New Invesco ETF on Xetra: 500 largest US companies
New Invesco ETF on Xetra: 500 largest US companies
A new exchange traded fund issued by Invesco has been tradable on Xetra and Börse Frankfurt since Friday.
The Invesco S&P 500 Equal Weight UCITS ETF - Acc, enables investors to participate in the performance of the 500 largest companies in leading sectors of the US economy. With this focus, investors can cover almost 80 per cent of the market capitalisation of the US equity market. Each company included in the index is assigned an equal weighting.
The reference index includes companies from the information technology, industrials, healthcare, financials, and non-consumer staples sectors.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Invesco S&P 500 Equal Weight UCITS ETF - Acc | Equity ETF | 0.20 per cent | Accumulating | S&P 500 Equal Weight Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,672 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.