Invesco S&P 500 Equal Weight UCITS ETF Acc

What this fund is

Invesco S&P 500 Equal Weight UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker SPEQ (ISIN IE00BNGJJT35). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Rather than a manager picking stocks, it simply replicates the S&P 500 Equal Weight Net Total Return index — the passive, low-cost approach, and its largest holdings include MODERNA INC USD0.0001, BIO-TECHNE CORP USD0.01 and GENUINE PARTS CO USD1. It holds around 504 positions (the ten largest ≈ 2.6%), spreading risk so no single holding decides your outcome.

By geography it is weighted towards ~94% United States, ~3% Ireland and ~1% Bermuda. Its heaviest sectors are ~16.4% Industrials and ~15.6% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 26.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2021. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)