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

The Invesco S&P 500 ® Equal Weight Technology ETF (Fund) is based on the S&P 500 ® Equal Weight Information Technology Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights stocks in the information technology sector of the S&P 500 ® Index.

What is an equal-weight ETF?

Equal-weight ETFs are less traditional, but offer investors a more balanced approach to equity investing. Cap-weighted investments buy and hold securities based on the overall size of the companies they're investing in. Equal-weighted investments allocate the same amount of money to each security in a portfolio.

What's the difference between a cap-weighted and equal-weight ETF?

Cap-weighted investments buy and hold securities based on the overall size of the companies they're investing in. Equal-weighted investments allocate the same amount of money to each security in a portfolio. Equal-weight ETFs have the ability to make more money during periods when small and mid-caps are outperforming large-caps.