EQWL vs TMSL

Comparison between INVESCO S&P 100 EQUAL WEIGHT ETF (EQWL, ETF) and T. ROWE PRICE SMALL-MID CAP ETF (TMSL, ETF).

EQWL vs TMSL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EQWL(ETF)	TMSL(ETF)
Net Assets	$2.70B	$2.80B
Expense Ratio	0.25%	0.55%
Max Drawdown	50.05%	24.72%
Sharpe Ratio	1.70	1.50
5Y Beta	0.76	1.06
P/E Ratio	23.15	35.92
Forward P/E	18.20	15.41
PEG Ratio	0.46	N/A
5Y Dividends CAGR	8.26%	N/A
5Y EPS CAGR	13.97%	13.11%
Debt to Equity	54.75%	58.67%
P/S Ratio	2.77	1.53
P/B Ratio	4.28	2.85

Net Assets

EQWL

$2.70B

Winner

TMSL

$2.80B

Expense Ratio

Winner

EQWL

0.25%

TMSL

0.55%

Max Drawdown

EQWL

50.05%

Winner

TMSL

24.72%

Sharpe Ratio

Winner

EQWL

1.70

TMSL

1.50

5Y Beta

Winner

EQWL

0.76

TMSL

1.06

P/E Ratio

Winner

EQWL

23.15

TMSL

35.92

Forward P/E

EQWL

18.20

Winner

TMSL

15.41

PEG Ratio

EQWL

0.46

TMSL

N/A

5Y Dividends CAGR

EQWL

8.26%

TMSL

N/A

5Y EPS CAGR

Winner

EQWL

13.97%

TMSL

13.11%

Debt to Equity

Winner

EQWL

54.75%

TMSL

58.67%

P/S Ratio

EQWL

2.77

Winner

TMSL

1.53

P/B Ratio

EQWL

4.28

Winner

TMSL

2.85

EQWL vs TMSL - Holdings Comparison

EQWL and TMSL have 1 common holdings. Overlap is 0.00%

EQWL's top 25 holdings weight is 27.32%. TMSL's top 25 holdings weight is 19.89%.

Rank	EQWL	TMSL
#1	ADVANCED MICRO DEVICES INC (AMD) - 1.19%	POPULAR INC (BPOP) - 1.27%
#2	BANK OF NEW YORK MELLON CORP (BNY) - 1.12%	AXIS CAPITAL HOLDINGS LTD (AXS) - 1.05%
#3	BANK OF AMERICA CORP (BAC) - 1.11%	EAST WEST BANCORP INC (EWBC) - 1.01%
#4	CAPITAL ONE FINANCIAL CORP (COF) - 1.11%	NVENT ELECTRIC PLC (NVT) - 0.97%
#5	U.S. BANCORP (USB) - 1.11%	PERMIAN RESOURCES CORP CLASS A (PR) - 0.94%
#6	JPMORGAN CHASE & CO (JPM) - 1.11%	TECHNIPFMC PLC (n/a) - 0.92%
#7	GE VERNOVA INC (GEV) - 1.11%	GUARDANT HEALTH INC (GH) - 0.86%
#8	UNITED PARCEL SERVICE INC CLASS B (UPS) - 1.10%	TENET HEALTHCARE CORP (THC) - 0.85%
#9	CHARLES SCHWAB CORP (SCHW) - 1.10%	THE MIDDLEBY CORP (MIDD) - 0.83%
#10	ABBVIE INC (ABBV) - 1.10%	RELIANCE INC (RS) - 0.81%
#11	ABBOTT LABORATORIES (ABT) - 1.10%	CORPAY INC (CPAY) - 0.80%
#12	APPLE INC (AAPL) - 1.09%	VIATRIS INC (VTRS) - 0.80%
#13	APPLIED MATERIALS INC (AMAT) - 1.09%	KEYCORP (KEY) - 0.79%
#14	AMERICAN EXPRESS CO (AXP) - 1.09%	VOYA FINANCIAL INC (VOYA) - 0.79%
#15	BOOKING HOLDINGS INC (BKNG) - 1.08%	MAREX GROUP LTD (MRX) - 0.78%
#16	CVS HEALTH CORP (CVS) - 1.08%	TELEDYNE TECHNOLOGIES INC (TDY) - 0.78%
#17	META PLATFORMS INC CLASS A (META) - 1.07%	STONEX GROUP INC (SNEX) - 0.77%
#18	RTX CORP (RTX) - 1.07%	TEXTRON INC (TXT) - 0.77%
#19	THERMO FISHER SCIENTIFIC INC (TMO) - 1.07%	STANDARDAERO INC (SARO) - 0.76%
#20	GENERAL DYNAMICS CORP (GD) - 1.07%	BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 0.75%
#21	BRISTOL-MYERS SQUIBB CO (BMY) - 1.07%	VORNADO REALTY TRUST (VNO) - 0.53%
#22	3M CO (MMM) - 1.07%	SAIA INC (SAIA) - 0.52%
#23	UNION PACIFIC CORP (UNP) - 1.07%	DIGI INTERNATIONAL INC (DGII) - 0.52%
#24	VISA INC CLASS A (V) - 1.07%	FABRINET (FN) - 0.51%
#25	THE GOLDMAN SACHS GROUP INC (GS) - 1.07%	SUN COMMUNITIES INC (SUI) - 0.51%
Total Holdings	103	251

EQWL vs TMSL - Historical Returns

Returns include dividend reinvestment.

