VS

Correlation: 96.5%

What is RSPT?

RSPT was created on 2006-11-01 by Invesco. The fund's investment portfolio concentrates primarily on information technology equity. RSPT tracks an equal-weighted index of S&P 500 technology companies.

What is QTEC?

QTEC was created on 2006-04-19 by First Trust. The fund's investment portfolio concentrates primarily on information technology equity. QTEC tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks.

Key Details

RSPT
QTEC
Website
www.invesco.com
www.ftportfolios.com
Inception Date

Nov 01, 2006

Apr 19, 2006

Asset Class

Equity

Equity

Investment Segment

Information Technology

Information Technology

AUM
$2.67B
$3.08B
Dividend Yield
0.53%
0.03%
Expense Ratio
0.40%
0.57%
Return 1Y
-13.16%
-19.54%

Holdings

Invesco S&P 500 Equal Weight Technology ETF - RSPT is made up of 71 holdings. Traded Fund III First Trust NASDAQ 100 Technology Sector Index Fund - QTEC is made up of 45 holdings.

Name
Weight
A
AVGOBroadcom Inc.

1.96%

J
JBLJabil, Inc.

1.63%

P
PLTRPalantir Technologies, Inc.

1.62%

T
TERTeradyne, Inc.

1.59%

A
ANETArista Networks, Inc.

1.57%

A
AAPLApple, Inc.

1.54%

V
VRSNVeriSign, Inc.

1.52%

C
CSCOCisco Systems, Inc.

1.51%

I
INTCIntel Corp.

1.5%

S
SWKSSkyworks Solutions, Inc.

1.5%

G
GLWCorning, Inc.

1.49%

J
JNPRJuniper Networks, Inc.

1.49%

A
ADIAnalog Devices, Inc.

1.49%

T
TXNTexas Instruments Incorporated

1.48%

K
KLACKLA Corp.

1.48%

T
TDYTeledyne Technologies, Inc.

1.48%

D
DELLDell Technologies, Inc.

1.47%

H
HPEHewlett Packard Enterprise Co.

1.47%

C
CDNSCadence Design Systems, Inc.

1.47%

A
ANSSANSYS, Inc.

1.47%

C
CDWCDW Corp.

1.47%

Q
QCOMQUALCOMM, Inc.

1.46%

N
NVDANVIDIA Corp.

1.46%

F
FFIVF5, Inc.

1.46%

M
MPWRMonolithic Power Systems, Inc.

1.46%

F
FTNTFortinet, Inc.

1.46%

A
ACNAccenture Plc

1.46%

C
CRWDCrowdStrike Holdings, Inc.

1.46%

W
WDAYWorkday, Inc.

1.45%

M
MSIMotorola Solutions, Inc.

1.45%

Name
Weight
R
ROPRoper Technologies, Inc.

2.51%

I
INTUIntuit, Inc.

2.49%

M
MSFTMicrosoft Corp.

2.47%

A
ADSKAutodesk, Inc.

2.46%

C
CRWDCrowdStrike Holdings, Inc.

2.42%

F
FTNTFortinet, Inc.

2.41%

C
CDNSCadence Design Systems, Inc.

2.41%

C
CDWCDW Corp.

2.4%

M
MSTRMicroStrategy, Inc.

2.38%

C
CTSHCognizant Technology Solutions Corp.

2.38%

A
ADBEAdobe, Inc.

2.38%

Z
ZSZscaler, Inc.

2.37%

A
ANSSANSYS, Inc.

2.37%

A
AMATApplied Materials, Inc.

2.36%

D
DASHDoorDash, Inc.

2.36%

M
METAMeta Platforms, Inc.

2.34%

W
WDAYWorkday, Inc.

2.33%

T
TXNTexas Instruments Incorporated

2.32%

A
ASMLASML Holding NV

2.32%

K
KLACKLA Corp.

2.31%

P
PLTRPalantir Technologies, Inc.

2.31%

S
SNPSSynopsys, Inc.

2.29%

D
DDOGDatadog, Inc.

2.27%

A
ADIAnalog Devices, Inc.

2.26%

P
PANWPalo Alto Networks, Inc.

2.26%

G
GFSGLOBALFOUNDRIES, Inc.

2.25%

A
AAPLApple, Inc.

2.25%

N
NVDANVIDIA Corp.

2.24%

Q
QCOMQUALCOMM, Inc.

2.23%

T
TEAMAtlassian Corp.

