Invesco S&P 500 Equal Weight ETF ETF.com segment: Equity: U.S. - Large Cap Competing ETFs: EQAL, EQL, EQWL, GSEW, EDOW Related ETF Channels: North America, Equal-Weighted, Smart-Beta ETFs, Large Cap, U.S., Broadbased, Equity, Size and Style Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. A 73 FUND DESCRIPTION The Invesco S&P 500 Equal Weight ETF tracks an equal-weighted index of S&P 500 companies. FACTSET ANALYTICS INSIGHT Probably the best-known equal-weighted ETF, simply takes all the stocks in the S&P 500 and weights them equally. Equal weighting greatly increases the footprint of smaller S&P 500 stocks (many of which we consider to be midcaps), which results in higher beta for the portfolio. However, equal weighting also lowers concentration, reducing blow-up risk from any one name. While one should expect some sector biases here as well, does not equal-weight sectors as some peer equal-weight ETFs do. Quarterly rebalancing implements the contrarian theme baked into all equal-weight plays: sell winners and buy losers. charges more than most plainvanilla funds, but its fee (cut in half in June 2017) is significantly lower than many altweighted peers. Strong tracking and excellent liquidity keep real-world, round-trip costs low. The fund has hefty AUM and a long history. SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings Invesco 04/24/03 Open-Ended Fund 0.20% $16.11B $62.70M $50.73B 23.78 2.88 1.66% 09/21/18 498 INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology S&P 500 Equal Weight Index Equal Committee MSCI USA Large Cap Index
1 Year Daily Price ($) 110.00 105.00 100.00 95.00 Oct Nov Dec `18 Feb Mar Apr May Jun Jul Aug Sep 4M PERFORMANCE [as of 09/25/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 0.83% 5.30% 7.29% 15.03% 14.86% 12.01% 12.08% (NAV) 0.81% 5.28% 7.34% 14.98% 14.86% 12.01% 12.08% S&P 500 Equal Weight Index -- -- -- -- -- -- 12.08% MSCI USA Large Cap Index -- -- -- -- -- -- -- All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES United States 101.21% TOP 10 SECTORS Financials 19.77% Consumer Non-Cyclicals 7.86% Consumer Cyclicals 16.05% Utilities 6.12% Industrials 14.50% Energy 5.93% Technology 12.75% Basic Materials 4.57% Healthcare 12.07% Telecommunications Serv 0.61% TOP 10 HOLDINGS EQUITY OTHER 0.40% Viacom Inc. Class B AIM Treasurers Series Fun 0.33% Hess Corporation Edwards Lifesciences Cor 0.23% TechnipFMC Plc ABIOMED, Inc. Newfield Exploration Com Alexion Pharmaceuticals, Marathon Oil Corporation Total Top 10 Weighting 2.48%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.20% -0.30% -0.24% -0.43% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 100% / 0% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.10% FACTSET ANALYTICS BLOCK LIQUIDITY As of 09/26/18 0.08% 0.06% 0.04% 0.02% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 0.1% 0.1% TRADABILITY Avg. Daily Share 604,824 0.0% Average Daily $ $62.70M -0.1% Median Daily Share 399,308-0.1% 4M 3M 2M 1M Median Daily ($) Average Spread (%) Average Spread ($) $42.36M $0.01 Oct Dec Feb Apr Jun Jul Sep Median Premium / Discount (12 Mo) 0.00% Max. Premium / Discount (12 Mo) 0.07% / -0.05% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 7.99 Creation Unit Cost (%) 0.04% Underlying / Unit Open Interest on ETF Options 3,476 Net Asset Value (Yesterday) $107.02 ETF.com Implied Liquidity 5
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Financials 19.77% 15.62% Consumer Cyclicals 16.05% 12.21% EQUITY OTHER AIM Treasurers Series Funds Inc Premier US Government Money Portfolio Institutional Edwards Lifesciences Corporation ABIOMED, Inc. 0.40% 0.33% 0.23% Goodness of Fit (R2) Beta Up Beta Down Beta 0.93 0.88 0.83 0.89 Industrials 14.50% 9.11% Technology 12.75% 27.22% Healthcare 12.07% 14.06% Consumer Non- Cyclicals 7.86% 7.74% Utilities 6.12% 2.34% Alexion Pharmaceuticals, Inc. Viacom Inc. Class B Hess Corporation TechnipFMC Plc Newfield Exploration Company Marathon Oil Corporation Total Top 10 Weighting 2.48% Downside Standard Deviation MSCI USA Large Cap Index BENCHMARK COMPARISON HOLDINGS Number of Holdings 498 Energy 5.93% 6.31% Basic Materials 4.57% 1.33% Constituents Shared Holdings 299 283 Telecommunications Services 0.61% 2.19% Shared Holdings Weight 44.75% COUNTRIES United States 101.21% 100.00% BENCHMARK COMPARISON SUMMARY Number of Holdings 498 299 REGIONS North America 101.21% 100.00% ECONOMIC DEVELOPMENT Developed Countries 100.00% 100.00% Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Dividend Yield $50.73B $251.63B 23.78 23.59 2.88 3.50 1.85% 1.84% Concentration Low -- 2018 ETF.com The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional. ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com. [ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Data provider: Terms of Use