EUSA
iShares MSCI USA Equal Weighted ETF
📎 Investment Objective
The iShares MSCI USA Equal Weighted ETF (EUSA) seeks to track the performance of an index composed of U.S. large- and mid-capitalization stocks, where each stock is weighted equally regardless of its market capitalization.
Overview
ETF tracking iShares MSCI USA Equal Weighted ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI USA Equal Weighted ETF (EUSA) seeks to track the performance of an index composed of U.S. large- and mid-capitalization stocks, where each stock is weighted equally regardless of its market capitalization.
🎯 Investment Strategy
EUSA attempts to replicate the performance of the MSCI USA Equal Weighted Index by investing in a representative sample of the index's constituent securities. The fund employs a passive management approach, investing in the same securities and in the same proportions as the underlying index.
✨ Key Features
- Equal-weighted index exposure to the U.S. large- and mid-cap equity market
- Diversified portfolio of approximately 500 stocks, with each holding representing an equal percentage of the fund
- Low expense ratio of 0.00%
- Potential for reduced concentration risk compared to market-cap weighted indexes
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market and economic conditions
- Equity risk: The fund is subject to the risks associated with investing in the U.S. equity market
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Liquidity risk: Some of the fund's holdings may have limited liquidity, which could impact the fund's ability to sell them
👤 Best For
EUSA may be suitable for investors seeking broad exposure to the U.S. large- and mid-cap equity market with a focus on equal weighting. The fund's diversification and low expense ratio may appeal to investors looking for a cost-effective way to gain exposure to the U.S. stock market. However, investors should be aware of the fund's risks, including market and equity risks, and should consider their investment objectives, time horizon, and risk tolerance before investing.