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RSPT vs XSW

Invesco S&P 500 Equal Weight Technology ETF

RSPTBNYSE Arca

State Street SPDR S&P Software & Services ETF

XSWBNYSE Arca

Overlap

19.9%by weight

Expense ratio

XSW −0.05pt a year

RSPT0.40%XSW0.35%

Avg volume · 30D

RSPT 12.6×the volume

RSPT689KXSW54.7K

10Y return · a year

RSPT +5.7pt

RSPT+20.6%XSW+14.9%

RSPT vs XSW Performance

Oct 29, 2021 – Oct 30, 2026

+111.8%RSPT+16.2%XSW

Oct 29, 2021 to Oct 30, 2026. RSPT +111.8%. XSW +16.2%. Use the arrow keys to read each point.−50%50%Oct 2021Apr 2024Oct 2026
Expense ratio
RSPT 0.40%
XSW 0.35%, better
Fund size
RSPT $5.94B
XSW $536M
1Y total return
RSPT +35.4%, better
XSW +5.6%
Yield (12M)
RSPT 0.24%, better
XSW 0.00%
Holdings
RSPT 78
XSW 131
Avg volume (30D)
RSPT 689K sh, better
XSW 54.7K sh
NAV per share
RSPT $62.97
XSW $212.78
52W range

ETF.net Grade

RSPT: Cost 54, Risk 81, Mission not scored, Tradability 69, Holdings 88, Durability 74. XSW: Cost 77, Risk 21, Mission 60, Tradability 45, Holdings 91, Durability 66.
Pillar letters and Scores for RSPT, XSW, with each pillar’s weight
PillarRSPTXSW
Cost30% weightC54A77Higher
Mission25% weightNot scoredB60
Risk15% weightA81HigherF21
Tradability15% weightB69HigherC45
Holdings10% weightA88A91Higher
Durability5% weightA74HigherB66

Rank among Technology (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. RSPT and XSW are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds
See all 23 ›

RSPT ranks 4th and XSW 9th of 23 funds in the Technology (Broad) Category.

  1. Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
  2. Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
  3. Rank 3AVGTVanguard Information Technology ETFScore 71
  4. Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68
  5. Rank 5BIGMiShares Expanded Tech Sector ETFScore 64
  6. Rank 8BPSCTInvesco S&P SmallCap Information Technology ETFScore 61
  7. Rank 9BXSWState Street SPDR S&P Software & Services ETFScore 60
  8. Rank 10BTDIVFirst Trust NASDAQ Technology Dividend Index FundScore 59

Our read on each fund

ETF.net Research

RSPTBInvesco S&P 500 Equal Weight Technology ETF

XSWBState Street SPDR S&P Software & Services 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.

XSW Most tech funds are really a bet on a handful of megacaps. XSW carves out software and services and weights roughly 130 names close to equally, so a small SaaS shop sits near the giants. Running that way since 2011.

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.

XSW The fund seeks to track the total return of the S&P Software & Services Select Industry Index before fees and expenses. Its mandate covers software and services companies across application software, interactive home entertainment, IT consulting and other services, and systems software.

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.
  • XSW Modified equal weighting resets constituents toward the same size each quarter, so results lean on software broadly rather than on three or four dominant names.ssga.comspglobal.com
  • A 0.35% expense ratio, below the median for its broad tech peer group, for a strategy that reweights four times a year rather than just riding market cap.spglobal.com
  • Roughly 130 holdings across application software, interactive home entertainment, IT consulting and systems software. One stumble is a small slice, not the whole fund.ssga.com
  • Live since 2011, one of the longest-running equal-weight takes on US software, and it has tracked its index closely across that history.ssga.com

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.
  • XSW Equal weighting pulls in small and mid-cap software, the jumpiest corner of tech. The ride here tends to be bumpier than a megacap-led sector fund.ssga.com
  • Cap-weighted rivals cost far less: XLK and FTEC at 0.08%, VGT at 0.09%. The extra fee buys the equal-weight method, not wider coverage.
  • Software companies rarely pay dividends and the fund has not made distributions lately, so price change does essentially all the work. It also trades in moderate volume.

Full RSPT profile⁠

Full XSW profile⁠

RSPT vs XSW Holdings

How RSPT and XSW differ

Overlap by weight

19.9%

Shared holdings make up 36.9% of RSPT and 19.9% of XSW.

Level by level

  • Holdings26 in both19.9%
  • Sector7 Sectors90.6%
  • Countryby domicile97.5%
  • Asset classEquity100%

Sector

Sector weights in RSPT and XSW, widest gap first
SectorMore in RSPTMore in XSW
TechnologyRSPT +8.3 points
FinancialsXSW +5.8 points
CommunicationXSW +1.5 points
EnergyRSPT +1.1 points
Health CareXSW +0.8 points
IndustrialsXSW +0.7 points
Consumer DiscretionaryXSW +0.7 points

Country, concentration and asset class

Country by domicile

Country weights in RSPT and XSW, widest gap first
CountryMore in RSPTMore in XSW
United StatesXSW +2.5 points
ChinaRSPT +1.4 points
MexicoRSPT +1.1 points

Concentration

Weight in the 10 largest Holdings

  • RSPT16.8%
  • XSW11.0%

Securities held

  • RSPT76
  • XSW130

Asset class

RSPT
Equity
XSW
Equity

Holdings

  • Only in RSPT50
  • In both26
  • Only in XSW104

Only in RSPT

50 securities, 63.1% of RSPT by weight

  • Everpure Inc1.84%
  • Texas Instruments Inc1.56%
  • NXP Semiconductors NV1.55%

Only in XSW

104 securities, 80.0% of XSW by weight

  • Braze Inc A1.36%
  • Netskope Inc Class A1.27%
  • RAPID7 Inc1.14%

Weight gaps

All 26 Holdings in both funds, largest gap first.

