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EQWL - ETF AI Analysis
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Invesco S&P 100 Equal Weight ETF (EQWL)
Rating:72Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Strong Top Holdings Performance
Several of the largest positions, including major technology and industrial names, have shown strong gains so far this year, supporting the ETF’s overall results.
Moderate Expense Ratio
The fund’s fee is relatively moderate for an equal-weight strategy, allowing investors to keep a reasonable share of the returns after costs.
Negative Factors
100% U.S. Market Exposure
All holdings are in U.S. companies, so the fund offers no geographic diversification if the U.S. market faces a downturn.
Financials and Technology Tilt
The ETF has heavier exposure to financial and technology stocks, which could hurt performance if these sectors weaken.
Only Modest Recent Performance
While returns have been positive over the recent month, quarter, and year to date, they have been only steady rather than exceptionally strong.
EQWL vs. SPDR S&P 500 ETF (SPY)
AUM2.34B
RegionNorth America
Expense Ratio0.25%
Beta0.79
IssuerInvesco
Inception DateDec 01, 2006
Dividend Yield1.62%
Asset ClassEquity
Index TrackedS&P 100 Equal Weighted
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume166,791
30 Day Avg. Volume127,618
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
139.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EQWL Summary
The Invesco S&P 100 Equal Weight ETF (EQWL) tracks the S&P 100 Equal Weighted Index, which includes 100 of the largest U.S. companies but gives each stock roughly the same importance instead of letting the biggest ones dominate. It holds well-known names like Intel and Starbucks and spreads your money across many sectors, including technology, health care, and financials. Someone might invest in EQWL for broad diversification among major U.S. companies without relying too heavily on a few giants. A key risk is that the value of the ETF can go up and down with the overall stock market.
How much will it cost me?The Invesco S&P 100 Equal Weight ETF (EQWL) has an expense ratio of 0.25%, meaning you’ll pay $2.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it uses an equal weight strategy, which requires more active management compared to passively managed funds that track market-cap weighted indexes.
What would affect this ETF?The Invesco S&P 100 Equal Weight ETF (EQWL) could benefit from strong performance in the U.S. economy, particularly in sectors like technology, financials, and health care, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which could pressure growth-oriented sectors like technology, and economic slowdowns that could impact consumer spending and industrial activity. Its equal-weight strategy helps reduce reliance on any single stock, but broad market downturns or sector-specific issues could still negatively affect the ETF.
EQWL Top 10 Holdings
EQWL’s story right now is being written by industrial and health care heavyweights rather than the usual mega-cap tech stars. Deere, Caterpillar, and FedEx are all rising, giving the fund a solid industrial backbone, while Honeywell adds steady support. On the defensive side, Merck and Gilead are quietly pulling their weight with firm, if unspectacular, gains. Verizon has turned from a laggard into a modest helper, and Target’s recovery has been mixed but improving. With all holdings U.S.-based and equally weighted, no single name dominates the script.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lockheed Martin | 1.39% | $32.45M | $153.65B | 48.79% | 70 Outperform | |
| FedEx | 1.31% | $30.51M | $89.94B | 54.41% | 79 Outperform | |
| Deere | 1.29% | $30.03M | $167.26B | 35.09% | 66 Neutral | |
| Linde | 1.25% | $29.05M | $232.48B | 8.74% | 66 Neutral | |
| Target | 1.24% | $29.04M | $54.70B | 3.12% | 70 Neutral | |
| Verizon | 1.24% | $28.98M | $214.55B | 18.66% | 81 Outperform | |
| Exxon Mobil | 1.24% | $28.89M | $632.64B | 41.18% | 74 Outperform | |
| Honeywell International | 1.24% | $28.88M | $155.01B | 17.24% | 77 Outperform | |
| Chevron | 1.22% | $28.35M | $376.67B | 24.19% | 71 Outperform | |
| Colgate-Palmolive | 1.20% | $27.94M | $76.56B | 4.89% | 63 Neutral |
EQWL Technical Analysis
Neutral
―
Price Trends
120.63
Positive
118.18
Positive
113.91
Positive
Market Momentum
0.36
Positive
48.97
Neutral
72.69
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EQWL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 121.88, equal to the 50-day MA of 120.63, and equal to the 200-day MA of 113.91, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 48.97 is Neutral, neither overbought nor oversold. The STOCH value of 72.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EQWL.
EQWL Peer Comparison
Comparison Results
Performance Comparison
EQWL
Invesco S&P 100 Equal Weight ETF
121.27
17.28
16.62%
MGC
Vanguard Mega Cap ETF
―
―
―
PRF
Invesco FTSE RAFI US 1000 ETF
―
―
―
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
FTCS
First Trust Capital Strength ETF
―
―
―
QYLD
Global X NASDAQ 100 Covered Call ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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