# Invesco Russell 1000 Equal Weight ETF (EQAL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/eqal for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Passive Index · Inception: 2014-12-23 The Invesco Russell 1000 Equal Weight ETF (EQAL) seeks to replicate the investment results of the Russell 1000 Equal Weight Index. To achieve this objective, the fund allocates a minimum of 90% of its total assets to the securities that make up the underlying index. This index is constructed from stocks found within the broader Russell 1000 Index and employs a distinct equal weighting approach: it distributes weight equally among 11 sector groups, and subsequently, each security within those sectors receives an equal weighting. Both the ETF and its benchmark index undergo quarterly re-weigh... ## Key Facts | Metric | Value | |---|---| | Price | $58.65 | | Expense Ratio | 0.20% | | Assets Under Management | $813.7M | | NAV | $58.86 | | Holdings Count | 1012 | | Distribution Yield (TTM) | 1.73% | | Annual Distribution (TTM) | $1.01 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $49.86 – $62.03 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.2712 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does EQAL invest in? The Invesco Russell 1000 Equal Weight ETF (EQAL) seeks to replicate the investment results of the Russell 1000 Equal Weight Index. To achieve this objective, the fund allocates a minimum of 90% of its total assets to the securities that make up the underlying index. This index is constructed from stocks found within the broader Russell 1000 Index and employs a distinct equal weighting approach: it distributes weight equally among 11 sector groups, and subsequently, each security within those sectors receives an equal weighting. Both the ETF and its benchmark index undergo quarterly re-weighting processes. These adjustments occur on the third Friday of March, September, and December, with an additional rebalance taking place on the last Friday of June, which aligns with the annual reconstitution of the Russell 1000 Index. ### What is the expense ratio of EQAL? Invesco Russell 1000 Equal Weight ETF (EQAL) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EQAL? Invesco Russell 1000 Equal Weight ETF (EQAL) manages $813.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is EQAL actively managed or an index fund? EQAL is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EQAL's is 0.20%) because there's no security selection cost. ### When was EQAL launched? Invesco Russell 1000 Equal Weight ETF (EQAL) launched in December 2014 and is managed by Invesco. ### How has EQAL performed? EQAL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does EQAL pay a dividend? Invesco Russell 1000 Equal Weight ETF (EQAL) currently distributes little or no income. Trailing-twelve-month yield is 1.73%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EQAL pay dividends? Invesco Russell 1000 Equal Weight ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EQAL's dividend yield? EQAL's trailing-twelve-month yield is 1.73%, calculated from the sum of dividends over the past year divided by the current price. ### When is EQAL's next ex-dividend date? The most recently announced ex-dividend date for EQAL was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will EQAL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EQAL charge its expense ratio? The expense ratio is deducted in tiny daily slices from EQAL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EQAL cost more than a fund like VOO? EQAL is a passive index fund (current expense ratio 0.20%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to EQAL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EQAL (0.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/eqal - Distribution history: https://www.dividenddata.com/funds/eqal/dividend - Holdings & diversification: https://www.dividenddata.com/funds/eqal/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/eqal/expenses - Peer comparison: https://www.dividenddata.com/funds/eqal/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.