2.22%

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Stock Correlation

The stocks that are correlated to RSPT - Invesco S&P 500 Equal Weight Technology ETF are MKSI, LRCX, ENTG, KLAC, AEIS

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
M
MKSIMKS Instruments, Inc.
84.09%$4.25B-50.96%1.39%
L
LRCXLam Research Corp.
82.51%$79.84B-35.69%7.37%
E
ENTGEntegris, Inc.
82.39%$10.11B-51.18%0.58%
K
KLACKLA Corp.
81.62%$80.35B-12.48%0.99%
A
AEISAdvanced Energy Industries, Inc.
81.07%$3.09B-17.28%0.48%
R
RMBSRambus, Inc.
80.12%$4.81B-25.72%0.00%
A
AMATApplied Materials, Inc.
80.04%$107.93B-36.45%1.16%
Q
QCOMQUALCOMM, Inc.
79.80%$143.47B-25.29%2.57%
A
ADIAnalog Devices, Inc.
79.02%$84.98B-12.89%2.14%
A
APHAmphenol Corp.
77.87%$73.80B+4.44%0.97%
K
KLICKulicke & Soffa Industries, Inc.
77.77%$1.56B-39.91%2.75%
N
NXPINXP Semiconductors NV
77.15%$41.41B-33.33%2.47%
I
ITTITT, Inc.
76.92%$9.26B-14.41%1.12%
T
TELTE Connectivity Plc
76.50%$36.85B-14.70%2.06%
A
ASXASE Technology Holding Co., Ltd.
76.30%$16.48B-30.62%4.04%
E
ETNEaton Corp. Plc
76.13%$98.90B-22.52%1.50%
M
MPWRMonolithic Power Systems, Inc.
76.06%$23.39B-28.28%1.07%
S
SNPSSynopsys, Inc.
75.95%$58.89B-33.91%0.00%
M
MUMicron Technology, Inc.
75.51%$76.41B-44.39%0.66%
L
LFUSLittelfuse, Inc.
75.38%$3.96B-32.03%1.72%

The stocks that are correlated to QTEC - Traded Fund III First Trust NASDAQ 100 Technology Sector Index Fund are LRCX, KLAC, MKSI, AMAT, ENTG

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
L
LRCXLam Research Corp.
84.30%$79.84B-35.69%7.37%
K
KLACKLA Corp.
83.15%$80.35B-12.48%0.99%
M
MKSIMKS Instruments, Inc.
82.91%$4.25B-50.96%1.39%
A
AMATApplied Materials, Inc.
81.68%$107.93B-36.45%1.16%
E
ENTGEntegris, Inc.
81.06%$10.11B-51.18%0.58%
Q
QCOMQUALCOMM, Inc.
80.12%$143.47B-25.29%2.57%
S
SNPSSynopsys, Inc.
80.06%$58.89B-33.91%0.00%
R
RMBSRambus, Inc.
79.85%$4.81B-25.72%0.00%
A
AEISAdvanced Energy Industries, Inc.
77.49%$3.09B-17.28%0.48%
V
VECOVeeco Instruments, Inc.
76.32%$1.04B-49.65%0.00%
A
ANSSANSYS, Inc.
76.22%$24.91B-17.41%0.00%
C
CDNSCadence Design Systems, Inc.
76.21%$64.14B-24.84%0.00%
N
NXPINXP Semiconductors NV
75.95%$41.41B-33.33%2.47%
M
MTSIMACOM Technology Solutions Holdings, Inc.
75.65%$6.68B-11.42%0.00%
A
ASXASE Technology Holding Co., Ltd.
75.52%$16.48B-30.62%4.04%
K
KLICKulicke & Soffa Industries, Inc.
75.16%$1.56B-39.91%2.75%
M
MPWRMonolithic Power Systems, Inc.
75.15%$23.39B-28.28%1.07%
A
APHAmphenol Corp.
75.12%$73.80B+4.44%0.97%
M
MUMicron Technology, Inc.
75.11%$76.41B-44.39%0.66%
A
ADIAnalog Devices, Inc.
75.02%$84.98B-12.89%2.14%

ETF Correlation

The ETFs that are correlated to RSPT - Invesco S&P 500 Equal Weight Technology ETF are QTEC, SPHB, FXL, TDIV, QQQE

