Data as of Oct 28, 2026.
EQWL vs JAVA: Differences, Returns & Fees
Over the year to Oct 28, 2026, EQWL returned +15.1% to JAVA's +20.7%; 39% of their weight is in the same names.
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Net assets: $2.8bn on Oct 27, 2026 for Invesco S&P 100 Equal Weight ETF, and $7.4bn on Oct 28, 2026 for JPMorgan Active Value ETF.
Pair scorecard
EQWL costs 0.19 points a year less; their one-year returns differ by 5.6 points; JAVA is 2.6 times larger.
| Measure | EQWL | JAVA |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.1% | +20.7% |
| Benchmark | ||
| What it tracks | S&P 100 Equal Weight Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.25% | 0.44% |
| Net assets, as of Oct 27, 2026 | $2.8bn | $7.4bn |
| Holdings | ||
| Holdings in common | 39% | |
| Top ten holdings, share of the fund | 11.9% | 30.5% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Oct 15, 2021 to Oct 23, 2026 · 262 weekly returnsEQWL and JAVA returned about the same: +74.8% and +73.7%. JAVA swung slightly less: 14.4% to 14.8%. JAVA fell less at its worst: −15.7% to −22.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | EQWL | JAVA | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +74.8% | +73.7% | Tie | Price change plus distributions, reinvested. |
| Annualized | +11.7% | +11.6% | Tie | Total return as a yearly rate. |
| Price return | +58.6% | +61.6% | JAVA (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.8% | 14.4% | JAVA (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.1% | 9.9% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −22.3% | −15.7% | JAVA | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.56 | 0.56 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.82 | 0.81 | Tie | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.52 | 0.74 | JAVA | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 262 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EQWL and JAVA hold 39% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
39% in common
Only in one fund ↓
Side by side
EQWL and JAVA on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EQWL and JAVA are built for the same job. How do they differ in cost, holdings and results?
- What each follows. EQWL follows S&P 100 Equal Weight Index and JAVA follows No index, actively managed.
- Holdings in common. 39% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 EQWL returned +15.1% and JAVA +20.7% with distributions reinvested, a gap of 5.6 points.
Data as of Oct 28, 2026.
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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%.
Over the year to Oct 28, 2026 it returned +20.7% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index.
JAVA is actively managed and tracks no index. The prospectus expense ratio is 0.44% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 152 positions, with the top ten at 30.5%.
Questions people ask
- Which returned more over the last year, EQWL or JAVA?
- In the year to Oct 28, 2026, with distributions reinvested, EQWL returned +15.1% and JAVA +20.7%.
- Which is cheaper, EQWL or JAVA?
- EQWL is cheaper, by 0.19 percentage points a year. That is about $19 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, EQWL against JAVA, data as of Oct 28, 2026. https://etfiq.com/compare/any/eqwl-vs-java
ETFIQ. (Oct 28, 2026). EQWL against JAVA. Retrieved from https://etfiq.com/compare/any/eqwl-vs-java
[EQWL against JAVA (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/eqwl-vs-java)
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