Invesco S&P 500® Equal Weight Technology ETF

This ETF offers exposure to equities included in the S&P 500 Information Technology Index, which covers the following industries: internet equipment, computers and peripherals, electronic equipment, office electronics and instruments, semiconductor equipment and products, diversified telecommunication services, and wireless telecommunication services. RYT is different from other ETF tracking the same index because it employs a unique equal-weighted strategy, meaning that component companies receive approximately equal allocations. That results in exposure that is considerably more balanced than other alternatives such as XLK, and a methodology that some investors believe will add value over the long haul. In return for this unique exposure you can expect higher fees; this ETF is considerably more expensive than both XLK and IYW, though it is still extremely cost efficient compared to most mutual funds.