Which returned more over the last year, FXO or PKW?

In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and PKW +12.5%.

Which is cheaper, FXO or PKW?

FXO is cheaper, by 0.03 percentage points a year. On $10,000 held for a year that difference is about $3. Fees come from each fund's prospectus.

How much do FXO and PKW overlap with the S&P 500?

By their latest filed holdings, 41% of FXO and 69% of PKW by weight is stocks the S&P 500 already holds.

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FXO vs PKW: how they differ

FXO and PKW hold 14% of their weight in the same names, and PKW returned +12.5% over the year. First Trust Financials AlphaDEX Fund and Invesco BuyBack Achievers ETF.

FXO costs 0.03 points a year less; their one-year returns differ by 4.6 points; PKW is 1.6 times larger.

	FXO	PKW
Expense ratio	0.60%	0.63%
Net assets	$1.0bn	$1.7bn
Total return, 1 year	+7.9%	+12.5%
Holdings in common	14%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	17.1%	41.3%
Below its high	7.1%, high on Sep 3, 2026	4.5%, high on Sep 3, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+7.9%

FXO total return, 1 year

+12.5%

PKW total return, 1 year

0.60%

FXO expense ratio

0.63%

PKW expense ratio

What they hold in common

By the books each fund has filed, FXO and PKW hold 14% 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 8, 2026 and Oct 9, 2026.

50%

half

14% in common

Positions both hold, largest shared weight first

Holding FXO PKW

The Travelers Companies, Inc. 1.28% 2.55%

American International Group, Inc. 1.69% 1.26%

Arch Capital Group Ltd. 1.69% 1.01%

Aflac Incorporated 0.95% 1.83%

Ameriprise Financial, Inc. 0.95% 1.36%

Citigroup Inc. 0.93% 4.26%

M&T Bank Corporation 1.24% 0.89%

Regions Financial Corporation 0.94% 0.75%

First Citizens BancShares, Inc. (Class A) 0.93% 0.70%

Wells Fargo & Company 0.65% 4.63%

Bank of America Corporation 0.62% 4.39%

Everest Group, Ltd. 1.64% 0.42%

Only in FXO

Chime Financial, Inc. (Class A) 1.84%

The Hartford Insurance Group, Inc. 1.72%

Berkshire Hathaway Inc. (Class B) 1.69%

Markel Group Inc 1.68%

The Allstate Corporation 1.68%

Cincinnati Financial Corporation 1.67%

Old Republic International Corporation 1.67%

White Mountains Insurance Group Ltd. 1.67%

Only in PKW

Salesforce Inc 5.98%

Marathon Petroleum Corp 4.18%

Valero Energy Corp 4.07%

Johnson Controls International plc 3.26%

Adobe Inc 3.10%

HCA Healthcare Inc 2.54%

General Motors Co 2.43%

Cheniere Energy Inc 2.06%

Check overlap with more funds →

On the same fields

FXO

First Trust Financials AlphaDEX Fund

PKW

Invesco BuyBack Achievers ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +7.9% +12.5%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −9.3 pts −4.8 pts

Expense ratio 0.60% 0.63%

Already in the S&P 500 40.9% 68.8%

Holdings 105 288

Net assets $1.0bn $1.7bn

FXO and PKW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FXO in plain words

FXO tracks an index. Over the year to Oct 9, 2026 it returned +7.9% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 9, 2026, 41% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 17.1%. It sat 7.1% below its high of Sep 3, 2026 on Oct 9, 2026.

PKW in plain words

PKW tracks an index. Over the year to Oct 9, 2026 it returned +12.5% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.63% a year. By its holdings published by its issuer for Oct 8, 2026, 69% of the fund by weight is stocks the S&P 500 also holds, across 288 positions, with the top ten at 41.3%. It sat 4.5% below its high of Sep 3, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FXO or PKW?: In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and PKW +12.5%.
Which is cheaper, FXO or PKW?: FXO is cheaper, by 0.03 percentage points a year. On $10,000 held for a year that difference is about $3. Fees come from each fund's prospectus.
How much do FXO and PKW overlap with the S&P 500?: By their latest filed holdings, 41% of FXO and 69% of PKW by weight is stocks the S&P 500 already holds.

Other comparisons

FXO vs SMIG FXO vs SDOG FXO vs ILCV FXO vs RWK PEY vs PKW FTXR vs PKW PKW vs VFMF IMCV vs PKW

FXO on its own →PKW on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FXO filings on SEC EDGAR ↗FXO prospectus with the expense ratio (SEC) ↗First Trust page for FXO ↗PKW filings on SEC EDGAR ↗PKW prospectus with the expense ratio (SEC) ↗Invesco page for PKW ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FXO against PKW, data as of Oct 9, 2026. https://etfiq.com/compare/any/fxo-vs-pkw

Open data

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