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Tech stocks have lagged, with an equal weight tech ETF down 18%

The Invesco S&P 500 Equal Weight Tech ETF (RYT) has returned -18% over the past 12 months, reflecting broad weakness across the technology sector.

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Benzinga highlighted how the technology sector has moved lower in step with the broader market, pointing to weakness in a benchmark tech ETF that tracks a basket of large tech names.

According to Benzinga, the Invesco S&P 500 Equal Weight Tech ETF (RYT) has produced a -18% return over the past 12 months, illustrating the sector’s recent underperformance.

The article frames the tech sector as encompassing companies tied to semiconductors, artificial intelligence, software, computer hardware, and other information technology related industries.

Benzinga also lists individual tech stocks it says have drawn interest across categories such as growth, value, momentum, and Google search activity, including Focus Universal (FCUV) and Wetour Robotics (WETO).

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