EQWL - Invesco S&P 100 Equal Weight ETF

Equity - US Equity

Product Details

The Invesco S&P 100 Equal Weight ETF (Fund) is based on the S&P 100 Equal Weight Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is an equal-weight version of the S&P 100® Index. The Fund and the Index are rebalanced quarterly.

as of 09/30/2019

Morningstar Rating

Overall Rating - Large Blend Category

As of 09/30/2019 the Fund had an overall rating of 4 stars out of 1222 funds and was rated 4 stars out of 1222 funds, 4 stars out of 1086 funds and 4 stars out of 825 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2019 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

as of 09/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P 100 Equal Weight Index 18.50 3.41 11.83 9.30 13.03 N/A
S&P 100 Index 19.96 3.81 13.53 10.75 12.92 8.13
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 8.39
Russell Top 200 Equal Weight Index 19.29 4.50 13.66 N/A N/A N/A
S&P 100 Equal Weight Index 18.50 3.41 11.83 9.30 13.03 N/A
S&P 100 Index 19.96 3.81 13.53 10.75 12.92 8.13
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 8.39
Russell Top 200 Equal Weight Index 19.29 4.50 13.66 N/A N/A N/A
Fund History (%)
Fund NAV 19.09 4.31 13.37 10.32 12.93 8.51
After Tax Held 18.35 3.48 12.75 9.76 12.45 8.10
After Tax Sold 11.30 2.63 10.31 8.05 10.73 6.97
Fund Market Price 19.71 4.32 13.36 10.30 12.94 8.50
Fund NAV 19.09 4.31 13.37 10.32 12.93 8.51
After Tax Held 18.35 3.48 12.75 9.76 12.45 8.10
After Tax Sold 11.30 2.63 10.31 8.05 10.73 6.97
Fund Market Price 19.71 4.32 13.36 10.30 12.94 8.50

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2019

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2019. Fund performance shown at NAV.

Russell Top 200® Equal Weight Index* performance prior to 6/16/2011 reflects that of the original Underlying Index, Dynamic Large Cap Intellidex Index. From 6/16/2011 to 5/22/2015, performance reflects that of the previous Underlying Index, RAFI Fundamental Large Core Index. From 5/22/2015 forward, performance reflects that of the Underlying Index, Russell Top 200® Equal Weight Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 10/11/2019

Sector Allocation

as of 10/11/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
AAPL Apple Inc 1.10
NKE NIKE Inc 1.10
PM Philip Morris International Inc 1.09
ORCL Oracle Corp 1.08
NEE NextEra Energy Inc 1.07
ABBV AbbVie Inc 1.07
BMY Bristol-Myers Squibb Co 1.07
TGT Target Corp 1.06
AMGN Amgen Inc 1.05
WMT Walmart Inc 1.04

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.34768 0.34768 - - -
06/24/2019 06/25/2019 06/28/2019 0.29625 0.29625 - - -
03/18/2019 03/19/2019 03/29/2019 0.22486 0.22486 - - -
12/24/2018 12/26/2018 12/31/2018 0.33863 0.33863 - - -
09/24/2018 09/25/2018 09/28/2018 0.29871 0.29871 - - -
06/18/2018 06/19/2018 06/29/2018 0.28214 0.28214 - - -
03/19/2018 03/20/2018 03/29/2018 0.16664 0.16664 - - -
12/18/2017 12/19/2017 12/29/2017 0.26162 0.26162 - - -
09/18/2017 09/19/2017 09/29/2017 0.19310 0.19310 - - -
06/16/2017 06/20/2017 06/30/2017 0.22039 0.22039 - - -
12/16/2016 12/20/2016 12/30/2016 0.35723 0.35723 - - -
09/16/2016 09/20/2016 09/30/2016 0.20263 0.20263 - - -
06/17/2016 06/21/2016 06/30/2016 0.19448 0.19448 - - -
03/18/2016 03/22/2016 03/31/2016 0.11201 0.11201 - - -
12/18/2015 12/22/2015 12/31/2015 0.24726 0.24726 - - -
09/18/2015 09/22/2015 09/30/2015 0.18682 0.18682 - - -
06/19/2015 06/23/2015 06/30/2015 0.22345 0.22345 - - -
03/20/2015 03/24/2015 03/31/2015 0.13058 0.13058 - - -
12/19/2014 12/23/2014 12/31/2014 0.25040 0.25040 - - -
09/19/2014 09/23/2014 09/30/2014 0.16521 0.16521 - - -
06/20/2014 06/24/2014 06/30/2014 0.16113 0.16113 - - -
03/21/2014 03/25/2014 03/31/2014 0.13001 0.13001 - - -
12/20/2013 12/24/2013 12/31/2013 0.16196 0.16196 - - -
09/20/2013 09/24/2013 09/30/2013 0.14115 0.14115 - - -
06/21/2013 06/25/2013 06/28/2013 0.14038 0.14038 - - -
03/15/2013 03/19/2013 03/28/2013 0.13511 0.13511 - - -
12/21/2012 12/26/2012 12/31/2012 0.22117 0.22117 - - -
09/21/2012 09/25/2012 09/28/2012 0.15942 0.15942 - - -
06/15/2012 06/19/2012 06/29/2012 0.17302 0.17302 - - -
03/16/2012 03/20/2012 03/30/2012 0.11752 0.11752 - - -
12/16/2011 12/20/2011 12/30/2011 0.17849 0.17849 - - -
09/16/2011 09/20/2011 09/30/2011 0.18141 0.18141 - - -
06/17/2011 06/21/2011 06/30/2011 0.17339 0.17339 - - -
12/17/2010 12/21/2010 12/31/2010 0.21992 0.21992 - - -
09/17/2010 09/21/2010 09/30/2010 0.06343 0.06343 - - -
06/18/2010 06/22/2010 06/30/2010 0.08592 0.08592 - - -
12/18/2009 12/22/2009 12/31/2009 0.08358 0.08358 - - -
09/18/2009 09/22/2009 09/30/2009 0.06765 0.06765 - - -
06/19/2009 06/23/2009 06/30/2009 0.15675 0.15675 - - -
12/19/2008 12/23/2008 12/31/2008 0.07573 0.07573 - - -
09/19/2008 09/23/2008 09/30/2008 0.07575 0.07575 - - -
06/20/2008 06/24/2008 06/30/2008 0.10765 0.10765 - - -
03/20/2008 03/25/2008 03/31/2008 0.01231 0.01231 - - -
12/21/2007 12/26/2007 12/31/2007 0.04532 0.04532 - - -
09/21/2007 09/25/2007 09/28/2007 0.06897 0.06897 - - -
06/15/2007 06/19/2007 06/29/2007 0.08510 0.08510 - - -
03/16/2007 03/20/2007 03/30/2007 0.05700 0.05700 - - -
12/15/2006 12/19/2006 12/29/2006 0.01958 0.01958 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 23 0 0 0 0 0
03/31/2019 61 21 0 0 0 0 0
12/31/2018 63 33 0 0 0 0 0
09/30/2018 63 31 0 0 0 0 0
Year Ended 2018 251 127 2 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 41 0 0 0 0 0
03/31/2019 61 39 1 0 0 0 0
12/31/2018 63 27 2 1 0 0 0
09/30/2018 63 32 0 0 0 0 0
Year Ended 2018 251 119 2 1 0 0 0

