Invesco S&P 500 Equal Weight Income Advantage ETF

Invesco S&P 500 Equal Weight Income Advantage ETF is an actively managed exchange-traded fund that combines broad U.S. large-cap equity exposure with an income-focused options overlay. The fund seeks to mirror the S&P 500 Equal Weight Index by investing in U.S. equities and U.S.-listed ETFs tied to that index, while also using equity-linked notes to generate option-based income. Its equal-weight structure reduces concentration in the largest companies by giving each S&P 500 constituent a similar portfolio weight, creating a more balanced exposure across sectors. The ETF is designed to deliver current income along with participation in equity market gains and some downside protection through its overlay strategy. It serves investors looking for a packaged approach to large-cap U.S. stocks, diversification, and monthly income generation within a single fund.