Invesco Russell 1000 Equal Weight ETF (EQAL) is a equal-weight ETF. As of October 28, 2026, ETF Copilot scores EQAL 4.5 out of 10 — highest on Risk (7.5), lowest on Quality (2.8). It trades at 19.5 times earnings, against its own median of 18.7. Its ten largest holdings are 5% of the fund.
What stands out in EQAL's data
Equal-weight U.S. large caps, spread across hundreds of stocks.
Its stock valuations are cheaper than the typical peer.
Trailing P/E multiple of 19.5x, below the category median of 21.6x.
Spreads a large-cap allocation evenly across hundreds of names rather than betting on the biggest.
How is EQAL rated? ETF Copilot scores Invesco Russell 1000 Equal Weight ETF (EQAL) 4.5 out of 10
As of October 28, 2026, ETF Copilot scores Invesco Russell 1000 Equal Weight ETF (EQAL) 4.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.5 / 10
- Growth: 3.1 / 10
- Value: 5.3 / 10
- Risk: 7.5 / 10
- Quality: 2.8 / 10
- Return: 4.3 / 10
Is EQAL expensive right now? It trades at 19.5 times earnings, against its own median of 18.7
As of October 28, 2026, EQAL is more expensive than 61% of its own last 9 years.
Trailing 12 months, built from EQAL's holdings. How we calculate this →
What's inside EQAL? 14% Tech
What's inside EQAL: Size (Large 37%, Mid 55%, Small 8%); Geography (International 5%, US 95%); Tech 14.0%; Magnificent 7 0.4%; AI 1.8%; Semiconductors 2.4%; Memory 1.0%.
What are EQAL's top holdings? The ten largest are 5% of the fund
Ubiquiti, Ciena, Motorola Solutions, Cisco Systems, Globalstar, Roku, Space Exploration Technologies, Arista Networks, Echostar and Iridium Communications are EQAL's largest holdings, in that order.
Less concentrated than 96% of Equal Weight ETFs.
Half of EQAL's weight sits in its 232 largest positions, and once those weights are taken into account it behaves like 646 equally weighted holdings.
What is EQAL's expense ratio? 0.20% a year
As of October 28, 2026, EQAL charges 0.20% a year, yields 1.70% and holds $820M in assets across 1011 positions.
| Measure | EQAL |
|---|---|
| Expense ratio | 0.20% |
| Dividend yield | 1.70% |
| Assets under management | $820M |
| Holdings | 1011 |
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.
Cite this
ETF Copilot, “Invesco Russell 1000 Equal Weight ETF (EQAL) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/eqal
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