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RSPT ETF: A Complete Guide — Returns, Expense Ratio, Holdings & Alternative ETFs

Updated July 1, 2026 · First published April 30, 2026

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an equal-weighted ETF that holds information technology sector stocks to reduce concentration in mega-cap names and offer diversified exposure. It is worth examining for its exposure to semiconductor and hardware names along with its quarterly dividend pattern.

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What Is the Invesco S&P 500 Equal Weight Technology ETF?

It is an ETF that tracks an index reconstituting the S&P 500 Information Technology sector holdings at equal weights rather than by market capitalization. It provides balanced exposure across multiple companies within the sector without the concentration risk associated with mega-cap tech names.

It is well suited for investors who want exposure to the technology sector while reducing the concentration risk that comes from a few large-cap names.

The ETF is passively managed (index-tracking) by Invesco.

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How to Invest in the Invesco S&P 500 Equal Weight Technology ETF

ItemDetails
Tracking IndexS&P 500 Equal Weight Information Technology Index
Management StylePassive (Index Tracking)
Rebalancing FrequencyQuarterly
Dividend FrequencyQuarterly
Total Expense Ratio0.40%

By including S&P 500 Information Technology sector constituents at equal weights, it suppresses the concentration in any single mega-cap name that is typical of market-cap-weighted approaches. The weights of index components are reset to equal levels every quarter.

  • Reduced mega-cap concentration versus market-cap weighting
  • Tilted toward semiconductor and hardware-related names
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Size and Cost of the Invesco S&P 500 Equal Weight Technology ETF (AUM and Expense Ratio)

Assets under management (AUM) stand at $6.0B, and the total expense ratio is 0.40% per year.

Due to the equal-weighting methodology, the portfolio carries a relatively higher weight in semiconductor and hardware companies compared with market-cap-weighted technology ETFs such as XLK and VGT.

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Performance and Flows of the Invesco S&P 500 Equal Weight Technology ETF

1-Year Price Performance
Dividend & Yield
Dividend Yield 0.24%
Annual Dividend (TTM) $0.15
1Y Return +41.9%
Next Ex-Dividend Date 9/21/2026
52-Week Price Range
$65
Low $41 High $69
vs. low +57.2% vs. high -6.18%

Performance has shown high volatility depending on the broader technology sector environment and the semiconductor cycle. Because of its equal-weight structure, the fund also reflects moves in mid- and small-cap technology names, so its flow pattern can differ from that of market-cap-weighted technology ETFs.

Fund flows tend to track demand for diversified technology exposure and sentiment on the semiconductor cycle, and the ETF has drawn attention from investors seeking to reduce large-cap concentration.

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Strengths and Weaknesses of the Invesco S&P 500 Equal Weight Technology ETF

The diversification benefit of reduced mega-cap concentration is a key strength, while the trading costs from equal-weight rebalancing and sensitivity to the semiconductor cycle are commonly cited drawbacks.

💪 Key Strengths

Reduced Concentration
Exposure is spread across multiple names within the sector rather than concentrated in a handful of mega-cap tech stocks.
Diversification
A larger weight in mid- and small-cap technology names provides more diversification compared with market-cap-weighted ETFs.
Sector Exposure
Broadly reflects the performance of the information technology sector as a whole.

⚠️ Points to Watch

Rebalancing Costs
The quarterly rebalancing process leads to relatively higher portfolio turnover.
Semiconductor Sensitivity
A high weight in semiconductor and hardware names makes the fund highly sensitive to the industry cycle.
Volatility
Under the equal-weight structure, volatility from mid- and small-cap technology names feeds directly into performance.
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Alternative ETFs and Related Products for the Invesco S&P 500 Equal Weight Technology ETF

The table includes VGT, XLK, and FTEC, all of which are large-cap technology sector ETFs that use market-cap weighting and therefore carry heavy exposure to a handful of mega-cap tech names, unlike RSPT. SOXX and IYW are also included in the table, and some of these products feature particularly high semiconductor weights and are worth comparing side by side. As an additional reference, RSP (the equal-weighted S&P 500 across the entire market) applies the same equal-weighting approach to a different universe and can help frame the characteristics of the equal-weighting strategy itself.

Peer Comparison ETFs
TickerNamePriceChangeAUMTotal Expense RatioDividend Yield1Y
VGTVGTVanguard Information Technology ETF$120.97+1.5%$147.5B0.09%0.39%+25.0%
XLKXLKState Street Technology Select Sector SPDR ETF$186.32+1.7%$121.0B0.08%0.45%+26.9%
SOXXSOXXiShares Semiconductor ETF$492.25+2.9%$45.1B0.33%0.25%+66.4%
IYWIYWiShares U.S. Technology ETF$252.88+1.2%$24.3B0.37%0.1%+24.5%
FTECFTECFidelity MSCI Information Technology Index ETF$288.61+1.5%$21.1B0.08%0.38%+25.1%
Top Holdings
TickerNameWeightPriceChangeMarket CapP/EDividend Yield
INTCIntel Corp0.02%$90.52+4.1%$478.5B-0.05%
STXSeagate Technology Holdings Plc0.02%$644.21+2.2%$146.5B46.40.47%
AMDAdvanced Micro Devices Inc0.02%$531.28+2.8%$867.3B136.3-
ONON Semiconductor Corp0.02%$74.06+2.5%$28.8B47.7-
SNDKSandisk Corp0.02%$1255.77+1.4%$181.5B17.2-
WDCWestern Digital Corp0.02%$356.13+3.6%$133.3B13.80.18%
ZBRAZBRAZebra Technologies Corp0.02%$384.15-0.6%$18.2B35.1-
CIENCIENA Corp0.02%$335.93+4.9%$47.6B75.0-
MPWRMonolithic Power System Inc0.02%$1167.27+2.4%$57.4B71.50.64%
NXPINXP Semiconductors NV0.02%$245.88+4.7%$62.0B21.01.81%
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Investor Checklist for the Invesco S&P 500 Equal Weight Technology ETF

These are the key points to review before investing in RSPT. Investors should weigh the diversification benefit of the equal-weighting approach together with semiconductor cycle sensitivity, and keep in mind that the performance pattern can differ from that of market-cap-weighted technology ETFs.

CheckpointWhat to ConfirmCurrent Status
💵 Expense RatioCheck cumulative cost impact for long-term holdingAnnual fee applied
⚖️ Equal-Weight StructureUnderstand weighting differences versus market-cap-weighted peersQuarterly rebalancing maintained
🔧 Semiconductor WeightCheck volatility tied to the industry cycleRelatively high weight
💱 DiversificationConfirm reduction of large-cap concentrationBalanced exposure within the sector

Volatility tied to the semiconductor and hardware cycle and the costs of equal-weight rebalancing are the main risk factors. During broad-based pullbacks in the technology sector, even an equal-weight structure cannot avoid drawdowns.

If you want exposure to the technology sector while avoiding concentration in a few mega-cap names, RSPT is a candidate worth considering, while XLK and VGT are alternatives for those who prefer a market-cap-weighted approach.

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Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.

This article reflects information as of July 1, 2026.

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