Invesco Russell 1000 Equal Weight ETF (EQAL) Performance
EQAL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.9% since Dec 31, 2025
- 1 year
- +13.8% total return
- 5 years
- +6.4% a year
- 10 years
- +10.5% a year
- Since first price
- +9.2% a year since 2014
EQAL trailing returns vs SPY, QQQ, AGG
| Period | EQAL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −0.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.0% | +1.1% | +7.8% | +8.4% | −1.5% |
| YTD | +12.9% | +11.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.8% | +11.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +62.6%+17.6%/yr | +54.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +36.0%+6.4%/yr | +24.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +171.4%+10.5%/yr | +128.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionDec 29, 2014 | +182.0%+9.2%/yr | +130.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EQAL vs SPY
From Dec 29, 2014: EQAL grew to $28,195, SPY to $44,190.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EQAL returns by calendar year
8 of 11 full years positive. Best 2019 (+24.5%), worst 2022 (−13.5%). 2026 is year to date.
EQAL annual returns table
| Year | EQAL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.9% | −7.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.0% | −17.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.4% | −7.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.0% | −15.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.5% | −21.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +23.1% | −7.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +16.6% | −40.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.5% | −7.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.2% | −21.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +17.4% | −3.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +15.6% | −11.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.8% | −14.5% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EQAL largest drawdowns
Now 4.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2020 | −40.4% | Mar 23, 2020 | Oct 12, 2020 | 2 months | 9 months |
| Nov 15, 2021 | −21.8% | Sep 30, 2022 | Mar 27, 2024 | 10 months | 2.4 years |
| Sep 21, 2018 | −21.0% | Dec 24, 2018 | Jul 24, 2019 | 3 months | 10 months |
| May 21, 2015 | −20.4% | Feb 11, 2016 | Jul 12, 2016 | 9 months | 1.1 years |
| Nov 29, 2024 | −19.6% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Jan 26, 2018 | −10.1% | Feb 8, 2018 | Jul 9, 2018 | 13 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EQAL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +14.9% | +7.0% | +10.0% | +9.1% |
| Volatility (annualized) | 13.4% | 16.5% | 17.7% | 17.1% |
| Sharpe ratio | 0.78 | 0.28 | 0.50 | 0.48 |
| Sortino ratio | 1.28 | 0.41 | 0.75 | 0.72 |
| Best month | +8.1% | +9.3% | +18.2% | +18.2% |
| Worst month | −6.6% | −10.5% | −19.1% | −19.1% |
| Best 12 months | +28.9% | +28.9% | +80.6% | +80.6% |
| Worst 12 months | +3.4% | −15.8% | −23.0% | −23.0% |
| Positive months | 67% | 58% | 65% | 63% |
| Beta vs S&P 500 | 0.80 | 0.91 | 1.04 | — |
| Correlation with S&P 500 | 0.74 | 0.87 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EQAL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 131 | −23.0% | +9.7% | +80.6% | 76% |
| 3-year (a year) | 107 | −3.4% | +9.8% | +21.4% | 99% |
| 5-year (a year) | 83 | +0.5% | +9.0% | +16.3% | 100% |
| 10-year (a year) | 23 | +7.7% | +10.0% | +11.8% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
EQAL performance overview
Invesco Russell 1000 Equal Weight ETF (EQAL) returned +13.8% over the past year and +10.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +9.2% a year, turning $10,000 into about $28,195. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −40.4%, from Jan 16, 2020 to Mar 23, 2020, and it took 7 months to get back to the old high. EQAL finished 8 of its 11 full calendar years with a gain; the best year was 2019 (+24.5%) and the worst 2022 (−13.5%). Volatility has been 17.1% a year.
Related: EQAL chart, EQAL holdings, EQAL dividends, EQAL valuation. See the EQAL overview for the latest quote and fund facts.
EQAL performance FAQ
What is the EQAL return over the past year?
EQAL returned +13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.8%.
What is the average annual return of EQAL?
EQAL has returned +6.4% a year over 5 years, +10.5% a year over 10 years, +9.2% a year since December 29, 2014 (total return, distributions reinvested).
How much would $10,000 invested in EQAL be worth?
$10,000 invested in EQAL at its first recorded close on December 29, 2014 would be worth about $28,195 on October 23, 2026 with distributions reinvested.
What was the worst year for EQAL?
The worst calendar year was 2022, with a total return of −13.5%. The best was 2019 at +24.5%.
What is the biggest drawdown of EQAL?
The largest peak-to-trough decline was −40.4% between January 16, 2020 and March 23, 2020. It recovered to the old high on October 12, 2020, 7 months after the bottom.
How volatile is EQAL?
Over the past 3 years EQAL had an annualized volatility of 13.4% and a Sharpe ratio of 0.78 (excess return over 1–3 month T-bills per unit of risk).