Equity: U.S. - Large Cap

SPYB Top Performer Intra-day
Price $54.36
Today’s Change +0.53%(0.99)
11:25am 03/23/2017
BWV Bottom Performer Intra-day
Price $71.87
Today’s Change -1.02%(-1.40)
3:31pm 03/23/2017
  • Overview
  • Efficiency
  • Tradability
  • Fit

ETF.com Insight

With dozens of ETFs and over $400 billion in combined AUM, the US Large Cap segment includes such blockbusters as SPY and QQQ as well as lesser-known funds. It's easily the mostLarge cap ETFs hold as few as 50 to as many as 1000 stocks. popular segment, with the most funds, making ETF selection that much harder.
At the highest level, the segment can be split between plain-vanilla ETFs, which try to represent the neutral market, and ETFs that attempt to improve on the market in some way.
ETFs further differentiate themselves through their definition of "large cap": At the extremes, XLG only includes the top 50 companies by market cap, while IWB, VONE and ONEK go as far as the top 1,000. The difference can be significant: We define large-caps as the top 70% of the US equity market by market cap, which equates to approximately 300 companies, so the broader ETFs extend well beyond their large-cap mandates in our view. More importantly, investors should watch for overlaps or gaps in coverage when combining large-cap ETFs with the rest of their exposure.
The fees in this segment range from SCHX's 0.04% to FWDD's 1.25%, with all plain-vanilla funds coming in at 0.20% or less. Tradability scores run the gamut as well, and frequent traders will likely prefer SPY or QQQ for their massive liquidity.
Non-vanilla funds, like wildly-popular SPLV, score low in Fit, which merely indicates that they don't look or act like cap-weighted funds. Investors considering these alternative approaches should spend time in the Fit section to grasp the impact on the fund's portfolio. MGC earns our Analyst Pick for the segment as it charges the lowest fees and its exposure aligns perfectly with our benchmark. Meanwhile, SPLV's low volatility approach earns it a spot on our Opportunities list. Those two funds aside, given the breadth of choices here, letter grades may be a good first screen to sift the wheat from the chaff. (Insight updated 03/23/17)

All Funds (121)

VOO $64.61 B 64607901837.42 S&P 500

A 97
E
100
100
T
100
100
F
97
97

IVV $101.77 B 101774440140 S&P 500

A 97
E
100
100
T
100
100
F
97
97

SPY $237.22 B 237216539105.49 Ultra-liquid

A 97
E
99
99
T
99
99
F
97
97

OEF $4.68 B 4676319435 100 megacaps

A 96
E
98
98
T
100
100
F
96
96

VV $9.21 B 9208999369.6 Great tracking

A 95
E
99
99
T
100
100
F
95
95

SCHX $8.18 B 8175205698.75 Lots of midcaps

A 94
E
100
100
T
100
100
F
94
94

VONE $673.88 M 673877750 Lots of midcaps

A 93
E
97
97
T
98
98
F
93
93

ONEK $133.26 M 133259572.8 Cheapest Russell 1000 ETF

A 93
E
99
99
T
68
68
F
93
93

IWB $17.74 B 17737817720 Lots of midcaps

A 93
E
99
99
T
99
99
F
93
93

DLN $1.97 B 1970327235 Low beta, high yield

A 92
E
93
93
T
99
99
F
92
92

XLG $630.13 M 630128129.215 50 megacaps

A 92
E
96
96
T
94
94
F
92
92

FNDX $2.3 B 2304304405.8868 Fundamentals, midcap tilt

A 86
E
96
96
T
99
99
F
86
86

JKD $785.88 M 785882350 No growth/value

A 86
E
97
97
T
94
94
F
86
86

DIA $16.73 B 16731586789.61 Price-weighted & narrow

A 80
E
98
98
T
99
99
F
80
80

JPUS $246.54 M 246537683.26471 new; trade with care

A 77
E
91
91
T
94
94
F
77
77

XRLV $220.09 M 220090829.742 New; trade with care.

A 75
E
95
95
T
83
83
F
75
75

PRF $4.95 B 4946939700 Fundamentals-based

A 75
E
94
94
T
99
99
F
75
75

SPHQ $1.19 B 1190116800 Lots of midcaps

A 73
E
94
94
T
99
99
F
73
73

FEX $1.54 B 1542924903.552 Quant model

A 73
E
88
88
T
99
99
F
73
73

RSP $13.11 B 13108665327.03 very large and liquid

A 72
E
93
93
T
99
99
F
72
72

SPHD $3.1 B 3101004000 Low vol, high yield

A 70
E
94
94
T
99
99
F
70
70

NOBL $2.91 B 2906112000 Midcap tilt

A 70
E
91
91
T
99
99
F
70
70

DTN $915.63 M 915631200 Div-weighted, ex-financials

A 67
E
93
93
T
92
92
F
67
67

QQQ $45.94 B 45936798700 Very tech heavy

A 62
E
96
96
T
100
100
F
62
62

EQAL $249.34 M 249339928.174 lower fee

A 62
E
97
97
T
95
95
F
62
62

QQEW $461.0 M 460996703.016 Equal-weight QQQ

A 57
E
88
88
T
97
97
F
57
57

SDOG $2.28 B 2278441062.5449 High yield

A 55
E
90
90
T
98
98
F
55
55

RDVY $138.95 M 138947537.44134 High closure risk

A 53
E
90
90
T
93
93
F
53
53

SPLV $6.5 B 6500399450 Low volatility stocks

A 42
E
96
96
T
99
99
F
42
42

SPHB $696.28 M 696275800 High beta S&P 500

A 26
E
95
95
T
99
99
F
26
26

MGC $1.18 B 1177975500 Best Fit

A 100
E
97
97
T
99
99
F
100
100

IWL $106.12 M 106116270 Top 200

A 100
E
98
98
T
70
70
F
100
100

JHML $336.77 M 336766400 new; trade with care

B 88
E
91
91
T
85
85
F
88
88

CSM $593.88 M 593876500 Long/short fund

B 88
E
82
82
T
96
96
F
88
88

EPS $131.67 M 131671040 Earnings-weighted

B 87
E
95
95
T
70
70
F
87
87

FQAL $33.77 M 33770400 N/A

B 87
E
92
92
T
71
71
F
87
87

EQWL $36.96 M 36963200 Unremarkable assets

B 85
E
96
96
T
67
67
F
85
85

RWL $588.36 M 588355445.6 Revenue-weighted

B 85
E
86
86
T
94
94
F
85
85

EQL $154.81 M 154805700 Decent assets, long history

B 83
E
83
83
T
73
73
F
83
83

FTCS $370.04 M 370036888.104 Balance sheet focus

B 75
E
86
86
T
95
95
F
75
75

CFA $208.03 M 208032796 closure risk

B 74
E
88
88
T
95
95
F
74
74

CFO $310.71 M 310711147.5 Downside protection

B 74
E
87
87
T
95
95
F
74
74

FDMO $19.07 M 19070310 N/A

B 73
E
85
85
T
73
73
F
73
73

LGLV $89.48 M 89479743.15 weak investor interest

B 69
E
98
98
T
58
58
F
69
69

CDC $400.04 M 400036617 Income w/ downside protection

B 69
E
87
87
T
96
96
F
69
69

PBP $294.13 M 294127200 Strong yield

B 61
E
80
80
T
91
91
F
61
61

SPYB $8.21 M 8209695.9 Large-cap only

B 60
E
86
86
T
66
66
F
60
60

PHDG $89.77 M 89765300 Downside-hedged

B 57
E
90
90
T
53
53
F
57
57

QQQE $115.07 M 115071076.714 Equal-weighted QQQ

B 57
E
92
92
T
83
83
F
57
57

QQXT $97.96 M 97957289.052 QQQ ex-tech

B 56
E
88
88
T
73
73
F
56
56

OEW $4.8 M 4803900 N/A

C 90
E
80
80
T
62
62
F
90
90

FMK $16.29 M 16289409.234 poor asset base

C 86
E
81
81
T
66
66
F
86
86

SYE $6.68 M 6679963.4 Active, high closure risk

C 85
E
77
77
T
63
63
F
85
85

FDLO $20.37 M 20371125 N/A

C 75
E
77
77
T
71
71
F
75
75

ROUS $24.34 M 24335730 reasonable price for niche strategy

C 74
E
74
74
T
61
61
F
74
74

HUSV $59.93 M 59933902.8099 N/A

C 62
E
74
74
T
68
68
F
62
62

FTHI $44.32 M 44324202.68729 Active

C 60
E
77
77
T
63
63
F
60
60

VQT $216.23 M 216225418.2856 Market-timing ETN

C 56
E
81
81
T
67
67
F
56
56

OPD $1.32 M 1321500 N/A

C 47
E
79
79
T
49
49
F
47
47

QYLD $72.08 M 72075000 High closure risk

C 40
E
69
69
T
76
76
F
40
40

HSPX $60.93 M 60925062.825 OTM covered calls

D 83
E
71
71
T
66
66
F
83
83

LEAD $8.25 M 8253000 rising dividends

D 67
E
72
72
T
62
62
F
67
67

SCTO $7.5 M 7498677.15675 illiquid, high closure risk

D 66
E
72
72
T
53
53
F
66
66

BWV $9.2 M 9202338.894 closure risk

D 62
E
72
72
T
40
40
F
62
62

FLAG $13.64 M 13638678.842788 High closure risk

D 55
E
64
64
T
63
63
F
55
55

FTLB $5.29 M 5293509.84774 Active, high closure risk

D 54
E
72
72
T
55
55
F
54
54

SPXH $46.36 M 46362400 Volatility overlay

F 89
E
60
60
T
28
28
F
89
89

TRSK $17.61 M 17612220 Weak trader

F 74
E
50
50
T
32
32
F
74
74

VIXH $3.8 M 3796400.618 High closure risk

F 69
E
61
61
T
38
38
F
69
69

FWDD $26.09 M 26088150 Actively managed

F 64
E
61
61
T
51
51
F
64
64

USMR $2.61 M 2614000 N/A

F 38
E
48
48
T
60
60
F
38
38

PTNQ $65.08 M 65076000 risk toggler

N/A 0
E
0
-1
T
0
-1
F
0
-1

ONEY $396.28 M 396281385 multi-factor yield play

N/A 0
E
0
-1
T
0
-1
F
0
-1

DOD $35.44 M 35438400 Dogs of the Dow ETN

N/A 0
E
0
-1
T
0
-1
F
0
-1

OVLC $2.77 M 2773000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPXT $1.18 M 1181500 no tech or telecoms

