Fund Description |
The Invesco Russell 1000 Equal Weight ETF (Fund) is based on the Russell 1000 Equal Weight Index (Index). The Fund will generally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is composed of securities in the Russell 1000 Index and is equally weighted across nine sector groups with each security within the sector receiving equal weight. The Fund and Index are re-weighted at the close of the close of third Friday in March, September, and December. It is also re-weighted at the close of the last Friday in June when the Russell 1000 is reconstituted. |
Fund Profile |
Fund Name |
Invesco Russell 1000 Equal Weight ETF |
Fund Exchange Ticker |
EQAL |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138E4200 |
Net Expense Ratio |
0.20 % |
Fund Inception Date |
23 December 2014 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Broad Market & Size |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
Russell 1000 Equal Weight Index |
Index Provider |
FTSE Russell |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Market Capitalization Range |
Large Cap |
Growth Value |
Core / Blend |
Continent |
North America |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
640.47 Million (USD) |
1 Month Total Return |
8.01 % |
Year To Date Return |
-9.30 % |
1 Year Total Return |
-6.13 % |
3 Year Annualized Total Return |
12.44 % |
NAV |
42.7695 |
Share Outstanding |
14,975,000 |