| (in billions) | Total | ETFs & Index | Fundamental Fixed | Fundamental Equities | Private Markets | China JV | 2Multi Asset/Other | Global Liquidity | QQQ | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | Strategies | Income | | | | | | | | 1December 31, 2025 | $2,169.9 | $630.2 | $311.5 | $298.4 | $130.7 | $132.5 | $69.7 | $189.7 | $407.2 | | November 30, 2025 | $2,154.3 | $628.0 | $309.7 | $299.2 | $129.7 | $125.7 | $68.7 | $190.3 | $403.0 | | October 31, 2025 | $2,166.6 | $621.4 | $ ...

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence through various research services [1] - The Zacks Style Scores are designed to complement the Zacks Rank, providing additional metrics for stock selection [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum, with A being the highest score indicating a better chance of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score helps investors identify undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Score assesses a company's future potential by analyzing earnings, sales, and cash flow trends [4] Momentum Score - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to highlight stocks with attractive value, growth potential, and positive momentum [6] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to aid in stock selection, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.9% since 1988 [7] - There are over 800 stocks rated 1 or 2, making it essential to use Style Scores for effective selection [8] Stock to Watch: Invesco Ltd. (IVZ) - Invesco, headquartered in Atlanta, GA, has AUM of $2.1 trillion as of September 30, 2025, and operates in over 20 countries [11] - IVZ holds a 3 (Hold) rating on the Zacks Rank and has a VGM Score of A, indicating solid performance potential [11] - The stock has a Momentum Style Score of B, with an 8.8% increase in share price over the past four weeks and an upward revision in earnings estimates [12]

Group 1 - Warren Buffett, known as the Oracle of Omaha, has stepped down as CEO of Berkshire Hathaway, but his investment advice remains valuable [1] - Buffett recommends that most investors should buy and hold the S&P 500 index, with options including Vanguard S&P 500 ETF and Invesco S&P 500 Equal Weight ETF [2] - The S&P 500 index is designed to track the U.S. economy rather than the stock market, comprising approximately 500 large and economically significant U.S. businesses across major industries [3] Group 2 - The selection of stocks in the S&P 500 index is influenced by a committee, focusing on large and economically important companies rather than their current performance [4] - The index is market-cap weighted, meaning that the largest companies have the most significant impact on its performance, which can be both beneficial and detrimental [5] - Investors should consider the specific costs and benefits of the investment asset when choosing an S&P 500 index fund, with Vanguard S&P 500 ETF having a low expense ratio of 0.03% [6][7]

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a ...

Core Viewpoint - Invesco is an independent investment management firm focused on enhancing the investment experience for individuals [1] Group 1 - Invesco emphasizes the importance of understanding investment objectives, risks, charges, and expenses before making investment decisions [1] - The firm provides educational information but does not offer specific investment recommendations or tax advice [1] - Invesco's opinions are based on current market conditions and may change without notice, indicating a dynamic approach to investment strategies [1] Group 2 - Invesco Distributors, Inc. serves as the US distributor for Invesco Ltd.'s retail products and collective trust funds [1] - The company operates through various affiliated investment advisers that provide advisory services without selling securities [1] - Invesco Unit Investment Trusts are distributed by Invesco Capital Markets, Inc. and other broker-dealers, highlighting the firm's extensive distribution network [1]

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a ...

