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Trending ETFs

Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$46.01

$610 M

1.61%

$0.74

0.20%

Vitals

YTD Return

4.8%

1 yr return

16.8%

3 Yr Avg Return

2.4%

5 Yr Avg Return

9.6%

Net Assets

$610 M

Holdings in Top 10

18.8%

52 WEEK LOW AND HIGH

$46.1
$37.43
$46.19

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$46.01

$610 M

1.61%

$0.74

0.20%

EQAL - Profile

Distributions

  • YTD Total Return 4.8%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 9.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.49%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco Russell 1000 Equal Weight ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Dec 23, 2014
  • Shares Outstanding
    17075001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, FTSE Russell (the “Index Provider”) compiles, maintains, and calculates the Underlying Index, which is designed to measure the performance of approximately 1000 equally-weighted securities. The Underlying Index is comprised of all of the securities in the Russell 1000® Index (the “Russell 1000”), 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.
The Underlying Index is constructed by applying a three-step process. First, the Index Provider assigns each component security of the Russell 1000 to an industry based on the Industry Classification Benchmark (the “ICB”) classification system. The ICB classification system is composed of 11 economic industries: basic materials, consumer discretionary, consumer staples, energy, financials, health care, industrials, real estate, technology, telecommunications and utilities. Second, once the component securities are assigned to an industry, the Index Provider allocates an equal weight to each industry and then assigns an equal weight to each constituent security within each industry. Third, the Index Provider then applies a “capacity
screen” to the Underlying Index to eliminate securities of companies with limited “free float” (i.e., companies with a limited amount of shares publicly available in the market).
The Underlying Index also may include securities of mid-cap issuers. Therefore, due to the equal weighting methodology of the Underlying Index, the Fund may have greater exposure to mid-cap issuers than would be the case if the Underlying Index used a traditional capitalization-weighted methodology.
As of October 31, 2023, the Underlying Index was comprised of 994securities with market capitalizations ranging from $451.5million to $2.7trillion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.
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EQAL - Performance

Return Ranking - Trailing

Period EQAL Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -6.8% 23.5% 88.12%
1 Yr 16.8% -0.5% 51.5% 86.19%
3 Yr 2.4%* -19.4% 19.1% 83.76%
5 Yr 9.6%* -0.5% 22.7% 73.60%
10 Yr N/A* 2.3% 13.1% 57.79%

* Annualized

Return Ranking - Calendar

Period EQAL Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -12.9% 28.8% 74.72%
2022 -15.1% -52.6% 20.1% 20.45%
2021 21.4% -43.8% 32.4% 21.71%
2020 14.1% -10.6% 82.1% 22.02%
2019 22.5% -8.5% 37.5% 56.47%

Total Return Ranking - Trailing

Period EQAL Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -6.8% 23.5% 88.12%
1 Yr 16.8% -0.5% 51.5% 86.19%
3 Yr 2.4%* -19.4% 19.1% 83.76%
5 Yr 9.6%* -0.5% 22.7% 73.60%
10 Yr N/A* 2.3% 13.1% N/A

* Annualized

Total Return Ranking - Calendar

Period EQAL Return Category Return Low Category Return High Rank in Category (%)
2023 12.0% 1.2% 31.3% 81.11%
2022 -13.5% -45.7% 21.1% 36.41%
2021 23.1% -30.2% 52.8% 59.71%
2020 16.6% -8.4% 84.3% 26.19%
2019 24.5% 1.0% 43.4% 80.13%

EQAL - Holdings

Concentration Analysis

EQAL Category Low Category High EQAL % Rank
Net Assets 610 M 728 K 160 B 43.09%
Number of Holdings 998 1 2667 1.38%
Net Assets in Top 10 111 M 155 K 11.7 B 45.30%
Weighting of Top 10 18.78% 4.3% 100.0% 60.11%

Top 10 Holdings

  1. Invesco Private Prime Fund 10.59%
  2. Invesco Private Government Fund 4.10%
  3. Arista Networks, Inc. 0.58%
  4. Juniper Networks, Inc. 0.58%
  5. Ciena Corp. 0.56%
  6. Lumentum Holdings Inc. 0.50%
  7. T-Mobile US, Inc. 0.47%
  8. Verizon Communications Inc. 0.47%
  9. Frontier Communications Parent Inc. 0.46%
  10. Motorola Solutions, Inc. 0.46%

Asset Allocation

Weighting Return Low Return High EQAL % Rank
Stocks
99.85% 14.60% 101.42% 10.22%
Cash
14.70% 0.00% 27.80% 1.38%
Preferred Stocks
0.00% 0.00% 14.30% 85.08%
Other
0.00% -1.04% 23.02% 86.74%
Convertible Bonds
0.00% 0.00% 1.78% 85.08%
Bonds
0.00% 0.00% 62.14% 85.08%

Stock Sector Breakdown

Weighting Return Low Return High EQAL % Rank
Technology
13.92% 0.00% 40.65% 73.13%
Healthcare
9.46% 0.00% 24.06% 63.43%
Energy
9.23% 0.00% 58.13% 9.70%
Financial Services
9.17% 0.00% 46.10% 91.69%
Utilities
9.07% 0.00% 18.97% 9.97%
Basic Materials
8.80% 0.00% 16.35% 4.43%
Industrials
8.78% 0.00% 45.89% 92.24%
Real Estate
8.63% 0.00% 25.82% 43.77%
Consumer Defense
8.51% 0.00% 32.18% 10.80%
Consumer Cyclical
7.87% 2.49% 46.48% 83.38%
Communication Services
6.56% 0.00% 30.98% 7.48%

Stock Geographic Breakdown

Weighting Return Low Return High EQAL % Rank
US
99.85% 14.60% 101.42% 7.73%
Non US
0.00% 0.00% 10.11% 85.36%

EQAL - Expenses

Operational Fees

EQAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.03% 19.40% 90.53%
Management Fee 0.20% 0.00% 1.50% 15.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

EQAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

EQAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EQAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 304.00% 29.44%

EQAL - Distributions

Dividend Yield Analysis

EQAL Category Low Category High EQAL % Rank
Dividend Yield 1.61% 0.00% 29.78% 28.45%

Dividend Distribution Analysis

EQAL Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Annual Annual

Net Income Ratio Analysis

EQAL Category Low Category High EQAL % Rank
Net Income Ratio 1.49% -2.06% 3.38% 3.33%

Capital Gain Distribution Analysis

EQAL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

EQAL - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Dec 23, 2014

7.44

7.4%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Tony Seisser


Start Date

Tenure

Tenure Rank

Dec 23, 2014

7.44

7.4%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Michael Jeanette


Start Date

Tenure

Tenure Rank

Dec 23, 2014

7.44

7.4%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Pratik Doshi


Start Date

Tenure

Tenure Rank

Dec 20, 2019

2.45

2.5%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 38.44 7.26 5.78