Invesco Russell 1000 Quality Factor ETF (OQAL)
Invesco Russell 1000 Quality Factor ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $28.39, down 14.18% on the session, giving a market capitalisation of $6.4M. Its beta of 0.00 implies it has historically moved less than the broad market.
The primary objective of this fund is to mirror the financial performance (prior to accounting for any charges or operational costs) of the Russell 1000 Quality Factor Index, which it refers to as its benchmark. Typically, a minimum of 90% of its total capital will be allocated to the same securities that constitute this benchmark index. This benchmark index itself is composed of the thousand biggest U.S. corporations by market capitalization. Furthermore, this fund operates on a non-diversified basis.
Invesco Russell 1000 Quality Factor ETF is most often compared with the following Financial Services names: