Invesco Large Cap Value ETF (PWV) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PWV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PWV
PWV charges 0.55% annually. There are 102 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar Value ETF | 0.04% | 1.32B | Jun 2004 | PWV vs ILCV | |
| iShares Core S&P U.S. Value ETF | 0.04% | 27.22B | Jul 2000 | PWV vs IUSV | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 36.23B | Sep 2000 | PWV vs SPYV | |
| Schwab U.S. Large-Cap Value ETF | 0.04% | 15.73B | Dec 2009 | PWV vs SCHV | |
| Vanguard Value ETF | 0.04% | 254.20B | Jan 2004 | PWV vs VTV |
Best Risk-Adjusted Alternatives to PWV
PWV has a PortfoliosLab risk / return rank of 97. There is 1 ETF in the Large Cap Value Equities category with a higher risk-adjusted rank, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 97 | 9.07B | Apr 2013 | PWV vs VLUE | |
| SEI QiM U.S. Large Cap Value Active ETF | 96 | 956.28M | May 2022 | PWV vs SEIV | |
| iShares Russell Top 200 Value ETF | 96 | 3.98B | Sep 2009 | PWV vs IWX | |
| VictoryShares Free Cash Flow ETF | 96 | 9.18B | Jun 2023 | PWV vs VFLO | |
| Fidelity Enhanced Large Cap Value ETF | 96 | 3.20B | Apr 2007 | PWV vs FELV |
Top Performing PWV Alternatives (YTD)
PWV is at 21.38% YTD. There are 14 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 42.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 42.20% | 9.07B | Apr 2013 | PWV vs VLUE | |
| VictoryShares Free Cash Flow ETF | 27.47% | 9.18B | Jun 2023 | PWV vs VFLO | |
| iShares Core Dividend ETF | 25.86% | 1.71B | Nov 2017 | PWV vs DIVB | |
| Bushido Capital US Equity ETF | 23.66% | 479.57M | Sep 2023 | PWV vs SMRI | |
| Avantis U.S. Large Cap Value ETF | 23.60% | 17.85B | Sep 2021 | PWV vs AVLV |
Lowest Volatility Alternatives to PWV
PWV has 9.63% 1-year volatility. There are 8 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Wahed Alternative Income Index ETF | 4.03% | 60.32M | Oct 2025 | PWV vs KWIN | |
| Franklin Income Equity Focus ETF | 8.40% | 135.67M | Sep 2016 | PWV vs INCE | |
| Bahl & Gaynor Income Growth ETF | 8.91% | 342.03M | Sep 2023 | PWV vs BGIG | |
| WisdomTree U.S. LargeCap Dividend Fund | 8.99% | 6.25B | Jun 2006 | PWV vs DLN | |
| Absolute Select Value ETF | 9.12% | 143.00M | Jan 2020 | PWV vs ABEQ |
Lowest Drawdown Alternatives to PWV
PWV has a 1-year max drawdown of -4.05%. No ETFs in the Large Cap Value Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -4.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 7.77B | Mar 2006 | PWV vs FDL | |
| Morgan Dempsey Large Cap Value ETF | -4.27% | 32.39M | Apr 2023 | PWV vs MDLV | |
| Franklin Income Equity Focus ETF | -4.90% | 135.67M | Sep 2016 | PWV vs INCE | |
| Hartford US Value ETF | -4.93% | 49.18M | Dec 2023 | PWV vs VMAX | |
| First Trust Large Cap Value AlphaDEX Fund | -5.13% | 1.40B | May 2007 | PWV vs FTA |
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 | 58 | 14.23% | 452.80B | Mar 1999 | PWV vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 51 | 22.35% | 21.05B | Oct 2015 | PWV vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 14.26% | 97.11B | Oct 2020 | PWV vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 79 | 14.26% | 96.96B | Apr 2003 | PWV vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 61.64% | 2.58B | Jun 2021 | PWV vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 65 | 14.14% | 19.45B | Dec 2005 | PWV vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 45 | 4.68% | 10.56B | May 2005 | PWV vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 55 | 12.76% | 4.04B | Oct 2012 | PWV vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 44 | 13.32% | 7.18B | Mar 2005 | PWV vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 58 | 11.63% | 4.08B | Feb 2012 | PWV vs IDMO |
Often Compared With PWV
Investors most often compare PWV with PVAL, PBUS, MGV. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PWV with Any Fund or Stock
Compare PWV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PWV with funds that move differently
Invesco Large Cap Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PWV.
Explore PWV Diversifiers