Invesco Equally-Weighted S&P 500 Fund Class A (VADAX)

Fund Assets	7.36B
Expense Ratio	0.53%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	7.35
Dividend Yield	8.25%
Dividend Growth	17.09%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	84.23
YTD Return	17.00%
1-Year Return	20.37%
5-Year Return	53.26%
52-Week Low	70.94
52-Week High	84.24
Beta (5Y)	1.16
Holdings	508
Inception Date	Jul 28, 1997

About VADAX

The Invesco Equally-Weighted S&P 500 Fund Class A is an open-ended mutual fund designed to provide investors with diversified exposure to large-cap U.S. equities. Unlike traditional funds tracking the S&P 500, this fund allocates approximately equal weight to each constituent of the S&P 500 Index, thereby reducing concentration risk associated with mega-cap stocks and offering greater representation to mid-sized and smaller S&P 500 companies. The fund is rebalanced quarterly, which helps maintain equal weights and may naturally drive a tilt toward value-oriented and smaller-cap stocks over time. This structure can lead to differentiation in performance versus the capitalization-weighted S&P 500, particularly during periods when broader market participation outpaces gains led by the largest firms. The fund seeks total return through both capital growth and current income, and covers a wide range of sectors, making it suitable for investors seeking a diversified, index-based U.S. equity strategy with less exposure to the largest market constituents.

• Fund Family: Invesco
• Category: Large Blend
• Performance Rating: Low
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VADAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

VADAX had a total return of 20.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.34%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FMILX	Fidelity	Fidelity New Millennium Fund	0.76%
FDGKX	Fidelity	Fidelity Dividend Growth K	0.80%
FDGFX	Fidelity	Fidelity Dividend Growth Fund	0.88%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VADFX	Class R6	0.18%
VADDX	Class Y	0.28%
VADRX	Class R	0.78%
VADCX	Class C	1.27%

Top 10 Holdings

3.66% of assets

Name	Symbol	Weight
E-Min S&P 500 Ewf Sep26lweu6	n/a	0.90%
Invesco Shrt-Trm Inv Treasury Instl	TRPXX	0.54%
Moderna, Inc.	MRNA	0.29%
Corning Incorporated	GLW	0.29%
Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class	AGPXX	0.29%
Applied Materials, Inc.	AMAT	0.28%
KLA Corporation	KLAC	0.27%
Teradyne, Inc.	TER	0.27%
Sandisk Corporation	SNDK	0.27%
GE Vernova Inc.	GEV	0.26%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$7.3499	Dec 18, 2025
Dec 16, 2024	$6.2774	Dec 16, 2024
Dec 15, 2023	$3.2378	Dec 15, 2023
Dec 16, 2022	$5.421	Dec 16, 2022
Dec 16, 2021	$7.7119	Dec 16, 2021
Dec 11, 2020	$4.1698	Dec 11, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 17, 2026

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