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CZA vs EQAL

Invesco Zacks Mid-Cap ETF vs Invesco Russell 1000 Equal Weight ETF

CZA

Invesco Zacks Mid-Cap ETF

Annual cost

0.69%

Fund size

$184M

EQAL

Invesco Russell 1000 Equal Weight ETF

Annual cost

0.20%

Fund size

$806M

Key differences

Both CZA and EQAL are equity ETFs. CZA charges 0.69% a year and EQAL 0.20%. The main difference: EQAL costs 0.49% less per year.

  • EQAL costs 0.49% less per year.
  • EQAL is much larger than CZA. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, EQAL has delivered higher annualized returns.
  • CZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CZAEQAL
Annual cost (TER)0.69%0.20%
Fund size (AUM)$184M$806M
Since20072014
Dividend yield1.47%1.64%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+14.6%+23.2%
CAGR 3Y+14.2%+16.1%
CAGR 5Y+6.9%+6.8%
Sharpe 3Y0.730.83
Volatility 1Y12.79%12.38%
Max drawdown-46.18%-40.44%

Similar to CZA and EQAL