N/A 0
E
0
-1
T
0
-1
F
0
-1

PSET $6.99 M 6992252.9689 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DIVO $5.3 M 5298000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPYX $131.65 M 131645127.6 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DEUS $54.42 M 54419828.642 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPXV $1.24 M 1240750 no healthcare

N/A 0
E
0
-1
T
0
-1
F
0
-1

PUTW $52.27 M 52267238.01 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPMO $2.88 M 2879028.79 momentum scoring

N/A 0
E
0
-1
T
0
-1
F
0
-1

COWZ $9.05 M 9054500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

CAPE $59.52 M 59516716.44 closure risk

N/A 0
E
0
-1
T
0
-1
F
0
-1

QLC $22.07 M 22066304.4217 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

USLB $163.59 M 163587528.45 new, trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

DJD $7.58 M 7582500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

EEH $2.03 M 2034742.327738 Untradable ETN

N/A 0
E
0
-1
T
0
-1
F
0
-1

GSLC $1.57 B 1566161925 Mixes value, quality, momentum, and low vol

N/A 0
E
0
-1
T
0
-1
F
0
-1

SHE $288.3 M 288298001.2 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPXE $6.19 M 6185000 no energy stocks

N/A 0
E
0
-1
T
0
-1
F
0
-1

DUSA $30.62 M 30621164.7 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DFND $2.43 M 2425500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

LVHB $115.2 M 115195909.842 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ONEO $453.0 M 453000161.25 multi-factor momentum play

N/A 0
E
0
-1
T
0
-1
F
0
-1

SCIU $99.91 M 99913842.444588 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

CATH $89.41 M 89409366.599458 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

XUSA $34.93 M 34930000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

GARD $2.68 M 2675500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ESGL $22.44 M 22444828.056 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

PTLC $436.94 M 436942500 risk toggler

N/A 0
E
0
-1
T
0
-1
F
0
-1

ONEV $426.55 M 426548686.5 multi-factor value

N/A 0
E
0
-1
T
0
-1
F
0
-1

HVPW $31.1 M 31095680 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPYD $139.14 M 139141297.75 low fee

N/A 0
E
0
-1
T
0
-1
F
0
-1

SPXN $1.21 M 1206500 no financials or RE

N/A 0
E
0
-1
T
0
-1
F
0
-1

CDL $98.45 M 98451440.5 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ACSI $16.76 M 16764000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

CAPX $2.84 M 2842008 New; trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

TALL -- N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ZLRG $1.37 M 1374000 new; trade with care

F 70
E
57
57
T
40
40
F
70
70

SBUS $5.24 M 5240000 New; Trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

VSPY $8.26 M 8263705.091 High closure risk

C 59
E
81
81
T
66
66
F
59
59

IELG $27.68 M 27677520 Active management

B 84
E
90
90
T
68
68
F
84
84

VQTS $23.42 M 23423900 New, trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

FIA $1.3 M 1302000 New, trade with care

D 88
E
72
72
T
38
38
F
88
88

PUTX $2.52 M 2518630.3716 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

EWRI $62.05 M 62045500 liquidating

B 65
E
90
90
T
62
62
F
65
65

ERW $2.31 M 2307409.5 High closure risk

C 73
E
90
90
T
36
36
F
73
73

SLDR $1.18 M 1176326.55118 new; trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

SLOW $1.26 M 1260416.41464 New; trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

