Data as of Oct 28, 2026.
DFLV vs EQWL: Differences, Returns & Fees
Over the year to Oct 28, 2026, DFLV returned +28.5% to EQWL's +15.1%; 32% of their weight is in the same names.
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Net assets: $6.8bn on Jul 31, 2026 for Dimensional US Large Cap Value ETF, and $2.8bn on Oct 27, 2026 for Invesco S&P 100 Equal Weight ETF.
Pair scorecard
DFLV costs 0.04 points a year less; their one-year returns differ by 13.4 points.
| Measure | DFLV | EQWL |
|---|---|---|
| Return | ||
| Total return, 1 year | +28.5% | +15.1% |
| Benchmark | ||
| What it tracks | No index, actively managed | S&P 100 Equal Weight Index |
| Cost and size | ||
| Expense ratio | 0.21% | 0.25% |
| Net assets, DFLV as of Jul 31, 2026 and EQWL as of Oct 27, 2026 | $6.8bn | $2.8bn |
| Holdings | ||
| Holdings in common | 32% | |
| Top ten holdings, share of the fund | 24.8% | 11.9% |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Dec 16, 2022 to Oct 23, 2026 · 201 weekly returnsEQWL returned slightly more: +89.7% to +82.5%. EQWL swung slightly less: 12.7% to 13.4%. EQWL fell less at its worst: −13.0% to −15.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | DFLV | EQWL | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +82.5% | +89.7% | EQWL (slight) | Price change plus distributions, reinvested. |
| Annualized | +16.8% | +18.0% | EQWL (slight) | Total return as a yearly rate. |
| Price return | +71.1% | +75.8% | EQWL (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 13.4% | 12.7% | EQWL (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 9.5% | 8.4% | EQWL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.1% | −13.0% | EQWL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.88 | 1.01 | EQWL | Return above Treasury bills per unit of volatility. |
| Sortino | 1.25 | 1.51 | EQWL | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.11 | 1.38 | EQWL | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 201 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, DFLV and EQWL hold 32% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
32% in common
Only in one fund ↓
Side by side
DFLV and EQWL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
DFLV and EQWL are built for the same job. How do they differ in cost, holdings and results?
- What each follows. DFLV follows No index, actively managed and EQWL follows S&P 100 Equal Weight Index.
- Holdings in common. 32% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 DFLV returned +28.5% and EQWL +15.1% with distributions reinvested, a gap of 13.4 points.
Data as of Oct 28, 2026.
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Over the year to Oct 28, 2026 it returned +28.5% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index.
DFLV is actively managed and tracks no index. The prospectus expense ratio is 0.21% a year. By its holdings filed for Jul 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 334 positions, with the top ten at 24.8%.
EQWL
EQWL tracks an index. Over the year to Oct 28, 2026 it returned +15.1% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 11.9%.
Questions people ask
- Which returned more over the last year, DFLV or EQWL?
- In the year to Oct 28, 2026, with distributions reinvested, DFLV returned +28.5% and EQWL +15.1%.
- Which is cheaper, DFLV or EQWL?
- DFLV is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, DFLV against EQWL, data as of Oct 28, 2026. https://etfiq.com/compare/any/dflv-vs-eqwl
ETFIQ. (Oct 28, 2026). DFLV against EQWL. Retrieved from https://etfiq.com/compare/any/dflv-vs-eqwl
[DFLV against EQWL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/dflv-vs-eqwl)
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