RYT:ARCA-Guggenheim S&P 500 Equal Weight Technology (USD)

ETF | Technology | NYSE Arca

Last Closing

USD 33.47

Change

0.00 (0.00)%

Market Cap

USD 0.88B

Volume

0.71M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500? Equal Weight Index Information Technology Total Return. The underlying index is an unmanaged equal weighted version of the S&P 500? Information Technology Index that consists of the common stocks of 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 that comprise the Information Technology sector of the S&P 500? Index. The fund is non-diversified.

Inception Date: 01/11/2006

Primary Benchmark: S&P 500 Equal Weighted IT TR USD

Primary Index: MSCI ACWI NR USD

Gross Expense Ratio: 0.4%

Management Expense Ratio: 0.40 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
TU Telus Corp 1.65 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Technology

Symbol Name Mer Price(Change) Market Cap
XLK Technology Select Sector SPDR.. 0.13 %

+2.23 (+1.13%)

USD 65.42B
VGT Vanguard Information Technolog.. 0.10 %

+8.50 (+1.72%)

USD 60.56B
IYW iShares U.S. Technology ETF 0.42 %

+2.75 (+2.15%)

USD 15.40B
FTEC Fidelity® MSCI Information Te.. 0.08 %

+2.41 (+1.63%)

USD 8.85B
ARKK ARK Innovation ETF 0.75 %

+0.46 (+1.05%)

USD 6.31B
FDN First Trust Dow Jones Internet.. 0.52 %

+5.02 (+2.58%)

USD 5.80B
IXN iShares Global Tech ETF 0.46 %

+1.05 (+1.48%)

USD 4.60B
IGM iShares Expanded Tech Sector E.. 0.46 %

+1.95 (+2.39%)

USD 4.02B
HACK ETFMG Prime Cyber Security ETF 0.60 %

+0.62 (+1.00%)

USD 1.73B
ARKW ARK Next Generation Internet E.. 0.75 %

+0.34 (+0.45%)

USD 1.49B

ETFs Containing RYT

AGOX Adaptive Alpha Opportunit.. 2.06 % 0.00 %

+0.45 (+1.83%)

USD 0.24B
QEH 0.00 % 1.68 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Technology) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.15% 96% N/A 91% A-
Dividend Return 0.15% 69% C- 6% D-
Total Return 19.30% 96% N/A 91% A-
Trailing 12 Months  
Capital Gain 24.52% 22% F 75% C
Dividend Return 0.66% 64% D 6% D-
Total Return 25.18% 22% F 71% C-
Trailing 5 Years  
Capital Gain 96.77% 48% F 85% B
Dividend Return 4.30% 59% D- 14% F
Total Return 101.07% 52% F 84% B
Average Annual (5 Year Horizon)  
Capital Gain 51.77% 100% F 95% A
Dividend Return 52.42% 100% F 95% A
Total Return 0.65% 65% D 17% F
Risk Return Profile  
Volatility (Standard Deviation) 187.43% 4% F 4% F
Risk Adjusted Return 27.97% 11% F 53% F
Market Capitalization 0.88B 70% C- 74% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.