Invesco Equally-Weighted S&P 500 Fund Class Y

Frequently Asked Questions About VADDX

What does VADDX invest in?

This fund primarily invests in the common stocks that comprise the S&P 500® Equal Weight Index, often allocating nearly all of its assets to these securities under ordinary market conditions. It may also employ derivatives and other financial tools designed to provide similar economic exposure to such holdings. The S&P 500® Equal Weight Index is a distinctive version of the standard S&P 500® Index, characterized by giving equal importance to each of its constituent companies. The conventional S&P 500® Index itself monitors the performance of equity securities issued by major U.S. corporations. Among the derivative instruments the fund is authorized to use are futures contracts.

What is the expense ratio of VADDX?

Invesco Equally-Weighted S&P 500 Fund Class Y (VADDX) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VADDX?

Invesco Equally-Weighted S&P 500 Fund Class Y (VADDX) manages $7.38B 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 VADDX actively managed or an index fund?

VADDX 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 (VADDX's is 0.28%) because there's no security selection cost.

When was VADDX launched?

Invesco Equally-Weighted S&P 500 Fund Class Y (VADDX) launched in July 1997 and is managed by Invesco.

How has VADDX performed?

VADDX'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.