NYSEARCA:RYT

282.01
0.00 (0.00%) 1d
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COMMENT

The viewer was seeking an equal-weight ETF that contained the top 15-20 Canadian tech companies. A market cap weighted ETF of Canadian tech. It is dominated by Shopify, Onyx, CGI. RYT is the American alternative that is equal weight for US large-cap tech that has around 70 names.

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BUY
To avoid market-cap weighting, consider RYT: the equal-weight tech index which gives you far broader diversification with the top 10 holding amounting to only 16% of this ETF.
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DON'T BUY
RYT vs. VGT. Basket of tech companies, all under equal weight, costing 40 basis points. Compare it to Vanguard VGT, at only 10 basis points, which has the big boys like Apple, Microsoft, Visa, Mastercard, Cisco. Later in the cycle, you want to be in the larger cap names, greater dividend, more defensive, cash flow is better.
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Invesco S&P 500 Equal Weight Technology ETF(RYT-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Invesco S&P 500 Equal Weight Technology ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Invesco S&P 500 Equal Weight Technology ETF(RYT-N) Frequently Asked Questions

What is Invesco S&P 500 Equal Weight Technology ETF stock symbol?

Invesco S&P 500 Equal Weight Technology ETF is a American stock, trading under the symbol RYT-N on the NYSE Arca (RYT). It is usually referred to as AMEX:RYT or RYT-N

Is Invesco S&P 500 Equal Weight Technology ETF a buy or a sell?

In the last year, there was no coverage of Invesco S&P 500 Equal Weight Technology ETF published on Stockchase.

Is Invesco S&P 500 Equal Weight Technology ETF a good investment or a top pick?

Invesco S&P 500 Equal Weight Technology ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Invesco S&P 500 Equal Weight Technology ETF.

Why is Invesco S&P 500 Equal Weight Technology ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Invesco S&P 500 Equal Weight Technology ETF worth watching?

In the last year, there was no coverage of Invesco S&P 500 Equal Weight Technology ETF published on Stockchase.

What is Invesco S&P 500 Equal Weight Technology ETF stock price?

On 2023-06-06, Invesco S&P 500 Equal Weight Technology ETF (RYT-N) stock closed at a price of $282.01.