- What does VADRX invest in?
- The fund invests, under normal circumstances, all, at least 80% of its net assets in common stocks of companies represented in the S&P 500® Equal Weight Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index is an equal-weighted version of the S&P 500® Index, which is comprised of common stocks of approximately 500 large-capitalization companies that generally represent the large-cap segment of the U.S.equity market.
- What is the expense ratio of VADRX?
- Invesco Equally-Weighted S&P 500 Fund Class R (VADRX) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VADRX?
- Invesco Equally-Weighted S&P 500 Fund Class R (VADRX) manages $7.46B 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 VADRX actively managed or an index fund?
- VADRX 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 (VADRX's is 0.78%) because there's no security selection cost.
- When was VADRX launched?
- Invesco Equally-Weighted S&P 500 Fund Class R (VADRX) launched in March 2008 and is managed by Invesco.
- How has VADRX performed?
- VADRX'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.
