RSPT vs XNTK

RSPTBInvesco S&P 500 Equal Weight Technology ETF

XNTKBState Street SPDR NYSE Technology ETF

In short

RSPT Tech without the megacap gravity. RSPT hands each of the S&P 500's roughly 80 technology names the same slice and resets every quarter, so the sector's giants carry no more weight than its smaller names.

XNTK A tech fund born in 2000 that ignores the cap-weighted script: about 35 names, equal-weighted at each annual rebalance, with tech-flavored consumer discretionary stocks allowed in alongside classic IT.

Stated mandate

RSPT The Fund is designed to follow the S&P 500 Equal Weight Information Technology Index, investing at least 90% of assets in index securities. The index equally weights information technology stocks from the S&P 500 and rebalances quarterly.

XNTK The fund seeks to track, before fees and expenses, the total return of the NYSE Technology Index, which consists of 35 leading US-listed technology-related companies.

Why people hold it

• RSPT Equal weight by design: about 80 S&P 500 tech stocks, one identical slice each, rebalanced quarterly. No single giant steers the fund.invesco.com
• Running since 2006 and it hews closely to its index. A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
• One of the stronger implementations in a crowded broad-tech aisle, with a plain index mandate and quarterly distributions.

• XNTK Equal-weighted at the annual rebalance, so the mega-caps start with the same slice as everyone else in the roughly 35-stock basket.ssga.com
• Its index reaches past the strict tech box into tech-related consumer discretionary names, catching internet and e-commerce businesses that pure IT funds screen out.ssga.com
• 0.35% expense ratio, under the median fee in its broad-tech peer group, and it has been trading since 2000 as a multi-billion-dollar SPDR with quarterly distributions.

Worth knowing

• RSPT 0.40% a year lands mid-pack for tech sector funds but well above cap-weighted majors like VGT (0.09%), XLK (0.08%) and FTEC (0.08%).
• Equal weighting leans on the sector's smaller members and the quarterly reset trims what ran up. Expect it to move to a different beat than cap-weighted tech.
• Still a single-sector fund: everything inside is S&P 500 information technology, with the concentration that implies.

• XNTK About 40 holdings. One stumbling name lands harder here than in a 300-stock tech index.
• Weights reset once a year, so winners drift to outsized slices between rebalances. Equal weight is a starting point, not a constant.ssga.com
• The big cap-weighted rivals (VGT, XLK, FTEC) charge less and trade more heavily, which can mean tighter spreads for large orders.

Full RSPT profile⁠

Full XNTK profile⁠