Invesco 1-30 Laddered Treasury ETF (PLW) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PLW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLW
PLW charges 0.25% annually. There are 73 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 13.24B | Aug 2010 | PLW vs SCHO | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | 5.90B | Nov 2011 | PLW vs SPTS | |
| SPDR Portfolio Long Term Treasury ETF | 0.03% | 10.14B | May 2007 | PLW vs SPTL | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.92B | Sep 2022 | PLW vs XHLF | |
| Schwab Long-Term U.S. Treasury ETF | 0.03% | 787.62M | Oct 2019 | PLW vs SCHQ |
Best Risk-Adjusted Alternatives to PLW
PLW has a PortfoliosLab risk / return rank of 19. There are 53 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 45.99B | May 2007 | PLW vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.73B | Jan 2007 | PLW vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.62B | Sep 2016 | PLW vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 100 | 17.01B | Feb 2014 | PLW vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 100 | 6.60B | Feb 2014 | PLW vs TFLO |
Top Performing PLW Alternatives (YTD)
PLW is at -0.55% YTD. There are 58 ETFs in the Government Bonds category with higher YTD returns, going as high as 4.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quadratic Deflation ETF | 4.32% | 6.46M | Sep 2021 | PLW vs BNDD | |
| iShares Global Government Bond USD Hedged Active E... | 2.30% | 44.04M | Jun 2025 | PLW vs GGOV | |
| Simplify Treasury Option Income ETF | 1.90% | 438.06M | Oct 2022 | PLW vs BUCK | |
| WisdomTree Floating Rate Treasury Fund | 1.60% | 17.01B | Feb 2014 | PLW vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 1.59% | 6.60B | Feb 2014 | PLW vs TFLO |
Lowest Volatility Alternatives to PLW
PLW has 6.58% 1-year volatility. There are 61 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Treasury ETF | 0.00% | 1.55B | Feb 2020 | PLW vs IBTE | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.73B | Jan 2007 | PLW vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 45.99B | May 2007 | PLW vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.23% | 7.62B | Sep 2016 | PLW vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 17.01B | Feb 2014 | PLW vs USFR |
Lowest Drawdown Alternatives to PLW
PLW has a 1-year max drawdown of -5.45%. There are 50 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | -0.01% | 20.73B | Jan 2007 | PLW vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 45.99B | May 2007 | PLW vs BIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.60B | Feb 2014 | PLW vs TFLO | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.62B | Sep 2016 | PLW vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.01B | Feb 2014 | PLW vs USFR |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | PLW vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 75 | 30.35% | 19.93B | Oct 2015 | PLW vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 74 | 21.39% | 96.91B | Oct 2020 | PLW vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 49 | 9.70% | 89.51B | Apr 2003 | PLW vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 56 | 7.57% | 11.15B | May 2005 | PLW vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 96.72% | 2.41B | Jun 2021 | PLW vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 54 | 15.48% | 18.88B | Dec 2005 | PLW vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 21 | 4.38% | 3.23B | Oct 2012 | PLW vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 37 | 8.54% | 8.37B | Oct 2005 | PLW vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 67 | 23.73% | 7.49B | Mar 2005 | PLW vs XMMO |
Often Compared With PLW
Investors most often compare PLW with TLH, IEF, TLT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PLW with Any Fund or Stock
Compare PLW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLW with funds that move differently
Invesco 1-30 Laddered Treasury ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLW.
Explore PLW Diversifiers