Fund Inception: 12/01/2006

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The S&P 100® Index measures the performance of 100 major, US, large-cap, blue chip companies across multiple industry groups.

The Dynamic Large Cap Intellidex℠ Index is designed to objectively identify those stocks within a particular market segment that have the greatest potential for capital appreciation. The RAFI Fundamental Large Core Index is composed of common stocks of large core US companies based on fundamental weight. The Russell Top 200 Equal Weight Index is designed to provide equal-weight exposure to the securities of the largest 200 companies in the US equity market. The Russell 1000® Index is an unmanaged index considered representative of large-cap stocks. Russell is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The S&P 100® Equal Weight Index (the underlying index) is a product of S&P Dow Jones Indices LLC (SPDJI) and has been licensed for use by Invesco Capital Management LLC and its affiliates. Standard & Poor's®, S&P 100®, S&P 500®, and S&P® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); these trademarks have been sublicensed for certain use by Invesco Capital Management LLC and its affiliates. Invesco S&P 100® Equal Weight ETF is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates collectively. S&P Dow Jones Indices and S&P Dow Jones Indices makes no representation regarding the advisability of investing in Invesco S&P 100® Equal Weight ETF.

as of 10/11/2019
4:15 PM EST

EQWL
Intraday Stats

  • Last Trade $56.82
  • Current IIV $56.78
  • Change $0.66
  • % Change 1.18%
as of 10/11/2019
  • NAV at market close $56.78

as of 10/11/2019

Fund Yield

  • SEC 30 Day Yield 2.38%
  • Distribution Rate 2.45%
  • 12 Month Distribution Rate 2.13%
  • 30-Day SEC Unsubsidized Yield
    as of 10/10/2019
    2.24%
as of 10/11/2019

Prior Close

  • Closing Price $56.16
  • Bid/Ask Midpoint $56.82
  • Bid/Ask Prem/Disc $0.04
  • Bid/Ask Prem/Disc 0.07%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 15.51
  • Forward Price/Earnings Ratio 14.50
  • Price/Book Ratio1 2.61
  • ROE2 49.54%
  • Avg Market Cap2 $167,242MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker EQWL
  • CUSIP # 46137V449
  • ISIN US46137V4499
  • Intraday NAV EQWLIV
  • Index Ticker SPOEXEUT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.25%
  • Total Expense Ratio 0.42%
  • Fee Waiver 0.17%
  • Net Expense Ratio 0.25%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 12/01/2006
  • # of Holdings 101
    as of 10/11/2019
as of 10/11/2019

Quick Facts

  • Previous Close $56.16
  • Open $57.07
  • Today's High $57.23
  • Today's Low $56.82
  • Today's Volume 5,627
  • 1,595 30-Day Avg Trading
    Volume
  • 52 Week High $58.37
  • 52 Week Low $45.91
  • Shares Outstanding 1.05MM
  • Market Value $59.6MM