Summary
The PowerShares S&P 500 Equal Weight Technology Portfolio (RYT) invests in U.S.-based technology sector companies in the S&P 500.
Investment Thesis
RYT allows investors access to the top tech companies with equal weighting so that they are not heavily allocated toward the top companies by market cap like most S&P 500 index funds. Instead of its top holdings being heavily weighted toward AAPL, AMZN, MSFT, FB, GOOG/GOOGL, they lightly weighted toward companies like FFIV, AMD, MU, CTXS, and INTU.
Statistics
Updated May 29, 2018:
- Assets under management: $1.6 billion
- Total holdings: 70
- Portfolio turnover: 19%
- Expense ratio: 0.40%
- Distribution Yield: 0.78%
- P/E: 29.00
- Alpha: 10.48
- Beta: 1.03
Analysis
Updated May 29, 2018:
- Morningstar style: large growth
- Morningstar rating: 4 stars
Allocation
Industry allocation as of May 25, 2018:
Top holdings as of May 25, 2018:
Primary Documents
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Fact Sheet (March 31, 2018) |
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Prospectus (April 9, 2018) |
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Annual Report (October 31, 2017) |
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Official Web Site |
Also see GF posts tagged $RYT.
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