02:32:48 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Invesco S&P Europe 350 Equal Weight Index ETF
Symbol EQE
Shares Issued 100,000
Close 2025-02-28 C$ 23.70
Market Cap C$ 2,370,000
Recent Sedar+ Documents

Invesco Canada launches equally weighted ETF

2025-04-03 17:12 ET - News Release

Also News Release (C-EQL) Invesco S&P 500 Equal Weight Index ETF
Also News Release (C-EQLI) Invesco S&P 500 Equal Weight Income Advantage ETF
Also News Release (C-EQLT) Invesco S&P/TSX 60 Equal Weight Index ETF

Mr. Pat Chiefalo reports

INVESCO CANADA EXPANDS ITS EQUAL WEIGHTED ETF SUITE WITH THE LAUNCH OF INVESCO S&P/TSX 60 EQUAL WEIGHT INDEX ETF

Invesco Canada Ltd. has launched Invesco S&P/TSX 60 Equal Weight Index ETF (EQLT), the only exchange-traded fund to offer equally weighted broad Canadian equity exposure, providing the opportunity to diversify exposures as compared with top heavy benchmarks and more concentrated portfolios. EQLT joins Invesco Canada's equal weighted ETF suite in offering investors access to greater diversification through more balanced exposures of an underlying index and reduced concentration risk across several critical equity exposures:

  • New: Invesco S&P/TSX 60 Equal Weight Index ETF (EQLT);
  • Invesco S&P 500 Equal Weight Index ETF (EQL, EQL.F and EQL.U);
  • Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI);
  • Invesco S&P Europe 350 Equal Weight Index ETF (EQE and EQE.F);
  • Invesco NASDAQ 100 Equal Weight Index ETF (QQEQ and QQEQ.F).

"By offering equal weighted access to companies included in the large-cap segment of the Canadian equity market, EQLT aims to provide investors with a critical vehicle for portfolios in the current market environment," said Pat Chiefalo, senior vice-president, head ETFs and index strategies, Canada. "We have seen significant demand for our current equal weight ETF offerings with our Canadian domiciled equal weighted ETF suite reaching an AUM of about $2.5-billion (1). We're excited to be the only asset manager with an ETF that seeks to replicate the S&P/TSX 60 Equal Weight Index."

The index-based EQLT can serve as a core or complementary Canadian equity exposure as EQLT seeks to replicate the performance of the S&P/TSX 60 Equal Weight Index. EQLT aims to provide a strategic opportunity for potential capital growth over the long term while allocating an equal weight to equity investments.

"The EQLT strategy reduces portfolio concentration risk and creates a more balanced portfolio," continued Mr. Chiefalo. "The index is a robust option that allows advisers and investors flexibility to express or complement their investment views in Canadian equity compared to traditional cap-weighted indexes."

EQLT is rebalanced quarterly to keep equal weight exposure maintained and can create a buy-low/sell-high effect over time. Historically, quarterly rebalancing also offers more stable exposure to sectors and companies compared with the S&P/TSX 60, which may reduce the impact of market bubbles when compared with the S&P/TSX 60.

The initial offering of EQLT has closed. Units in EQLT will be available for trading on the Toronto Stock Exchange when the market opens on April 3, 2025.

About Invesco Ltd.

Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Its distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.85-trillion (U.S.) in assets on behalf of clients worldwide as of Dec. 31, 2024.

There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Ordinary brokerage commissions apply to purchases and sales of ETF units.

Commissions, management fees and expenses may all be associated with investments in exchange-traded funds. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing. Copies are available from Invesco Canada.

(1) The assets under management of the collective Invesco Canada Equal Weighted ETFs are $2,477,775,663 as of March 17, 2025.

© 2026 Canjex Publishing Ltd. All rights reserved.