Invesco S&P 100 Equal Weight ETF (EQWL) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EQWL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EQWL
EQWL charges 0.25% annually. There are 78 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.89B | Mar 2019 | EQWL vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.50M | Sep 2025 | EQWL vs GXLC | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.48B | Oct 2000 | EQWL vs SPTM | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 94.34B | Jan 2004 | EQWL vs ITOT | |
| Schwab U.S. Broad Market ETF | 0.03% | 43.26B | Nov 2009 | EQWL vs SCHB |
Best Risk-Adjusted Alternatives to EQWL
EQWL has a PortfoliosLab risk / return rank of 83. There are 17 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 96 | 927.09M | Sep 2018 | EQWL vs IUS | |
| Avantis Inflation Focused Equity ETF | 95 | 12.36M | Sep 2022 | EQWL vs AVIE | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | EQWL vs AFOS | |
| Essential 40 Stock ETF | 93 | 180.66M | Jun 2014 | EQWL vs ESN | |
| PIMCO RAFI ESG U.S. ETF | 93 | 160.47M | Dec 2019 | EQWL vs RAFE |
Top Performing EQWL Alternatives (YTD)
EQWL is at 13.88% YTD. There are 95 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 39.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 39.35% | 33.11M | Nov 2023 | EQWL vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 32.29% | — | May 2024 | EQWL vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 31.85% | 293.98M | Jun 2025 | EQWL vs AFOS | |
| Mohr Company Nav ETF | 28.97% | — | Sep 2024 | EQWL vs CNAV | |
| Inspire 100 ETF | 25.22% | 479.22M | Oct 2017 | EQWL vs BIBL |
Lowest Volatility Alternatives to EQWL
EQWL has 10.70% 1-year volatility. There are 16 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 7.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Azoria 500 Meritocracy ETF | 7.17% | — | Jul 2025 | EQWL vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | 9.12% | 402.23M | May 2020 | EQWL vs SIXA | |
| State Street SPDR MSCI USA StrategicFactors ETF | 9.21% | 1.53B | Apr 2015 | EQWL vs QUS | |
| Liberty One Spectrum ETF | 9.34% | 65.78M | Sep 2025 | EQWL vs SPCT | |
| ALPS Equal Sector Weight ETF | 9.43% | 744.97M | Jul 2009 | EQWL vs EQL |
Lowest Drawdown Alternatives to EQWL
EQWL has a 1-year max drawdown of -7.76%. There are 33 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | -4.97% | 12.36M | Sep 2022 | EQWL vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | EQWL vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | EQWL vs SIXA | |
| Invesco RAFI Strategic US ETF | -6.15% | 927.09M | Sep 2018 | EQWL vs IUS | |
| ALPS Equal Sector Weight ETF | -6.19% | 744.97M | Jul 2009 | EQWL vs EQL |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 54 | 17.04% | 452.80B | Mar 1999 | EQWL vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 49 | 26.49% | 21.05B | Oct 2015 | EQWL vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 54 | 17.07% | 97.11B | Oct 2020 | EQWL vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 72 | 15.64% | 96.96B | Apr 2003 | EQWL vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 69.81% | 2.58B | Jun 2021 | EQWL vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 16.16% | 19.45B | Dec 2005 | EQWL vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 41 | 6.54% | 10.56B | May 2005 | EQWL vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 42 | 12.35% | 4.04B | Oct 2012 | EQWL vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 42 | 15.38% | 7.18B | Mar 2005 | EQWL vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 51 | 13.50% | 4.08B | Feb 2012 | EQWL vs IDMO |
Often Compared With EQWL
Investors most often compare EQWL with VOO, SPY, SCHD. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare EQWL with Any Fund or Stock
Compare EQWL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EQWL with funds that move differently
Invesco S&P 100 Equal Weight ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EQWL.
Explore EQWL Diversifiers