RSPT: Why This Equal-Weight Tech Consolidation Is More Than Buyable

Mike Zaccardi, CFA, CMT 9.7K Followers Follow Summary Invesco S&P 500 Equal Weight Technology ETF remains a buy, delivering 41% YTD and outperforming cap-weighted tech indices. RSPT’s valuation is compelling with a 19.7x P/E, 17.06% long-term EPS growth, and a PEG ratio just above 1.0x. The ETF’s diversified SMID-cap tech exposure reduces concentration risk and benefits from capex-driven sector tailwinds. Technically, RSPT is consolidating with bullish momentum; a breakout above $67 targets $76, supported by a rising 200-day moving average. Greggory DiSalvo/iStock via Getty Images 2026 has by no means been a Mag 7 story . Nor are the tech megacaps leading the global stock market anymore. Just take a look at what the average domestic tech name has done thus This article was written by Mike Zaccardi, CFA, CMT 9.7K Followers Follow Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams that include senior editors, investment strategists, marketing managers, data analysts, and executives, I contribute ideas to help make content relevant, accessible, and measurable. Having expertise in thematic investing, market events, client education, and compelling investment outlooks, I relate to everyday investors in a pithy way. I enjoy analyzing stock market sectors, ETFs, economic data, and broad market conditions, then producing snackable content for various audiences. Macro drivers of asset classes such as stocks, bonds, commodities, currencies, and crypto excite me. My thing is communicating finance with an educational and creative style. I also believe in producing evidence-based narratives using empirical data to drive home points. Charts are one of the many tools I leverage to tell a story in a simple but engaging way. I focus on SEO and specific style guides when appropriate. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.