Invesco S&P 100 Equal Weight ETF

Frequently Asked Questions About EQWL

What does EQWL invest in?

The Invesco S&P 100 Equal Weight ETF seeks to track the investment results of the S&P 100 Equal Weight Index. This particular index applies an equal-weighting methodology to the constituent companies of the broader S&P 100 Index. The Fund aims to allocate at least 90% of its total assets to the securities comprising this index, with both the Fund and the underlying index undergoing quarterly rebalancing. As of August 31, 2025, the ETF boasted an impressive 5-star overall rating from Morningstar Inc., positioning it among the top 10% of 1077 funds in its category. Its strong performance was also recognized with a 5-star rating for the 3-year period (out of 1077 funds) and the 10-year period (out of 826 funds), alongside a 4-star rating for the 5-year period (out of 1018 funds). Morningstar determines these ratings using a risk-adjusted return measure that emphasizes consistent performance and accounts for monthly performance variations, particularly downward movements. For comparative purposes, open-end mutual funds and exchange-traded funds are assessed together, with a minimum three-year history required for rating eligibility. The overall star rating is a weighted average of the 3-, 5-, and 10-year metrics, where applicable, incorporating fees and expenses but excluding sales charges. It is crucial to remember that past performance offers no guarantee of future returns. Ratings are subject to monthly adjustments and are derived from Morningstar's proprietary data. Had fees not been waived or expenses reimbursed in the past, the Morningstar rating could have been lower. Additionally, ratings for different share classes may vary due to distinct performance characteristics. Morningstar allocates five stars to the top 10% of funds in a category, four stars to the subsequent 22.5%, three stars to the middle 35%, two stars to the following 22.5%, and one star to the bottom 10%.

What is the expense ratio of EQWL?

Invesco S&P 100 Equal Weight ETF (EQWL) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EQWL?

Invesco S&P 100 Equal Weight ETF (EQWL) manages $2.69B 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 EQWL actively managed or an index fund?

EQWL 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 (EQWL's is 0.30%) because there's no security selection cost.

When was EQWL launched?

Invesco S&P 100 Equal Weight ETF (EQWL) launched in December 2006 and is managed by Invesco.

How has EQWL performed?

EQWL'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.