EQAL vs. VTV

Last updated Jun 24, 2026

EQAL (Invesco Russell 1000 Equal Weight ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - EQAL is a Mid Cap Blend Equities fund tracking the Russell 1000 Equal Weight Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, EQAL returned 10.85%/yr vs 12.95%/yr for VTV. Their correlation of 0.89 suggests significant overlap in exposure. EQAL charges 0.20%/yr vs 0.04%/yr for VTV.

Performance

EQAL vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Equal Weight ETF (EQAL) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQAL achieves a 11.42% return, which is significantly lower than VTV's 14.47% return. Over the past 10 years, EQAL has underperformed VTV with an annualized return of 10.85%, while VTV has yielded a comparatively higher 12.95% annualized return.

EQAL

• 1D: -0.25%
• 1M: -0.10%
• YTD: 11.42%
• 6M: 10.52%
• 1Y: 22.33%
• 3Y*: 15.08%
• 5Y*: 6.90%
• 10Y*: 10.85%

VTV

• 1D: -0.56%
• 1M: 3.10%
• YTD: 14.47%
• 6M: 13.93%
• 1Y: 27.19%
• 3Y*: 18.66%
• 5Y*: 12.22%
• 10Y*: 12.95%

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

EQAL vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQAL Invesco Russell 1000 Equal Weight ETF	11.42%	11.05%	11.38%	11.98%	-13.49%	23.14%	16.57%	24.54%	-9.22%	17.36%
VTV Vanguard Value ETF	14.47%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between EQAL and VTV 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 (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Dec 29, 2014	0.89

The correlation between EQAL and VTV has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

EQAL vs. VTV - Sectors Allocation Comparison

Sectors	EQAL	VTV
Technology	16.6%	16.4%
Healthcare	9.4%	14.1%
Industrials	9.4%	13.9%
Financial Services	9.2%	21.5%
Real Estate	9.2%	2.7%
Energy	8.3%	7.4%
Basic Materials	8.0%	3.0%
Consumer Cyclical	7.7%	4.0%
Consumer Defensive	7.7%	8.9%
Utilities	7.5%	4.8%
Communication Services	7.2%	3.1%

Return for Risk

EQAL vs. VTV — Risk / Return Rank

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

EQAL

EQAL Risk / Return Rank: 61
EQAL Sharpe Ratio Rank: 56
EQAL Sortino Ratio Rank: 58
EQAL Omega Ratio Rank: 52
EQAL Calmar Ratio Rank: 70
EQAL Martin Ratio Rank: 67

VTV

VTV Risk / Return Rank: 84
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 87
VTV Omega Ratio Rank: 82
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

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.

EQAL vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Equal Weight ETF (EQAL) and Vanguard Value ETF (VTV). 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.

	EQAL	VTV	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.63	-0.83
Sortino ratio: Return per unit of downside risk	2.59	3.75	-1.17
Omega ratio: Gain probability vs. loss probability	1.31	1.47	-0.16
Calmar ratio: Return relative to maximum drawdown	3.36	4.30	-0.94
Martin ratio: Return relative to average drawdown	11.68	16.20	-4.52

EQAL vs. VTV - Sharpe Ratio Comparison

The current EQAL Sharpe Ratio is 1.80, which is lower than the VTV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of EQAL and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQAL vs. VTV - Drawdown Comparison

The maximum EQAL drawdown since its inception was -40.44%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for EQAL and VTV.

Drawdown Indicators

	EQAL	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-59.27%	+18.83%
Max Drawdown (1Y) Largest decline over 1 year	-6.67%	-6.35%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-19.62%	-14.52%	-5.10%
Max Drawdown (5Y) Largest decline over 5 years	-21.79%	-17.04%	-4.75%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	-36.78%	-3.66%
Current Drawdown Current decline from peak	-1.96%	-0.56%	-1.40%
Average Drawdown Average peak-to-trough decline	-5.08%	-7.85%	+2.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	1.68%	+0.24%

Volatility

EQAL vs. VTV - Volatility Comparison

Invesco Russell 1000 Equal Weight ETF (EQAL) and Vanguard Value ETF (VTV) have volatilities of 3.52% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQAL	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.41%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	8.85%	7.85%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	10.39%	+2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.28%	13.88%	+3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.84%	16.65%	+2.19%

EQAL vs. VTV - Expense Ratio Comparison

EQAL has a 0.20% expense ratio, which is higher than VTV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EQAL vs. VTV - Dividend Comparison

EQAL's dividend yield for the trailing twelve months is around 1.72%, less than VTV's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQAL Invesco Russell 1000 Equal Weight ETF	1.72%	1.79%	1.62%	1.88%	1.95%	1.32%	1.63%	1.61%	1.62%	1.18%	1.57%	1.64%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both EQAL and VTV in my portfolio?

EQAL and VTV 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 is riskier, EQAL or VTV?

EQAL has higher volatility (3.52%) compared to VTV (3.41%). In terms of maximum drawdown, EQAL dropped -40.44% vs VTV's -59.27%.

Which ETF is better, EQAL or VTV?

On 10-year performance, VTV leads with 12.95% vs 10.85% for EQAL. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQAL or VTV?

Over the 10-year period, VTV has performed better with a 12.95% return vs 10.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQAL or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.20% for EQAL.

Which ETF pays a higher dividend yield, EQAL or VTV?

VTV has the higher dividend yield at 1.83%, compared with 1.72% for EQAL.

What is the main difference between EQAL and VTV?

EQAL is categorized as Mid Cap Blend Equities, while VTV is Large Cap Value Equities. EQAL tracks Russell 1000 Equal Weight Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.20% for EQAL and 0.04% for VTV.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.63 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.