EQAL - Invesco Russell 1000 Equal Weight ETF
| Assets | $655.94M |
| NAV | $44.32 |
| Expense Ratio | 0.20% |
| PE Ratio | 31.09 |
| Beta (5Y) | 1.20 |
| Dividend (ttm) | $0.67 |
| Dividend Yield | 1.50% |
| Ex-Dividend Date | Mar 22, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $44.51 |
| Previous Close | $44.30 |
| Change ($) | 0.21 |
| Change (%) | 0.47% |
| Day's Open | 44.45 |
| Day's Range | 44.39 - 44.57 |
| Day's Volume | 44,288 |
| 52-Week Range | 25.31 - 44.57 |
Fund Description
The investment seeks to track the investment results (before fees and expenses) of the Russell 1000® Equal Weight Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of all of the securities in the Russell 1000 ® Index, which is designed to measure the performance of the large-cap segment of the U.S. equity market and consists of the stocks of the largest 1,000 U.S. companies by market capitalization.
| Asset Class Portfolio-Multi Asset | Sector Large Cap |
| Region North America | Inception Date Dec 23, 2014 |
| Exchange NYSEARCA | Ticker Symbol EQAL |
| Index Tracked Russell 1000 Equal Weight Index | |
Top 10 Holdings
4.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Arista Networks | ANET | 0.44% |
| Cisco Systems | CSCO | 0.41% |
| Telephone & Data Systems | TDS | 0.41% |
| Lumentum Holdings | LITE | 0.41% |
| Ciena Corporation | CIEN | 0.41% |
| DISH Network | DISH | 0.41% |
| Motorola Solutions | MSI | 0.40% |
| T-Mobile US | TMUS | 0.40% |
| Verizon | VZ | 0.40% |
| Roku, Inc | ROKU | 0.40% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2021 | $0.195 | Mar 31, 2021 |
| Dec 21, 2020 | $0.175 | Dec 31, 2020 |
| Sep 21, 2020 | $0.143 | Sep 30, 2020 |
| Jun 22, 2020 | $0.152 | Jun 30, 2020 |
| Mar 23, 2020 | $0.165 | Mar 31, 2020 |
| Dec 23, 2019 | $0.193 | Dec 31, 2019 |
Style Box ETF report for EQAL
At a time when a small amount of stocks are increasingly prominent in cap-weighted benchmarks, equal-weight exchange traded funds are important for investors looking to mitigate single stock risk while ...