Overview
Description
iShares S&P 500 Equal Weight USD Accumulating is an exchange-traded fund (ETF) designed to emulate the performance of the S&P 500 Equal Weight Index. This ETF takes a distinctive approach by allocating equal investment weight across all companies within the S&P 500 index, unlike traditional market-capitalization-weighted funds. This results in a diversified and balanced exposure across various sectors, ensuring that performance is not overly influenced by the largest companies. The fund’s accumulating structure reinvests dividends back into the fund, which can be beneficial for investors seeking long-term growth without the need for regular dividend payouts. iShares offers this ETF as part of its broader range of investment products, providing investors with an opportunity to achieve balanced exposure to the U.S. market via a single instrument.
About
Address
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON