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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
76.04
+0.24 (0.32%)
Jul 9, 2025, 4:00 PM EDT
5.23%
Fund Assets 6.64B
Expense Ratio 0.52%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 6.28
Dividend Yield 7.83%
Dividend Growth 93.88%
Payout Frequency Annual
Ex-Dividend Date Dec 16, 2024
Previous Close 75.80
YTD Return 6.23%
1-Year Return 14.17%
5-Year Return 93.33%
52-Week Low 62.72
52-Week High 82.88
Beta (5Y) n/a
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
Stock Exchange NASDAQ
Ticker Symbol VADAX
Share Class Class A
Index S&P 500 TR

Performance

VADAX had a total return of 14.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.95%.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FDGTX Fidelity Fidelity Advisor Dividend Growth Fund - Class M 1.34%
FDGIX Fidelity Fidelity Advisor Dividend Growth Fund - Class I 0.85%
FMILX Fidelity Fidelity New Millennium Fund 0.76%
FDGKX Fidelity Fidelity Dividend Growth Fund - Class K 0.49%
FZADX Fidelity Fidelity Advisor Dividend Growth Fund - Class Z 0.71%

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 0.27%
VADRX Class R 0.77%
VADCX Class C 1.27%

Top 10 Holdings

4.04% of assets
Name Symbol Weight
E-Min S&P 500 Ewf Jun25lwem5 n/a 1.07%
Short-Term Investment Trust - Invesco Treasury Portfolio TRPXX 0.61%
Short-Term Investment Trust - Invesco Government & Agency Portfolio AGPXX 0.33%
NRG Energy, Inc. NRG 0.32%
GE Vernova Inc. GEV 0.30%
Palantir Technologies Inc. PLTR 0.30%
The Mosaic Company MOS 0.28%
Dollar Tree, Inc. DLTR 0.28%
Ulta Beauty, Inc. ULTA 0.27%
Amphenol Corporation APH 0.27%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Dec 13, 2019 $2.8542 Dec 13, 2019
Full Dividend History