Holding weights in RSPT and XSW, widest gap first
HoldingMore in RSPTMore in XSW
PTC IncPTCRSPT +0.91 points
Accenture PLCACNRSPT +0.84 points
Gartner IncITRSPT +0.80 points
Crowdstrike Holdings IncCRWDRSPT +0.75 points
Synopsys IncSNPSRSPT +0.74 points
Cadence Design Systems IncCDNSRSPT +0.72 points
Datadog IncDDOGRSPT +0.71 points
Autodesk IncADSKRSPT +0.70 points

All 76 RSPT holdings⁠All 130 XSW holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RSPT vs XSW Cost

Overpaying RSPT vs XSW

$964

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RSPT 0.40%

    $8,090

  • XSW 0.35%

    $7,126

$10,000
30 years

Cost over time

  • RSPT 0.40%
  • XSW 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530RSPT $8,090XSW $7,126

Year by year

YearRSPTXSWOverpaying
10$723$634$89
20$2,793$2,454$339
30$8,090$7,126$964

Expense ratio

  • 0.40%RSPT
  • 0.35%XSW, cheaper
  • Middle half of Technology (Broad) funds
  • Median 0.45%

XSW 5th cheapest of 23 funds

RSPT 11th cheapest of 23 funds

RSPT vs XSW Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
RSPT 0.24%, better
XSW 0.00%
Payout (12M)
RSPT $0.15
XSW None
Last payment
RSPT $0.03
XSW No data
Ex-dividend
RSPT Sep 21, 2026
XSW No data
Paid on
RSPT Sep 25, 2026
XSW No data
Frequency
RSPT Quarterly
XSW No data

Distribution history

Per share, 2017 to 2026, same scale for both

RSPTQuarterly · 39 paymentsAll RSPT payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.02; Jun 16, 2017 $0.03; Sep 15, 2017 $0.03; Dec 15, 2017 $0.04; Mar 16, 2018 $0.02; Jun 15, 2018 $0.03; Sep 24, 2018 $0.04; Dec 24, 2018 $0.04; Mar 18, 2019 $0.04; Jun 24, 2019 $0.05; Sep 23, 2019 $0.04; Dec 23, 2019 $0.05; Mar 23, 2020 $0.08; Jun 22, 2020 $0.08; Sep 21, 2020 $0.08; Dec 21, 2020 $0.09; Mar 22, 2021 $0.05; Jun 21, 2021 $0.04; Sep 20, 2021 $0.04; Dec 20, 2021 $0.04; Mar 21, 2022 $0.04; Jun 21, 2022 $0.04; Sep 19, 2022 $0.04; Dec 19, 2022 $0.05; Mar 20, 2023 $0.05; Jun 20, 2023 $0.04; Sep 18, 2023 $0.04; Dec 18, 2023 $0.05; Mar 18, 2024 $0.04; Jun 24, 2024 $0.04; Sep 23, 2024 $0.04; Dec 23, 2024 $0.04; Mar 24, 2025 $0.04; Jun 23, 2025 $0.05; Sep 22, 2025 $0.04; Dec 22, 2025 $0.04; Mar 23, 2026 $0.04; Jun 22, 2026 $0.04; Sep 21, 2026 $0.03. Use the arrow keys to read each point.$0$0.252017202020232026YTD
XSW29 paymentsAll XSW payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.03; Jun 16, 2017 $0.04; Sep 15, 2017 $0.03; Dec 15, 2017 $0.22; Mar 19, 2018 $0.02; Jun 18, 2018 $0.04; Sep 24, 2018 $0.04; Dec 24, 2018 $0.13; Mar 18, 2019 $0.03; Jun 24, 2019 $0.03; Sep 23, 2019 $0.02; Dec 23, 2019 $0.04; Mar 23, 2020 $0.32; Jun 22, 2020 $0.02; Sep 21, 2020 $0.001; Dec 21, 2020 $0.05; Sep 20, 2021 $0.15; Dec 20, 2021 $0.06; Mar 21, 2022 $0.0036; Jun 21, 2022 $0.0031; Sep 19, 2022 $0.02; Dec 19, 2022 $0.07; Mar 20, 2023 $0.07; Jun 20, 2023 $0.10; Sep 18, 2023 $0.10; Dec 18, 2023 $0.04; Jun 24, 2024 $0.14; Mar 24, 2025 $0.05; Jun 23, 2025 $0.07. Use the arrow keys to read each point.$0$0.252017202020232026YTD

RSPT vs XSW Risk

Fall from peak · 5 years

  • RSPT
  • XSW
Oct 29, 2021 to Oct 30, 2026. Worst fall: XSW −45.4% · Nov 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
RSPT 22.0%, betterXSW 25.9%
Return per unit of riskSharpe ratio, 3 years
RSPT 1.23, betterXSW 0.68
Worst fallMax drawdown, 5 years
RSPT −32.5%, betterXSW −45.4%
Market sensitivityBeta, 5 years
RSPT 1.53XSW 1.37

RSPT and XSW in the news

All news⁠

Popular comparisons

  • RSPTBvsXLKA

    Invesco S&P 500 Equal Weight Technology ETF · State Street Technology Select Sector SPDR ETF

    Expense ratio
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