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EQL invests in either securities of Invesco S&P 500 Equal Weight ETF (NYSE Arca ticker: RSP) or in securities of U.S.-listed companies in order to replicate the S&P 500 Equal Weight Index which has the same constituents as the capitalization-weighted S&P 500; however, each company represented in the index is allocated a fixed weight of 0.20% at each quarterly rebalancing of the index.
Invesco S&P 500 Equal Weight Index ETF - CAD