Morningstar

Invesco Equally-Weighted S&P 500 Fund Class A VADAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return$84.45  /  +0.81%
  • Fund Size$7.3B
  • Adjusted Expense Ratio0.530%
  • Net Expense Ratio0.520%
  • Fee Level: DistributionLow
  • Share Class TypeFront Load
  • Morningstar CategoryLarge Blend
  • Equity Style Box (Funds)Mid Value
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield1.26%
  • Turnover Ratio30%
NAV and 1-Day Return as of

Morningstar’s Analysis VADAX

Will VADAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VADAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VADAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VADAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Lower concentration comes with trade-offs.

Senior Associate Analyst Brendan McCann

Brendan McCann

Senior Associate Analyst

Summary

Invesco S&P 500 Equal Weight ETF suffers from high turnover and high volatility because it assigns the same weighting to every S&P 500 constituent.

by Brendan McCann
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VADAX

More VADAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings3.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

E-Min S&P 500 Ewf Dec26lwez6

0.6243M
—

DuPont de Nemours Inc

0.4229M
Basic Materials

Invesco Shrt-Trm Inv Gov&Agcy Instl

0.3827M
Cash and Equivalents

Invesco Shrt-Trm Inv Treasury Instl

0.3525M
Cash and Equivalents

Moderna Inc

0.2920M
Healthcare

Everpure Inc Class A

0.2819M
Technology

Illumina Inc

0.2719M
Healthcare

CrowdStrike Holdings Inc Class A

0.2618M
Technology

Revvity Inc

0.2518M
Healthcare

Datadog Inc Class A

0.2517M
Technology

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.