RYTInvesco S&P 500 Equal Weight Technology ETF
RYT Fund Description
RYT tracks an equal-weighted index of S&P 500 technology companies.
RYT Factset Analytics Insight
RYT provides broad coverage of large technology companies but its equal-weighting scheme skews it away from having a market-like portfolio. A pure market-cap benchmark would invest heavily in its top securities, which are the mega-caps in the tech industry. Instead, RYT allocates only a fraction of its overall assets to its top ten holdings. This produces sector tilts such as an overweight to semiconductors and an underweight to software & IT services. The index is rebalanced on a quarterly basis.
RYT MSCI ESG Analytics Insight
Invesco S&P 500 Equal Weight Technology ETF has an MSCI ESG Fund Rating of AA based on a score of 8.00 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P 500 Equal Weight Technology ETF ranks in the 86th percentile within its peer group and in the 93th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RYT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
RYT Summary Data
RYT Portfolio Data
RYT Index Data
RYT Portfolio Management
RYT Tax Exposures
RYT Fund Structure
RYT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RYT. RYT is rated a 5 out of 5.
RYT Sector/Industry Breakdown
RYT Top 10 Holdings[View All]
RYT Economic Development
RYT Performance Statistics
RYT MSCI ESG Ratings
RYT Benchmark Comparison Summary
RYT Benchmark Comparison Market Cap Size