EQAL - Invesco Russell 1000 Equal Weight ETF

Equity - US Equity

Product Details

The Invesco Russell 1000 Equal Weight ETF (the "Fund") is based on the Russell 1000® Equal Weight Index (the "Index"). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is composed of securities in the Russell 1000® Index and is equally weighted across nine sector groups with each security within the sector receiving equal weight. The Fund and Index are re-weighted at the close of the close of third Friday in March, September, and December. It is also re-weighted at the close of the last Friday in June when the Russell 1000 is reconstituted.

as of 10/31/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Equal Weight Index 16.66 7.37 10.02 7.16 N/A 6.94
Russell 1000 Index 23.09 14.15 14.73 10.55 13.72 10.12
Fund History (%)
Fund NAV 16.58 7.31 9.86 N/A N/A 6.75
After Tax Held 16.05 6.71 9.41 N/A N/A 6.34
After Tax Sold 9.82 4.39 7.58 N/A N/A 5.20
Fund Market Price 16.97 7.14 9.79 N/A N/A 6.71
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Equal Weight Index 16.18 -1.68 8.71 7.56 N/A 6.97
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 9.82
Fund History (%)
Fund NAV 16.07 -1.76 8.55 N/A N/A 6.77
After Tax Held 15.55 -2.31 8.10 N/A N/A 6.36
After Tax Sold 9.52 -0.99 6.54 N/A N/A 5.22
Fund Market Price 16.61 -1.76 8.51 N/A N/A 6.76

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 Fund inception and ending 09/30/2019. Fund performance shown at NAV.

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 The results assume that no cash was added to or assets withdrawn from the Index.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 11/12/2019

Sector Allocation

Sector Percent of Fund
Industrials 13.13%
Information Technology 12.62%
Health Care 11.88%
Consumer Staples 10.68%
Energy 10.31%
Materials 9.62%
Utilities 8.84%
Consumer Discretionary 7.92%
Financials 6.71%
Communication Services 4.74%
Real Estate 3.55%
as of 11/11/2019

Market Cap & Style Allocations

Large-Cap Value 14.09%
Large-Cap Blend 11.88%
Large-Cap Growth 8.59%
Mid-Cap Value 19.59%
Mid-Cap Blend 19.49%
Mid-Cap Growth 15.26%
Small-Cap Value 6.01%
Small-Cap Blend 3.10%
Small-Cap Growth 1.99%

as of 11/12/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PBF PBF Energy Inc 0.31
MPC Marathon Petroleum Corp 0.29
KOS Kosmos Energy Ltd 0.29
VLO Valero Energy Corp 0.29
AES AES Corp/VA 0.28
MUR Murphy Oil Corp 0.28
PSX Phillips 66 0.28
HES Hess Corp 0.27
PPL PPL Corp 0.27
HAIN Hain Celestial Group Inc/The 0.27

Distributions | HideView 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 0.15377 0.15377 - - -
06/24/2019 06/25/2019 06/28/2019 0.13064 0.13064 - - -
03/18/2019 03/19/2019 03/29/2019 0.07396 0.07396 - - -
12/24/2018 12/26/2018 12/31/2018 0.13000 0.13000 - - -
09/24/2018 09/25/2018 09/28/2018 0.14576 0.14576 - - -
06/18/2018 06/19/2018 06/29/2018 0.10798 0.10798 - - -
03/19/2018 03/20/2018 03/29/2018 0.06957 0.06957 - - -
12/18/2017 12/19/2017 12/29/2017 0.13913 0.13913 - - -
09/18/2017 09/19/2017 09/29/2017 0.11199 0.11199 - - -
06/16/2017 06/20/2017 06/30/2017 0.09029 0.09029 - - -
03/17/2017 03/21/2017 03/31/2017 0.02591 0.02591 - - -
12/16/2016 12/20/2016 12/30/2016 0.16828 0.16828 - - -
09/16/2016 09/20/2016 09/30/2016 0.08070 0.08070 - - -
06/17/2016 06/21/2016 06/30/2016 0.11035 0.11035 - - -
03/18/2016 03/22/2016 03/31/2016 0.06265 0.06265 - - -
12/18/2015 12/22/2015 12/31/2015 0.16854 0.16854 - - -
09/18/2015 09/22/2015 09/30/2015 0.09088 0.09088 - - -
06/19/2015 06/23/2015 06/30/2015 0.09090 0.09090 - - -
03/20/2015 03/24/2015 03/31/2015 0.03686 0.03686 - - -

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 30 0 0 0 0 0
03/31/2019 61 31 0 0 0 0 0
12/31/2018 63 35 0 0 0 0 0
09/30/2018 63 45 0 0 0 0 0
Year Ended 2018 251 152 1 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 34 0 0 0 0 0
03/31/2019 61 30 0 0 0 0 0
12/31/2018 63 26 2 0 0 0 0
09/30/2018 63 18 0 0 0 0 0
Year Ended 2018 251 96 2 0 0 0 0

Fund Inception : 12/23/2014

 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.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

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 Russell 1000® Index is an unmanaged index considered representative of large-cap stocks. The Russell 1000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The Russell 1000® Equal Weight Index is a trademark of Frank Russell Company and has been licensed for use by Invesco. The Product is not sponsored, endorsed, sold or promoted by Frank Russell Company and Frank Russell Company makes no representation regarding the advisability of investing in the Product.

Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs. ETFs disclose their full portfolio holdings daily.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 11/12/2019
4:15 PM EST

EQAL
Intraday Stats

  • Last Trade $32.87
  • Current IIV $32.85
  • Change $0.02
  • % Change 0.06%
as of 11/12/2019
  • NAV at market close $32.85
as of 11/12/2019

Fund Yield

  • SEC 30 Day Yield 1.75%
  • 12 Month Distribution Rate 1.49%
  • 30-Day SEC Unsubsidized Yield
    as of 11/12/2019
    1.75%
as of 11/12/2019

Prior Close

  • Closing Price $32.85
  • Bid/Ask Midpoint $32.85
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 18.50
  • Forward Price/Earnings Ratio 17.10
  • Price/Book Ratio1 2.06
  • ROE2 19.23%
  • Avg Market Cap2 $30,631MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker EQAL
  • CUSIP # 46138E420
  • ISIN US46138E4200
  • Intraday NAV EQALIV
  • Index Ticker RU1ELCTR
  • Index Provider Russell
  • Management Fee 0.20%
  • Total Expense Ratio 0.20%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE
  • Inception Date 12/23/2014
  • # of Holdings 986
    as of 11/12/2019
as of 11/12/2019

Quick Facts

  • Previous Close $32.85
  • Open $32.86
  • Today's High $33.00
  • Today's Low $32.81
  • Today's Volume 34,355
  • 28,098 30-Day Avg Trading
    Volume
  • 52 Week High $33.24
  • 52 Week Low $26.26
  • Shares Outstanding 17.55MM
  • Market Value $576.6MM