EQAL

Invesco Russell 1000 Equal Weight ETF
A

64
*Unless otherwise stated, data provided by FactSet.

EQAL Fund Description

EQAL tracks an index of the 1000 largest US stocks. Each sector receives equal weight, and each stock within a sector receives equal weight.

EQAL Factset Analytics Insight

EQAL offers an equal-weighted take on the Russell 1000. EQAL’s 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. In fact, roughly half the fund is composed of firms that we consider 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. Its strategy can result in significant return differences from the market, for better or worse. Retail volume tends to be adequate and spreads are generally fair. Liquidity will not be a problem for block traders. EQAL charges an attractive expense ratio, though it still can’t compete with the truly dirt-cheap plain-vanilla funds in the US large-cap space.

EQAL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EQAL -3.19% -0.71% 14.35% 2.34% 10.57% -- --
EQAL (NAV) -3.14% -0.77% 14.25% 2.49% 10.59% -- --
Russell 1000 Equal Weight -3.14% -0.73% 14.31% 2.60% 10.79% 8.01% --
MSCI USA Large Cap Index -1.96% 2.67% 14.11% 7.38% 14.12% 11.18% 14.41%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EQAL Top 10 Countries

EQAL Top 10 Sectors

EQAL Top 10 Holdings [View All]

EQAL Summary Data

Invesco
12/23/14
Open-Ended Fund
0.20%
$566.95M
$1.56M
0.06%

EQAL Portfolio Data

$31.22B
41.59
2.52
1.44%
06/24/19
912

EQAL Index Data

Russell 1000 Equal Weight
Tiered
Market Cap
MSCI USA Large Cap Index

EQAL Portfolio Management

0.20%
-0.20%
-0.11%
-0.27%

EQAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EQAL Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

EQAL Factset Analytics Block Liquidity

As of 05/21/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EQAL. EQAL is rated a 5 out of 5.

EQAL Tradability

47,872
$1.56M
35,808
$1.17M
0.06%
$0.02
0.04%
0.31% / -0.38%
None
100.00%
50,000
0.72
0.03%
0.00%
--
$31.82
5

EQAL Sector/Industry Breakdown


EQAL
Segment Benchmark
12.18%
7.84%
12.09%
27.57%
12.04%
8.98%
10.88%
12.45%
10.86%
14.04%
10.36%
5.75%
9.57%
14.60%
9.30%
1.10%
9.19%
2.58%
2.03%
2.35%

EQAL Countries


EQAL
Segment Benchmark
100.00%
100.00%

EQAL Regions


EQAL
Segment Benchmark
100.00%
100.00%

EQAL Economic Development


EQAL
Segment Benchmark
100.00%
100.00%

EQAL Performance Statistics

0.90
0.90
0.89
0.85
0.32%
MSCI USA Large Cap Index

EQAL BENCHMARK COMPARISON HOLDINGS

912
295
285
27.92%

EQAL BENCHMARK COMPARISON SUMMARY


EQAL
Segment Benchmark
912
295
$31.22B
$253.08B
41.59
21.46
2.52
3.50
1.82%
1.93%
Low
Low

EQAL BENCHMARK COMPARISON MARKET CAP SIZE


EQAL
Segment Benchmark
46.81%
99.71%
48.61%
0.29%
4.28%
0.00%
0.30%
0.00%