L&G S&P 100 Equal Weight UCITS ETF USD Acc
Issuer: L&G |
Asset Class: Equity |
TER: 0.0019 |
Trading Currency: USD |
Pays Income: False |
Listing Date: 17 Jul 2025 |
Ticker: SPEG_LN |
ISIN: IE000YELA4E3 |
The L&G S&P 100 Equal Weight UCITS ETF USD Acc aims to provide investors with exposure to the top 100 companies listed on the S&P 500 index, but with a unique twist. Instead of weighting the companies by market capitalization, as is typically done in traditional index funds, this ETF equal weights all of the companies in the index. This means that each company in the S&P 100 index will have the same weighting in the ETF's portfolio, regardless of its size.
This equal-weighting strategy can potentially provide a more balanced exposure to the underlying index, as it prevents larger companies from dominating the performance of the ETF. By giving equal representation to all companies, investors can benefit from the performance of smaller companies that may have a higher growth potential but lower market capitalization. Additionally, this approach can help to reduce concentration risk within the portfolio, as no single company will have a disproportionate impact on the overall performance of the ETF.
Overall, the investment idea behind the L&G S&P 100 Equal Weight UCITS ETF USD Acc is to offer investors a unique way to gain exposure to the largest companies in the US market, while potentially benefiting from a more balanced and diversified portfolio construction. This ETF may be suitable for investors looking to achieve broad exposure to the S&P 100 index while minimizing the impact of individual company performance on their investment returns.