EQWL vs IWV: Differences, Returns & Fees
EQWL and IWV hold 40% of their weight in the same names, and IWV returned +16.7% over the year. Net assets on Oct 9, 2026: $2.8bn for Invesco S&P 100 Equal Weight ETF and $20.6bn for iShares Russell 3000 ETF.
IWV costs 0.05 points a year less; their one-year returns differ by 0.9 points; IWV is 7.3 times larger.
| EQWL | IWV | |
|---|---|---|
| Expense ratio | 0.25% | 0.20% |
| Net assets | $2.8bn | $20.6bn |
| Total return, 1 year | +15.8% | +16.7% |
| What it tracks | Blended - S&P 100 Equal Weight Index | Russell 3000 Index |
| Holdings in common | 40% | |
| Holdings dated | Oct 10, 2026 | Oct 9, 2026 |
| Top ten holdings, share of the fund | 11.6% | 34.7% |
Holdings in common uses holdings dated Oct 9, 2026.
What they hold in common
By the books each fund has filed, EQWL and IWV hold 40% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.
half
40% in common
On the same fields
EQWL and IWV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About EQWL
EQWL tracks an index. Over the year to Oct 9, 2026 it returned +15.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 11.6%.
About IWV
IWV tracks an index. Over the year to Oct 9, 2026 it returned +16.7% with distributions reinvested, against +16.8% for its benchmark, the Russell 3000 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 9, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,600 positions, with the top ten at 34.7%.
Questions people ask
- Which returned more over the last year, EQWL or IWV?
- In the year to Oct 9, 2026, with distributions reinvested, EQWL returned +15.8% and IWV +16.7%.
- Which is cheaper, EQWL or IWV?
- IWV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.
Cite this pageCitation, APA and Markdown
ETFIQ, EQWL against IWV, data as of Oct 9, 2026. https://etfiq.com/compare/any/eqwl-vs-iwv
ETFIQ. (Oct 9, 2026). EQWL against IWV. Retrieved from https://etfiq.com/compare/any/eqwl-vs-iwv
[EQWL against IWV (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/eqwl-vs-iwv)
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