Invesco Russell 1000 Equal Weight ETF
$58.45−0.45 (−0.76%)
- Expense ratio
- 0.20%
- Fund size
- $815M
- 1Y return
- +15.7%
- Yield · Last 12 months
- 1.72%
- Holdings
- 1011
- Volume · 30D
- 0M sh
- NAV per share
- $58.87
- 52W range
The ETF.net EQAL Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 62Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 63Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 77Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
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
- 1,011
- 5%
- CHTR
Sectors
- Technology14.5%
- Health Care11.1%
- Financials9.4%
- Industrials9.2%
- Energy9.1%
- Real Estate8.9%
- Cons. Staples8.4%
- Materials7.7%
- Consumer Discr.7.5%
- Utilities7.5%
- Communication6.7%
Geography
- United States96.02%
- United Kingdom0.80%
- Bermuda0.75%
- Ireland0.68%
- Luxembourg0.44%
- Netherlands0.28%
- Switzerland0.26%
- Cayman Islands0.17%
- 0.60%
EQAL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +13.4% |
| 1 month | −4.1% |
| 3 months | +1.5% |
| 1 year | +15.7% |
| 3 years | +15.7% |
| 5 years | +7.5% |
| 10 years | +10.3% |
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 | +13.4% | |
| 2025 | +11.0% | |
| 2024 | +11.4% | |
| 2023 | +12.0% | |
| 2022 | −13.5% | |
| 2021 | +23.1% | |
| 2020 | +16.6% |
EQAL in the news
ETF.net Research hasn’t filed on EQAL yet — coverage lands here as it’s written.
EQAL Dividends
- 1.72%
- $1.01
- $0.27 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.27 |
| Jun 22, 2026 | Jun 26, 2026 | $0.25 |
| Mar 23, 2026 | Mar 27, 2026 | $0.25 |
| Dec 22, 2025 | Dec 26, 2025 | $0.25 |
| Sep 22, 2025 | Sep 26, 2025 | $0.26 |
| Jun 23, 2025 | Jun 27, 2025 | $0.21 |
| Mar 24, 2025 | Mar 28, 2025 | $0.23 |
| Dec 23, 2024 | Dec 27, 2024 | $0.21 |
| Sep 23, 2024 | Sep 27, 2024 | $0.22 |
| Jun 24, 2024 | Jun 28, 2024 | $0.17 |
| Mar 18, 2024 | Mar 22, 2024 | $0.19 |
| Dec 18, 2023 | Dec 22, 2023 | $0.21 |
EQAL Risk
- 13.3%
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.
- 0.79
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
- The middle half of US Equal Weight funds
- Median 0.20%
3 of the 9 US Equal Weight funds charge less.