Invesco’s Equal-Weight ETF Offers 1.64% Yield Despite Higher 0.26% Fee
Invesco’s S&P 500 Equal Weight ETF charges a 0.26% expense ratio vs. rival funds’ 0.07%–0.03% but offers a 1.64% dividend yield, appealing to income-focused investors. Its one-year return of 13.32% trails mega-cap growth ETF MGK’s 21.27% and Vanguard’s 16.88%, while its five-year max drawdown of –21.39% is milder.
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