EWMCInvesco S&P MidCap 400 Equal Weight ETF
EWMC Fund Description
EWMC tracks an equal-weighted index consisting of midcap US firms.
EWMC Factset Analytics Insight
EWMC offers straightforward equal-weighted exposure to midcaps. The fund tracks the equal-weighted version of the S&P Midcap 400 (also known as S&P 400), which is a broad-based index of 400 stocks that represent the midcap segment of the US equity space. Due to its equal-weighting scheme, the resulting portfolio produces a considerably smaller average market-cap, though sector tilts are mild. The index is rebalanced on a quarterly basis. Note: Prior to January 27, 2016, EWMC tracked the Russell MidCap Equal Weight Index under the ticker EWRM.
EWMC MSCI ESG Analytics Insight
Invesco S&P MidCap 400 Equal Weight ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.12 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 S&P MidCap 400 Equal Weight ETF ranks in the 29th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EWMC 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.
EWMC Summary Data
EWMC Portfolio Data
EWMC Index Data
EWMC Portfolio Management
EWMC Tax Exposures
EWMC Fund Structure
EWMC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EWMC. EWMC is rated a 5 out of 5.
EWMC Sector/Industry Breakdown
EWMC Economic Development
EWMC Performance Statistics
EWMC MSCI ESG Ratings
EWMC Benchmark Comparison Summary
EWMC Benchmark Comparison Market Cap Size