At a glance
RSPT charges 0.4% a year, above the 0.33% average of the 8 funds most like it (the 6th cheapest of 9). It has $5.47B in assets, the 5th largest of that group; it paid 0.23% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +42.6% with distributions reinvested (S&P 500: +11.5%), the best of those 9 funds; over three years it returned +36.6% a year. Its ten largest positions make up 16.4% of the fund, out of 74 in all.
The short version
Invesco S&P 500 Equal Weight Technology ETF (RSPT) holds the information technology stocks in the S&P 500 and gives each about the same weight at every quarterly rebalance. As of July 31, 2026, Microsoft made up about 1.6% of the fund, slightly less than Zebra Technologies at 1.85%, so mid-sized tech firms count for far more than in size-weighted tech funds. The trade-off is cost: 0.40% a year, against 0.08% for XLK.
Price history
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RSPT +42.6% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| RSPT official prospectus, to Dec 31, 2025 | — | +22.03% | — | +13.02% | +18.30% | — |
| RSPT price data to Oct 27, 2026 | +45.7% | +42.6% | +36.6% | — | — | +29.4% |
- Over the year to Oct 27, 2026, RSPT returned +42.6%, 1st of 9 among similar funds.
- Its worst full calendar year was 2024 (+15.2%); its best was 2025 (+22.1%).
- The deepest fall in its price history was 26.6% (Feb 19, 2025 to Apr 8, 2025), recovered by Jun 26, 2025.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +45.7% | — |
| 2025 | +22.1% | +22.03% |
| 2024 | +15.2% | +15.25% |
| 2023 | — | +35.15% |
| 2022 | — | -24.51% |
| 2021 | — | +28.45% |
| 2020 | — | +30.22% |
| 2019 | — | +42.08% |
| 2018 | — | -0.59% |
| 2017 | — | +33.02% |
| 2016 | — | +19.00% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Not in the price data, which starts Jun 7, 2023 |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Not in the price data, which starts Jun 7, 2023 |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Not in the price data, which starts Jun 7, 2023 |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.1100 | |
| 2025 | $0.1700 | +6.3% |
| 2024 | $0.1600 |
What's inside
As of Jul 31, 2026, the fund held 74 securities; the ten largest made up 16.36% of assets. It also reported 6.37% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.
| Holding | Weight | |
|---|---|---|
| Zebra Technologies Corp. | 1.85% | |
| Palo Alto Networks, Inc. | 1.72% | |
| Arista Networks, Inc. | 1.62% | |
| CrowdStrike Holdings, Inc. | 1.61% | |
| Datadog, Inc. | 1.61% | |
| Roper Technologies, Inc. | 1.60% | |
| Microsoft Corp. | 1.60% | |
| Workday, Inc. | 1.59% | |
| Fortinet, Inc. | 1.59% | |
| CDW Corp. | 1.56% | |
| Trimble Inc. | 1.53% | |
| Gen Digital Inc. | 1.52% | |
| Intuit Inc. | 1.52% | |
| Western Digital Corp. | 1.52% | |
| NetApp, Inc. | 1.52% |
By country
United States 93.44%Ireland 4.15%Singapore 1.11%Netherlands 1.1%By asset type
Stocks 99.8%By sector
Sectors of the companies held, for the 68.5% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jul 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jul 31, 2026, investors added a net $195.7M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +20.21%, +0.15%, -6.34%.
How it works
RSPT is an index fund. It tracks the S&P 500 Equal Weight Information Technology Index, which S&P Dow Jones Indices builds and maintains. The index includes every S&P 500 company classified as information technology under GICS, a standard system for sorting companies into sectors. That covers software and IT services, computers, communications equipment, electronic instruments, and semiconductors. As of June 30, 2026, the index had 74 stocks, worth between $8.7 billion and $4.8 trillion each.
Most funds weight stocks by market capitalization (company size), so the biggest firms dominate. This index instead resets every stock to the same weight at each quarterly rebalance. Between rebalances, stocks that rise grow into a larger share of the fund. Each rebalance then trims those winners and adds to the laggards. The fund uses full replication, which means it generally owns every stock in the index at its index weight. It must keep at least 80% of its net assets in index stocks or close equivalents. Portfolio turnover was 31%, a measure of how much of the portfolio was traded in a year.
As of July 31, 2026, the 10 largest holdings made up 16.36% of assets, with Zebra Technologies, Palo Alto Networks and Arista Networks at the top. The fund held no derivatives. It reported 6.37% in cash, which is likely collateral from securities lending (lending shares to other investors for a fee) rather than idle money.
