Invesco Equally-Weighted S&P 500 equally weights on the largest U.S. equities, in effect creating a tilt toward mid-cap stocks. This approach requires high turnover to maintain, adding to the fund’s transaction costs while adding volatility to the portfolio. Investors might be better off with a simple mid-cap index fund. As such, both the Invesco S&P 500 Equal Weight ETF and all share classes of the Invesco Equally-Weighted S&P 500 mutual fund are limited to Morningstar Analyst Ratings of Neutral.
- NAV / 1-Day Return 68.64 / 1.03 %
- Total Assets 6.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.780%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Large Blend
- Investment Style Mid Blend
- Min. Initial Investment 0
- Status Open
- TTM Yield 1.21%
- Turnover 24%
Morningstar’s Analysis VADRX
Will VADRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.