AAEQ vs. IUS

Last updated Jun 24, 2026

AAEQ (Alpha Architect US Equity 2 ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds. AAEQ is actively managed, while IUS is passively managed. Their correlation of 0.86 suggests significant overlap in exposure. AAEQ charges 0.15%/yr vs 0.19%/yr for IUS.

Performance

AAEQ vs. IUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect US Equity 2 ETF (AAEQ) and Invesco RAFI Strategic US ETF (IUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAEQ achieves a 5.97% return, which is significantly lower than IUS's 14.43% return.

AAEQ

• 1D: -1.35%
• 1M: -1.80%
• YTD: 5.97%
• 6M: 4.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUS

• 1D: -0.02%
• 1M: 0.18%
• YTD: 14.43%
• 6M: 13.98%
• 1Y: 30.78%
• 3Y*: 19.91%
• 5Y*: 13.73%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAEQ vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025
AAEQ Alpha Architect US Equity 2 ETF	5.97%	-1.11%
IUS Invesco RAFI Strategic US ETF	14.43%	0.49%

Correlation

The correlation between AAEQ and IUS is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.86

AAEQ vs. IUS - Sectors Allocation Comparison

Sectors	AAEQ	IUS
Technology	40.5%	26.7%
Communication Services	12.2%	13.0%
Financial Services	11.6%	6.8%
Consumer Cyclical	9.1%	10.4%
Healthcare	9.0%	12.6%
Industrials	6.1%	9.7%
Consumer Defensive	4.5%	6.9%
Energy	2.9%	9.4%
Real Estate	1.6%	0.4%
Utilities	1.5%	1.0%
Basic Materials	1.1%	3.2%

Return for Risk

AAEQ vs. IUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IUS

IUS Risk / Return Rank: 90
IUS Sharpe Ratio Rank: 90
IUS Sortino Ratio Rank: 90
IUS Omega Ratio Rank: 88
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAEQ vs. IUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect US Equity 2 ETF (AAEQ) and Invesco RAFI Strategic US ETF (IUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAEQ	IUS	Difference
Sharpe ratio: Return per unit of total volatility	—	2.89	—
Sortino ratio: Return per unit of downside risk	—	3.95	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	5.03	—
Martin ratio: Return relative to average drawdown	—	20.93	—

Drawdowns

AAEQ vs. IUS - Drawdown Comparison

The maximum AAEQ drawdown since its inception was -10.26%, smaller than the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for AAEQ and IUS.

Drawdown Indicators

	AAEQ	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-10.26%	-34.67%	+24.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.72%	—
Current Drawdown Current decline from peak	-3.43%	-1.76%	-1.67%
Average Drawdown Average peak-to-trough decline	-2.43%	-3.85%	+1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.47%	—

Volatility

Volatility by Period

	AAEQ	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	10.69%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.32%	15.03%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.32%	18.02%	-3.70%

AAEQ vs. IUS - Expense Ratio Comparison

AAEQ has a 0.15% expense ratio, which is lower than IUS's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AAEQ vs. IUS - Dividend Comparison

AAEQ's dividend yield for the trailing twelve months is around 0.09%, less than IUS's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AAEQ Alpha Architect US Equity 2 ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUS Invesco RAFI Strategic US ETF	1.30%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%

Frequently Asked Questions

Can I hold both AAEQ and IUS in my portfolio?

AAEQ and IUS have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAEQ or IUS?

On fees, AAEQ is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAEQ or IUS?

AAEQ is cheaper with a 0.15% expense ratio, compared with 0.19% for IUS.

Which ETF pays a higher dividend yield, AAEQ or IUS?

IUS has the higher dividend yield at 1.30%, compared with 0.09% for AAEQ.

What is the main difference between AAEQ and IUS?

They also come from different issuers: Alpha Architect and Invesco. Their fees differ too: 0.15% for AAEQ and 0.19% for IUS.