ETF.com Grade as 03/16/17

Equity: U.S. - Large Cap

Performance Dispersion
Performance  [as of 03/22/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Large Cap-0.30%4.54%5.54%16.64%9.73%12.68%--
A 97.38588VOO64607901837.42VOOVanguard S&P 500 Index Fund-0.46%4.35%5.22%16.96%10.24%13.42%--
A 97.185554IVV101774440140IVViShares Core S&P 500 ETF-0.42%4.38%5.24%16.96%10.23%13.39%7.30%
A 97.168619SPY237216539105.49SPYSPDR S&P 500 ETF Trust-0.41%4.40%5.27%16.90%10.18%13.32%7.27%
A 96.459064OEF4676319435OEFiShares S&P 100-0.09%4.54%5.54%17.09%10.49%12.84%7.08%
A 95.14041VV9208999369.6VVVanguard Large Cap Index Fund-0.50%4.48%5.36%17.15%9.93%13.26%7.46%
A 93.788615SCHX8175205698.75SCHXSchwab U.S. Large-Cap ETF-0.61%4.39%5.31%17.23%9.93%13.24%--
A 93.099594VONE673877750VONEVanguard Russell 1000 Index Fund-0.64%4.30%5.20%16.95%9.67%13.21%--
A 93.046823ONEK133259572.8ONEKSPDR Russell 1000-0.61%4.48%4.78%16.88%9.60%13.20%7.35%
A 92.974492IWB17737817720IWBiShares Russell 1000 ETF-0.61%4.27%5.16%17.07%9.73%13.26%7.29%
A 92.340544DLN1970327235DLNWisdomTree LargeCap Dividend Fund-0.08%3.48%4.11%16.25%10.39%12.65%6.54%
A 91.615347XLG630128129.215XLGGuggenheim S&P 500 Top 50 ETF0.52%5.33%6.19%17.52%11.29%12.70%6.91%
A 85.968188FNDX2304304405.8868FNDXSchwab Fundamental US Large Co. Index ETF-1.15%1.76%2.79%16.02%8.84%----
A 85.634218JKD785882350JKDiShares Morningstar Large-Cap ETF0.93%6.31%7.18%21.56%11.24%14.86%8.77%
A 79.545825DIA16731586789.61DIASPDR Dow Jones Industrial Average ETF Trust-0.31%4.33%5.10%20.34%10.82%12.30%7.86%
A 76.827506JPUS246537683.26471JPUSJPMorgan Diversified Return U.S. Equity ETF0.09%5.38%6.02%15.10%------
A 75.353275XRLV220090829.742XRLVPowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio0.88%5.19%6.25%14.85%------
A 75.323094PRF4946939700PRFPowerShares FTSE RAFI US 1000 Portfolio-1.88%1.15%2.16%17.61%8.73%13.37%7.59%
A 73.147858SPHQ1190116800SPHQPowerShares S&P 500 Quality Portfolio0.05%4.36%5.28%13.74%12.15%14.12%5.59%
A 72.917501FEX1542924903.552FEXFirst Trust Large Cap Core AlphaDEX Fund-1.39%3.96%4.92%16.37%8.17%12.70%--
A 72.194646RSP13108665327.03RSPGuggenheim S&P 500 Equal Weight ETF-1.32%3.24%4.01%16.01%8.82%13.51%7.88%
A 70.138441SPHD3101004000SPHDPowerShares S&P 500 High Dividend Low Volatility Portfolio-0.32%3.12%3.99%13.97%16.07%----
A 69.679164NOBL2906112000NOBLProShares S&P 500 Dividend Aristocrats ETF-0.03%4.16%4.68%10.57%10.76%----
A 67.351585DTN915631200DTNWisdomTree Dividend ex-Financials Fund-0.31%2.24%3.05%13.00%9.49%12.44%7.06%
A 62.259063QQQ45936798700QQQPowerShares QQQ Trust0.35%9.03%10.54%22.12%14.89%15.74%12.45%
A 62.082818EQAL249339928.174EQALPowerShares Russell 1000 Equal Weight Portfolio-1.85%2.86%3.55%16.55%------
A 56.934761QQEW460996703.016QQEWFirst Trust Nasdaq-100 Equal Weighted Index Fund0%9.09%10.32%21.55%11.45%14.66%10.04%
A 55.300606SDOG2278441062.5449SDOGALPS Sector Dividend Dogs ETF-1.91%1.51%2.33%13.14%11.28%----
A 53.299088RDVY138947537.44134RDVYFirst Trust Rising Dividend Achievers ETF-1.50%5.25%6.40%28.23%11.38%----
A 41.810437SPLV6500399450SPLVPowershares S&P 500 Low Volatility Portfolio1.38%5.09%5.64%12.01%11.76%13.36%--
A 26.463513SPHB696275800SPHBPowerShares S&P 500 High Beta Portfolio-4.58%-2.16%-0.52%25.16%6.35%11.96%--
A 100MGC1177975500MGCVanguard Mega Cap Index Fund-0.27%4.68%5.54%17.46%10.29%13.35%--
A 100IWL106116270IWLiShares Russell Top 200 ETF-0.22%4.86%5.74%17.16%10.42%13.35%--
B 88.447773JHML336766400JHMLJohn Hancock Multifactor Large Cap ETF-0.71%4.19%5.30%16.94%------
B 87.99559CSM593876500CSMProShares Large Cap Core Plus-0.49%4.21%4.97%16.59%10.69%14.39%--
B 87.475659EPS131671040EPSWisdomTree Earnings 500 Fund-0.77%4.32%5.31%18.63%9.79%12.92%7.20%
B 86.872567FQAL33770400FQALFidelity Quality Factor ETF0.03%5.74%6.39%--------
B 84.951678EQWL36963200EQWLPowerShares Russell Top 200 Equal Weight Portfolio-0.54%5.05%6.04%18.96%9.93%13.27%6.52%
B 84.600997RWL588355445.6RWLOppenheimer Large Cap Revenue ETF-1.49%2.72%3.92%14.36%8.97%13.81%--
B 82.773799EQL154805700EQLAlps Equal Sector Weight ETF-0.46%3.77%4.67%15.17%8.81%12.42%--
B 75.146903FTCS370036888.104FTCSFirst Trust Capital Strength ETF0.79%6.46%7.35%13.38%10.76%13.19%7.43%
B 74.209669CFA208032796CFAVictoryShares US 500 Volatility Wtd Index Fund-0.67%4.46%5.32%17.75%------
B 74.174031CFO310711147.5CFOVictoryShares US 500 Enhanced Volatility Wtd Index ETF-0.73%4.37%5.31%17.58%------
B 72.899777FDMO19070310FDMOFidelity Momentum Factor ETF-0.99%4.73%5.72%--------
B 69.487785LGLV89479743.15LGLVSPDR SSGA US Large Cap Low Volatility Index ETF0.37%4.78%5.93%14.36%11.06%----
B 68.786462CDC400036617CDCVictoryShares US EQ Income Enhanced Volatility Wtd Index ETF0.15%3.24%3.92%16.95%------
B 60.557076PBP294127200PBPPowershares S&P 500 BuyWrite Portfolio-0.23%2.70%2.91%11.40%5.02%5.07%--
B 59.699868SPYB8209695.9SPYBSPDR S&P 500 Buyback ETF-2.32%1.72%3.01%15.96%------
B 57.089509PHDG89765300PHDGPowershares S&P 500 Downside Hedged Portfolio-0.39%3.70%4.47%2.60%-0.69%----
B 56.98207QQQE115071076.714QQQEDirexion NASDAQ-100 Equal Weighted Index Shares-0.06%9.13%10.40%21.78%11.69%14.91%--
B 55.724562QQXT97957289.052QQXTFirst Trust NASDAQ-100 Ex-Technology Sector Index Fund-0.47%7.93%9.08%12.51%8.02%13.57%9.14%
C 90.139969OEW4803900OEWGuggenheim S&P 100 Equal Weight ETF-0.46%3.57%3.50%--------
C 85.998054FMK16289409.234FMKFirst Trust Mega Cap AlphaDEX Fund-2.08%3.04%4.21%14.13%6.70%9.85%--
C 84.848964SYE6679963.4SYESPDR MFS Systematic Core Equity ETF-1.26%3.11%4.96%16.21%12.19%----
C 75.391901FDLO20371125FDLOFidelity Low Volatility Factor ETF0.11%3.98%4.76%--------
C 74.385712ROUS24335730ROUSHartford Multifactor US Equity ETF-2.06%1.77%2.82%14.98%------
C 61.512384HUSV59933902.8099HUSVFirst Trust Horizon Managed Volatility Domestic ETF0.71%5.20%5.94%--------
C 60.362896FTHI44324202.68729FTHIFirst Trust High Income ETF-1.67%-0.30%0.38%11.72%6.90%----
C 55.891581VQT216225418.2856VQTBarclays ETN+ S&P VEQTOR ETN-0.84%2.89%3.78%1.34%-1.23%1.06%--
C 46.763015OPD1321500OPDGuggenheim Large Cap Optimized Diversification-0.81%2.50%2.52%--------
C 40.45751QYLD72075000QYLDRecon Capital NASDAQ 100 Covered Call ETF0.85%4.38%4.33%14.37%6.09%----
D 83.201737HSPX60925062.825HSPXHorizons S&P 500 Covered Call ETF-0.31%3.67%4.07%13.18%5.94%----
D 66.795121LEAD8253000LEADReality Shares DIVCON Leaders Dividend ETF-0.07%5.13%5.96%10.33%------
D 66.472301SCTO7498677.15675SCTOGlobal X JPMorgan US Sector Rotator Index ETF-0.68%2.46%3.05%9.53%------
D 61.679317BWV9202338.894BWViPath CBOE S&P 500 BuyWrite Index ETN2.08%4.52%4.53%11.60%6.22%6.89%--
D 54.614731FLAG13638678.842788FLAGWeatherStorm Forensic Accounting Long-Short ETF-3.65%-0.16%1.62%21.52%9.61%----
D 54.177805FTLB5293509.84774FTLBFirst Trust Low Beta Income ETF-1.64%-0.41%0.16%10.07%5.33%----
F 89.391863SPXH46362400SPXHJanus Velocity Volatility Hedged Large Cap ETF-0.13%5.04%6.89%15.62%6.17%----
F 74.23662TRSK17612220TRSKJanus Velocity Tail Risk Hedged Large Cap ETF-0.66%3.91%4.81%8.57%3.46%----
F 69.453864VIXH3796400.618VIXHFirst Trust CBOE S&P 500 VIX Tail Hedge Fund-0.08%4.83%5.86%7.23%4.41%----
F 64.442027FWDD26088150FWDDAdvisorShares Madrona Domestic ETF-1.82%2.30%5.05%13.13%5.99%12.11%--
F 37.65534USMR2614000USMRRecon Capital USA Managed Risk ETF4.88%4.62%6.33%--------
N/A 0PTNQ65076000PTNQPacer Trendpilot 100 ETF0.39%9.26%10.80%16.90%------
N/A 0ONEY396281385ONEYSPDR Russell 1000 Yield Focus-1.33%2.78%3.25%19.90%------
N/A 0DOD35438400DODElements Dogs of the DOW Dow Jones High Yield Select 10 Total Return ETN-14.35%4.86%4.81%-4.10%11.77%14.20%--
N/A 0OVLC2773000OVLCGuggenheim U.S. Large Cap Optimized Volatility ETF0.14%6.94%----------
N/A 0SPXT1181500SPXTProShares S&P 500 Ex-Technology ETF-1.29%2.47%2.72%13.95%------
N/A 0PSET6992252.9689PSETPrincipal Price Setters Index ETF3.20%6.50%7.37%13.45%------
N/A 0DIVO5298000DIVOAmplify YieldShares CWP Dividend & Option Income ETF-0.19%4.75%5.55%--------
N/A 0SPYX131645127.6SPYXSPDR S&P 500 Fossil Fuel Reserves Free ETF-0.15%5.39%6.48%17.36%------
N/A 0DEUS54419828.642DEUSDeutsche X-trackers Russell 1000 Comprehensive Factor ETF-0.77%4.15%4.96%14.71%------
N/A 0SPXV1240750SPXVProShares S&P 500 Ex-Health Care ETF-0.68%2.97%4.05%26.81%------
N/A 0PUTW52267238.01PUTWWisdomTree CBOE S&P 500 PutWrite Strategy Fund-0.36%2.30%2.71%12.18%------
N/A 0SPMO2879028.79SPMOPowerShares S&P 500 Momentum Portfolio3.27%5.41%6.00%15.59%------
N/A 0COWZ9054500COWZPacer U.S. Cash Cows 100 ETF-2.70%3.13%3.66%--------
N/A 0CAPE59516716.44CAPEBarclays ETN+ Shiller CAPE ETN0.04%5.71%7.10%23.01%14.49%----
N/A 0QLC22066304.4217QLCFlexShares US Quality Large Cap Index Fund-0.45%3.31%4.74%14.84%------
N/A 0USLB163587528.45USLBPowerShares Russell 1000 Low Beta Equal Weight Portfolio-0.46%3.71%4.06%12.41%------
N/A 0DJD7582500DJDGuggenheim Dow Jones Industrial Average Dividend ETF-0.51%2.66%3.83%17.60%------
N/A 0EEH2034742.327738EEHElements Spectrum Large Cap US Sector Momentum Index ETN-3.13%-0.64%3.90%9.93%14.03%11.42%--
N/A 0GSLC1566161925GSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETF-0.47%4.49%5.37%13.66%------
N/A 0SHE288298001.2SHESPDR SSGA Gender Diversity Index ETF-1.02%3.58%4.24%12.89%------
N/A 0SPXE6185000SPXEProShares S&P 500 Ex-Energy ETF-0.87%4.91%5.98%16.50%------
N/A 0DUSA30621164.7DUSADavis Select U.S. Equity ETF-1.66%------------
N/A 0DFND2425500DFNDReality Shares DIVCON Dividend Defender ETF0.35%3.13%3.48%2.82%------
N/A 0LVHB115195909.842LVHBElkhorn Lunt Low Vol/High Beta Tactical ETF0.71%3.32%4.88%--------
N/A 0ONEO453000161.25ONEOSPDR Russell 1000 Momentum Focus-1.25%3.38%4.50%16.34%------
N/A 0SCIU99913842.444588SCIUGlobal X Scientific Beta US ETF-0.78%3.86%4.51%13.94%------
N/A 0CATH89409366.599458CATHGlobal X S&P 500 Catholic Values-0.80%4.30%4.94%--------
N/A 0XUSA34930000XUSAQuantX Dynamic Beta US Equity ETF-4.84%------------
N/A 0GARD2675500GARDReality Shares DIVCON Dividend Guard ETF2.20%3.18%0.80%-0.61%------
N/A 0ESGL22444828.056ESGLOppenheimer ESG Revenue ETF0.14%------------
N/A 0PTLC436942500PTLCPacer Trendpilot 750 ETF-0.55%4.29%5.38%17.14%------
N/A 0ONEV426548686.5ONEVSPDR Russell 1000 Low Volatility Focus-0.65%4.49%5.07%17.68%------
N/A 0HVPW31095680HVPWUS Equity High Volatility Put Write Index Fund-0.57%0.84%1.05%6.45%0.19%----
N/A 0SPYD139141297.75SPYDSPDR S&P 500 High Dividend ETF-1.85%0.58%1.22%14.45%------
N/A 0SPXN1206500SPXNProShares S&P 500 Ex-Financials ETF2.23%4.70%5.71%21.69%------
N/A 0CDL98451440.5CDLVictoryShares US Large Cap High Div Volatility Wtd Index ETF0.07%3.23%4.09%16.71%------
N/A 0ACSI16764000ACSIAmerican Customer Satisfaction Core Alpha ETF-1.50%1.43%2.52%--------
N/A 0CAPX2842008CAPXElkhorn S&P 500 Capital Expenditures Portfolio1.26%4.04%5.89%21.16%------
N/A 0TALLTALLRBC S&P 500 Trend Allocator Index ETN4.95%10.08%10.08%--------
F 69.562519ZLRG1374000ZLRGETFS Zacks Earnings Large-Cap U.S. Index Fund10.44%10.48%1.66%32.62%------
N/A 0SBUS5240000SBUSETFS Diversified-Factor U.S. Large Cap Index Fund1.85%-0.83%8.07%7.47%------
C 59.162526601102VSPY8263705.091VSPYDirexion S&P 500 Volatility Response Shares-0.16%1.62%1.19%2.11%4.60%----
B 83.927499312392IELG27677520IELGiShares Enhanced US Large-Cap ETF0.95%8.36%10.59%11.10%9.69%----
N/A 0VQTS23423900VQTSETRACS S&P 500 VEQTOR Switch Index ETN3.86%9.43%11.47%-6.71%------
D 88.451371379761FIA1302000FIAFalah Russell-IdealRatings U.S. Large Cap ETF4.12%4.29%2.00%0.93%------
N/A 0PUTX2518630.3716PUTXALPS Enhanced Put Write Strategy ETF1.21%3.02%2.19%--------
B 65.349299527864EWRI62045500EWRIGuggenheim Russell 1000 Equal Weight-8.18%-12.50%-10.68%-12.12%6.68%7.81%--
C 72.738995778011ERW2307409.5ERWJanus Equal Risk Weighted Large Cap-2.95%-2.35%-2.58%-3.47%------
N/A 0SLDR1176326.55118SLDRALPS Sector Leaders -0.28%2.38%----------
N/A 0SLOW1260416.41464SLOWALPS Sector Low Volatility-0.15%5.64%----------
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ETF.com Efficiency Insight

