Invesco S&P 500 Equal Weight Technology ETF (RSPT)

The U.S. stock market is in a precarious position due to elevated valuations and sweeping tariffs that threaten to slow economic growth. But many investors are overlooking another serious problem: concentration risk.

Designed to provide broad exposure to the Technology - Broad segment of the equity market, the Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a passively managed exchange traded fund launched on November 1, 2006.

The article highlights the divide between affluent and paycheck-to-paycheck American consumers, emphasizing that affluent spending drives economic resilience. AI-related stocks are powering market gains, while non-AI tech and value stocks lag, masking underlying disparities in market performance. Over 40% of my dividend growth portfolio is in a single sector, justified by fading headwinds from interest rates and new supply, and improving sector fundamentals.

Despite a string of uninspiring jobs reports and persistent inflation, equities continue delivering the goods. On Monday, the first trading day after what was widely considered a dud of an August jobs report, the Nasdaq Composite Index notched another all-time high.

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) made its debut on 11/01/2006, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.

RSPT solves concentration risk in tech ETFs with equal weighting, but this over-diversification reduces exposure to resilient mega caps. The ETF's reliance on GICS classification and equal weighting leads to structural deficiencies, notably underweighting the Magnificent Seven. Performance lags behind VGT and QQQ, with RSPT offering neither superior defensiveness nor upside in most market regimes.

The tech sector has trounced the broader market in the second quarter. So, it's not surprising some market participants are growing concerned about concentration risks.

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

Making its debut on 11/01/2006, smart beta exchange traded fund Invesco S&P 500 Equal Weight Technology ETF (RSPT) provides investors broad exposure to the Technology ETFs category of the market.

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

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) offers a more diversified and resilient approach compared to the concentrated, mega-cap-heavy Technology Select Sector SPDR Fund (XLK). DeepSeek's low-cost AI advancements and U.S.-China tariff pressures have negatively impacted big tech, making RSPT's equal-weighted strategy more appealing. RSPT includes smaller, domestically-focused tech firms with less exposure to trade policy shifts and offering cheaper, quality tech exposure.

Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) 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.

Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.

The information technology sector is overvalued by about 30% relative to 11-year averages, with semiconductors and IT services being the most overpriced subsectors. The computer/hardware industry is still compelling, showing a good quality score and moderate overvaluation. Invesco S&P 500® Equal Weight Technology ETF offers diversification without excessive mega-cap exposure, but RSPT has higher fees and lower historical returns than capital-weighted ETFs.

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) 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.