The agency mentioned its S&P 500 Equal Weight Swap ETF is the “first swap-based equal weight ETF on the planet”, offering buyers with publicity to the equal weight index.
Invesco unveils trio of future-focused thematic ETFs
The ETF is constructed from the dad or mum S&P 500 index, together with the identical constituents however equally weighting them at every rebalancing date quite than weighting corporations in keeping with their market capitalisation, Invesco defined.
It can observe the index’s efficiency by swap-based replication, which means the ETF will maintain a basket of high quality equities and ship t…
