PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
RYT vs. XLK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

RYT vs. XLK

Last updated May 20, 2025

Compare and contrast key facts about Invesco S&P 500® Equal Weight Technology ETF (RYT) and Technology Select Sector SPDR Fund (XLK).

RYT and XLK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYT is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Information Technology. It was launched on Nov 7, 2006. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998. Both RYT and XLK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYT or XLK.

Correlation

The correlation between RYT and XLK is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

RYT vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Technology ETF (RYT) and Technology Select Sector SPDR Fund (XLK). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Returns By Period

RYT

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

XLK

YTD

1.05%

1M

21.62%

6M

2.57%

1Y

11.50%

3Y*

22.43%

5Y*

20.19%

10Y*

19.78%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500® Equal Weight Technology ETF

Technology Select Sector SPDR Fund

RYT vs. XLK - Expense Ratio Comparison

RYT has a 0.40% expense ratio, which is higher than XLK's 0.13% expense ratio.

RYT
Invesco S&P 500® Equal Weight Technology ETF
XLK
Technology Select Sector SPDR Fund

Risk-Adjusted Performance

RYT vs. XLK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RYT
The Risk-Adjusted Performance Rank of RYT is 5959
Overall Rank
The Sharpe Ratio Rank of RYT is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of RYT is 6565
Sortino Ratio Rank
The Omega Ratio Rank of RYT is 6464
Omega Ratio Rank
The Calmar Ratio Rank of RYT is 3232
Calmar Ratio Rank
The Martin Ratio Rank of RYT is 6969
Martin Ratio Rank
XLK
The Risk-Adjusted Performance Rank of XLK is 4040
Overall Rank
The Sharpe Ratio Rank of XLK is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of XLK is 3939
Sortino Ratio Rank
The Omega Ratio Rank of XLK is 3939
Omega Ratio Rank
The Calmar Ratio Rank of XLK is 4646
Calmar Ratio Rank
The Martin Ratio Rank of XLK is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RYT vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Technology ETF (RYT) and Technology Select Sector SPDR Fund (XLK). 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.

No data
No data
No data
No data

Loading data...

Dividends

RYT vs. XLK - Dividend Comparison

RYT has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.67%.

TTM20242023202220212020201920182017201620152014
RYT
Invesco S&P 500® Equal Weight Technology ETF		0.00%0.00%0.97%0.72%0.51%1.30%0.93%0.98%0.85%1.17%1.18%1.18%
XLK
Technology Select Sector SPDR Fund		0.67%0.66%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%

Drawdowns

RYT vs. XLK - Drawdown Comparison

Loading data...

Volatility

RYT vs. XLK - Volatility Comparison

Loading data...