Should Invesco S&P 100 Equal Weight ETF (EQWL) Be on Your Investing Radar?

The Invesco S&P 100 Equal Weight ETF (EQWL) is a passively managed large-cap blend ETF with $2.78 billion in assets and a competitive 0.25% expense ratio. With 103 holdings and a beta of 0.89, it offers medium-risk diversification. Year-to-date performance is 11.37% and one-year performance is 14.45%. The ETF received a Zacks ETF Rank of 3 (Hold), positioning it as a sufficient option for large-cap blend exposure, though lower-cost alternatives like VOO and IVV are also available.