Core Insights - The S&P 500 is facing a concentration issue, with the top seven stocks representing about one-third of the index, leading to significant exposure to a few mega-cap technology companies [1] - The Invesco S&P 100 Equal Weight ETF (EQWL) offers an alternative by equally weighting the top 100 companies, limiting even large firms like Apple and Microsoft to approximately 1% of the portfolio [1] Performance Comparison - Since its inception in December 2006, EQWL has returned 271% over the past decade, outperforming the market-cap weighted SPDR S&P 500 ETF Trust (SPY) by 37 percentage points [2] - In the past year, EQWL gained 18.84%, compared to SPY's 17.34%, and has increased by 1.07% in early 2026, while SPY rose only 0.85% [2] Market Dynamics - Equal-weight strategies perform well when market leadership expands beyond mega-cap stocks, with early 2026 indicators suggesting a potential rotation, as evidenced by the iShares Russell 2000 ETF gaining 2.67% year-to-date compared to a modest 0.60% gain for the tech-heavy Invesco QQQ Trust [4] - Historical data indicates that equal-weight versions of the S&P 500 have outperformed market-cap weighted versions by an average of 1.05% annually over multi-decade periods [5] Rebalancing Strategy - EQWL employs a quarterly rebalancing strategy that systematically trims positions exceeding 1% and adds to those below 1%, facilitating a buy-low, sell-high mechanism [6] - The current sector allocation of EQWL includes Financials at 17.3%, Information Technology at 16.3%, and Healthcare at 15.2%, contrasting with market-cap weighted indices where Technology often exceeds 30% [7] Alternative Investment Options - The Invesco S&P 500 Equal Weight ETF (RSP) is another option that applies the same equal-weight methodology across all 500 companies, providing greater diversification into mid-cap names, although it has underperformed EQWL recently with a 13% gain over the past year [8] Future Outlook - Over the next 12 months, it is essential to monitor market breadth expansion and EQWL's quarterly rebalancing activity to assess the sustainability of its historical performance advantage [9]

Core Viewpoint - The S&P 500 exhibits a concentration issue, with the top seven stocks representing about one-third of the index, leading to significant exposure for investors in a few mega-cap technology companies. The Invesco S&P 100 Equal Weight ETF (EQWL) offers an alternative by equally weighting the top 100 companies, limiting even large firms like Apple and Microsoft to approximately 1% of the portfolio [1]. Group 1: Performance of EQWL - Since its inception in December 2006, EQWL has achieved a return of 271% over the past decade, outperforming the market-cap weighted SPDR S&P 500 ETF Trust (SPY), which returned 234%, resulting in a 37 percentage point advantage [2]. - In the past year, EQWL gained 18.84%, compared to SPY's 17.34%, and has increased by 1.07% in early 2026, while SPY has only gained 0.85% [2][3]. - The strategy of EQWL involves quarterly rebalancing, which systematically trims high-performing stocks and adds to underperformers to maintain equal weights [3]. Group 2: Market Dynamics - Early 2026 indicators suggest a potential market rotation, as small-cap stocks have gained 2.67% year-to-date, while the tech-heavy Invesco QQQ Trust (QQQ) has only increased by 0.60% [5]. - Equal-weight strategies tend to perform better when market leadership expands beyond mega-cap stocks, indicating a shift in investor focus towards broader market exposure [5]. - Historical data indicates that equal-weight versions of the S&P 500 have outperformed their market-cap weighted counterparts by an average of 1.05% annually over multi-decade periods [6].

Core Viewpoint - Invesco BulletShares 2027 Corporate Bond ETF provides a targeted investment in investment-grade corporate bonds maturing in 2027, offering income generation and defined maturity, with a market cap of $4.30 billion supporting liquidity and efficient index tracking [1]. Group 1: Fund Characteristics - The ETF holds a diversified selection of corporate bonds, with at least 80% of assets allocated to securities in the underlying index [2]. - It focuses on U.S. dollar-denominated investment-grade corporate bonds maturing in 2027, aiming to provide predictable income and defined maturity exposure [2]. - As of January 6, 2026, the fund carried a 4.26% annualized dividend yield and was priced at $19.75, returning 5.8% over the past year, underperforming the S&P 500 by 11.8 percentage points [2]. Group 2: Stakeholder Actions - Red Spruce Capital, LLC reduced its stake in the ETF by 185,157 shares, with an estimated transaction value of $3.65 million, reflecting a quarter-end position value decrease of $3.37 million [3][4]. - The position now represents 2.61% of Red Spruce's assets under management (AUM), placing it outside the fund's top five holdings [4]. Group 3: Investment Strategy - Corporate bond ETFs, like Invesco's BulletShares series, can provide regular income through interest payments and capital appreciation, making them attractive for investors seeking reliable payments with lower risk [5]. - Investors may employ a bond ladder strategy, holding bonds that mature at regular intervals to ensure consistent payouts, which may have influenced Red Spruce's strategy [6]. - The reduction in shares could indicate a strategy to lock in gains before an anticipated interest rate cut in 2026 or a shift towards more lucrative opportunities in the market [6].

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a ...