Invesco S&P 500 Equal Weight Index ETF - CAD
EQL.TO
Toronto Stock Exchange- -
CAD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Invesco S&P 500 Equal Weight Index ETF (EQL.TO) is an exchange-traded fund that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Equal Weight Index (CAD), or any successor thereto, on an unhedged basis. The ETF invests directly or indirectly, primarily in equity securities of large-cap companies listed in the United States across diversified sectors, including growth and value stocks, utilizing a full replication technique; it provides exposure to approximately 500 equally weighted constituents of the S&P 500 Index in Canadian dollars. Launched on May 29, 2018, and domiciled in Canada, the ETF trades on the Toronto Stock Exchange under the ticker EQL and is managed by Invesco Canada Ltd., with co-management by Invesco Capital Management LLC. The fund's top holdings are concentrated in the Invesco S&P 500 Equal Weight ETF (RSP) at over 100% weight due to its structure, alongside currency positions in Canadian and United States dollars to facilitate unhedged CAD exposure. It caters to investors seeking balanced U.S. large-cap equity diversification with reduced concentration risk compared to market-cap weighted indices, targeting retail and institutional clients primarily in Canada and North America. Headquartered through its manager Invesco Canada Ltd. in Toronto, Ontario, the ETF operates within the broader asset management industry, with Invesco Ltd. as the indirect parent overseeing global operations in over 20 countries. Recent developments include Invesco Canada's expansion of its equal-weighted ETF suite with the launch of the Invesco S&P/TSX 60 Equal Weight Index ETF (EQLT) on April 3, 2025, enhancing the firm's offerings in diversified equity strategies amid growing demand, as evidenced by the suite reaching approximately C$2.5 billion in assets under management by March 2025. Invesco announced estimated 2025 annual reinvested distributions for its ETFs, including EQL.TO, on November 19, 2025, supporting ongoing income-focused enhancements across its product lineup. Additionally, Invesco Canada changed the investment objectives of the Invesco RAFI Canadian Index ETF on March 24, 2025, reflecting broader strategic adjustments in its passive equity ETF portfolio.