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: 2024-04-15 )

Largest Industry Peers for Technology

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

+6.45 (+2.97%)

USD 68.56B
FTEC Fidelity® MSCI Information Te.. 0.08 %

+5.19 (+3.10%)

USD 11.62B
ARKK ARK Innovation ETF 0.75 %

+1.24 (+2.69%)

USD 5.55B
HACK Amplify ETF Trust 0.60 %

+1.15 (+1.74%)

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

+2.75 (+3.38%)

USD 1.32B
FXL First Trust Technology AlphaDE.. 0.63 %

+2.98 (+2.23%)

USD 1.30B
IHAK iShares Cybersecurity and Tech.. 0.00 %

+0.91 (+1.92%)

USD 0.87B
ARKF ARK Fintech Innovation ETF 0.00 %

+0.64 (+2.22%)

USD 0.85B
XNTK SPDR Morgan Stanley Technology 0.35 %

+5.99 (+3.21%)

USD 0.80B
BLOK Amplify Transformational Data .. 0.70 %

+0.80 (+2.24%)

USD 0.67B

ETFs Containing RYT

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% 100% F 93% A
Dividend Return 0.15% 69% C- 6% D-
Total Return 19.30% 100% F 93% A
Trailing 12 Months  
Capital Gain 23.41% 41% F 83% B
Dividend Return 0.66% 64% D 6% D-
Total Return 24.06% 41% F 80% B-
Trailing 5 Years  
Capital Gain 86.56% 56% F 86% B+
Dividend Return 4.08% 59% D- 13% F
Total Return 90.64% 52% F 85% B
Average Annual (5 Year Horizon)  
Capital Gain 52.22% 100% F 95% A
Dividend Return 52.87% 100% F 95% A
Total Return 0.64% 68% D+ 16% F
Risk Return Profile  
Volatility (Standard Deviation) 187.33% 4% F 4% F
Risk Adjusted Return 28.22% 7% C- 52% 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.