tech ETF After Strong Earnings

Is Invesco S&P 500 Equal Weight Technology ETF (RYT) a Strong ETF Right Now?

An equal-weight ETF is particularly impactful in the sectors with the highest concentration risk. An equal-weight strategy can reduce concentration risk by weighting each constituent company equally so that a small group of companies does not have an outsized impact on the index.

Avoid Concentration Risk in These 3 Sectors

The technology and real estate sectors are leading the rally on Wednesday. Technology and real estate each rose 1.7% in midday trading, as the S&P 500 is on track to climb over 1% during the day.

RYT and EWRE Offer Exposure to Rallying Tech, Real Estate Sectors

As markets remain volatile in 2023, investors may be surprised to learn the three sectors posting positive returns year to date. The only three sectors generating positive performance year to date as of March 23 include communication services (+18.1%), information technology (17.2%), and consumer discretionary (+10.0%).

EWCO, RYT, and RCD Are Worth a Look

The tech sector is leading as markets rally on Thursday amid a volatile week. This week has been particularly turbulent, as the S&P 500 rallied 1.6% by mid-day Thursday, after recovering from an early decline.

Tech Sector Leads Market Rally on Thursday

Invesco ESG S&P 500 R Equal Weight ETF

Following the close of U.S. markets Thursday, March 17, index giants S&P and MSCI commence the latest alterations to the global industry classification standard (GICS), meaning a slew of companies are moving from one sector to another and, in some cases, getting new industry classifications in the process.

GICS Changes Could Highlight Equal Weight Opportunity

Markets retreated in February, as the S&P 500 clawed back some of its January gains. In February, three Invesco equal weight sector ETFs saw notable inflows.

Investors Are Allocating to These 3 Invesco Equal Weight Sector ETFs

iShares Core S&P 500 ETF

SPDR S&P 500 ETF Trust

Vanguard Financials ETF

Vanguard Information Technology ETF

Vanguard S&P 500 ETF

Financial Select Sector SPDR Fund

Technology Select Sector SPDR Fund

Consumer Staples Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

In March, what's inside $200 billion of sector ETFs will be undergoing significant changes, but many advisors and end clients likely will not be aware of the shifts.

Preparing for the Sector ETFs Shakeup of 2023

All technology industries are overvalued relative to 11-year averages. Semiconductors still look quite attractive, thanks to a good quality score.

RYT: Technology Dashboard For February

While the expectation is that the tech sector will eventually rebound from a 2022 to forget, it can still be subject to heavy volatility as it implements cost-cutting via layoffs. That's especially the case since big tech names occupy a sizeable portion of the S&P 500, which warrants an equal-weight strategy.

Keep Your Mind at Ease Amid Tech Layoffs With This Equal-Weight ETF

Seagate Technology Holdings PLC (STX) was the top gainer in the S&P 500 on Thursday, up over 11%. The maker of computer memory reported its fiscal second quarter 2023 earnings after market close on Wednesday, beating analyst projections.

Look to Equal-Weight RYT for Seagate Exposure

Big tech earnings are in the spotlight this week and next as investors anticipate fourth-quarter results.

Ahead of Big Tech Earnings, Equal Weight Sector ETFs Better Positioned

Vanguard Real Estate ETF

If picking individual stocks scares you, here are three excellent alternatives.

3 Top-Notch ETFs to Build Wealth Over Time

The technology and real estate sectors are rallying on Thursday, each posting 1% gains in midday trading. Investors looking to overweight the tech and real estate sectors may want to consider an equal weight approach to take a more balanced approach to the sectors.

News for Invesco S&P 500 Equal Weight Technology ETF ETF (RYT)