Invesco S&P 500 Equal Weight Swap UCITS ETF Acc

The Invesco S&P 500 Equal Weight Swap UCITS ETF Acc is an equity-focused exchange-traded fund designed to replicate the performance of the S&P 500 Equal Weight Index. Unlike traditional S&P 500 funds that are weighted by market capitalization, this ETF allocates equal weight to each constituent, offering balanced exposure across all 500 large-cap US companies. As a result, it reduces concentration risk and emphasizes diversification, ensuring no single company disproportionately influences performance. The fund achieves its investment objective synthetically through swap agreements instead of directly holding underlying securities. This accumulating ETF reinvests any income back into the fund, potentially enhancing long-term value. With a total expense ratio of 0.20% per annum, it offers cost-effective access to the US equity market while mitigating the dominance of mega-cap stocks. Launched in January 2025 and domiciled in Ireland, the fund appeals to those seeking broad, balanced participation in the US market via a transparent, rules-based index approach, supported by efficient index tracking through synthetic replication.