EVEN ETF ANALYSIS

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EVEN ETF FUNDAMENTALS

Asset Class	Expense Ratio
AUM	Inception Date
Average Volume	Price/Book Ratio
Domicile	Price/Earnings Ratio
ISIN	ETF Provider
Segment	Tracking Index

EVEN ETF PERFORMANCE

EVEN ISSUER

EVEN Financial, the issuer behind the EVEN ETF, is a prominent player in the financial technology sector. Established as a technology platform that connects financial institutions with various digital channels, EVEN specializes in enhancing customer acquisition and engagement for the financial industry. Leveraging advanced data analytics and technology solutions, EVEN facilitates seamless integration between lenders and partners, ultimately providing consumers with improved access to financial products and services.

EVEN DIVIDEND

The EVEN ETF, which tracks an equal-weighted version of the S&P 500 Index, provides investors with exposure to a diverse range of 500 large U.S. companies. The ETF offers potential for consistent dividend income through its allocation to various sectors and industries, helping investors benefit from a balanced dividend stream that mirrors the performance of the equal-weighted index constituents.

EVEN TRACKING

The EVEN Equal Weight Large Cap ETF seeks to replicate the performance of the Index, an equal-weighted version of the S&P 500 Index. This ETF aims to provide investors with exposure to the largest U.S. companies while maintaining an equal allocation to each constituent, thereby mitigating the dominance of a few high-cap stocks. By tracking an equal-weighted index, EVEN offers a distinct approach to market exposure that can potentially reduce concentration risk and promote a more balanced representation of large-cap stocks in the portfolio.

EVEN CORRELATION

The Invesco S&P 500 Equal Weight ETF (EVEN) seeks to provide investment results that closely correspond to the performance of the S&P 500 Equal Weight Index. Unlike traditional market-cap weighted indices, the S&P 500 Equal Weight Index assigns equal weights to all components, allowing for a more balanced representation across sectors. This results in a higher correlation with the broader market, capturing the collective performance of the underlying stocks without the bias introduced by market capitalization.

EVEN SECTOR

The EVEN ETF tracks an equal-weighted version of the S&P 500 Index, comprising 500 large-cap U.S. stocks. As of January 3, 2022, the Index consisted of 505 constituents, with a median total market capitalization of $34 billion. The Index components are concentrated in various sectors, including information technology, healthcare, finance, consumer discretionary, and more. The EVEN ETF offers exposure to a diversified array of sectors, allowing investors to participate in the broader market dynamics across various industries.

EVEN EXPOSURE

The EVEN ETF follows an equal-weighted version of the S&P 500 Index, aiming to provide a balanced representation of large companies listed on U.S. stock exchanges. Unlike the traditional S&P 500 Index, EVEN assigns an equal weight to each component security upon rebalance, allowing for a diversified exposure without concentration in any particular industry or sector. As of January 3, 2022, the Index consisted of 505 constituents, reflecting a wide range of total market capitalizations and concentrations in the information technology sector, thereby ensuring a broad exposure to various segments of the market.

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