- ISIN
- US73937B5710
- CUSIP
- 73937B571
- Issuer
- Invesco
- Inception Date
- Dec 23, 2014
- Region
- North America (U.S.)
- Category
- Mid Cap Blend Equities, Equal Weight
- Leveraged
- 1x (No leverage)
- Index Tracked
- Russell 1000 Equal Weight Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $801M
Share Price Chart
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Performance
EQAL Performance Chart
Invesco Russell 1000 Equal Weight ETF (EQAL) is up 11.7% since the beginning of the year. EQAL is currently trading at $58 per share. Investors who bought $1,000 worth of EQAL shares 5 years ago would now be looking at an investment worth $1,408.
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Returns By Period
Invesco Russell 1000 Equal Weight ETF (EQAL) has returned 11.70% so far this year and 23.40% over the past 12 months. Over the last ten years, EQAL has returned 10.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco Russell 1000 Equal Weight ETF
- 1D
- 0.05%
- 1M
- 0.15%
- YTD
- 11.70%
- 6M
- 10.46%
- 1Y
- 23.40%
- 3Y*
- 15.17%
- 5Y*
- 7.08%
- 10Y*
- 10.88%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EQAL Monthly Returns History
Based on dividend-adjusted daily data since Dec 29, 2014, EQAL's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +18.2%, while the worst month was Mar 2020 at -19.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EQAL closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.99% | 5.33% | -4.00% | 5.48% | 1.27% | -0.57% | 11.70% | ||||||
| 2025 | 3.42% | -1.34% | -3.64% | -2.84% | 3.88% | 3.68% | 1.22% | 3.83% | 0.99% | -0.48% | 1.89% | 0.30% | 11.05% |
| 2024 | -2.18% | 2.94% | 4.44% | -4.96% | 3.64% | -1.50% | 5.07% | 1.57% | 2.56% | -0.83% | 7.68% | -6.62% | 11.38% |
| 2023 | 8.54% | -3.88% | -1.48% | -0.75% | -3.68% | 7.00% | 4.40% | -3.23% | -5.13% | -4.51% | 8.11% | 7.64% | 11.98% |
| 2022 | -5.01% | 0.11% | 3.72% | -7.18% | 1.65% | -10.05% | 8.20% | -2.26% | -10.51% | 9.34% | 5.37% | -5.21% | -13.49% |
| 2021 | -0.03% | 5.72% | 4.72% | 4.26% | 1.74% | 0.64% | -0.44% | 1.74% | -3.17% | 4.93% | -3.88% | 5.35% | 23.14% |
Benchmark Metrics
Invesco Russell 1000 Equal Weight ETF has an annualized alpha of -1.35%, beta of 0.95, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since December 29, 2014.
- This ETF participated in 104.10% of S&P 500 Index downside but only 94.02% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.95 and R2 of 0.83, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.35%
- Beta
- 0.95
- R²
- 0.83
- Upside Capture
- 94.02%
- Downside Capture
- 104.10%
Expense Ratio
EQAL has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
EQAL ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Russell 1000 Equal Weight ETF (EQAL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQAL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 2.78 | +0.74 |
| Martin ratioReturn relative to average drawdown | 12.27 | 12.44 | -0.17 |
Dividends
Dividend History
Invesco Russell 1000 Equal Weight ETF provided a 2.08% dividend yield over the last twelve months, with an annual payout of $1.21 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.21 | $0.94 | $0.78 | $0.83 | $0.78 | $0.63 | $0.63 | $0.55 | $0.45 | $0.37 | $0.42 | $0.39 |
Dividend yield | 2.08% | 1.79% | 1.62% | 1.88% | 1.95% | 1.32% | 1.63% | 1.61% | 1.62% | 1.18% | 1.57% | 1.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Russell 1000 Equal Weight ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.49 | ||||||
| 2025 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.25 | $0.94 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.21 | $0.78 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.83 |
| 2022 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.16 | $0.78 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.10 | $0.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Russell 1000 Equal Weight ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Russell 1000 Equal Weight ETF was 40.44%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current Invesco Russell 1000 Equal Weight ETF drawdown is 1.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.44%Mar 2020 | 2mo 6d | 6mo 23d | 8mo 29dJan 2020 - Oct 2020 |
Bear market2022 | -21.79%Sep 2022 | 10mo 18d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
Rate-hike selloffLate 2018 | -21.02%Dec 2018 | 3mo 1d | 7mo 2d | 10mo 3dSep 2018 - Jul 2019 |
2016 bear market2016 | -20.42%Feb 2016 | 8mo 25d | 5mo 2d | 1y 1moMay 2015 - Jul 2016 |
2025 selloff2025 | -19.62%Apr 2025 | 4mo 7d | 4mo 16d | 8mo 23dDec 2024 - Aug 2025 |
Drawdown Indicators
| EQAL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.44% | -56.78% | +16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -9.10% | +2.43% |
Max Drawdown (3Y)Largest decline over 3 years | -19.62% | -18.90% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.79% | -25.43% | +3.64% |
Max Drawdown (10Y)Largest decline over 10 years | -40.44% | -33.92% | -6.52% |
Current DrawdownCurrent decline from peak | -1.72% | -1.80% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -5.08% | -10.71% | +5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.03% | -0.12% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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