Zacks Investment Research
Should Invesco Russell 1000 Equal Weight ETF (EQAL) Be on Your Investing Radar?
The Invesco Russell 1000 Equal Weight ETF (EQAL) offers broad exposure to large-cap blend stocks with a low 0.2% expense ratio and $814.41 million in assets. The ETF has returned 12.85% year-to-date and 14.17% over the past year, with a medium risk profile (beta of 0.91). It received a Zacks ETF Rank of 3 (Hold), making it a reasonable option for large-cap blend investors, though competitors like Vanguard 500 Index Fund (VOO) and iShares Core S&P 500 ETF (IVV) offer lower expense ratios of 0.03%.