Period	EQWL	TMSL
1 month	+2.49%	+3.42%
3 months	+8.42%	+9.22%
6 months	+10.06%	+13.49%
1 year	+24.25%	+35.20%
5 years(CAGR)	+12.38%	N/A
10 years(CAGR)	+14.65%	N/A
Max(CAGR)	+10.92%	+20.20%

EQWL

+2.49%

Winner

TMSL

+3.42%

EQWL

+8.42%

Winner

TMSL

+9.22%

EQWL

+10.06%

Winner

TMSL

+13.49%

EQWL

+24.25%

Winner

TMSL

+35.20%

5Y(CAGR)

EQWL

+12.38%

TMSL

N/A

10Y(CAGR)

EQWL

+14.65%

TMSL

N/A

Max(CAGR)

EQWL

+10.92%

Winner

TMSL

+20.20%

EQWL vs TMSL - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	EQWL	TMSL
2026	+14.06%	+21.87%
2025	+17.96%	+12.04%
2024	+18.86%	+16.39%
2023	+19.22%	+11.22%
2022	-11.98%	N/A
2021	+29.98%	N/A
2020	+13.02%	N/A
2019	+29.24%	N/A
2018	-6.49%	N/A
2017	+23.46%	N/A
2016	+15.52%	N/A
2015	-1.56%	N/A
2014	+16.02%	N/A
2013	+32.97%	N/A
2012	+10.13%	N/A
2011	+2.17%	N/A
2010	+12.49%	N/A
2009	+16.54%	N/A
2008	-32.23%	N/A
2007	+10.04%	N/A
2006	+2.55%	N/A

EQWL vs TMSL Drawdown Comparison

The maximum drawdown for EQWL was -49.37%, occurring on Mar 9, 2009. Recovery took 1114 trading sessions.

The maximum drawdown for TMSL was -24.39%, occurring on Apr 8, 2025. Recovery took 193 trading sessions.

Rank	EQWL	TMSL
#1	-49.37% Oct 12, 2007 - Mar 15, 2012	-24.39% Nov 25, 2024 - Sep 5, 2025
#2	-34.29% Feb 12, 2020 - Sep 2, 2020	-13.22% Jul 31, 2023 - Dec 13, 2023
#3	-23.00% Jan 4, 2022 - Dec 11, 2023	-11.19% Feb 26, 2026 - Apr 17, 2026
#4	-18.06% Sep 21, 2018 - Apr 8, 2019	-8.33% Jul 16, 2024 - Sep 19, 2024
#5	-16.08% May 20, 2015 - Jun 6, 2016	-7.68% Mar 28, 2024 - Jul 15, 2024
#6	-14.96% Feb 19, 2025 - Jun 10, 2025	-6.69% Oct 27, 2025 - Nov 28, 2025
#7	-10.33% Jul 19, 2007 - Oct 1, 2007	-4.05% May 6, 2026 - May 26, 2026
#8	-10.13% Jan 26, 2018 - Aug 27, 2018	-4.03% Sep 18, 2025 - Oct 23, 2025
#9	-8.62% Sep 19, 2014 - Nov 5, 2014	-3.76% Nov 11, 2024 - Nov 22, 2024
#10	-7.86% Sep 2, 2020 - Nov 9, 2020	-3.71% May 26, 2026 - Jun 12, 2026
#11	-7.77% Feb 6, 2026 - Apr 30, 2026	-3.65% Jun 30, 2026 - Aug 4, 2026
#12	-7.58% May 1, 2012 - Jul 19, 2012	-3.27% Dec 27, 2023 - Jan 22, 2024
#13	-7.41% Oct 18, 2012 - Jan 3, 2013	-3.18% Dec 11, 2025 - Jan 6, 2026
#14	-6.82% Apr 30, 2019 - Jun 20, 2019	-2.93% Oct 17, 2024 - Nov 6, 2024
#15	-6.52% Jan 15, 2014 - Mar 4, 2014	-2.59% Apr 20, 2026 - May 5, 2026

Correlation

Correlation between EQWL and TMSL is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2006 - 2026)

EQWL vs TMSL dividend yield comparison.

Year	EQWL	TMSL
2026	0.78%	0.00%
2025	1.67%	0.57%
2024	1.86%	0.44%
2023	1.97%	0.34%
2022	2.12%	0.00%
2021	1.65%	0.00%
2020	2.01%	0.00%
2019	2.04%	0.00%
2018	2.23%	0.00%
2017	1.27%	0.00%
2016	2.01%	0.00%
2015	2.03%	0.00%
2014	1.74%	0.00%
2013	1.61%	0.00%
2012	2.52%	0.00%
2011	2.18%	0.00%
2010	1.52%	0.00%
2009	1.42%	0.00%
2008	1.48%	0.00%
2007	0.92%	0.00%
2006	0.08%	0.00%