Most of the US large-cap ETFs are incredibly efficient—31 score at least 90 on our scale. That's driven in part by the fact that many—although not all—ETFs in thisno less than 16 funds are at high risk of getting shut down segment charge ultra-low fees. SCHX leads the pack with its 0.04% expense ratio and VOO runs a close second with its 0.05% fee, while juggernauts IVV and SPY come in at 0.07% and 0.09%, respectively. All the plain-vanilla funds here charge 0.20% or less.
In contrast, many ETFs tracking alternative indexes charge more, which creates a direct drag on their ability to track their indexes and hurts their Efficiency scores. They also, generally, have higher turnover, which increases transaction costs and makes tracking more difficult. Higher costs and looser tracking tend to push non-vanilla funds toward the bottom end of the Efficiency score spectrum. Still, funds that take alternative views on the market, like SPLV and PRF, can score well here.
A fund's closure risk also factors into its Efficiency score: no less than 16 funds are at high risk of getting shut down by their issuers and 3 funds carry medium risk. In contrast, certain other funds have amassed massive asset bases, most notably SPY, IVV and QQQ.
Most of the ETFs in this segment have been well managed from a taxation perspective, avoiding capital gains distributions in recent memory, and most have built up significant capital losses to avoid payouts in the future. (Insight updated 03/23/17)

All Funds (121)

100
99.59665
99
99.376561
99
99.228247
99
99.019706
99
98.968517
98
98.306865
98
98.282024
98
98.076364
98
97.580302
97
97.44562
97
96.943185
97
96.849189
97
96.518618
96
96.438177
96
96.062916
96
95.891577
96
95.72055
96
95.588748
95
95.39104
95
95.268323
95
94.556374
94
94.271421
94
94.087438
94
93.902828
93
93.405689
93
93.13667
93
92.693785
92
91.927879
92
91.61123
91
90.901487
91
90.663086
91
90.552539
90
89.992578
90
89.901775
90
89.505144
88
88.45566
88
88.436198
88
88.375311
88
87.772541
87
87.230536
87
86.961385
86
86.359772
86
85.86361
86
85.845608
85
85.016841
83
83.429688
82
82.15696
81
80.721421
81
80.656739
80
80.13962
80
79.874784
79
79.181906
77
77.272714
77
77.258582
77
77.17393
74
74.421704
74
74.405405
72
72.431475
72
72.314477
72
71.955727
72
71.551311
71
70.550688
69
68.926118
64
63.574544
61
61.282578
61
60.607794
60
59.502881
50
49.956006
48
47.837838
100
100
100
100
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
57
57.458185
N/A
0
81
80.620386823683
90
90.321675449265
N/A
0
72
71.702203552839
N/A
0
90
89.907436690122
90
89.621556903286
N/A
0
N/A
0

ETF.com Grade as 03/16/17

Equity: U.S. - Large Cap

Tracking Difference (12 Month)

