Key stats
About Invesco Russell 1000 Equal Weight ETF
Expense ratio
0.20%
Home page
Inception date
Dec 23, 2014
EQAL offers an equal-weighted take on the Russell 1000. The funds weighting is applied in tiers: each sector gets the same weight, as does each stock within a given sector. This approach produces a big tilt toward smaller firms, which dominate the portfolio. The fund is composed of some firms that are considered midcaps. Like all equal-weight strategies, EQAL has a bit of a contrarian streak, as it sells winners and buys losers at each quarterly rebalance. The fund is reconstituted annually in June.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks100.03%
Finance18.02%
Utilities8.90%
Technology Services8.37%
Consumer Non-Durables7.54%
Electronic Technology7.22%
Process Industries6.32%
Health Technology6.23%
Energy Minerals5.53%
Consumer Services4.65%
Producer Manufacturing4.36%
Industrial Services3.78%
Retail Trade3.46%
Non-Energy Minerals3.44%
Communications3.25%
Distribution Services1.97%
Consumer Durables1.90%
Commercial Services1.71%
Health Services1.69%
Transportation1.40%
Miscellaneous0.27%
Bonds, Cash & Other−0.03%
Miscellaneous−0.03%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history