Key stats
About INVESCO S&P 500 EQUL WEIGHT IDX ETF CAD UNITS
Home page
Inception date
May 29, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Invesco Canada Ltd.
The fund simply takes all the stocks in the S&P 500 and weights them equally. Equal weighting greatly increases the footprint of smaller S&P 500 stocks (many of which we consider to be midcaps), which results in higher beta for the portfolio. However, equal weighting also lowers concentration, reducing blow-up risk from any one name. While one should expect some sector biases here as well, EQL does not equal-weight sectors as some peer equal-weight ETFs do. Quarterly rebalancing implements the contrarian theme baked into all equal-weight plays: sell winners and buy losers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.77%
Cash0.23%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Dividends
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
0.00
0.04
0.07
0.11
0.14
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Mar 28, 2025
Mar 28, 2025
Apr 7, 2025
0.131
Quarterly
Dec 30, 2024
Dec 30, 2024
Jan 8, 2025
0.126
Quarterly
Sep 27, 2024
Sep 27, 2024
Oct 7, 2024
0.123
Quarterly
Jun 27, 2024
Jun 27, 2024
Jul 8, 2024
0.124
Quarterly
Mar 26, 2024
Mar 27, 2024
Apr 5, 2024
0.122
Quarterly
Dec 27, 2023
Dec 28, 2023
Jan 8, 2024
0.114
Quarterly
Sep 27, 2023
Sep 28, 2023
Oct 6, 2023
0.114
Quarterly