The Invesco Russell 1000 Equal Weight ETF (EQAL) offers medium-risk exposure to US equities.

From Nasdaq: 2025-03-24 06:20:00

The Invesco Russell 1000 Equal Weight ETF (EQAL) is a passively managed ETF launched in 2014 with over $610.69 million in assets, providing exposure to large cap blend stocks in the US equity market. It has an expense ratio of 0.20% and a 12-month trailing dividend yield of 1.25%. The top sector allocations are Information Technology, Financials, and Healthcare. The top three holdings include At&t Inc (T), T-Mobile Us Inc (TMUS), and Cisco Systems Inc (CSCO).

EQAL aims to track the performance of the Russell 1000 Equal Weight Index, which has led to a loss of -1.33% year-to-date and a gain of 5.80% in the last year. The ETF has a beta of 1.11 and a standard deviation of 17.57%, making it a medium-risk choice. It holds about 996 securities, effectively diversifying company-specific risk.

Rated as a Zacks ETF Rank of 3 (Hold), EQAL is a suitable option for those seeking exposure to the Large Cap Blend segment. Alternatives like Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY) offer similar index tracking with varying expense ratios and asset sizes. Passively managed ETFs like EQAL are favored for their low costs, transparency, flexibility, and tax efficiency.

For more information on EQAL and other ETFs, visit the Zacks ETF Center and sign up for Zacks’ Fund Newsletter to receive updates on top news and analysis in the ETF market.



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