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Morningstar

Invesco Equally-Wtd S&P 500 A VADAX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 70.52  /  −0.90 %
  • Total Assets 6.5 Bil
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Blend
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.34%
  • Turnover 20%

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 11:13 PM GMT+0

Morningstar’s Analysis VADAX

Will VADAX outperform in 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.

A mid-cap fund hiding in plain sight.

Associate Analyst Mo'ath Almahasneh

Mo'ath Almahasneh

Associate Analyst

Summary

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.

by Mo'ath Almahasneh
Rated on Published on

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Portfolio Holdings VADAX

More VADAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

E-mini S&P 500 Future Mar 24

0.48 31.4 Mil
—

E-mini S&P MidCap 400 Future Mar 24

0.44 28.9 Mil
—

Invesco Shrt-Trm Inv Treasury Instl

0.31 20.5 Mil
Cash and Equivalents

NVIDIA Corp

0.30 20.0 Mil
Technology

Catalent Inc

0.28 18.5 Mil
Healthcare

Constellation Energy Corp

0.28 18.2 Mil
Utilities

Invesco Shrt-Trm Inv Gov&Agcy Instl

0.27 18.0 Mil
Cash and Equivalents

Advanced Micro Devices Inc

0.27 17.9 Mil
Technology

Meta Platforms Inc Class A

0.27 17.7 Mil
Communication Services

Tapestry Inc

0.26 17.0 Mil
Consumer Cyclical