Overview
Description
Xtrackers S&P 500 Equal Weight UCITS ETF 1C is an equity exchange-traded fund designed to track the performance of the S&P 500 Equal Weight Index. Unlike traditional S&P 500 funds that weight companies by market capitalization, this ETF assigns an equal weight to each constituent, thereby ensuring that all 500 large-cap U.S. companies have the same impact on index performance. This approach diversifies exposure across the entire range of sectors within the U.S. equity market and reduces concentration in the largest stocks. The ETF employs a physical replication strategy, holding all index constituents directly, and follows an accumulating policy, reinvesting all dividends received back into the fund rather than paying them out. With assets exceeding 7.5 billion euros and a competitive total expense ratio of 0.20% per annum, it is one of the largest vehicles available for investors seeking broad, balanced access to the U.S. market through an equal-weighted framework. Launched in 2014 and domiciled in Ireland, this ETF frequently appeals to those prioritizing diversification within the U.S. equity sector.
About
Address
—
Phone
+352 42101-1
Website
—
Instrument type
ETF
Country
United States
MIC code
PINX