Invesco S&P 100 Equal Weight ETF (EQWL) Performance
EQWL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.8% since Dec 31, 2025
- 1 year
- +15.0% total return
- 5 years
- +11.5% a year
- 10 years
- +14.6% a year
- Since first price
- +10.7% a year since 2006
EQWL trailing returns vs SPY, QQQ, AGG
| Period | EQWL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.9% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.7% | +8.9% | +7.8% | +8.4% | −1.5% |
| YTD | +12.8% | +11.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.0% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +81.8%+22.0%/yr | +72.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +72.6%+11.5%/yr | +56.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +290.7%+14.6%/yr | +220.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +644.5%+14.3%/yr | +451.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 1, 2006 | +658.5%+10.7%/yr | +424.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EQWL vs SPY
From Dec 1, 2006: EQWL grew to $75,851, SPY to $78,123.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EQWL returns by calendar year
15 of 19 full years positive. Best 2013 (+37.3%), worst 2008 (−33.3%). 2026 is year to date.
EQWL annual returns table
| Year | EQWL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.8% | −7.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.6% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.1% | −5.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +19.5% | −10.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.5% | −23.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.3% | −5.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +13.9% | −34.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +29.5% | −6.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.3% | −18.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.4% | −2.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +13.3% | −10.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −2.3% | −12.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +15.1% | −8.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +37.3% | −5.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +11.7% | −7.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +3.0% | −18.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +13.8% | −15.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +20.2% | −25.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −33.3% | −43.8% | −36.8% | −41.7% | +7.9% |
| 2007 | +9.2% | −10.3% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EQWL largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 12, 2007 | −49.4% | Mar 9, 2009 | Mar 15, 2012 | 1.4 years | 4.4 years |
| Feb 12, 2020 | −34.3% | Mar 23, 2020 | Sep 2, 2020 | 40 days | 7 months |
| Jan 4, 2022 | −23.0% | Sep 30, 2022 | Dec 11, 2023 | 9 months | 1.9 years |
| Sep 21, 2018 | −18.1% | Dec 24, 2018 | Apr 8, 2019 | 3 months | 7 months |
| May 21, 2015 | −16.1% | Feb 11, 2016 | Jun 6, 2016 | 9 months | 1.0 years |
| Feb 19, 2025 | −15.0% | Apr 8, 2025 | Jun 10, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EQWL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +20.2% | +12.2% | +14.2% | +10.6% |
| Volatility (annualized) | 11.4% | 14.9% | 15.2% | 15.0% |
| Sharpe ratio | 1.31 | 0.61 | 0.81 | 0.66 |
| Sortino ratio | 2.32 | 0.95 | 1.26 | 0.98 |
| Best month | +8.7% | +10.9% | +14.3% | +14.3% |
| Worst month | −5.3% | −9.9% | −12.8% | −16.0% |
| Best 12 months | +35.3% | +35.3% | +60.7% | +60.7% |
| Worst 12 months | +10.8% | −15.3% | −15.3% | −38.0% |
| Positive months | 75% | 65% | 71% | 68% |
| Beta vs S&P 500 | 0.82 | 0.89 | 0.95 | — |
| Correlation with S&P 500 | 0.89 | 0.94 | 0.96 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EQWL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 227 | −38.0% | +13.9% | +60.7% | 81% |
| 3-year (a year) | 203 | −8.2% | +12.3% | +23.7% | 93% |
| 5-year (a year) | 179 | −0.2% | +13.2% | +20.6% | 99% |
| 10-year (a year) | 119 | +7.2% | +12.7% | +16.0% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
EQWL performance overview
Invesco S&P 100 Equal Weight ETF (EQWL) returned +15.0% over the past year and +14.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +10.7% a year, turning $10,000 into about $75,851. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −49.4%, from Oct 12, 2007 to Mar 9, 2009, and it took 3.0 years to get back to the old high. EQWL finished 15 of its 19 full calendar years with a gain; the best year was 2013 (+37.3%) and the worst 2008 (−33.3%). Volatility has been 15.0% a year.
Related: EQWL chart, EQWL holdings, EQWL dividends, EQWL valuation. See the EQWL overview for the latest quote and fund facts.
EQWL performance FAQ
What is the EQWL return over the past year?
EQWL returned +15.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
What is the average annual return of EQWL?
EQWL has returned +11.5% a year over 5 years, +14.6% a year over 10 years, +10.7% a year since December 1, 2006 (total return, distributions reinvested).
How much would $10,000 invested in EQWL be worth?
$10,000 invested in EQWL at its first recorded close on December 1, 2006 would be worth about $75,851 on October 23, 2026 with distributions reinvested.
What was the worst year for EQWL?
The worst calendar year was 2008, with a total return of −33.3%. The best was 2013 at +37.3%.
What is the biggest drawdown of EQWL?
The largest peak-to-trough decline was −49.4% between October 12, 2007 and March 9, 2009. It recovered to the old high on March 15, 2012, 3.0 years after the bottom.
How volatile is EQWL?
Over the past 3 years EQWL had an annualized volatility of 11.4% and a Sharpe ratio of 1.31 (excess return over 1–3 month T-bills per unit of risk).