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 148 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JP Morgan Betabuilders U.S. Equity ETF | 0.02% | 8.38B | Mar 2019 | PWB vs BBUS | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.28B | Jun 2004 | PWB vs ILCB | |
| Vanguard Growth ETF | 0.03% | 365.00B | Jan 2004 | PWB vs VUG | |
| Vanguard Large-Cap ETF | 0.04% | 71.00B | Jan 2004 | PWB vs VV | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.58B | Jul 2000 | PWB vs IUSG |
Best Risk-Adjusted Alternatives to PWB
PWB has a PortfoliosLab risk / return rank of 74. There are 23 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 | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 91 | 15.25M | Dec 2021 | PWB vs DARP | |
| Wahed FTSE USA Shariah ETF | 88 | 555.00M | Jul 2019 | PWB vs HLAL | |
| Impact Shares NAACP Minority Empowerment ETF | 88 | 59.00M | Jul 2018 | PWB vs NACP | |
| US Vegan Climate ETF | 86 | 134.13M | Sep 2019 | PWB vs VEGN | |
| RiverFront Dynamic US Dividend Advantage ETF | 83 | 87.48M | Jun 2016 | PWB vs RFDA |
Top Performing PWB Alternatives (YTD)
PWB is at 28.68% YTD. There are 10 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 79.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 79.03% | 29.99M | Oct 2025 | PWB vs MEME | |
| SMART Earnings Growth 30 ETF | 51.46% | 50.41M | Aug 2025 | PWB vs SGRT | |
| Franklin Intelligent Machines ETF | 40.18% | 87.87M | Feb 2020 | PWB vs IQM | |
| Grizzle Growth ETF | 32.67% | 15.25M | Dec 2021 | PWB vs DARP | |
| US Vegan Climate ETF | 32.05% | 134.13M | Sep 2019 | PWB vs VEGN |
Lowest Volatility Alternatives to PWB
PWB has 18.47% 1-year volatility. There are 183 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 6.93% | 39.10M | May 2017 | PWB vs CCOR | |
| WisdomTree US LargeCap Dividend ETF | 8.87% | 6.04B | Jun 2006 | PWB vs DLN | |
| SPDR MSCI USA StrategicFactors ETF | 9.09% | 1.64B | Apr 2015 | PWB vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.47% | 780.82M | Sep 2005 | PWB vs PFM | |
| iShares Core Dividend Growth ETF | 9.48% | 40.46B | Jun 2014 | PWB vs DGRO |
Lowest Drawdown Alternatives to PWB
PWB has a 1-year max drawdown of -12.11%. There are 97 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% | 87.48M | Jun 2016 | PWB vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 632.73M | Feb 2015 | PWB vs ROUS | |
| WisdomTree US LargeCap Dividend ETF | -6.10% | 6.04B | Jun 2006 | PWB vs DLN | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 251.20M | Aug 2017 | PWB vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 40.46B | Jun 2014 | PWB vs DGRO |
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 | PWB vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 75 | 30.35% | 19.93B | Oct 2015 | PWB vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 74 | 21.39% | 96.91B | Oct 2020 | PWB vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 49 | 9.70% | 89.51B | Apr 2003 | PWB vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 56 | 7.57% | 11.15B | May 2005 | PWB vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 96.72% | 2.41B | Jun 2021 | PWB vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 54 | 15.48% | 18.88B | Dec 2005 | PWB 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 | PWB vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 37 | 8.54% | 8.37B | Oct 2005 | PWB vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 67 | 23.73% | 7.49B | Mar 2005 | PWB vs XMMO |
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