Ticker Expense Ratio Median Max. Upside Max. Downside Max LT/ST Cap Gains Rate Rule Legal Structure Fund Closure Risk Efficiency
ONEV SPDR Russell 1000 Low Volatility Focus 0.20% -- -- -- 20.00% / 39.60% Low 0
HVPW US Equity High Volatility Put Write Index Fund 0.95% -- -- -- 20.00% / 39.60% Medium 0
SCTO Global X JPMorgan US Sector Rotator Index ETF 0.84% -- -- -- 20.00% / 39.60% High 72.431475
DLN WisdomTree LargeCap Dividend Fund 0.28% -0.34% -0.30% -0.57% 20.00% / 39.60% Low 93.405689
OPD Guggenheim Large Cap Optimized Diversification 0.45% -- -- -- 20.00% / 39.60% High 79.181906
OEF iShares S&P 100 0.20% -0.20% -0.14% -0.23% 20.00% / 39.60% Low 98.306865
SPXN ProShares S&P 500 Ex-Financials ETF 0.27% -- -- -- 20.00% / 39.60% High 0
VQT Barclays ETN+ S&P VEQTOR ETN 0.95% -0.93% -0.88% -1.02% 20.00% / 39.60% Low 80.721421
ACSI American Customer Satisfaction Core Alpha ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.35% -0.39% -0.04% -0.58% 20.00% / 39.60% Low 91.61123
ONEY SPDR Russell 1000 Yield Focus 0.20% -- -- -- 20.00% / 39.60% Low 0
SDOG ALPS Sector Dividend Dogs ETF 0.40% -0.63% -0.29% -0.82% 20.00% / 39.60% Low 89.992578
DOD Elements Dogs of the DOW Dow Jones High Yield Select 10 Total Return ETN 0.75% -0.89% -0.76% -1.04% 20.00% / 39.60% Medium 0
OVLC Guggenheim U.S. Large Cap Optimized Volatility ETF 0.30% -- -- -- 20.00% / 39.60% High 0
ONEK SPDR Russell 1000 0.10% -0.05% -0.01% -0.16% 20.00% / 39.60% Low 99.228247
SPXT ProShares S&P 500 Ex-Technology ETF 0.27% -- -- -- 20.00% / 39.60% High 0
FLAG WeatherStorm Forensic Accounting Long-Short ETF 1.15% -0.39% -0.19% -0.59% 20.00% / 39.60% High 63.574544
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 0.95% -- -- -- 20.00% / 39.60% Low 0
QQXT First Trust NASDAQ-100 Ex-Technology Sector Index Fund 0.60% -0.51% -0.44% -0.64% 20.00% / 39.60% Low 88.436198
BWV iPath CBOE S&P 500 BuyWrite Index ETN 0.75% -0.53% 0.08% -0.81% 20.00% / 39.60% High 72.314477
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.20% -- -- -- 20.00% / 39.60% Low 0
IVV iShares Core S&P 500 ETF 0.04% -0.06% -0.04% -0.07% 20.00% / 39.60% Low 100
DTN WisdomTree Dividend ex-Financials Fund 0.38% -0.49% -0.39% -0.65% 20.00% / 39.60% Low 92.693785
PBP Powershares S&P 500 BuyWrite Portfolio 0.75% -0.84% -0.64% -1.07% 20.00% / 39.60% Low 79.874784
SPXV ProShares S&P 500 Ex-Health Care ETF 0.27% -- -- -- 20.00% / 39.60% High 0
FMK First Trust Mega Cap AlphaDEX Fund 0.70% -0.84% -0.72% -0.97% 20.00% / 39.60% Medium 80.656739
COWZ Pacer U.S. Cash Cows 100 ETF 0.49% -- -- -- 20.00% / 39.60% Low 0
QYLD Recon Capital NASDAQ 100 Covered Call ETF 0.60% -0.75% 0.34% -1.35% 20.00% / 39.60% Low 68.926118
CAPE Barclays ETN+ Shiller CAPE ETN 0.45% -- -- -- 20.00% / 39.60% Low 0
USLB PowerShares Russell 1000 Low Beta Equal Weight Portfolio 0.35% -- -- -- 20.00% / 39.60% Low 0
IWB iShares Russell 1000 ETF 0.15% -0.13% -0.09% -0.18% 20.00% / 39.60% Low 99.376561
EEH Elements Spectrum Large Cap US Sector Momentum Index ETN 0.75% -0.66% -0.21% -0.91% 20.00% / 39.60% High 0
OEW Guggenheim S&P 100 Equal Weight ETF 0.40% -- -- -- 20.00% / 39.60% High 80.13962
PHDG Powershares S&P 500 Downside Hedged Portfolio 0.39% -- -- -- 20.00% / 39.60% Low 89.901775
SPY SPDR S&P 500 ETF Trust 0.09% -0.12% -0.07% -0.20% 20.00% / 39.60% Low 99.019706
VV Vanguard Large Cap Index Fund 0.08% -0.10% -0.03% -0.12% 20.00% / 39.60% Low 98.968517
FNDX Schwab Fundamental US Large Co. Index ETF 0.25% -0.30% -0.25% -0.36% 20.00% / 39.60% Low 96.438177
DUSA Davis Select U.S. Equity ETF 0.60% -- -- -- 20.00% / 39.60% Low 0
RDVY First Trust Rising Dividend Achievers ETF 0.50% -0.65% -0.49% -0.93% 20.00% / 39.60% Low 89.505144
DFND Reality Shares DIVCON Dividend Defender ETF 1.55% -- -- -- 20.00% / 39.60% High 0
IWL iShares Russell Top 200 ETF 0.15% -0.16% -0.13% -0.26% 20.00% / 39.60% Low 98.076364
SPHB PowerShares S&P 500 High Beta Portfolio 0.25% -0.32% -0.21% -0.65% 20.00% / 39.60% Low 95.268323
EPS WisdomTree Earnings 500 Fund 0.28% -0.25% -0.17% -0.45% 20.00% / 39.60% Low 95.39104
HUSV First Trust Horizon Managed Volatility Domestic ETF 0.70% -- -- -- 20.00% / 39.60% Low 74.405405
PRF PowerShares FTSE RAFI US 1000 Portfolio 0.39% -0.39% -0.32% -0.52% 20.00% / 39.60% Low 93.902828
SPYB SPDR S&P 500 Buyback ETF 0.35% -0.43% -0.33% -0.62% 20.00% / 39.60% High 85.86361
XLG Guggenheim S&P 500 Top 50 ETF 0.20% -0.22% -0.07% -0.49% 20.00% / 39.60% Low 96.062916
FTCS First Trust Capital Strength ETF 0.65% -0.73% -0.68% -0.81% 20.00% / 39.60% Low 86.359772
XUSA QuantX Dynamic Beta US Equity ETF 0.59% -- -- -- 20.00% / 39.60% Low 0
ROUS Hartford Multifactor US Equity ETF 0.29% -0.34% 0.48% -0.59% 20.00% / 39.60% Medium 74.421704
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 0.35% -- -- -- 20.00% / 39.60% Low 86.961385
GARD Reality Shares DIVCON Dividend Guard ETF 1.46% -- -- -- 20.00% / 39.60% High 0
JHML John Hancock Multifactor Large Cap ETF 0.35% -- -- -- 20.00% / 39.60% Low 90.901487
SPHD PowerShares S&P 500 High Dividend Low Volatility Portfolio 0.30% -0.39% -0.36% -0.46% 20.00% / 39.60% Low 94.271421
EQAL PowerShares Russell 1000 Equal Weight Portfolio 0.20% -0.30% -0.19% -0.40% 20.00% / 39.60% Low 96.849189
FDLO Fidelity Low Volatility Factor ETF 0.29% -- -- -- 20.00% / 39.60% Medium 77.272714
PTLC Pacer Trendpilot 750 ETF 0.62% -- -- -- 20.00% / 39.60% Low 0
SPYD SPDR S&P 500 High Dividend ETF 0.12% -- -- -- 20.00% / 39.60% Low 0
XRLV PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio 0.25% -- -- -- 20.00% / 39.60% Low 94.556374
FTHI First Trust High Income ETF 0.85% -- -- -- 20.00% / 39.60% Low 77.258582
RSP Guggenheim S&P 500 Equal Weight ETF 0.40% -0.43% -0.37% -0.56% 20.00% / 39.60% Low 93.13667
CDL VictoryShares US Large Cap High Div Volatility Wtd Index ETF 0.35% -- -- -- 20.00% / 39.60% Low 0
LEAD Reality Shares DIVCON Leaders Dividend ETF 0.43% -- -- -- 20.00% / 39.60% High 71.551311
JKD iShares Morningstar Large-Cap ETF 0.20% -0.19% -0.05% -0.29% 20.00% / 39.60% Low 96.943185
SPHQ PowerShares S&P 500 Quality Portfolio 0.29% -0.31% -0.24% -0.37% 20.00% / 39.60% Low 94.087438
EQL Alps Equal Sector Weight ETF 0.30% 2.21% 3.23% 1.95% 20.00% / 39.60% Low 83.429688
FDMO Fidelity Momentum Factor ETF 0.29% -- -- -- 20.00% / 39.60% Medium 85.016841
PTNQ Pacer Trendpilot 100 ETF 0.66% -- -- -- 20.00% / 39.60% Low 0
SYE SPDR MFS Systematic Core Equity ETF 0.60% -- -- -- 20.00% / 39.60% High 77.17393
FTLB First Trust Low Beta Income ETF 0.85% -- -- -- 20.00% / 39.60% High 71.955727
RWL Oppenheimer Large Cap Revenue ETF 0.39% -0.39% -0.08% -0.70% 20.00% / 39.60% Low 85.845608
CFA VictoryShares US 500 Volatility Wtd Index Fund 0.35% -- -- -- 20.00% / 39.60% Low 87.772541
PSET Principal Price Setters Index ETF 0.40% -- -- -- 20.00% / 39.60% High 0
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.29% -- -- -- 20.00% / 39.60% Low 90.663086
SPLV Powershares S&P 500 Low Volatility Portfolio 0.25% -0.30% -0.28% -0.35% 20.00% / 39.60% Low 95.891577
EQWL PowerShares Russell Top 200 Equal Weight Portfolio 0.25% -0.48% -0.44% -0.53% 20.00% / 39.60% Low 95.588748
FQAL Fidelity Quality Factor ETF 0.29% -- -- -- 20.00% / 39.60% Low 91.927879
TRSK Janus Velocity Tail Risk Hedged Large Cap ETF 0.70% -0.73% 0.84% -1.79% 20.00% / 39.60% High 49.956006
DEUS Deutsche X-trackers Russell 1000 Comprehensive Factor ETF 0.19% -- -- -- 20.00% / 39.60% Low 0
FWDD AdvisorShares Madrona Domestic ETF 1.25% -- -- -- 20.00% / 39.60% High 61.282578
CFO VictoryShares US 500 Enhanced Volatility Wtd Index ETF 0.35% -- -- -- 20.00% / 39.60% Low 87.230536
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund 0.38% -- -- -- 20.00% / 39.60% Low 0
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.12% -0.19% -0.06% -0.32% 20.00% / 39.60% Low 97.580302
SPMO PowerShares S&P 500 Momentum Portfolio 0.25% -- -- -- 20.00% / 39.60% High 0
USMR Recon Capital USA Managed Risk ETF 0.30% -- -- -- 20.00% / 39.60% High 47.837838
QLC FlexShares US Quality Large Cap Index Fund 0.32% -- -- -- 20.00% / 39.60% Medium 0
VIXH First Trust CBOE S&P 500 VIX Tail Hedge Fund 0.60% -0.50% 0.84% -1.71% 20.00% / 39.60% High 60.607794
DJD Guggenheim Dow Jones Industrial Average Dividend ETF 0.30% -- -- -- 20.00% / 39.60% High 0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.09% -- -- -- 20.00% / 39.60% Low 0
SCHX Schwab U.S. Large-Cap ETF 0.03% -0.02% 0.01% -0.07% 20.00% / 39.60% Low 100
CSM ProShares Large Cap Core Plus 0.45% -0.76% -0.53% -0.82% 20.00% / 39.60% Low 82.15696
SHE SPDR SSGA Gender Diversity Index ETF 0.20% -- -- -- 20.00% / 39.60% Low 0
MGC Vanguard Mega Cap Index Fund 0.07% -0.05% 0.33% -0.08% 20.00% / 39.60% Low 96.518618
SPXE ProShares S&P 500 Ex-Energy ETF 0.27% -- -- -- 20.00% / 39.60% High 0
LVHB Elkhorn Lunt Low Vol/High Beta Tactical ETF 0.49% -- -- -- 20.00% / 39.60% Low 0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.60% -0.62% -0.53% -0.82% 20.00% / 39.60% Low 88.375311
VONE Vanguard Russell 1000 Index Fund 0.12% -0.27% -0.10% -0.35% 20.00% / 39.60% Low 97.44562
ONEO SPDR Russell 1000 Momentum Focus 0.20% -- -- -- 20.00% / 39.60% Low 0
HSPX Horizons S&P 500 Covered Call ETF 0.65% 0.66% 1.13% 0.25% 20.00% / 39.60% Low 70.550688
SCIU Global X Scientific Beta US ETF 0.19% -- -- -- 20.00% / 39.60% Low 0
DIA SPDR Dow Jones Industrial Average ETF Trust 0.17% -0.18% -0.12% -0.27% 20.00% / 39.60% Low 98.282024
CATH Global X S&P 500 Catholic Values 0.29% -- -- -- 20.00% / 39.60% Low 0
NOBL ProShares S&P 500 Dividend Aristocrats ETF 0.35% -0.52% -0.40% -0.64% 20.00% / 39.60% Low 90.552539
SPXH Janus Velocity Volatility Hedged Large Cap ETF 0.70% -0.71% -0.13% -1.35% 20.00% / 39.60% Low 59.502881
VOO Vanguard S&P 500 Index Fund 0.05% -0.04% -0.03% -0.06% 20.00% / 39.60% Low 99.59665
FEX First Trust Large Cap Core AlphaDEX Fund 0.61% -0.63% -0.51% -0.72% 20.00% / 39.60% Low 88.45566
ESGL Oppenheimer ESG Revenue ETF 0.40% -- -- -- 20.00% / 39.60% Low 0
QQQ PowerShares QQQ Trust 0.20% -0.24% -0.13% -0.34% 20.00% / 39.60% Low 95.72055
CAPX Elkhorn S&P 500 Capital Expenditures Portfolio -- -- -- 20.00% / 39.60% Closing 0
TALL RBC S&P 500 Trend Allocator Index ETN -- -- -- 20.00% / 39.60% Closing 0
ZLRG ETFS Zacks Earnings Large-Cap U.S. Index Fund -- -- -- 20.00% / 39.60% Closing 57.458185
SBUS ETFS Diversified-Factor U.S. Large Cap Index Fund -- -- -- 20.00% / 39.60% Closing 0
VSPY Direxion S&P 500 Volatility Response Shares -0.46% -0.41% -0.61% 20.00% / 39.60% Closing 80.620386823683
IELG iShares Enhanced US Large-Cap ETF -- -- -- 20.00% / 39.60% Closing 90.321675449265
VQTS ETRACS S&P 500 VEQTOR Switch Index ETN -0.83% -0.38% -0.93% 20.00% / 39.60% Closing 0
FIA Falah Russell-IdealRatings U.S. Large Cap ETF -- -- -- 20.00% / 39.60% Closing 71.702203552839
PUTX ALPS Enhanced Put Write Strategy ETF -- -- -- 20.00% / 39.60% Closing 0
ERW Janus Equal Risk Weighted Large Cap -1.32% -0.41% -2.01% 20.00% / 39.60% High 89.907436690122
EWRI Guggenheim Russell 1000 Equal Weight -0.36% -0.15% -0.47% 20.00% / 39.60% Closing 89.621556903286
SLDR ALPS Sector Leaders -- -- -- 20.00% / 39.60% Low 0
SLOW ALPS Sector Low Volatility -- -- -- 20.00% / 39.60% Low 0

