EQALInvesco Russell 1000 Equal Weight ETF

Grow my money11y track recordRanked #476 of 2,960 in this goal

Seeks to track the investment results of the Russell 1000 Equal Weight Index.

By Invesco · Launched 2014

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$806M

#1,238 of 5,562 · large

Return (1Y)Goal

+23.7%

Track Record

11 years

#1,260 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,260+22.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index enhanced

Index tracked

Russell 1000 Equal Weight Index

What it actually holds

By weight

Concentration

Top 10 holdings = 17.0% of fund✓ well diversified

Invesco Private Prime Fund

8.7%

Invesco Private Government Fund

3.4%

Lumentum Holdings Inc.

0.9%

Ciena Corp.

0.7%

AST SpaceMobile, Inc.

0.7%

Cisco Systems, Inc.

0.5%

Millicom International Cellular S.A.

0.5%

Frontier Communications Parent, Inc.

0.5%

Roku, Inc.

0.5%

Liberty Global Ltd.

0.5%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

16.6%

Healthcare

9.4%

Industrials

9.4%

Real Estate

9.2%

Financial Services

9.2%

Energy

8.3%

Basic Materials

8.0%

Consumer Cyclical

7.7%

Other

22.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

12.5%Moderate

Year-on-year price swings

Max drawdown

-40.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.71Decent risk-adjusted returns

Sortino (3Y)

1.04Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of the Russell 1000 Equal Weight Index.
Strategy: Invests primarily in securities of the Russell 1000 Equal Weight Index, which measures the performance of approximately 1,000 equally-weighted securities. Employs full replication methodology, investing in all securities in proportion to their index weightings.
Inception date: December 23, 2014
Fund family: Invesco