EQWL vs VOO: Differences, Returns & Fees

EQWL and VOO hold 44% of their weight in the same names, and VOO returned +17.3% over the year. Net assets: $2.8bn on Oct 9, 2026 for Invesco S&P 100 Equal Weight ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

VOO costs 0.22 points a year less; their one-year returns differ by 1.5 points.

EQWL vs VOO: Differences, Returns & Fees
EQWLVOO
Expense ratio0.25%0.03%
Net assets, EQWL as of Oct 9, 2026 and VOO as of Sep 30, 2026$2.8bn$1.0tn
Total return, 1 year+15.8%+17.3%
What it tracksBlended - S&P 100 Equal Weight IndexS&P 500 Index
Holdings in common44%
Holdings datedOct 10, 2026Aug 31, 2026
Top ten holdings, share of the fund11.6%37.8%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.

+15.8%
EQWL total return, 1 year
+17.3%
VOO total return, 1 year
0.25%
EQWL expense ratio
0.03%
VOO expense ratio

What they hold in common

By the books each fund has filed, EQWL and VOO hold 44% 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 Aug 31, 2026 and Oct 9, 2026.

half

44% in common

Positions both hold, largest shared weight first
Holding EQWL VOO
Advanced Micro Devices Inc 1.17% 1.16%
Meta Platforms Inc 1.10% 1.90%
Microsoft Corp 1.09% 5.70%
Apple Inc 1.07% 7.04%
Eli Lilly & Co 1.05% 1.38%
Amazon.com Inc 1.04% 3.85%
Tesla Inc 1.04% 1.57%
NVIDIA Corp 1.03% 8.09%
Berkshire Hathaway Inc 1.02% 1.40%
ExxonMobil Holdings Corp 1.03% 1.01%
Micron Technology Inc 1.01% 1.64%
Broadcom Inc 0.99% 2.65%
Only in EQWL
Invesco Government & Agency Portfolio 0.04%
SECURITIES LENDING - BNYM 0.00%
Only in VOO
Crowdstrike Holdings Inc 0.36%
KLA Corp 0.35%
Amphenol Corp 0.29%
Seagate Technology Holdings PLC 0.28%
Marvell Technology Inc 0.28%
Analog Devices Inc 0.27%
Welltower Inc 0.25%
Eaton Corp PLC 0.24%

Check overlap with more funds →

On the same fields

EQWL
Invesco S&P 100 Equal Weight ETF
VOO
Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the S&P 500
Total return, 1 year +15.8% +17.3%
Its benchmark over the same days not published +17.3% (IVV)
Gap to its benchmark not available 0.0 pts vs IVV
Expense ratio 0.25% 0.03%
Already in the S&P 500 98.8% 99.7%
Holdings 103 507
Net assets, EQWL as of Oct 9, 2026 and VOO as of Sep 30, 2026 $2.8bn $1.0tn

EQWL and VOO 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 VOO

VOO tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Aug 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 37.8%.

Questions people ask

Which returned more over the last year, EQWL or VOO?
In the year to Oct 9, 2026, with distributions reinvested, EQWL returned +15.8% and VOO +17.3%.
Which is cheaper, EQWL or VOO?
VOO is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EQWL and VOO overlap with the S&P 500?
By their latest filed holdings, 99% of EQWL and 100% of VOO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, EQWL against VOO, data as of Oct 9, 2026. https://etfiq.com/compare/any/eqwl-vs-voo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.