News

Published on 22 Nov 2022 on Zacks via Yahoo Finance

Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RYT)?


Article preview image

If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Invesco S&P 500 Equal Weight Technology ETF (RYT), a passively managed exchange traded fund launched on 11/01/2006.

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 4, placing it in top 25%.

NYSE.ANET price evolution
NYSE.XLE price evolution
NYSE.XLK price evolution
NASDAQ.ENPH price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Viavi (VIAV) Revenues Decline Y/Y, Q2 Earnings Beat Estimates

Viavi Solutions Inc. VIAV reported relatively strong second-quarter fiscal 2023 results, with the...

Zacks via Yahoo Finance 3 Feb 2023

Arista Networks' (NYSE:ANET) 32% CAGR outpaced the company's earnings growth over the same...

It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that ...

Simply Wall St. via Yahoo Finance 3 Feb 2023

Arista Networks Inc. stock falls Friday, underperforms market

Shares of Arista Networks Inc. slid 1.11% to $131.96 Friday, on what proved to be an all-around g...

Market Watch 3 Feb 2023

Corning (GLW) Beats on Q4 Earnings Despite Lower Revenues

Corning Incorporated GLW reported healthy fourth-quarter 2022 results, wherein both the bottom li...

Zacks via Yahoo Finance 31 Jan 2023

Will Soft Revenues Impact Qualcomm's (QCOM) Q1 Earnings?

Qualcomm Incorporated QCOM is set to report first-quarter fiscal 2023 results on Feb 2, after the...

Zacks via Yahoo Finance 31 Jan 2023

Weekly Upgrades and Downgrades

During these busy times, it pays to stay on top of the latest profit opportunities. And today’s b...

InvestorPlace via Yahoo Finance 30 Jan 2023

Is Arista Networks, Inc.'s (NYSE:ANET) Stock's Recent Performance Being Led By Its Attractive...

Arista Networks' (NYSE:ANET) stock is up by a considerable 9.5% over the past week. Since the mar...

Simply Wall St. via Yahoo Finance 28 Jan 2023

Is Arista Networks (ANET) a Worthy Investment?

Giverny Capital, an investment management company, recently published its fourth-quarter investor...

Insider Monkey via Yahoo Finance 27 Jan 2023

Intel (INTC) Misses Q4 Earnings Estimates on Lower Revenues

Intel Corporation INTC reported soft fourth-quarter 2022 results, missing the bottom line and the...

Zacks via Yahoo Finance 27 Jan 2023

Arista Networks Inc. stock rises Thursday, outperforms market

Shares of Arista Networks Inc. rose 2.02% to $123.99 Thursday, on what proved to be an all-around...

Market Watch 26 Jan 2023