EQWL
Invesco S&P 100 Equal Weight ETF
📎 Investment Objective
The Invesco S&P 100 Equal Weight ETF (EQWL) seeks to track the investment results of an index that measures the performance of the 100 largest U.S. publicly traded companies, with each company receiving an equal weighting.
Overview
ETF tracking Invesco S&P 100 Equal Weight ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P 100 Equal Weight ETF (EQWL) seeks to track the investment results of an index that measures the performance of the 100 largest U.S. publicly traded companies, with each company receiving an equal weighting.
🎯 Investment Strategy
The fund employs a sampling strategy to track the S&P 100 Equal Weight Index, holding a representative sample of securities in the index. The portfolio is rebalanced quarterly to maintain the equal weighting of the index constituents.
✨ Key Features
- Provides exposure to the 100 largest U.S. companies with an equal weighting approach
- Aims to offer diversification across sectors and reduce concentration risk
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Concentration risk: The equal weighting approach may result in higher exposure to certain sectors or industries
- Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price
- Tracking error risk: The fund may not perfectly track the underlying index
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the largest U.S. companies with a focus on diversification and reduced concentration risk. It may be appropriate as a core holding in a diversified portfolio, particularly for investors with a long-term investment horizon.