Invesco S&P 500 Equal Weight Index ETF - CAD (EQL.TO)
Invesco S&P 500 Equal Weight Index ETF - CAD (EQL.TO)
Company overview
The EQL fund seeks to mirror the performance of the S&P 500 Equal Weight Index. To accomplish this, it invests in either units of the Invesco S&P 500 Equal Weight ETF (RSP, traded on NYSE Arca) or directly in securities of U.S.-based companies. While this index contains the same constituent corporations as the standard capitalization-weighted S&P 500, a key divergence is that every single company within it is allotted an identical 0.20% weighting, which is reset during each quarterly rebalancing event.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Invesco S&P 500 Equal Weight Index ETF - CAD (EQL.TO)
No price history available.
The EQL fund seeks to mirror the performance of the S&P 500 Equal Weight Index. To accomplish this, it invests in either units of the Invesco S&P 500 Equal Weight ETF (RSP, traded on NYSE Arca) or directly in securities of U.S.-based companies. While this index contains the same constituent corporations as the standard capitalization-weighted S&P 500, a key divergence is that every single company within it is allotted an identical 0.20% weighting, which is reset during each quarterly rebalancing event.
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