Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?

Core Insights - The Invesco Russell 1000 Equal Weight ETF (EQAL) debuted on December 23, 2014, providing broad exposure to the Style Box - Large Cap Blend category [1] - EQAL aims to match the performance of the Russell 1000 Equal Weight Index, which is composed of securities in the Russell 1000 Index and is equally weighted across nine sector groups [5] - The ETF has accumulated over $690.63 million in assets, making it an average-sized ETF in its category [5] Fund Sponsor & Index - Managed by Invesco, EQAL seeks to replicate the performance of the Russell 1000 Equal Weight Index [5] - The index is designed to provide equal weight to each security within its sector, promoting diversification [5] Cost & Other Expenses - EQAL has an annual operating expense of 0.20%, which is competitive within its peer group [6] - The ETF's 12-month trailing dividend yield stands at 1.72% [6] Sector Exposure and Top Holdings - The ETF has the highest allocation in the Information Technology sector, accounting for approximately 13.7% of the portfolio [7] - The top 10 holdings represent about 6.15% of total assets, with Lumentum Holdings Inc (LITE) making up around 0.78% of total assets [8] Performance and Risk - As of October 27, 2025, EQAL has increased by about 10.42% year-to-date and approximately 9.63% over the past year [10] - The ETF has a beta of 1.00 and a standard deviation of 16.27% over the trailing three-year period, indicating medium risk [10] Alternatives - Other ETFs in the same space include iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO), which track the S&P 500 Index [11] - IVV has assets of $714.21 billion and an expense ratio of 0.03%, while VOO has $775.39 billion in assets with the same expense ratio [11]