Invesco Russell 1000 Equal Weight ETF (EQAL US) – Portfolio Construction MethodologyThe underlying Russell 1000 Equal Weight Index provides industry-balanced exposure to U.S. large caps by first assigning equal weights to each ICB headline industry in the Russell 1000 and then equally weighting constituents within each industry. A capacity screen removes any security where a hypothetical USD 5bn position would exceed 5% of its float-adjusted shares; only the primary share class per company is eligible. The ...

iShares ESG Aware MSCI USA ETF (ESGU US) – Portfolio Construction MethodologyThe underlying MSCI USA Extended ESG Focus Index delivers an optimized subset of the MSCI USA parent, maximizing normalized ESG score subject to a 0.5% predicted tracking-error budget. Eligibility excludes firms flagged for severe controversies (ESG Controversies Score = 0) and those with involvement in Tobacco, Controversial Weapons, Civilian Firearms, Thermal Coal, and Oil Sands. Optimization constrains security active weights to ...

iShares MSCI Europe Financials ETF (EUFN US) – Portfolio Construction MethodologyThe underlying MSCI Europe Financials Index offers free-float market-cap-weighted exposure to developed Europe financials by selecting all constituents of the MSCI Europe Index classified in GICS Financials. The parent MSCI Europe targets the top ~85% of free-float market cap in each developed European market via large- and mid-cap segments, using buffer zones to limit turnover. Eligibility reflects MSCI’s investability standar ...

Eaton Vance High Yield ETF (EVHY US) – Portfolio Construction MethodologyThe investment strategy shaping the actively managed Eaton Vance High Yield ETF seeks a high level of current income by investing predominantly in below-investment-grade corporate bonds, with emphasis on the higher-quality segment of the high-yield universe (commonly BB and B). Selection is driven by bottom-up credit research assessing business durability, capital structures, covenants, and recovery values, complemented by relative-val ...

iShares MSCI Canada ETF (EWC US) – Portfolio Construction MethodologyThe underlying MSCI Canada Custom Capped Index offers free float-adjusted, market-cap-weighted exposure to Canadian large- and mid-caps (Standard Index target coverage 85% ±5%), subject to investability screens (FIF generally ≥0.15 with enhanced size tests if lower; foreign room ≥25% for full inclusion; Developed Markets liquidity of 12-month ATVR ≥20%, 3-month ATVR ≥20% and 3-month trading frequency ≥90% across four quarters). It applies ...

iShares MSCI Australia ETF (EWA US) – Portfolio Construction MethodologyThe underlying MSCI Australia Index offers free-float market-cap-weighted exposure to Australian equities, targeting approximately 85% of the Australian Market Investable Equity Universe across large and mid caps. Eligibility follows MSCI GIMI rules: free float assessed via the Foreign Inclusion Factor (FIF) with a minimum effective free float of 15%; for securities under foreign ownership limits, foreign room ≥25% is required for full ...

iShares MSCI Japan Value ETF (EWJV US) – Portfolio Construction MethodologyThe underlying MSCI Japan Value Index (USD) delivers large- and mid-cap Japan exposure with value style emphasis, derived from the MSCI Japan parent. Eligibility inherits MSCI Global Investable Market Index rules: free-float adjustment, foreign-room limits, and Developed Market liquidity tests (e.g., ATVR and trading-frequency thresholds applied over recent quarters). Selection uses a composite value score from book-to-price, 12-mont ...

iShares MSCI Austria ETF (EWO US) – Portfolio Construction MethodologyThe underlying MSCI Austria IMI 25/50 Index targets virtually the entire investable Austrian equity universe—large, mid and small caps covering about 99% of free float market cap—while imposing US RIC concentration limits. Austrian listings and eligible ADR/GDRs must satisfy MSCI developed-market investability screens, including 12-month and 3-month ATVR ≥20%, trading frequency ≥90%, and free float ≥0.15. Companies are ranked by free floa ...

iShares MSCI Brazil ETF (EWZ US) – Portfolio Construction MethodologyThe underlying MSCI Brazil 25/50 Index provides free-float-adjusted, market-cap-weighted exposure to Brazil’s large- and mid-cap equities, typically covering ~85% of Brazil’s investable market. Eligibility follows MSCI Global Investable Market Index standards, including foreign-ownership adjustments and liquidity screens; constituents are drawn from the MSCI Brazil Index. A 25/50 capping optimization is applied at each quarterly review (Fe ...

iShares MSCI Brazil Small-Cap ETF (EWZS US) – Portfolio Construction MethodologyThe underlying MSCI Brazil Small Cap Index delivers Brazil small caps from the MSCI Global Investable Market framework, representing roughly the segment between the Standard 85% cutoff and ~99% free-float market cap coverage, with buffer rules to limit migration. Eligible securities must satisfy MSCI investability standards, including free float and liquidity tests measured by Annualized Traded Value Ratio and trading frequency; ...