Launched on December 23, 2014, the Invesco Russell 1000 Equal Weight ETF (EQAL) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Launched on 12/23/2014, the Invesco Russell 1000 Equal Weight ETF (EQAL) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Designed to provide broad exposure to the Style Box - Large Cap Blend category of the market, the Invesco Russell 1000 Equal Weight ETF (EQAL) is a smart beta exchange traded fund launched on 12/23/2014.
| ARCA Exchange | US Country |
The company specializes in investment funds that closely follow the performance of the U.S. equity market, particularly focusing on the large-cap segment. By aiming to invest at least 90% of its total assets in the securities that make up the underlying index, this company provides investors with a straightforward pathway to participating in the fortunes of the largest 1,000 U.S. companies by market capitalization. This strategy is centered around tracking the Russell 1000® Index, well-regarded for its comprehensive encapsulation of significant market movements within the U.S. large-cap space. Through this approach, the company leverages the index's design and methodology to offer a product that is representative of this critical market segment’s performance.
This core offering involves funds designed to mirror the performance of the Russell 1000® Index. By maintaining a portfolio that includes all of the securities within this index, the company provides investors with an opportunity to gain exposure to the large-cap segment of the U.S. equity market, which encompasses the stocks of the largest 1,000 companies in the United States based on market capitalization. The product is aimed at investors seeking an investment closely aligned with the overall market performance of major U.S. corporations, embodying a straightforward, no-frills approach to investment in significant American businesses.