Invesco Russell 1000 Equal Weight ETF
$58.50+0.02 (+0.03%)
- 0.20%
- $812M
- +16.9%
- 1.73%
- 0M sh
- $58.64
- low $49.86high $62.03
The ETF.net EQAL Grade
A
Score 70 out of 100
- 3 of 9
Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B62 out of 100Rank 3 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 3 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 7 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 3 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 4 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 3 of 9
Our read on EQAL
AMost equal-weight funds flatten the stocks and let sector weights land wherever the stock count falls. EQAL flattens the sectors first, then the names inside each one, across roughly 1,000 US large and mid caps.
The Fund seeks to track, before fees and expenses, the Russell 1000 Equal Weight Index by investing primarily in securities that comprise its underlying index.
Why people hold it
- Two layers of leveling: nine sector groups each get the same slice, then every stock inside a sector gets the same slice. Sector concentration is reset by design, not inherited from the parent index.invesco.com
- Roughly 1,000 holdings drawn from the Russell 1000, so the portfolio reaches well past the mega-cap tier and no handful of giants sets the tone.
- A 0.20% expense ratio, right at the middle of the equal-weight group, on a methodology this fund has run since its 2014 launch.
- The portfolio hews tightly to the equal-weight mandate it advertises, and the fund sits in the upper half of its peer group overall.
Worth knowing
- Thinly traded next to the household names of equal weight. Spreads and limit orders matter more here than in a heavily traded fund.
- Cheaper equal-weight large-cap options exist: GSEW and EUSA both charge 0.09%, less than half of EQAL's fee.
- Flattening sectors and stocks means the fund keeps trimming what has run and adding to what has lagged, and it carries more mid-cap exposure than a cap-weighted large-cap fund.invesco.com
EQAL Holdings
- Stocks
- 1,013
- 5%
- CIEN
Sectors
- Technology15.2%
- Health Care10.4%
- Industrials10.4%
- Real Estate9.1%
- Financials8.9%
- Consumer Staples8.2%
- Utilities8.1%
- Consumer Discretionary7.9%
- Energy7.8%
- Materials7.6%
- Communication6.3%
Geography
- United States95.96%
- United Kingdom0.84%
- Bermuda0.74%
- Ireland0.64%
- Luxembourg0.36%
- Switzerland0.31%
- Netherlands0.28%
- Cayman Islands0.22%
- 0.65%
EQAL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EQAL$11,686
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EQAL |
|---|---|
| Year to date | +12.6% |
| 1 month | −1.8% |
| 3 months | −0.8% |
| 1 year | +16.9% |
| 3 years | +16.3% |
| 5 years | +7.0% |
| 10 years | +10.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EQAL |
|---|---|---|
| 2026 YTD | +12.6% | |
| 2025 | +11.0% | |
| 2024 | +11.4% | |
| 2023 | +12.0% | |
| 2022 | −13.5% | |
| 2021 | +23.1% | |
| 2020 | +16.6% |
EQAL in the news
EQAL Dividends
- 1.73%
- $1.01
- $0.27 per share
- Quarterly
Distribution history
EQAL Risk
- 13.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EQAL Cost
0.20%
EQAL0.20%
- The middle half of US Equal Weight funds
- Median 0.20%
3 of the 9 US Equal Weight funds charge less.
Other funds in US Equal Weight
- AEUSAiShares MSCI USA Equal Weighted ETFExpense ratio 0.09%1 year return +15.3%
- AGSEWGoldman Sachs Equal Weight U.S. Large Cap Equity ETFExpense ratio 0.09%1 year return +16.5%
- BEQLALPS Equal Sector Weight ETFExpense ratio 0.19%1 year return +16.3%
- BDFVEDoubleLine Fortune 500 Equal Weight ETFExpense ratio 0.20%1 year return +18.5%
- BEQWLInvesco S&P 100 Equal Weight ETFExpense ratio 0.30%1 year return +18.4%