Invesco S&P 500 Equal Weight Index ETF - CAD (EQL.TO) TSX
Currency In CAD
AD
- General
- Statistics
- Historical Data
- Profile
- Financials
AD
Currency In CAD
Address
120 Bloor Street East, Suite 700
Toronto, ON M4W 1B7
Canada
Phone
1-800-874-6275
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
June 25, 2018
The EQL fund seeks to mirror the performance of the S&P 500 Equal Weight Index. To accomplish this, it invests in either units of the Invesco S&P 500 Equal Weight ETF (RSP, traded on NYSE Arca) or directly in securities of U.S.-based companies. While this index contains the same constituent corporations as the standard capitalization-weighted S&P 500, a key divergence is that every single company within it is allotted an identical 0.20% weighting, which is reset during each quarterly rebalancing event.