What it really costs
- RSPT charges 0.4% a year, versus an average of 0.33% for the similar funds below (6th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $41 in the first year and $505 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| RSPT | $41 | $128 | $224 | $505 |
In a retirement portfolio
It is a single-sector stock fund that moved about 1.65 times as much as the market over the past year, so it suits a small slice alongside a broader core.
RSPT could add exposure to tech-sector growth that relies less on a few giant companies than size-weighted tech funds do. But it swings harder than the market. Its one-year beta, a measure of how much it moves relative to the market, was 1.65 as of October 27, 2026. According to the prospectus, it lost 24.51% in 2022 and dropped 19.06% in the first quarter of 2020. Since June 2023, its deepest fall was 26.6%, from February 19 to April 8, 2025. It recovered by June 26, 2025. Someone who had to sell shares for cash during a stretch like that would sell at low prices.
It pays very little income. The trailing yield was 0.23% as of October 27, 2026, paid quarterly. It costs 0.40% a year, or $505 over 10 years on $10,000 in the SEC's standard example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want S&P 500 tech stocks without a few giants dominating; no holding exceeded 1.85% of assets as of July 31, 2026.
- People adding a small, higher-risk slice to a diversified core who can accept losses like the fund's 24.51% drop in 2022.
- Investors who like rules-based quarterly rebalancing that automatically trims recent winners and adds to laggards within the tech sector.
Look elsewhere if
- Cost-focused investors: RSPT charges 0.40% a year, against 0.08% for XLK and 0.09% for VGT.
- Anyone seeking income: the trailing yield was 0.23% as of October 27, 2026, below the fund's own expense ratio.
- Investors uneasy with sharp swings: the one-year beta was 1.65, and the fund fell 26.6% in early 2025.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| RSPT this fund | — | 0.4% | $5.47B | +42.6% | +36.6% |
| QTEC First Trust NASDAQ-100 Technology Sector In… | 46% | 0.57% | $4.99B | +27.5% | +30.9% |
| XLK Technology Select Sector SPDR Fund | 46% | 0.08% | $123.91B | +20.1% | +4.0% |
| SPHB Invesco S&P 500® High Beta ETF | 44% | 0.25% | $909.8M | +23.7% | +31.8% |
| FXL First Trust Technology AlphaDEX Fund | 43% | 0.6% | $2.57B | +27.7% | +29.5% |
| FTEC Fidelity MSCI Information Technology Index … | 39% | 0.084% | $19.85B | +15.4% | +30.0% |
| VGT Vanguard Information Technology ETF | 39% | 0.09% | $170.66B | +19.7% | +33.3% |
| QQEW First Trust Nasdaq-100 Equal Weighted Index… | 36% | 0.57% | $1.81B | +8.1% | +17.8% |
Questions investors ask
What's the difference between RSPT and XLK?
The main differences are weighting and cost. Both funds hold large US tech stocks, and their holdings overlapped by 46% in their latest N-PORT reports. XLK weights stocks by company size, so the largest firms dominate it. RSPT gives each of its 74 stocks an equal share at every quarterly rebalance. XLK charges 0.08% a year and RSPT charges 0.40%. Over the year to late October 2026, RSPT returned 42.6% and XLK returned 24.8%. That gap can reverse in periods when the giant companies lead.
Does RSPT pay dividends?
Yes, RSPT pays dividends quarterly, but they are small. Over the 12 months to October 27, 2026, it paid $0.15 per share, a yield of 0.23%. Many technology companies reinvest their profits instead of paying large dividends. The yield is also lower than the fund's 0.40% expense ratio, so most of any return has to come from rising share prices, not income.
What is RSPT's expense ratio?
RSPT's expense ratio is 0.40% a year, according to the prospectus filed August 27, 2026. In the SEC's standard example, $10,000 invested with a 5% annual return would cost about $41 in the first year and $505 over 10 years. That ranks sixth of nine among similar tech funds, above the group's average of 0.33%. Size-weighted tech funds such as XLK, at 0.08%, and VGT, at 0.09%, cost much less.
How has RSPT performed over 10 years?
As of December 31, 2025, RSPT returned an average of 18.3% a year over 10 years, 13.02% over five years and 22.03% over one year, according to its prospectus. The ride was uneven. It gained 42.08% in 2019 and lost 24.51% in 2022. Based on price, it returned 42.6% over the year to October 27, 2026. Past returns don't predict future results.
Is RSPT good for retirement?
RSPT is more likely to fit a retirement portfolio as a small add-on than as a core holding. It holds only technology stocks, its one-year beta was 1.65, and it lost 24.51% in 2022. It fell 26.6% between February and April 2025 before recovering by late June. With a 0.23% yield, it provides little income. Someone who may need to sell shares in a downturn would want broader holdings alongside it.