EQAL - ETF AI Analysis
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Invesco Russell 1000 Equal Weight ETF (EQAL)
Rating:68Neutral
Price Target:―
Positive Factors
Equal-Weight Diversification
The fund spreads its investments fairly evenly across many stocks, reducing the impact of any single company on overall performance.
Broad Sector Mix
Holdings are spread across many sectors, including technology, health care, financials, industrials, and others, which helps smooth out sector-specific ups and downs.
Competitive Expense Ratio
The ETF charges a relatively low fee, so more of the fund’s returns can stay in investors’ pockets over time.
Negative Factors
Heavy U.S. Focus
Almost all of the fund’s assets are invested in U.S. companies, offering very limited exposure to international markets.
Mixed Top-Holding Performance
Some of the largest positions have shown strong gains while others have been weak, which can create uneven performance for the fund.
Communication Services Tilt in Top Holdings
Several of the biggest positions are in communication-related companies, which can increase the fund’s sensitivity to swings in that specific area of the market.
EQAL vs. SPDR S&P 500 ETF (SPY)
AUM794.09M
RegionNorth America
Expense Ratio0.20%
Beta0.77
IssuerInvesco
Inception DateDec 23, 2014
Dividend Yield1.77%
Asset ClassEquity
Index TrackedRussell 1000 Equal Weight
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume41,129
30 Day Avg. Volume32,202
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
72.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1010
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EQAL Summary
The Invesco Russell 1000 Equal Weight ETF (EQAL) tracks the Russell 1000 Equal Weight Index, which includes about 1,000 of the largest U.S. companies but gives each stock roughly the same importance instead of letting giants dominate. It owns familiar names like Comcast and AT&T, along with many others across technology, health care, financials, and more. Someone might invest in EQAL for broad diversification and the chance to benefit if mid-sized and smaller large companies do well. A key risk is that it can still rise and fall with the overall stock market, so its value may fluctuate significantly over time.
How much will it cost me?The Invesco Russell 1000 Equal Weight ETF (EQAL) has an expense ratio of 0.20%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds because EQAL follows a passive strategy by tracking an index, which typically keeps costs down.
What would affect this ETF?The EQAL ETF, with its equal-weighted approach to large-cap U.S. stocks, could benefit from a strong U.S. economy and growth in sectors like technology and health care, which are among its largest exposures. However, it may face challenges if interest rates rise, as this could negatively impact sectors like real estate and utilities, or if economic uncertainty affects consumer spending and cyclical industries. Its broad diversification helps mitigate risks tied to individual companies or sectors, but overall market downturns could still impact performance.
EQAL Top 10 Holdings
EQAL’s story right now is all about U.S. communications and networking names setting the pace. Arista Networks and Lumentum are rising on the back of AI and cloud demand, giving the fund a helpful tailwind, while Cisco and Roku are more steady, adding stability but not fireworks. Satellite players like Iridium and Globalstar are mixed, with strong cash generation but balance-sheet baggage. The main drag comes from AST SpaceMobile, where ambitious plans are bumping into financial and regulatory hurdles. Overall, it’s a tech-tilted, U.S.-centric mix with no single giant calling the shots.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Viavi Solutions | 0.49% | $3.88M | $10.04B | 225.79% | 71 Outperform | |
| Arista Networks | 0.48% | $3.84M | $260.51B | 42.93% | 83 Outperform | |
| Ubiquiti Networks | 0.46% | $3.66M | $33.94B | -15.93% | 60 Neutral | |
| Iridium Communications | 0.46% | $3.65M | $5.17B | 179.69% | 71 Outperform | |
| Ciena | 0.46% | $3.64M | $50.61B | 138.82% | 70 Outperform | |
| AST SpaceMobile | 0.45% | $3.62M | $24.05B | 24.90% | 54 Neutral | |
| Globalstar | 0.45% | $3.57M | $10.74B | 132.80% | 58 Neutral | |
| Cisco Systems | 0.44% | $3.52M | $420.67B | 57.62% | 77 Outperform | |
| Roku | 0.44% | $3.52M | $22.67B | 52.55% | 65 Neutral | |
| Lumentum Holdings | 0.44% | $3.49M | $84.47B | 466.69% | 61 Neutral |
EQAL Technical Analysis
Negative
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Price Trends
59.85
Negative
59.04
Negative
57.04
Positive
Market Momentum
-0.73
Positive
31.31
Neutral
12.26
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EQAL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 58.91, equal to the 50-day MA of 59.85, and equal to the 200-day MA of 57.04, indicating a neutral trend. The MACD of -0.73 indicates Positive momentum. The RSI at 31.31 is Neutral, neither overbought nor oversold. The STOCH value of 12.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EQAL.
EQAL Peer Comparison
Comparison Results
Performance Comparison
EQAL
Invesco Russell 1000 Equal Weight ETF
57.54
6.11
11.88%
FTQI
First Trust Hedged BuyWrite Income ETF
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CVLC
Calvert US Large-Cap Core Responsible Index ETF
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IUS
Invesco RAFI Strategic US ETF
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SPHB
Invesco S&P 500 High Beta ETF
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INFO
Harbor PanAgora Dynamic Large Cap Core ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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