(SP2Q) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Index ETF Acc EUR (Ticker: SP2Q) listed on XETRA, offers exposure to large-cap U.S. equities through an equal-weighted approach. Unlike traditional market-cap weighted ETFs, this fund assigns equal weight to each of the 500 constituents in the S&P 500, reducing concentration risk and providing more balanced exposure across sectors and companies.

With an AUM of 1,134.18 million EUR, this ETF is denominated in euros and is domiciled in Germany. It tracks the Morningstar US Large-Mid NR USD index, which focuses on large and mid-capitalization U.S. companies. The fund is designed for investors seeking diversified exposure to the U.S. large-cap market without the bias toward the largest companies inherent in market-cap weighting.

Key details for investors include its expense ratio, tracking difference, and liquidity profile. While specific valuation metrics like P/E and P/B are not directly applicable to the ETF itself, they are relevant for the underlying index constituents. Fund managers and investors should evaluate the ETF’s tracking accuracy and trading volume to assess its suitability for their portfolios.