Name of ETF: PowerShares Russell 1000 Equal Weight ETF
Benchmark Index: Russell 1000 Equal Weight Index
Ticker Symbol: EQAL
Approximate Number of Stocks in this ETF: 1000
Types of Companies Included: The Russell 1000 is comprised of the largest U.S. companies. The large and mid-sized companies within this index make up over 90% of the U.S. market.
Individual Company Weight: This ETF is equally weighed which by its nature means this ETF is diversified with no one company representing a significant percentage of the ETF.
Related Links: