INVECO S&P 500 EQL WGT INC ADVT ETF UNITS CADINVECO S&P 500 EQL WGT INC ADVT ETF UNITS CADINVECO S&P 500 EQL WGT INC ADVT ETF UNITS CAD

INVECO S&P 500 EQL WGT INC ADVT ETF UNITS CAD

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Key stats


Assets under management (AUM)
‪134.43 M‬CAD
Fund flows (1Y)
‪139.44 M‬CAD
Dividend yield (indicated)
9.23%
Discount/Premium to NAV
0.1%
Shares outstanding
‪6.63 M‬
Expense ratio

About INVECO S&P 500 EQL WGT INC ADVT ETF UNITS CAD


Brand
Invesco
Home page
Inception date
Aug 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Invesco Canada Ltd.
The fund seeks to generate income and capitalize on market upsides through a mix of equities and options premiums. For its equity portfolio, the fund invests in holdings and ETFs that aim to replicate the S&P 500 Equal Weight Index, an equal-weighted version of the S&P 500. For its options-based component, the fund utilizes equity-linked notes (ELNs). These ELNs incorporate covered call and/or cash-secured put strategies, designed to provide income and some downside protection to the declines of its equity portfolio. This approach introduces counterparty risk. To further manage risks, the fund holds a substantial portion of its assets in cash or cash equivalents, limiting its exposure to the volatility of the equity market. The adviser dynamically adjusts the portfolio based on market conditions to balance yield, performance, and risk. At its launch, the fund provided a fee waiver to attract investors. Prospective investors should review associated expenses before investing.

Broaden your horizons with more funds linked to EQLI via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EQLI trades at 20.23 CAD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on EQLI price chart.
EQLI net asset value is 20.22 today — it's risen 2.79% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EQLI assets under management is ‪134.43 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EQLI price has risen by 0.95% over the last month, and its yearly performance shows a −1.27% decrease. See more dynamics on EQLI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.43% decrease in three-month performance and has decreased by −1.63% in a year.
EQLI fund flows account for ‪139.44 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EQLI invests in funds. See more details in our Analysis section.
No, EQLI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EQLI technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EQLI shows the sell signal. See more of EQLI technicals for a more comprehensive analysis.
Yes, EQLI pays dividends to its holders with the dividend yield of 9.23%.
EQLI trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EQLI shares are issued by Invesco Ltd.
EQLI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 15, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.