About iShares MSCI USA Equal Weighted ETF (EUSA)

IShares MSCI USA Equal Weighted ETF (EUSA) is an exchange-traded fund (ETF) that seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that have an equal weight. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S. equity securities exhibiting relatively higher price momentum. EUSA's goal is to provide investors with exposure to a diversified portfolio of U.S. stocks, while maintaining equal weightings to each individual stock.

The iShares MSCI USA Equal Weighted ETF (EUSA) has a market cap of $5.56 billion as of the latest data. The ETF offers investors a way to gain exposure to a broad range of U.S. equities while maintaining an equal weighting across all stocks. This equal weighting approach helps to mitigate the impact of any individual stock's performance on the overall portfolio. EUSA has a price-to-earnings growth (PEG) ratio of 1.18, indicating that its stock price is slightly overvalued compared to its expected earnings growth. However, investors should note that this analysis is based on historical data and may not reflect future performance.