Is EQAL a good investment?

Invesco Russell 1000 Equal Weight ETF (EQAL) is a equal-weight ETF. As of September 11, 2026, ETF Copilot scores EQAL 5.2 out of 10 — highest on Valuation (7.0), lowest on Quality (3.4). It trades at 18.9 times earnings, against its own median of 18.1. Its ten largest holdings are 5% of the fund.

Updated September 11, 2026

How is EQAL rated? ETF Copilot scores Invesco Russell 1000 Equal Weight ETF (EQAL) 5.2 out of 10

As of September 11, 2026, ETF Copilot scores Invesco Russell 1000 Equal Weight ETF (EQAL) 5.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.2 / 10
Growth: 5.3 / 10
Valuation: 7.0 / 10
Risk: 6.5 / 10
Quality: 3.4 / 10
Return: 4.1 / 10

What is EQAL's expense ratio? 0.20% a year

As of September 11, 2026, EQAL charges 0.20% a year, yields 1.94% and holds $840M in assets across 1006 positions.

Invesco Russell 1000 Equal Weight ETF (EQAL) — cost, income and size
Measure	EQAL
Expense ratio	0.20%
Dividend yield	1.94%
Assets under management	$840M
Holdings	1006

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in EQAL's data

Equal-weight U.S. large caps. Think: diversified U.S. equity.

Trades cheaper than the typical large-cap fund — you pay less for the same earnings stream.

Trailing P/E multiple of 18.9x sits below the category median of 22.1x — among the cheapest in the group. It holds 1,006 names for broad coverage.

A broad equal-weight position that spreads risk evenly across the largest U.S. companies.

Why did EQAL move this week? It fell 2.3% in the week to September 11, 2026 — Charter Communications and Xenergy drove it

EQAL fell 2.3% in the week to September 11, 2026. The holdings that moved it most were Charter Communications (−3.7%), Xenergy (−16.5%) and Comcast (−5.4%); Viavi Solutions (+15.2%) pushed the other way.

Is EQAL expensive right now? It trades at 18.9 times earnings, against its own median of 18.1

As of September 11, 2026, EQAL is more expensive than 59% of its own 114 monthly readings since 2017 — 67 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside EQAL? 14% Tech

What's inside EQAL: Size (Large 36%, Mid 57%, Small 7%); Geography (International 6%, US 94%); Tech 14.3%; Magnificent 7 0.5%; AI 2.0%; Semiconductors 2.0%; Memory 0.9%.

What are EQAL's top holdings? The ten largest are 5% of the fund

Charter Communications, Motorola Solutions, Arista Networks, AT&T, Roku, Comcast, Verizon Communications, Millicom Intl Cellular, Lumentum and Iridium Communications are EQAL's largest holdings, in that order.

Less concentrated than 94% of Weight - Equal ETFs.

Half of EQAL's weight sits in its 229 largest positions, and once those weights are taken into account it behaves like 613 equally weighted holdings.

Cite this

ETF Copilot, “Invesco Russell 1000 Equal Weight ETF (EQAL) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/eqal