Morningstar

Invesco Equally-Weighted S&P 500 Fund Class Y VADDX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $82.69  /  +0.54 %
  • Fund Size $7.2B
  • Adjusted Expense Ratio 0.280%
  • Net Expense Ratio 0.280%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Large Blend
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.37%
  • Turnover Ratio 25%
NAV and 1-Day Return as of

Morningstar’s Analysis VADDX

Will VADDX 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 VADDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VADDX 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 VADDX’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

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Portfolio Holdings VADDX

More VADDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

E-Min S&P 500 Ewf Sep26lweu6

1.05 79M
—

Invesco Shrt-Trm Inv Treasury Instl

0.62 47M
Cash and Equivalents

Moderna Inc

0.57 43M
Healthcare

Invesco Shrt-Trm Inv Gov&Agcy Instl

0.34 25M
Cash and Equivalents

Veeva Systems Inc Class A

0.33 24M
Healthcare

Zebra Technologies Corp Ordinary Shares - Class A

0.30 23M
Technology

Charles River Laboratories International Inc

0.29 21M
Healthcare

DoorDash Inc Ordinary Shares - Class A

0.28 21M
Consumer Cyclical

Salesforce Inc

0.28 21M
Technology

Palo Alto Networks Inc

0.27 20M
Technology

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