EQWL Fees and Costs — Invesco S&P 100 Equal Weight ETF
Data updated: 2026-09-28
The net expense ratio is 0.25%: a 0.25% management fee plus 0.05% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $55K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 23%.
EQWL Fees and Expenses
Annual operating expenses and sales charges of EQWL. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.30% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
EQWL Costs Over Time
On $10,000 invested in EQWL, assuming 5% a year before costs, total costs come to $161 over 5 years, cutting the return by 0.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $88 | $161 |
| Value after costs | $10,473 | $11,489 | $12,602 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
EQWL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0029%
- Total broker commissions: $55K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $9.3M
- Net income from securities lending: $13K (0.001% of average net assets)
EQWL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $30K | 56.81% |
| WELLS FARGO SECURITIES, LLC | $9K | 17.18% |
| UBS SECURITIES LLC | $6K | 10.91% |
| BNY MELLON CAPITAL MARKETS, LLC | $2K | 3.16% |
| VIRTU AMERICAS LLC | $1K | 2.56% |
| JEFFERIES LLC | $1K | 2.40% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 2.11% |
| BTIG, LLC | $971 | 1.86% |
| MIZUHO SECURITIES USA LLC | $856 | 1.64% |
| ACADEMY SECURITIES, INC. | $719 | 1.38% |
EQWL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $390.1M | 23.74% |
| JANE STREET CAPITAL, LLC | $350.0M | 21.30% |
| CITADEL SECURITIES LLC | $239.1M | 14.56% |
| RBC CAPITAL MARKETS, LLC | $195.5M | 11.90% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $190.4M | 11.59% |
| VIRTU AMERICAS LLC | $133.8M | 8.14% |
| BNY MELLON CAPITAL MARKETS, LLC | $97.3M | 5.92% |
| GOLDMAN, SACHS & CO. | $42.2M | 2.57% |
| UBS SECURITIES LLC | $4.4M | 0.27% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.