What is the Invesco S&P 500 ® equal weight consumer staples ETF (fund)?

The Invesco S&P 500 ® Equal Weight Consumer Staples ETF (Fund) is based on the S&P 500 ® Equal Weight Consumer Staples Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the consumer staples sector of the S&P 500 ® Index.

What is the S&P 500 equal weight consumer staples index fund?

The Fund seeks to track the investment results of the S&P 500 Equal Weight Consumer Staples Index. The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index. The Underlying Index is an equal-weighted version of the S&P 500 Consumer Staples Index.

What is the consumer staples ETF?

The fund is managed by Invesco, and has been able to amass over $356.94 million, which makes it one of the average sized ETFs in the Consumer Staples ETFs. This particular fund, before fees and expenses, seeks to match the performance of the Dynamic Food & Beverage Intellidex Index.