Invesco Russell 1000 Equal Weight ETF (EQAL) Research
The Invesco Russell 1000 Equal Weight ETF (EQAL) seeks to replicate the investment results of the Russell 1000 Equal Weight Index. To achieve this objective, the fund allocates a minimum of 90% of its total assets to the securities that make up the underlying index. This index is constructed from stocks found within the broader Russell 1000 Index and employs a distinct equal weighting approach: it distributes weight equally among 11 sector groups, and subsequently, each security within those sectors receives an equal weighting. Both the ETF and its benchmark index undergo quarterly re-weighting processes. These adjustments occur on the third Friday of March, September, and December, with an additional rebalance taking place on the last Friday of June, which aligns with the annual reconstitution of the Russell 1000 Index.
Market snapshot
- Symbol
- EQAL
- Price
- $58.50
- Day change
- +0.27%
- Market cap
- $809.4M
- 52-week range
- 47.85-59.98
- Sector
- Financial Services
- Industry
- Asset Management - Global
Peer companies
- Xtrackers MSCI Europe Hedged Equity ETF (DBEU)
- iShares ESG Advanced MSCI EAFE ETF (DMXF)
- Invesco Dorsey Wright SmallCap Momentum ETF (DWAS)
- Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC)
- Invesco RAFI Strategic US ETF (IUS)
- Oakmark U.S. Large Cap ETF (OAKM)
- NYLI Hedge Multi-Strategy Tracker ETF (QAI)
- Invesco S&P 500 Equal Weight Health Care ETF (RSPH)
Open Invesco Russell 1000 Equal Weight ETF (EQAL) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.