Invesco Equally-Weighted S&P 500 Fund
U.S. stock index fund · tracks S&P 500 Equal Weight Index
As of its 2026 Q2 report, Invesco Equally-Weighted S&P 500 Fund held 509 positions with $7.12B in net assets. Its ten largest holdings made up 8.0% of the fund. The VADCX share class costs 1.27% a year. Over the 12 months to May 2026, VADCX returned 19.0%, with dividends reinvested. In 2026 Q2 it added 8 new positions and exited 7.
The Funds investment objective is total return through growth of capital and current income.
The fund tracks the S&P 500 Equal Weight Index by holding all of its constituent securities in equal proportion, rebalancing quarterly so that each stock maintains the same weight regardless of market capitalization. This equal-weighting approach tilts the portfolio toward smaller constituents within the large-cap universe compared to the market-cap-weighted S&P 500. The fund uses futures contracts to manage cash and seek exposure to index securities.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Invesco Private Prime Fund | 3.14% | $223.48M | — | — |
Invesco Private Government Fund | 1.21% | $86.08M | — | — |
0.53% | $37.82M | 89.8K | $420.91 | |
SNDKSandisk Corp. | 0.48% | $34.25M | 20.2K | $1,694.98 |
0.47% | $33.37M | 64.7K | $516.10 | |
TRPXXInvesco Treasury Portfolio | 0.45% | $31.71M | — | — |
INTCIntel Corp. | 0.44% | $31.63M | 275.8K | $114.68 |
0.43% | $30.86M | 31.8K | $971.00 | |
0.42% | $30.21M | 34.3K | $879.80 | |
0.38% | $27.01M | 223.9K | $120.62 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 509 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.23% |
| Cash & short-term | 5.03% |
| Derivatives | 0.02% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 18.0%
- Industrials
- 14.3%
- Financials
- 14.3%
- Health Care
- 10.6%
- 9 other sectors
- 42.8%
- Information Technology
- 18.0%
- Industrials
- 14.3%
- Financials
- 14.3%
- Health Care
- 10.6%
- Consumer Discretionary
- 8.7%
- Consumer Staples
- 6.3%
- Real Estate
- 5.8%
- Utilities
- 5.4%
- Cash
- 4.8%
- Materials
- 4.6%
- Energy
- 3.8%
- Communication Services
- 3.5%
- International
- 0.0%
How it has done
VADCX share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.32%. Past returns are a record, not a forecast.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.27% | +18.98% | +52.28% | +42.31% | -12.11% | |
| 0.28% | +20.13% | +56.86% | +49.56% | -11.88% | |
| 0.53% | +19.85% | +55.72% | +47.77% | -11.93% | |
| 0.78% | +19.54% | +54.55% | +45.91% | -11.99% | |
| 0.18% | +20.26% | +57.38% | +50.33% | -11.85% |
These classes hold the same portfolio, so the 8.02pp spread over 5 years is the cost difference between them — roughly 1.60pp a year — not a difference in what they own.
Fees & fund details
Invesco Equally-Weighted S&P 500 Fund is a U.S. equity index fund that tracks the S&P 500 Equal Weight Index. 14% of VADCX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.18% – 1.27%· VADCX 1.27%
- Portfolio turnover
- 25.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
8 new
7 exited
Understand how this fund fits with the rest.
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