EQWL vs. AVIE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 100 Equal Weight ETF (EQWL) and Avantis Inflation Focused Equity ETF (AVIE).

EQWL and AVIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQWL is a passively managed fund by Invesco that tracks the performance of the S&P 100 Equal Weighted. It was launched on Dec 1, 2006. AVIE is an actively managed fund by Avantis. It was launched on Sep 27, 2022.

Performance

EQWL vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 100 Equal Weight ETF (EQWL) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

EQWL vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EQWL Invesco S&P 100 Equal Weight ETF	-1.85%	17.61%	19.11%	19.48%	11.51%
AVIE Avantis Inflation Focused Equity ETF	10.59%	11.37%	6.17%	4.19%	14.70%

Returns By Period

In the year-to-date period, EQWL achieves a -1.85% return, which is significantly lower than AVIE's 10.59% return.

EQWL

• 1D: 0.17%
• 1M: -5.04%
• YTD: -1.85%
• 6M: 1.17%
• 1Y: 14.11%
• 3Y*: 16.14%
• 5Y*: 10.98%
• 10Y*: 13.61%

AVIE

• 1D: -0.62%
• 1M: -2.70%
• YTD: 10.59%
• 6M: 15.07%
• 1Y: 14.85%
• 3Y*: 12.07%
• 5Y*: —
• 10Y*: —

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

EQWL vs. AVIE - Expense Ratio Comparison

Both EQWL and AVIE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

EQWL

Invesco S&P 100 Equal Weight ETF

AVIE

Avantis Inflation Focused Equity ETF

Return for Risk

EQWL vs. AVIE — Risk / Return Rank

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

EQWL

EQWL Risk / Return Rank: 48
EQWL Sharpe Ratio Rank: 46
EQWL Sortino Ratio Rank: 46
EQWL Omega Ratio Rank: 50
EQWL Calmar Ratio Rank: 45
EQWL Martin Ratio Rank: 54

AVIE

AVIE Risk / Return Rank: 48
AVIE Sharpe Ratio Rank: 53
AVIE Sortino Ratio Rank: 50
AVIE Omega Ratio Rank: 55
AVIE Calmar Ratio Rank: 44
AVIE Martin Ratio Rank: 36

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.

EQWL vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 100 Equal Weight ETF (EQWL) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	EQWL	AVIE	Difference
Sharpe ratio Return per unit of total volatility	0.88	1.02	-0.14
Sortino ratio Return per unit of downside risk	1.32	1.41	-0.09
Omega ratio Gain probability vs. loss probability	1.20	1.21	-0.02
Calmar ratio Return relative to maximum drawdown	1.21	1.25	-0.04
Martin ratio Return relative to average drawdown	5.55	3.59	+1.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQWL vs. AVIE - Sharpe Ratio Comparison

The current EQWL Sharpe Ratio is 0.88, which is comparable to the AVIE Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of EQWL and AVIE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQWL	AVIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.02	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.04	-0.48

Correlation

The correlation between EQWL and AVIE is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EQWL vs. AVIE - Dividend Comparison

EQWL's dividend yield for the trailing twelve months is around 1.70%, more than AVIE's 1.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQWL Invesco S&P 100 Equal Weight ETF	1.70%	1.67%	1.86%	1.97%	2.12%	1.65%	2.01%	2.04%	2.23%	1.27%	2.01%	2.03%
AVIE Avantis Inflation Focused Equity ETF	1.48%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EQWL vs. AVIE - Drawdown Comparison

The maximum EQWL drawdown since its inception was -49.36%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for EQWL and AVIE.

Drawdown Indicators

	EQWL	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-49.36%	-12.39%	-36.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-11.53%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.30%	—	—
Current Drawdown Current decline from peak	-5.51%	-2.70%	-2.81%
Average Drawdown Average peak-to-trough decline	-6.75%	-3.10%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	4.02%	-1.51%

Volatility

EQWL vs. AVIE - Volatility Comparison

Invesco S&P 100 Equal Weight ETF (EQWL) has a higher volatility of 4.15% compared to Avantis Inflation Focused Equity ETF (AVIE) at 2.69%. This indicates that EQWL's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQWL	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	2.69%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	7.38%	+0.48%
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	14.66%	+1.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.98%	13.10%	+1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	13.10%	+3.68%