ETF.com Tradability Insight

Traders looking for massive on-screen liquidity need look no further than SPY—with over $15 billion changing hands on a typical day, it's the easiest ETF to trade at aDon't assume that all of the ETFs in this segment are easy to trade moment's notice and one of the most liquid securities in the world. QQQ also knocks the competition out of the water with over $2.5 billion in daily volume. Trailing these two behemoths are DIA with just under $1 billion, IVV with about $750 million and VOO with about $300 million. In general, there are a lot of very liquid choices in this segment, as evidenced by the 29 ETFs with Tradability scores of 95 or better. These most liquid choices all have minimal bid/ask spreads and tend to trade very close to fair value.
However, it would be a mistake to assume that all of the ETFs in this segment are easy to trade. Near the bottom are funds like BWV and SYE with a median volume of $0, indicating that they don't trade at all most days. Spreads can be exorbitant, too. EEH sees average quoted spreads in excess of 10% for example. Use limit orders and be careful.
One of the major advantages of US large-cap equity ETFs is that their holdings tend to be very liquid, making it easy and relatively cheap to execute large trades using a market maker, regardless of the ETF's on-screen liquidity. More than 3/4 of the ETFs in this segment have perfect block liquidity scores, so those trading in size have plenty to choose from. No matter how little it trades on the secondary market, for many funds, chances are you can move 50,000, or even 500,000 shares very easily. (Insight updated 03/23/17)

All Funds (121)

100
99.769898
100
99.741302
100
99.625063
100
99.613519
100
99.58579
100
99.559567
99
99.332121
99
99.322618
99
99.222196
99
99.201301
99
99.1675
99
99.030249
99
98.958046
99
98.894565
99
98.880221
99
98.853258
99
98.792814
99
98.725951
99
98.593233
99
98.548445
98
97.735763
98
97.632985
97
97.243197
96
95.95146
96
95.577347
95
95.036833
95
94.681635
95
94.593034
95
94.555856
94
94.234497
94
94.132596
94
93.711946
94
93.699444
93
93.095336
92
91.721354
91
90.977593
85
84.76443
83
83.097566
83
82.673532
76
75.519712
73
73.435035
73
72.97675
73
72.647483
71
71.085203
71
70.765953
70
69.610961
70
69.572372
68
68.380475
68
68.371304
67
67.384044
67
66.908347
66
66.109345
66
66.061674
66
65.773209
63
62.841399
63
62.828818
63
62.816716
62
62.217937
62
61.705292
61
61.078668
60
59.703241
58
57.709574
55
55.238042
53
52.663587
53
52.629385
51
51.027872
49
48.705979
40
40.042012
38
37.892705
32
32.200248
28
27.596727
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
40
39.511254
N/A
0
66
66.085255583315
68
68.229797033241
N/A
0
38
38.232258930233
N/A
0
62
62.091106430575
36
36.233076698704
N/A
0
N/A
0