Name
Correlation
AUM
Expense Ratio
Q
QTECTraded Fund III First Trust NASDAQ 100 Technology Sector Index Fund
96.54%$3.08B0.57%
S
SPHBInvesco S&P 500 High Beta ETF
96.18%$292.02M0.25%
F
FXLTraded Fund III First Trust Technology AlphaDEX Fund
95.85%$1.04B0.62%
T
TDIVTraded Fund III First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund
95.54%$2.38B0.5%
Q
QQQEDirexion NASDAQ 100 Equal Weighted Index Shares
95.01%$1.12B0.35%
Q
QQEWTraded Fund III First Trust NASDAQ 100 Equal Weighted Index Fund
94.85%$1.61B0.57%
F
FVTraded Fund III First Trust Dorsey Wright Focus 5 ETF
94.27%$3.13B0.9%
F
FTECFidelity MSCI Information Technology Index ETF
94.20%$10.05B0.084%
V
VGTVanguard Information Technology ETF
94.00%$66.92B0.09%
X
XLKTechnology Select Sector SPDR ETF
93.92%$56.50B0.09%
U
USXFiShares ESG Advanced MSCI USA ETF
93.72%$1.12B0.1%
I
IGMiShares Expanded Tech Sector ETF
93.67%$4.64B0.41%
W
WTAIWisdomTree Artificial Intelligence and Innovation Fund
93.59%$148.19M0.45%
S
SIXGDefiance Connective Technologies ETF
93.54%$464.66M0.3%
R
RPGInvesco S&P 500 Pure Growth ETF
93.47%$1.25B0.35%
S
SECTMain Sector Rotation ETF
93.39%$1.65B0.78%
X
XSDSPDR Semiconductors ETF
93.10%$873.56M0.35%
F
FTXLTraded Fund III First Trust Nasdaq Semiconductor ETF
93.05%$188.62M0.6%
A
AIQGlobal X Artificial Intelligence & Technology ETF
92.97%$2.57B0.68%
S
SOXXiShares Semiconductor ETF
92.87%$9.20B0.35%

The ETFs that are correlated to QTEC - Traded Fund III First Trust NASDAQ 100 Technology Sector Index Fund are RSPT, WTAI, IGM, IGPT, AIQ

Name
Correlation
AUM
Expense Ratio
R
RSPTInvesco S&P 500 Equal Weight Technology ETF
96.54%$2.67B0.4%
W
WTAIWisdomTree Artificial Intelligence and Innovation Fund
95.65%$148.19M0.45%
I
IGMiShares Expanded Tech Sector ETF
95.56%$4.64B0.41%
I
IGPTInvesco AI and Next Gen Software ETF
95.40%$340.27M0.58%
A
AIQGlobal X Artificial Intelligence & Technology ETF
95.24%$2.57B0.68%
F
FTECFidelity MSCI Information Technology Index ETF
94.90%$10.05B0.084%
F
FXLTraded Fund III First Trust Technology AlphaDEX Fund
94.81%$1.04B0.62%
Q
QQQInvesco QQQ Trust Series 1
94.70%$268.68B0.2%
Q
QQEWTraded Fund III First Trust NASDAQ 100 Equal Weighted Index Fund
94.68%$1.61B0.57%
V
VGTVanguard Information Technology ETF
94.67%$66.92B0.09%
Q
QQQMTraded Fund Trust II Invesco NASDAQ 100 ETF
94.66%$36.09B0.15%
F
FVTraded Fund III First Trust Dorsey Wright Focus 5 ETF
94.63%$3.13B0.9%
Q
QQQEDirexion NASDAQ 100 Equal Weighted Index Shares
94.61%$1.12B0.35%
I
IYWiShares U.S. Technology ETF
94.51%$15.55B0.39%
X
XLKTechnology Select Sector SPDR ETF
94.48%$56.50B0.09%
T
TECBiShares U.S. Tech Breakthrough Multisector ETF
94.08%$342.12M0.3%
I
IXNiShares Global Tech ETF
93.68%$3.93B0.41%
S
SPHBInvesco S&P 500 High Beta ETF
93.17%$292.02M0.25%
S
SOXXiShares Semiconductor ETF
93.11%$9.20B0.35%
Q
QGRWWisdomTree U.S. Quality Growth Fund
93.06%$785.60M0.28%

Holding Overlap

RSPT - Invesco S&P 500 Equal Weight Technology ETF and QTEC - Traded Fund III First Trust NASDAQ 100 Technology Sector Index Fund have a 30 holding overlap. Which accounts for a 43.8% overlap.

Number of overlapping holdings

30

% of overlapping holdings

43.82%

Name
Weight in RSPT
Weight in QTEC
A
AVGOBroadcom Inc
1.96%2.17%
P
PLTRPalantir Technologies Inc - Ordinary Shares - Class A
1.62%2.31%
A
AAPLApple Inc
1.54%2.25%
I
INTCIntel Corp.
1.50%2.18%
A
ADIAnalog Devices Inc.
1.49%2.26%
T
TXNTexas Instruments Inc.
1.48%2.32%
K
KLACKLA Corp.
1.48%2.31%
C
CDNSCadence Design Systems, Inc.
1.47%2.41%
A
ANSSAnsys Inc. - Registered Shares
1.47%2.37%
C
CDWCDW Corp
1.47%2.40%

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