Invesco S&P 100 Equal Weight ETF company info

What does Invesco S&P 100 Equal Weight ETF do?
Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) is an exchange-traded fund designed to offer investors broad exposure to the S&P 100 index, but with a unique twist: each company within the index is given an equal weight rather than weighting based on market capitalization. This approach aims to provide a more balanced portfolio, potentially reducing the influence of the largest companies and offering opportunities for diversification and risk management. The fund's projects and objectives revolve around closely tracking the performance of the S&P 100 Equal Weight Index, ensuring that the investment mirrors the equally distributed nature of the stocks within the index. By doing so, Invesco S&P 100 Equal Weight ETF seeks to offer investors a straightforward and effective way to gain exposure to some of the largest and most established companies across various industries in the United States, but with a weighting strategy that may differentiate it from traditional capitalization-weighted options.
Invesco S&P 100 Equal Weight ETF company media
Company Snapshot

Is Invesco S&P 100 Equal Weight ETF a public or private company?

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Ownership
Public

How many people does Invesco S&P 100 Equal Weight ETF employ?

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Employees
5,024

What sector is Invesco S&P 100 Equal Weight ETF in?

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Sector
ETF

Where is the head office for Invesco S&P 100 Equal Weight ETF?

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Head Office
Atlanta, United States

What year was Invesco S&P 100 Equal Weight ETF founded?

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Year Founded
2006
What does Invesco S&P 100 Equal Weight ETF specialise in?
/Equal Weighting /Large Cap /ETF Product /Index Tracking /Diversification Benefits /Investment Services

What are the products and/or services of Invesco S&P 100 Equal Weight ETF?

Overview of Invesco S&P 100 Equal Weight ETF offerings
Tracks an Equal-Weight Index: EQWL tracks the S&P 100® Equal Weight Index. This index differs from traditional market capitalization-weighted indexes where larger companies have a bigger influence. In the S&P 100 Equal Weight Index, each of the 100 companies in the S&P 100 Index receives an equal allocation.
Exposure to Large-Cap US Companies: The fund focuses on 100 of the largest publicly traded companies in the United States. These companies are generally well-established and have a significant market presence.
Equal Weighting of Holdings: Each of the 100 large-cap companies receives an equal allocation in the ETF, reducing the dominance of any single company on the fund's performance and potentially offering a more balanced exposure across the US large-cap market.
Diversification Within Large-Caps: By holding a basket of 100 large-cap companies from various sectors, EQWL offers diversification within this asset class, reducing concentration risk on any single company.
Passive Management: EQWL likely tracks the index passively. This means the holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed funds.
Potential for Capital Appreciation: The value of EQWL can potentially grow over time as the underlying companies' stock prices increase. Large-cap companies have historically offered potential for long-term capital appreciation.