ETF.com Grade as 03/16/17

Equity: U.S. - Large Cap

Ticker Median Daily Volume ($) Average Spread Creation Unit/Day Market Hours Overlap Underlying Volume/Unit % Creation Cost Per Unit (%) Impediment to Creations Score - Tradability
LVHB Elkhorn Lunt Low Vol/High Beta Tactical ETF $690.65 K 0.19% 0.47 100.00% 0.01% 0.03% None 0
IWL iShares Russell Top 200 ETF $211.47 K 0.20% 0.08 100.00% 0.00% 0.02% None 69.610961
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund $1.99 M 0.05% 0.78 100.00% 0.02% 0.02% None 97.243197
SPHB PowerShares S&P 500 High Beta Portfolio $8.8 M 0.04% 4.73 100.00% 0.02% 0.03% None 98.593233
VONE Vanguard Russell 1000 Index Fund $1.85 M 0.03% 0.71 100.00% 0.00% 0.02% None 97.632985
DFND Reality Shares DIVCON Dividend Defender ETF $0 0.31% 0 100.00% 0.01% 0.08% None 0
ESGL Oppenheimer ESG Revenue ETF $12.87 K 0.15% 0.01 100.00% 0.01% 0.04% None 0
JHML John Hancock Multifactor Large Cap ETF $673.73 K 0.13% 0.45 100.00% 0.00% 0.04% None 84.76443
QQQ PowerShares QQQ Trust $1.98 B 0.01% 302.49 100.00% 0.02% 0.01% None 99.559567
SPHD PowerShares S&P 500 High Dividend Low Volatility Portfolio $22.48 M 0.03% 11.03 100.00% 0.03% 0.02% None 98.880221
VOO Vanguard S&P 500 Index Fund $374.2 M 0.01% 68.76 100.00% 0.01% 0.01% None 99.741302
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF $1.77 M 0.11% 0.83 100.00% 0.04% 0.01% None 95.577347
GARD Reality Shares DIVCON Dividend Guard ETF $2.32 K 0.27% 0.00 100.00% 0.01% 0.09% None 0
FEX First Trust Large Cap Core AlphaDEX Fund $5.3 M 0.04% 2.04 100.00% 0.01% 0.02% None 98.894565
ACSI American Customer Satisfaction Core Alpha ETF $111.02 K 0.21% 0.08 100.00% 0.01% 0.04% None 0
JKD iShares Morningstar Large-Cap ETF $2.4 M 0.10% 0.36 100.00% 0.03% 0.00% None 93.711946
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares $698.72 K 0.23% 0.19 100.00% 0.02% 0.01% None 82.673532
SPHQ PowerShares S&P 500 Quality Portfolio $5.57 M 0.04% 4.17 100.00% 0.01% 0.04% None 98.548445
VQT Barclays ETN+ S&P VEQTOR ETN $131.99 K 0.26% 0.04 100.00% -- 0% None 66.908347
CDL VictoryShares US Large Cap High Div Volatility Wtd Index ETF $611.7 K 0.10% 0.30 100.00% 0.04% 0.01% None 0
LEAD Reality Shares DIVCON Leaders Dividend ETF $34.16 K 0.28% 0.04 100.00% 0.01% 0.07% None 62.217937
DIVO Amplify YieldShares CWP Dividend & Option Income ETF $51.61 K 0.24% 0.04 100.00% 0.01% 0.04% None 0
JPUS JPMorgan Diversified Return U.S. Equity ETF $1.18 M 0.07% 0.19 100.00% 0.02% 0.03% None 93.699444
QQXT First Trust NASDAQ-100 Ex-Technology Sector Index Fund $219.22 K 0.11% 0.10 100.00% 0.02% 0.02% None 72.647483
SPLV Powershares S&P 500 Low Volatility Portfolio $71.51 M 0.02% 34.23 100.00% 0.02% 0.02% None 99.201301
CFA VictoryShares US 500 Volatility Wtd Index Fund $1.55 M 0.12% 0.73 100.00% 0.01% 0.04% None 94.681635
PSET Principal Price Setters Index ETF $0 0.30% 0 100.00% 0.03% 0.04% None 0
FLAG WeatherStorm Forensic Accounting Long-Short ETF $64.44 K 0.28% 0.03 100.00% 0.02% 0.08% None 62.816716
COWZ Pacer U.S. Cash Cows 100 ETF $159.53 K 0.14% 0.12 100.00% 0.01% 0.02% None 0
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF $254.88 K 0.60% 0.06 100.00% 0.04% 0.01% None 57.709574
QYLD Recon Capital NASDAQ 100 Covered Call ETF $507.84 K 0.30% 0.45 100.00% 0.00% 0.04% None 75.519712
SPMO PowerShares S&P 500 Momentum Portfolio $0 0.09% 0 100.00% 0.01% 0.03% None 0
CFO VictoryShares US 500 Enhanced Volatility Wtd Index ETF $1.53 M 0.12% 0.71 100.00% 0.01% 0.04% None 94.555856
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund $493.42 K 0.19% 0.35 100.00% -- 0.01% None 0
FMK First Trust Mega Cap AlphaDEX Fund $42.37 K 0.17% 0.03 100.00% 0.01% 0.03% None 65.773209
DUSA Davis Select U.S. Equity ETF $458.78 K 0.22% 0.45 95.00% 0.03% 0.04% None 0
MGC Vanguard Mega Cap Index Fund $3.63 M 0.03% 1.85 100.00% 0.00% 0.05% None 98.792814
RDVY First Trust Rising Dividend Achievers ETF $1.32 M 0.22% 1.00 100.00% 0.02% 0.04% None 93.095336
SPXE ProShares S&P 500 Ex-Energy ETF $19.42 K 0.41% 0.01 100.00% 0.00% 0.04% None 0
VV Vanguard Large Cap Index Fund $21.4 M 0.02% 8.03 100.00% 0.00% 0.02% None 99.58579
CSM ProShares Large Cap Core Plus $1.89 M 0.13% 1.32 100.00% 0.00% 0.03% None 95.95146
SHE SPDR SSGA Gender Diversity Index ETF $112.09 K 0.09% 0.03 100.00% 0.02% 0.02% None 0
FNDX Schwab Fundamental US Large Co. Index ETF $10.35 M 0.04% 6.13 100.00% 0.00% 0.03% None 98.853258
XUSA QuantX Dynamic Beta US Equity ETF $5.1 K 0.30% 0.00 100.00% 0.70% 0.04% None 0
NOBL ProShares S&P 500 Dividend Aristocrats ETF $15.85 M 0.02% 5.62 100.00% 0.04% 0.01% None 99.222196
ROUS Hartford Multifactor US Equity ETF $29.64 K 0.29% 0.02 100.00% 0.01% 0.07% None 61.078668
SPXH Janus Velocity Volatility Hedged Large Cap ETF $71.21 K 0.64% 0.04 100.00% 14.34% 0.04% None 27.596727
XLG Guggenheim S&P 500 Top 50 ETF $1.51 M 0.06% 0.18 100.00% 0.02% 0.01% None 94.234497
DIA SPDR Dow Jones Industrial Average ETF Trust $655.76 M 0.01% 64.64 100.00% 0.09% 0.01% None 98.725951
CATH Global X S&P 500 Catholic Values $159.9 K 0.27% 0.11 100.00% 0.00% 0.16% None 0
FTCS First Trust Capital Strength ETF $1.39 M 0.10% 0.65 100.00% 0.02% 0.02% None 95.036833
OEF iShares S&P 100 $42.27 M 0.01% 8.03 100.00% 0.01% 0.00% None 99.769898
RSP Guggenheim S&P 500 Equal Weight ETF $73.7 M 0.01% 16.54 100.00% 0.01% 0.04% None 99.030249
SPXN ProShares S&P 500 Ex-Financials ETF $0 0.19% 0 100.00% 0.00% 0.04% None 0
XRLV PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio $642.93 K 0.14% 0.45 100.00% 0.01% 0.03% None 83.097566
DLN WisdomTree LargeCap Dividend Fund $3.96 M 0.04% 0.96 100.00% 0.01% 0.01% None 98.958046
OPD Guggenheim Large Cap Optimized Diversification $0 0.69% 0 100.00% 0.02% 0.04% None 48.705979
FTHI First Trust High Income ETF $111.65 K 0.32% 0.10 100.00% 0.02% 0.07% None 62.828818
ONEK SPDR Russell 1000 $401.09 K 0.39% 0.07 100.00% 0.01% 0.04% None 68.380475
RWL Oppenheimer Large Cap Revenue ETF $2.61 M 0.14% 1.16 100.00% 0.00% 0.11% None 94.132596
SPXT ProShares S&P 500 Ex-Technology ETF $13.05 K 0.34% 0.00 100.00% 0.00% 0.04% None 0
DOD Elements Dogs of the DOW Dow Jones High Yield Select 10 Total Return ETN $416.07 K 1.81% 0.08 100.00% -- 0% Potential 0
OVLC Guggenheim U.S. Large Cap Optimized Volatility ETF $0 0.16% 0 100.00% 0.01% 0.04% None 0
FTLB First Trust Low Beta Income ETF $14.96 K 0.45% 0.01 100.00% 0.02% 0.07% None 55.238042
FWDD AdvisorShares Madrona Domestic ETF $19.22 K 0.64% 0.01 100.00% 0.00% 0.04% None 51.027872
PBP Powershares S&P 500 BuyWrite Portfolio $1.43 M 0.20% 1.32 100.00% 0.00% 0.18% None 90.977593
SPXV ProShares S&P 500 Ex-Health Care ETF $0 0.28% 0 100.00% 0.00% 0.04% None 0
DEUS Deutsche X-trackers Russell 1000 Comprehensive Factor ETF $788.07 K 0.13% 0.56 100.00% 0.01% 0.07% None 0
DTN WisdomTree Dividend ex-Financials Fund $1.62 M 0.18% 0.39 100.00% 0.04% 0.01% None 91.721354
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $5.74 M 0.04% 2.50 100.00% 0.00% 0.06% None 0
PHDG Powershares S&P 500 Downside Hedged Portfolio $78.47 K 0.66% 0.06 100.00% 0.00% 0.04% None 52.663587
SCHX Schwab U.S. Large-Cap ETF $37.22 M 0.02% 13.36 100.00% 0.00% 0.02% None 99.613519
SPY SPDR S&P 500 ETF Trust $15.01 B 0.00% 1,304.70 100.00% 0.01% 0.03% None 99.332121
DJD Guggenheim Dow Jones Industrial Average Dividend ETF $51.2 K 0.86% 0.03 100.00% 0.01% 0.03% None 0
EEH Elements Spectrum Large Cap US Sector Momentum Index ETN $0 2.49% 0.00 100.00% -- 0% None 0
OEW Guggenheim S&P 100 Equal Weight ETF $16.91 K 0.28% 0.01 100.00% 0.00% 0.03% None 61.705292
HSPX Horizons S&P 500 Covered Call ETF $160.0 K 0.21% 0.07 100.00% 0.00% 0.13% None 66.061674
PRF PowerShares FTSE RAFI US 1000 Portfolio $14.22 M 0.03% 2.84 100.00% 0.01% 0.01% None 99.322618
SCIU Global X Scientific Beta US ETF $465.52 K 0.25% 0.34 100.00% 0.00% 0.17% None 0
SPYB SPDR S&P 500 Buyback ETF $50.35 K 0.18% 0.01 100.00% 0.02% 0.01% None 66.109345
ONEO SPDR Russell 1000 Momentum Focus $270.23 K 0.37% 0.08 100.00% 0.01% 0.06% None 0
EPS WisdomTree Earnings 500 Fund $233.56 K 0.25% 0.06 100.00% 0.01% 0.02% None 69.572372
HUSV First Trust Horizon Managed Volatility Domestic ETF $198.6 K 0.24% 0.19 100.00% 0.01% 0.05% None 68.371304
FDLO Fidelity Low Volatility Factor ETF $209.28 K 0.12% 0.16 100.00% 0.01% 0.04% None 71.085203
HVPW US Equity High Volatility Put Write Index Fund $131.08 K 0.22% 0.07 -- -- 0.03% None 0
PTLC Pacer Trendpilot 750 ETF $1.93 M 0.24% 1.54 100.00% 0.00% 0.06% None 0
SCTO Global X JPMorgan US Sector Rotator Index ETF $30.93 K 0.57% 0.01 100.00% 0.05% 0.04% None 52.629385
SPYD SPDR S&P 500 High Dividend ETF $1.89 M 0.15% 1.08 100.00% 0.02% 0.01% None 0
ONEV SPDR Russell 1000 Low Volatility Focus $84.31 K 0.53% 0.02 100.00% 0.02% 0.04% None 0
EQAL PowerShares Russell 1000 Equal Weight Portfolio $1.92 M 0.18% 1.37 100.00% 0.00% 0.04% None 94.593034
FDMO Fidelity Momentum Factor ETF $364.08 K 0.18% 0.27 100.00% 0.01% 0.04% None 72.97675
PTNQ Pacer Trendpilot 100 ETF $326.27 K 0.24% 0.26 100.00% 0.00% 0.02% None 0
SDOG ALPS Sector Dividend Dogs ETF $12.86 M 0.03% 5.99 100.00% 0.03% 0.02% None 97.735763
SYE SPDR MFS Systematic Core Equity ETF $30.99 K 0.27% 0.00 100.00% 0.03% 0.00% None 62.841399
ONEY SPDR Russell 1000 Yield Focus $47.82 K 0.50% 0.01 100.00% 0.02% 0.03% None 0
EQL Alps Equal Sector Weight ETF $415.77 K 0.19% 0.13 100.00% 0.11% 0.02% None 73.435035
FQAL Fidelity Quality Factor ETF $332.41 K 0.11% 0.25 100.00% 0.01% -- None 70.765953
IVV iShares Core S&P 500 ETF $629.92 M 0.01% 53.39 100.00% 0.01% 0.01% None 99.625063
TRSK Janus Velocity Tail Risk Hedged Large Cap ETF $17.05 K 0.41% 0.01 100.00% 12.24% 0.05% None 32.200248
BWV iPath CBOE S&P 500 BuyWrite Index ETN $7.04 K 1.47% 0.00 100.00% -- 0% None 40.042012
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF $250.91 K 0.25% 0.09 100.00% 0.00% 0.05% None 0
EQWL PowerShares Russell Top 200 Equal Weight Portfolio $145.52 K 0.22% 0.06 100.00% 0.01% 0.02% None 67.384044
USMR Recon Capital USA Managed Risk ETF $0 0.34% 0.00 100.00% 0.01% 0.04% None 59.703241
IWB iShares Russell 1000 ETF $78.57 M 0.01% 12.07 100.00% 0.01% 0.04% None 99.1675
QLC FlexShares US Quality Large Cap Index Fund $20.68 K 0.13% 0.00 100.00% 0.01% 0.03% None 0
VIXH First Trust CBOE S&P 500 VIX Tail Hedge Fund $10.71 K 1.16% 0.00 100.00% 0.00% 0.12% None 37.892705
CAPE Barclays ETN+ Shiller CAPE ETN $402.43 K 0.16% 0.16 100.00% -- 0% None 0
USLB PowerShares Russell 1000 Low Beta Equal Weight Portfolio $88.34 K 0.35% 0.06 100.00% 0.01% 0.04% None 0
CAPX Elkhorn S&P 500 Capital Expenditures Portfolio $10.93 K 0.00 100.00% 0.01% 0.04% None 0
TALL RBC S&P 500 Trend Allocator Index ETN $0 0 -- -- 0.12% None 0
ZLRG ETFS Zacks Earnings Large-Cap U.S. Index Fund $0 0.00 100.00% 0.01% 0.02% None 39.511254
SBUS ETFS Diversified-Factor U.S. Large Cap Index Fund $7.71 K 0.00 100.00% 0.00% 0.02% None 0
VSPY Direxion S&P 500 Volatility Response Shares $26.33 K 0.00 100.00% 0.02% 0.02% None 66.085255583315
IELG iShares Enhanced US Large-Cap ETF $406.68 K 0.24 100.00% 0% 0.03% None 68.229797033241
VQTS ETRACS S&P 500 VEQTOR Switch Index ETN $0 0.00 -- -- 0.12% Potential 0
FIA Falah Russell-IdealRatings U.S. Large Cap ETF $0 0.00 -- 0.00% 0.08% None 38.232258930233
PUTX ALPS Enhanced Put Write Strategy ETF $22.36 K 0.02 -- -- 0.04% None 0
EWRI Guggenheim Russell 1000 Equal Weight $119.78 K 0.05 97.00% 0.01% 0.11% None 62.091106430575
ERW Janus Equal Risk Weighted Large Cap $0 0 80.00% 0.01% 0.08% None 36.233076698704
SLDR ALPS Sector Leaders $0 0.00 99.00% 0.02% 0.04% None 0
SLOW ALPS Sector Low Volatility $0 0.00 100.00% 0.02% 0.04% None 0

