We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. The following text is from July 11, 2023. Invesco S&P 500 Equal Weight constructs a portfolio of equal-weighted U.S. large caps for a low fee. This approach tilts the portfolio toward mid-cap stocks and requires high turnover compared with market-cap weighting, increasing transaction costs and adding to its volatility.
Invesco Equally-Wtd S&P 500 R VADRX
- NAV / 1-Day Return 71.81 / +0.28 %
- Total Assets 6.5 Bil
-
Adj. Expense Ratio
0.770%
- Expense Ratio 0.770%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Large Blend
- Investment Style Mid Blend
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.14%
- Turnover 20%
USD | NAV as of Jun 18, 2024 | 1-Day Return as of Jun 18, 2024, 10:21 PM GMT+0
Morningstar’s Analysis VADRX
Will VADRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Freeport-McMoRan Inc | 0.26 | 16.6 Mil | Basic Materials |
3M Co | 0.25 | 16.1 Mil | Industrials |
GE Aerospace | 0.25 | 16.0 Mil | Industrials |
Newmont Corp | 0.24 | 15.9 Mil | Basic Materials |
NRG Energy Inc | 0.24 | 15.9 Mil | Utilities |
Domino's Pizza Inc | 0.24 | 15.8 Mil | Consumer Cyclical |
United Airlines Holdings Inc | 0.24 | 15.7 Mil | Industrials |
Delta Air Lines Inc | 0.24 | 15.7 Mil | Industrials |
Hasbro Inc | 0.24 | 15.7 Mil | Consumer Cyclical |
Chipotle Mexican Grill Inc | 0.24 | 15.6 Mil | Consumer Cyclical |