Invesco S&P 500 Equal Weight constructs a portfolio of equal-weighted U.S. large caps for a low fee. This approach tilts the portfolio toward mid-cap stocks and requires high turnover compared with market-cap weighting, increasing transaction costs and adding to its volatility.
Invesco Equally-Wtd S&P 500 R VADRX
- NAV / 1-Day Return 70.77 / +0.68 %
- Total Assets 6.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.770%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Large Blend
- Investment Style Mid Blend
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.17%
- Turnover 20%
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:21 PM GMT+0
Morningstar’s Analysis VADRX
Will VADRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Micron Technology Inc | 0.23 | 16.1 Mil | Technology |
Freeport-McMoRan Inc | 0.23 | 15.7 Mil | Basic Materials |
FedEx Corp | 0.23 | 15.6 Mil | Industrials |
General Motors Co | 0.22 | 15.3 Mil | Consumer Cyclical |
Archer-Daniels Midland Co | 0.22 | 15.3 Mil | Consumer Defensive |
Marathon Oil Corp | 0.22 | 15.3 Mil | Energy |
Valero Energy Corp | 0.22 | 15.2 Mil | Energy |
PayPal Holdings Inc | 0.22 | 15.1 Mil | Financial Services |
Delta Air Lines Inc | 0.22 | 15.1 Mil | Industrials |
3M Co | 0.22 | 15.1 Mil | Industrials |