The Invesco Russell 1000 Equal Weight ETF is a special kind of money thing called an ETF, which helps people invest in the stock market. It was created to give people exposure to large companies in the United States. These large companies are considered stable and less risky than smaller companies. This ETF is managed in a way that gives each company in its portfolio an equal weight, which helps diversify the risk. The ETF has been performing well recently and has low costs. It is one of the many ETFs that people can choose from to invest in the stock market. Read from source...
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The Invesco Russell 1000 Equal Weight ETF (EQAL) is designed to provide broad exposure to the Large Cap Blend segment of the US equity market. EQAL is a passively managed exchange-traded fund with an expense ratio of 0.20%, which puts it on par with most of its peers in the space. The ETF's heaviest allocation is to the Information Technology sector, followed by Financials and Real Estate. Charter Communications (CHTR), Liberty Broadband (LBRDK), and Ubiquiti (UI) are the top three holdings in EQAL. The ETF has a beta of 1.10 and a standard deviation of 18.24% for the trailing three-year period, making it a medium-risk choice in the space. It has added about 9.20% so far this year and is up approximately 16.71% in the last one year (as of 09/17/2024).