Invesco 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 0.55% annually. There are 129 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.27B | Jun 2004 | PWB vs ILCB | |
| Vanguard Growth ETF | 0.03% | 378.80B | Jan 2004 | PWB vs VUG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 51.09B | Sep 2000 | PWB vs SPYG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.12B | Jul 2000 | PWB vs IUSG | |
| iShares Morningstar Growth ETF | 0.04% | 3.11B | Jun 2004 | PWB vs ILCG |
Best Risk-Adjusted Alternatives to PWB
PWB has a PortfoliosLab risk / return rank of 55. There are 49 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Core Dividend Growth ETF | 91 | 42.77B | Jun 2014 | PWB vs DGRO | |
| Hartford Multifactor US Equity ETF | 91 | 705.83M | Feb 2015 | PWB vs ROUS | |
| Xtrackers Russell 1000 US Quality at a Reasonable ... | 90 | 76.03M | Apr 2018 | PWB vs QARP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 89 | 290.05M | Aug 2017 | PWB vs MFUS | |
| RiverFront Dynamic US Dividend Advantage ETF | 89 | 88.05M | Jun 2016 | PWB vs RFDA |
Top Performing PWB Alternatives (YTD)
PWB is at 20.52% YTD. There are 6 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 25.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mango Growth ETF | 25.69% | 239.95M | Dec 2025 | PWB vs GARY | |
| SMART Earnings Growth ETF | 25.07% | 50.41M | Aug 2025 | PWB vs SGRT | |
| F/m Emerald Special Situations ETF | 24.45% | 29.00M | Aug 2014 | PWB vs SPIT | |
| US Vegan Climate ETF | 23.72% | 186.14M | Sep 2019 | PWB vs VEGN | |
| Inspire 100 ETF | 21.43% | 479.22M | Oct 2017 | PWB vs BIBL |
Lowest Volatility Alternatives to PWB
PWB has 23.17% 1-year volatility. There are 186 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 8.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 8.20% | 39.10M | May 2017 | PWB vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.53B | Apr 2015 | PWB vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.52% | 789.78M | Sep 2005 | PWB vs PFM | |
| iShares Core Dividend Growth ETF | 9.61% | 42.77B | Jun 2014 | PWB vs DGRO | |
| SPDR MSCI World StrategicFactors ETF | 9.71% | 174.18M | Jun 2014 | PWB vs QWLD |
Lowest Drawdown Alternatives to PWB
PWB has a 1-year max drawdown of -13.73%. There are 93 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% | 88.05M | Jun 2016 | PWB vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 705.83M | 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% | 42.77B | Jun 2014 | PWB vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.53B | 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 $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | PWB vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | PWB vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | PWB vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | PWB vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | PWB vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | PWB vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | PWB vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | PWB vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | PWB vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | PWB vs IDMO |
Often Compared With PWB
Investors most often compare PWB with SCHG, PRF, PRFZ. These 20 comparison targets span 11 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 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