Invesco NASDAQ 100 Equal Weighted Index Fund

The Invesco NASDAQ 100 Equal Weighted Index Fund is an exchange-traded fund designed to track the performance of the NASDAQ-100 Equal Weighted Index. The primary function of this fund is to provide investors with exposure to the top 100 non-financial companies listed on the NASDAQ stock market, but with an equal weighting approach, unlike the market-cap-weighted NASDAQ-100 Index. This equal weighting ensures that each company has an equal impact on the index's performance regardless of its market capitalization, providing diversified exposure across multiple sectors, including technology, consumer goods, healthcare, and more. This methodology allows investors to potentially benefit from the growth of smaller companies while maintaining risk diversification across larger, established firms. The Invesco NASDAQ 100 Equal Weighted Index Fund thus plays a significant role in portfolio strategies aiming for balanced diversification and reduced concentration risk within the tech-dominated NASDAQ landscape.