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 75 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% | 8.54B | Mar 2019 | EQWL vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.51M | Sep 2025 | EQWL vs GXLC | |
| Franklin U.S. Equity Index ETF | 0.03% | 1.98B | Jun 2016 | EQWL vs USPX | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 93.53B | Jan 2004 | EQWL vs ITOT | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.55B | Oct 2000 | EQWL vs SPTM |
Best Risk-Adjusted Alternatives to EQWL
EQWL has a PortfoliosLab risk / return rank of 61. There are 74 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 90 | 1.04B | Sep 2018 | EQWL vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 90 | — | May 2024 | EQWL vs RSSY | |
| Mohr Company Nav ETF | 84 | — | Sep 2024 | EQWL vs CNAV | |
| Longview Advantage ETF | 84 | 562.31M | Feb 2025 | EQWL vs EBI | |
| Pacer Swan SOS Conservative (December) ETF | 84 | 46.99M | Dec 2020 | EQWL vs PSCX |
Top Performing EQWL Alternatives (YTD)
EQWL is at 8.85% YTD. There are 92 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 46.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mohr Company Nav ETF | 46.16% | — | Sep 2024 | EQWL vs CNAV | |
| Aztlan North America Nearshoring Stock Selection E... | 43.75% | 33.11M | Nov 2023 | EQWL vs NRSH | |
| iShares MSCI USA Momentum Factor ETF | 32.00% | 28.16B | Apr 2013 | EQWL vs MTUM | |
| ARS Focused Opportunities Strategy ETF | 31.60% | 293.98M | Jun 2025 | EQWL vs AFOS | |
| Return Stacked US Stocks & Futures Yield ETF | 29.90% | — | May 2024 | EQWL vs RSSY |
Lowest Volatility Alternatives to EQWL
EQWL has 10.71% 1-year volatility. There are 35 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 2.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Laddered Max Buffer ETF | 2.38% | — | Jun 2025 | EQWL vs BUFH | |
| FT Vest Laddered Enhance & Moderate Buffer ETF | 4.05% | — | Jun 2025 | EQWL vs BUFX | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 4.51% | 457.76M | Jun 2020 | EQWL vs DJUN | |
| Innovator U.S. Equity Ultra Buffer ETF - June | 4.60% | 171.95M | Jun 2019 | EQWL vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 5.09% | 369.81M | May 2020 | EQWL vs DMAY |
Lowest Drawdown Alternatives to EQWL
EQWL has a 1-year max drawdown of -7.76%. There are 50 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - June | -2.84% | 171.95M | Jun 2019 | EQWL vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | -3.15% | 457.76M | Jun 2020 | EQWL vs DJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | -3.36% | 369.81M | May 2020 | EQWL vs DMAY | |
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | EQWL vs BDGS | |
| FT Cboe Vest U.S. Equity Buffer ETF - June | -4.13% | 1.89B | Jun 2020 | EQWL vs FJUN |
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 $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | EQWL vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 68 | 29.91% | 21.99B | Oct 2015 | EQWL vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | EQWL vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | EQWL vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | EQWL vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | EQWL vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 61 | 16.54% | 21.05B | Dec 2005 | EQWL vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | EQWL vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | EQWL vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | EQWL vs PPA |
Often Compared With EQWL
Investors most often compare EQWL with VOO, SPY, SCHD. These 20 comparison targets span 12 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