EQALInvesco Russell 1000 Equal Weight ETF
EQAL Fund Description
EQAL tracks an index of the 1,000 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. The fund’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. 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.
EQAL MSCI ESG Analytics Insight
Invesco Russell 1000 Equal Weight ETF has an MSCI ESG Fund Rating of A based on a score of 6.19 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco Russell 1000 Equal Weight ETF ranks in the 45th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EQAL MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EQAL Summary Data
EQAL Portfolio Data
EQAL Index Data
EQAL Portfolio Management
EQAL Tax Exposures
EQAL Fund Structure
EQAL Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
EQAL Top 10 Holdings[View All]
EQAL Economic Development
EQAL Performance Statistics
EQAL MSCI ESG Ratings
EQAL Benchmark Comparison Summary
EQAL Benchmark Comparison Market Cap Size