Fund Description |
The Invesco ESG S&P 500 Equal Weight ETF (Fund) is based on the S&P 500 Equal Weight ESG Leaders Select Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to measure the equal weighted performance of securities included in the S&P 500 Equal Weight Index that also meet an environmental, social and governance ( ESG ) criteria, while maintaining similar overall industry group weights as the S&P 500 Equal Weight Index. Each security is given an ESG score that seeks to identify companies well-equipped to recognize and respond to emerging sustainability opportunities and challenges in the global market. Industry-specific questionnaires are used to analyze companies custom industries derived from Global Industry Classification Standard ( GICSS&P 500 ). Companies provide up to 1,000 data points in response to the questionnaires which is used to score each company s performance in relation to each specific ESG subject. If a company chooses not to actively participate in the assessment, it may be assessed based on publicly available information. Companies are ranked from highest to lowest according to their ESG scores, and the top 40% of constituents within each GICS S&P 500 industry group generally are included in the Index. The Fund and the Index are rebalanced quarterly. |
Fund Profile |
Fund Name |
Invesco ESG S&P 500 Equal Weight ETF |
Fund Exchange Ticker |
RSPE |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138G5163 |
Net Expense Ratio |
0.20 % |
Fund Inception Date |
17 November 2021 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Factor & Thematic |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
S&P 500 Equal Weight ESG Leaders Select Index |
Index Provider |
S&P DJ Indices |
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 |
5.52 Million (USD) |
1 Month Total Return |
7.16 % |
Year To Date Return |
-11.95 % |
1 Year Total Return |
|
3 Year Annualized Total Return |
|
NAV |
22.0969 |
Share Outstanding |
250,001 |