RSPT vs. QTEC

Last updated Aug 2, 2026

RSPT (Invesco S&P 500 Equal Weight Technology ETF) and QTEC (First Trust NASDAQ-100 Technology Sector Index Fund) are both exchange-traded funds - RSPT is a Technology Equities fund tracking the S&P 500® Information Technology Index, while QTEC is a Nasdaq-100 fund tracking the NASDAQ-100 Technology Sector Index. Both are passively managed. Over the past 10 years, RSPT returned 20.76%/yr vs 21.00%/yr for QTEC. Their correlation of 0.92 means they have usually moved in the same direction. RSPT charges 0.40%/yr vs 0.57%/yr for QTEC.

Performance

RSPT vs. QTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight Technology ETF (RSPT) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPT achieves a 32.97% return, which is significantly higher than QTEC's 29.69% return. Both investments have delivered pretty close results over the past 10 years, with RSPT having a 20.76% annualized return and QTEC not far ahead at 21.00%.

RSPT

• 1D: 0.57%
• 1M: -1.55%
• 6M: 29.00%
• YTD: 32.97%
• 1Y: 48.80%
• 3Y*: 26.40%
• 5Y*: 15.76%
• 10Y*: 20.76%
• ALL TIME*: 14.46%

QTEC

• 1D: 0.27%
• 1M: -5.23%
• 6M: 26.76%
• YTD: 29.69%
• 1Y: 42.45%
• 3Y*: 23.84%
• 5Y*: 12.98%
• 10Y*: 21.00%
• ALL TIME*: 14.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	$78.15M	$73.99M	$89.17M
RSPT Invesco S&P 500 Equal Weight Technology ETF	$35.57M	$47.88M	$43.46M

RSPT vs. QTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPT Invesco S&P 500 Equal Weight Technology ETF	32.97%	22.15%	15.16%	35.18%	-24.50%	28.53%	30.21%	42.07%	-0.61%	32.98%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	29.69%	22.28%	7.32%	67.02%	-39.83%	26.89%	38.76%	48.22%	-4.62%	37.78%

Correlation

The correlation between RSPT and QTEC is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.96
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Nov 7, 2006	0.92

The correlation between RSPT and QTEC has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

RSPT vs. QTEC - Sectors Allocation Comparison

Sectors	RSPT	QTEC
Technology	98.7%	85.4%
Communication Services	1.3%	8.3%
Energy	1.3%	-
Industrials	0.8%	2.1%
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Cyclical	-	2.1%
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

RSPT vs. QTEC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RSPT

RSPT Risk / Return Rank: 79
RSPT Sharpe Ratio Rank: 81
RSPT Sortino Ratio Rank: 75
RSPT Omega Ratio Rank: 71
RSPT Calmar Ratio Rank: 88
RSPT Martin Ratio Rank: 79

QTEC

QTEC Risk / Return Rank: 60
QTEC Sharpe Ratio Rank: 60
QTEC Sortino Ratio Rank: 56
QTEC Omega Ratio Rank: 54
QTEC Calmar Ratio Rank: 72
QTEC Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RSPT vs. QTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Technology ETF (RSPT) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RSPT	QTEC	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.40	+0.45
Sortino ratio: Return per unit of downside risk	2.40	1.92	+0.47
Omega ratio: Gain probability vs. loss probability	1.30	1.24	+0.06
Calmar ratio: Return relative to maximum drawdown	3.48	2.46	+1.02
Martin ratio: Return relative to average drawdown	10.14	6.90	+3.24

RSPT vs. QTEC - Sharpe Ratio Comparison

The current RSPT Sharpe Ratio is 1.86, which is higher than the QTEC Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of RSPT and QTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSPT vs. QTEC - Drawdown Comparison

The maximum RSPT drawdown since its inception was -58.91%, roughly equal to the maximum QTEC drawdown of -58.86%. Use the drawdown chart below to compare losses from any high point for RSPT and QTEC.

Drawdown Indicators

	RSPT	QTEC	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-58.86%	-0.05%
Max Drawdown (1Y) Largest decline over 1 year	-13.29%	-16.03%	+2.74%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-29.00%	+2.38%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-45.54%	+13.05%
Max Drawdown (10Y) Largest decline over 10 years	-33.67%	-45.54%	+11.87%
Current Drawdown Current decline from peak	-10.42%	-11.08%	+0.66%
Average Drawdown Average peak-to-trough decline	-8.89%	-9.86%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	5.72%	-1.16%

Volatility

RSPT vs. QTEC - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Technology ETF (RSPT) is 7.20%, while First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has a volatility of 9.69%. This indicates that RSPT experiences smaller price fluctuations and is considered to be less risky than QTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPT	QTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	9.69%	-2.49%
Volatility (6M) Calculated over the trailing 6-month period	20.62%	23.97%	-3.35%
Volatility (1Y) Calculated over the trailing 1-year period	24.95%	28.24%	-3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.73%	30.05%	-5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.00%	27.88%	-3.88%

RSPT vs. QTEC - Expense Ratio Comparison

RSPT has a 0.40% expense ratio, which is lower than QTEC's 0.57% expense ratio.

Dividends

RSPT vs. QTEC - Dividend Comparison

RSPT's dividend yield for the trailing twelve months is around 0.27%, more than QTEC's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	0.01%	0.00%	0.02%	0.14%	0.15%	0.02%	0.44%	0.68%	0.91%	0.80%	1.29%	0.99%
RSPT Invesco S&P 500 Equal Weight Technology ETF	0.27%	0.39%	0.44%	0.56%	0.71%	0.50%	1.29%	0.92%	0.98%	0.84%	1.16%	1.18%

Frequently Asked Questions

Can I hold both RSPT and QTEC in my portfolio?

With a correlation of 0.96, RSPT and QTEC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RSPT or QTEC?

QTEC has higher volatility (9.69%) compared to RSPT (7.20%). In terms of maximum drawdown, RSPT dropped -58.91% vs QTEC's -58.86%.

Which ETF is better, RSPT or QTEC?

On 10-year performance, QTEC leads with 21.00% vs 20.76% for RSPT. On fees, RSPT is cheaper at 0.40% per year. On volatility, RSPT has been the lower-risk option at 7.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSPT or QTEC?

Over the 10-year period, QTEC has performed better with a 21.00% return vs 20.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSPT or QTEC?

RSPT is cheaper with a 0.40% expense ratio, compared with 0.57% for QTEC.

Which ETF pays a higher dividend yield, RSPT or QTEC?

RSPT has the higher dividend yield at 0.27%, compared with 0.01% for QTEC.

What is the main difference between RSPT and QTEC?

RSPT is categorized as Technology Equities, while QTEC is Nasdaq-100. RSPT tracks S&P 500® Information Technology Index, while QTEC tracks NASDAQ-100 Technology Sector Index. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.40% for RSPT and 0.57% for QTEC.

Which has better risk-adjusted returns?

RSPT currently has the higher Sharpe Ratio (1.86 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.