ETF.com/ Block Liquidity

SPHQ
5
4
3
2
1
JKD
5
4
3
2
1
CDL
5
4
3
2
1
SPLV
5
4
3
2
1
JPUS
5
4
3
2
1
CFA
5
4
3
2
1
LGLV
5
4
3
2
1
CFO
5
4
3
2
1
SHE
5
4
3
2
1
SPXE
5
4
3
2
1
MGC
5
4
3
2
1
CSM
5
4
3
2
1
CATH
5
4
3
2
1
NOBL
5
4
3
2
1
DIA
5
4
3
2
1
OEF
5
4
3
2
1
DLN
5
4
3
2
1
SPXT
5
4
3
2
1
ONEK
5
4
3
2
1
PBP
5
4
3
2
1
DTN
5
4
3
2
1
OEW
5
4
3
2
1
SPY
5
4
3
2
1
PHDG
5
4
3
2
1
HUSV
5
4
3
2
1
SPYB
5
4
3
2
1
PRF
5
4
3
2
1
EPS
5
4
3
2
1
EQAL
5
4
3
2
1
FDLO
5
4
3
2
1
SPYD
5
4
3
2
1
PTLC
5
4
3
2
1
EQL
5
4
3
2
1
FDMO
5
4
3
2
1
SYE
5
4
3
2
1
PTNQ
5
4
3
2
1
EQWL
5
4
3
2
1
FQAL
5
4
3
2
1
VIXH
5
4
3
2
1
QLC
5
4
3
2
1
LVHB
5
4
3
2
1
VONE
5
4
3
2
1
QQEW
5
4
3
2
1
FEX
5
4
3
2
1
ESGL
5
4
3
2
1
VOO
5
4
3
2
1
QQQ
5
4
3
2
1
ACSI
5
4
3
2
1
VQT
5
4
3
2
1
QQQE
5
4
3
2
1
FLAG
5
4
3
2
1
DIVO
5
4
3
2
1
QQXT
5
4
3
2
1
FMK
5
4
3
2
1
COWZ
5
4
3
2
1
QYLD
5
4
3
2
1
FNDX
5
4
3
2
1
DUSA
5
4
3
2
1
VV
5
4
3
2
1
RDVY
5
4
3
2
1
ROUS
5
4
3
2
1
FTCS
5
4
3
2
1
XLG
5
4
3
2
1
RSP
5
4
3
2
1
FTHI
5
4
3
2
1
XRLV
5
4
3
2
1
RWL
5
4
3
2
1
FWDD
5
4
3
2
1
DEUS
5
4
3
2
1
SCHX
5
4
3
2
1
GSLC
5
4
3
2
1
DJD
5
4
3
2
1
SCIU
5
4
3
2
1
HSPX
5
4
3
2
1
ONEO
5
4
3
2
1
HVPW
5
4
3
2
1
ONEV
5
4
3
2
1
SDOG
5
4
3
2
1
ONEY
5
4
3
2
1
IVV
5
4
3
2
1
SPYX
5
4
3
2
1
IWB
5
4
3
2
1
USLB
5
4
3
2
1
SPHB
5
4
3
2
1
IWL
5
4
3
2
1
SPHD
5
4
3
2
1
JHML
5
4
3
2
1
CDC
5
4
3
2
1
LEAD
5
4
3
2
1
PSET
5
4
3
2
1
SPMO
5
4
3
2
1
OPD
5
4
3
2
1
SPXN
5
4
3
2
1
OVLC
5
4
3
2
1
SPXV
5
4
3
2
1
USMR
5
4
3
2
1
FTLB
5
4
3
2
1
SCTO
5
4
3
2
1
BWV
5
4
3
2
1
DFND
5
4
3
2
1
GARD
5
4
3
2
1
XUSA
5
4
3
2
1
SPXH
5
4
3
2
1
TRSK
5
4
3
2
1
DOD
5
4
3
2
1
EEH
5
4
3
2
1
CAPE
5
4
3
2
1
PUTW
5
4
3
2
1
CAPX
5
4
3
2
1
TALL
5
4
3
2
1
ZLRG
5
4
3
2
1
SBUS
5
4
3
2
1
VSPY
5
4
3
2
1
IELG
5
4
3
2
1
VQTS
5
4
3
2
1
FIA
5
4
3
2
1
PUTX
5
4
3
2
1
EWRI
5
4
3
2
1
ERW
5
4
3
2
1
SLDR
5
4
3
2
1
SLOW
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

From 30,000 feet, investors have two types of large-cap funds to choose from: plain-vanilla, market-cap-weighted ETFs that fit our benchmark reasonably well; and alternatively weighted ETFsSome quasi-active funds aim to beat the market without wildly differing from it that offer a different take on the market. Some funds in the 2nd group still look and perform much like cap-weight funds while others take bold departures.
The plain vanilla funds include those that track the S&P 500—SPY, IVV and VOO. We classify the selection for these funds as Proprietary rather than Market-Cap due to the S&P 500's committee-based selection. Still, these funds score well here despite a modest, out-of-segment stake in midcaps.
MGC, VV, IWL, and SCHX also represent the market extremely well. MGC's index switch from MSCI to CRSP in early 2013 has not diminished the fund's score—it still tracks about 300 of the largest US firms. Mega-cap fund IWL narrows the list to just the largest 200 companies by market cap. Strong Fit scores for these funds reflect how the largest firms dominate both the exposure and performance of the market, as measured by our market-cap weighted benchmark.
OEF's top-100 and XLG's top-50 baskets take the mega-focus to the extreme, and their Fit scores suffer a bit for it, while funds like IWB, ONEK and VONE reach in the other direction into the midcap space. Investors in these funds should watch for overlap with mid-cap funds in their portfolio.
Two of the most popular non-vanilla ETFs include the price-weighted DIA which tracks the venerable Dow and delivers middling exposure at best, and QQQ which tracks the Nasdaq-100 and tilts massively toward technology stocks. Low-volatility SPLV—which makes our opportunities list—has gathered headlines and assets as it tries to offer a smoother ride while maintaining equity upside. Its counterpart—SPHB—aims to capitalize on market upswings with its focus on high-beta stocks.
Equal-weighted RSP offers more exposure to smaller firms even though it holds the same 500 names as SPY, while EQL equal-weights the S&P 500 by sector. DLN's dividend focus offers more income and adds a de facto value bias to its portfolio, while DTN does the same but removes the impact of the relatively volatile financial sector. SDOG explicitly looks at dividends as a means for finding value—it holds the 5 highest yielding S&P 500 stocks in each sector.
Another fund on the Opportunities List—PRF—aims for perfect exposure to US firms as measured by their economic footprint rather than market-cap. As such it doesn't aim to beat the market so much as redefine it. Some quasi-active funds like FEX explicitly aim to beat the market without wildly differing from it, with varying long-run results in both respects. More exotic competitors live in the large-cap segment too. These include funds that can switch to cash in tough times (TRND), covered call strategies (PBP), tail-risk hedged (TRSK), forensic accounting (FLAG) and many more.
MGC earns our Analyst Pick for its pure, comprehensive coverage of the US large-cap universe, but there are large-cap ETFs for almost every imaginable tilt or bias, each with the potential to out- or underperform the market given different circumstances. (Insight updated 03/23/17)

All Funds (121)

97
97.38588
97
97.185554
97
97.168619
96
96.459064
95
95.14041
94
93.788615
93
93.099594
93
93.046823
93
92.974492
92
92.340544
92
91.615347
90
90.139969
89
89.391863
88
88.447773
88
87.99559
87
87.475659
87
86.872567
86
85.998054
86
85.968188
86
85.634218
85
84.951678
85
84.848964
85
84.600997
83
83.201737
83
82.773799
80
79.545825
77
76.827506
75
75.391901
75
75.353275
75
75.323094
75
75.146903
74
74.385712
74
74.23662
74
74.209669
74
74.174031
73
73.147858
73
72.917501
73
72.899777
72
72.194646
70
70.138441
70
69.679164
69
69.487785
69
69.453864
69
68.786462
67
67.351585
67
66.795121
66
66.472301
64
64.442027
62
62.259063
62
62.082818
62
61.679317
62
61.512384
61
60.557076
60
60.362896
60
59.699868
57
57.089509
57
56.98207
57
56.934761
56
55.891581
56
55.724562
55
55.300606
55
54.614731
54
54.177805
53
53.299088
47
46.763015
42
41.810437
40
40.45751
38
37.65534
26
26.463513
100
100
100
100
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
70
69.562519
N/A
0
59
59.162526601102
84
83.927499312392
N/A
0
88
88.451371379761
N/A
0
73
72.738995778011
65
65.349299527864
N/A
0
N/A
0

ETF.com Grade as 03/16/17

Equity: U.S. - Large Cap