Invesco Dynamic Large Cap Growth ETF (PWB) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PWB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PWB
PWB charges 0.56% annually. There are 138 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | PWB vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.29B | Jun 2004 | PWB vs ILCB | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.43B | Sep 2017 | PWB vs PBUS | |
| iShares Morningstar Growth ETF | 0.04% | 3.24B | Jun 2004 | PWB vs ILCG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.41B | Jul 2000 | PWB vs IUSG |
Best Risk-Adjusted Alternatives to PWB
PWB has a PortfoliosLab risk / return rank of 68. There are 26 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hartford Multifactor US Equity ETF | 89 | 692.72M | Feb 2015 | PWB vs ROUS | |
| Impact Shares NAACP Minority Empowerment ETF | 87 | 59.00M | Jul 2018 | PWB vs NACP | |
| RiverFront Dynamic US Dividend Advantage ETF | 86 | 87.62M | Jun 2016 | PWB vs RFDA | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 86 | 290.05M | Aug 2017 | PWB vs MFUS | |
| iShares Core Dividend Growth ETF | 86 | 42.05B | Jun 2014 | PWB vs DGRO |
Top Performing PWB Alternatives (YTD)
PWB is at 24.96% YTD. There are 7 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 34.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SMART Earnings Growth ETF | 34.03% | 50.41M | Aug 2025 | PWB vs SGRT | |
| Mango Growth ETF | 32.07% | 239.95M | Dec 2025 | PWB vs GARY | |
| F/m Emerald Special Situations ETF | 29.78% | 29.00M | Aug 2014 | PWB vs SPIT | |
| US Vegan Climate ETF | 28.42% | 186.14M | Sep 2019 | PWB vs VEGN | |
| Invesco S&P 500 Pure Growth ETF | 26.05% | 2.19B | Mar 2006 | PWB vs RPG |
Lowest Volatility Alternatives to PWB
PWB has 22.01% 1-year volatility. There are 189 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 8.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 8.01% | 39.10M | May 2017 | PWB vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.15% | 1.54B | Apr 2015 | PWB vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.40% | 785.89M | Sep 2005 | PWB vs PFM | |
| iShares Core Dividend Growth ETF | 9.50% | 42.05B | Jun 2014 | PWB vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.71% | 1.39B | Aug 2020 | PWB vs TDVG |
Lowest Drawdown Alternatives to PWB
PWB has a 1-year max drawdown of -12.11%. There are 82 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 87.62M | Jun 2016 | PWB vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 692.72M | Feb 2015 | PWB vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 290.05M | Aug 2017 | PWB vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 42.05B | Jun 2014 | PWB vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.54B | Apr 2015 | PWB vs QUS |
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 $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 16.13% | 481.14B | Mar 1999 | PWB vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 62 | 26.03% | 22.01B | Oct 2015 | PWB vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 16.16% | 100.59B | Oct 2020 | PWB vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 58 | 12.75% | 96.24B | Apr 2003 | PWB vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 92 | 74.43% | 2.58B | Jun 2021 | PWB vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 40 | 3.75% | 10.85B | May 2005 | PWB vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.39% | 20.11B | Dec 2005 | PWB vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 11.46% | 3.29B | Oct 2012 | PWB vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | PWB vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 35 | 9.54% | 8.22B | Oct 2005 | PWB vs PPA |
Often Compared With PWB
Investors most often compare PWB with SCHG, PRF, PRFZ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PWB with Any Fund or Stock
Compare PWB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PWB with funds that move differently
Invesco Dynamic Large Cap Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PWB.
Explore PWB Diversifiers