L&G S&P 100 Equal Weight UCITS ETF (SP1G)

Profile

L&G S&P 100 Equal Weight UCITS ETF is an exchange-traded fund designed to provide equally weighted exposure to the S&P 100 Equal Weight Index, which consists of 100 of the largest US blue chip companies spanning multiple industry groups. Unlike traditional index funds that weight holdings based on market capitalization, this ETF allocates an identical weight to each constituent at each rebalance, effectively mitigating concentration risk and promoting diversified exposure to large-cap US equities. The fund employs a physical, full-replication strategy, directly investing in all constituent companies of the underlying index as closely as possible. With a total expense ratio of 0.19% per annum, it offers a cost-effective means of capturing the performance of leading US corporations without overemphasizing the largest names. The ETF accumulates dividends, reinvesting them rather than distributing to investors, resulting in a gradual increase in the fund's value. Launched in July 2025 and domiciled in Ireland, this ETF serves as a strategic tool for both core US equity allocations and as a diversifying complement to traditional, market-cap-weighted US equity exposures.