EQWL vs. MANU

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 100 Equal Weight ETF (EQWL) and Manchester United plc (MANU).

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.

Performance

EQWL vs. MANU - Performance Comparison

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

EQWL vs. MANU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQWL Invesco S&P 100 Equal Weight ETF	-1.85%	17.61%	19.11%	19.48%	-11.46%	28.29%	13.94%	29.54%	-6.30%	24.41%
MANU Manchester United plc	6.72%	-8.24%	-14.87%	-12.64%	65.01%	-13.92%	-15.08%	6.06%	-3.24%	40.31%

Returns By Period

In the year-to-date period, EQWL achieves a -1.85% return, which is significantly lower than MANU's 6.72% return. Over the past 10 years, EQWL has outperformed MANU with an annualized return of 13.61%, while MANU has yielded a comparatively lower 2.57% annualized 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%

MANU

• 1D: 1.01%
• 1M: -4.12%
• YTD: 6.72%
• 6M: 11.41%
• 1Y: 29.69%
• 3Y*: -8.46%
• 5Y*: 1.29%
• 10Y*: 2.57%

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

Return for Risk

EQWL vs. MANU — 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

MANU

MANU Risk / Return Rank: 66
MANU Sharpe Ratio Rank: 67
MANU Sortino Ratio Rank: 67
MANU Omega Ratio Rank: 65
MANU Calmar Ratio Rank: 68
MANU Martin Ratio Rank: 63

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. MANU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 100 Equal Weight ETF (EQWL) and Manchester United plc (MANU). 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	MANU	Difference
Sharpe ratio Return per unit of total volatility	0.88	0.78	+0.10
Sortino ratio Return per unit of downside risk	1.32	1.49	-0.17
Omega ratio Gain probability vs. loss probability	1.20	1.19	+0.01
Calmar ratio Return relative to maximum drawdown	1.21	1.38	-0.17
Martin ratio Return relative to average drawdown	5.55	2.42	+3.13
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. MANU - Sharpe Ratio Comparison

The current EQWL Sharpe Ratio is 0.88, which is comparable to the MANU Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of EQWL and MANU, 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	MANU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	0.78	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.03	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.07	+0.74
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.06	+0.51

Correlation

The correlation between EQWL and MANU is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EQWL vs. MANU - Dividend Comparison

EQWL's dividend yield for the trailing twelve months is around 1.70%, while MANU has not paid dividends to shareholders.

	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%
MANU Manchester United plc	0.00%	0.00%	0.00%	0.00%	0.39%	1.26%	1.08%	0.90%	0.95%	0.91%	1.26%	0.51%

Drawdowns

EQWL vs. MANU - Drawdown Comparison

The maximum EQWL drawdown since its inception was -49.36%, smaller than the maximum MANU drawdown of -58.05%. Use the drawdown chart below to compare losses from any high point for EQWL and MANU.

Drawdown Indicators

	EQWL	MANU	Difference
Max Drawdown Largest peak-to-trough decline	-49.36%	-58.05%	+8.69%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-21.52%	+10.05%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	-54.51%	+31.52%
Max Drawdown (10Y) Largest decline over 10 years	-34.30%	-58.05%	+23.75%
Current Drawdown Current decline from peak	-5.51%	-36.70%	+31.19%
Average Drawdown Average peak-to-trough decline	-6.75%	-24.74%	+17.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	12.30%	-9.79%

Volatility

EQWL vs. MANU - Volatility Comparison

The current volatility for Invesco S&P 100 Equal Weight ETF (EQWL) is 4.15%, while Manchester United plc (MANU) has a volatility of 8.07%. This indicates that EQWL experiences smaller price fluctuations and is considered to be less risky than MANU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQWL	MANU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	8.07%	-3.92%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	20.47%	-12.61%
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	38.20%	-22.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.98%	42.34%	-27.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	37.39%	-20.61%