CSTK vs VSLU: Grades, Fees and Holdings Compared

Invesco Comstock Contrarian Equity ETF

CSTKBCboe

Applied Finance Valuation Large Cap ETF

VSLUCNYSE Arca

Overlap

16.8%by weight

Expense ratio

CSTK −0.14pt a year

CSTK0.35%VSLU0.49%

Avg volume · 30D

VSLU 3.0×the volume

CSTK9.02KVSLU26.7K

CSTK vs VSLU Performance

Oct 31, 2025 – Oct 30, 2026

+21.7%CSTK+12.5%VSLU

Expense ratio: CSTK 0.35%, better; VSLU 0.49%
Fund size: CSTK $184M; VSLU $578M
1Y total return: CSTK +21.7%, better; VSLU +12.5%
Yield (12M): CSTK 1.79%, better; VSLU 0.42%
Holdings: CSTK 61; VSLU 442
Avg volume (30D): CSTK 9.02K sh; VSLU 26.7K sh, better
NAV per share: CSTK $33.44; VSLU $49.50
52W range

ETF.net Grade

Pillar letters and Scores for CSTK, VSLU, with each pillar’s weight
Pillar	CSTK	VSLU
Cost30% weight	A70Higher	B57
Mission25% weight	Not scored	A74
Risk15% weight	B67Higher	C46
Tradability15% weight	C54Higher	C45
Holdings10% weight	A72Higher	D39
Durability5% weight	C50	B56Higher

Rank among US Active Contrarian Value funds

How we build Categories ›

Same Category. CSTK and VSLU are both graded against the same 8 US Active Contrarian Value funds, so their Grades compare head to head.

US Active Contrarian Value⁠

Category · 8 funds

See all 8 ›

CSTK ranks 3rd and VSLU 5th of 8 funds in the US Active Contrarian Value Category.

Rank 1ADFALDimensional US Large Cap Core Equity Market ETFScore 76
Rank 2ATVALT. Rowe Price Value ETFScore 72
Rank 3BCSTKInvesco Comstock Contrarian Equity ETFScore 65
Rank 4BBKDVBNY Mellon Dynamic Value ETFScore 58
Rank 5CVSLUApplied Finance Valuation Large Cap ETFScore 49
Rank 6CVAMOCambria Value and Momentum ETFScore 44

Our read on each fund

ETF.net Research

CSTKBInvesco Comstock Contrarian Equity ETF

VSLUCApplied Finance Valuation Large Cap ETF

In short

CSTK No data

VSLU Applied Finance has been estimating what companies are actually worth since 1995. VSLU runs that engine on US large caps: own the ones trading below its intrinsic-value estimate, for less than the typical active fund charges.

Stated mandate

CSTK No data

VSLU The Fund’s stated objective is long-term capital appreciation.

Why people hold it

CSTK No data

VSLU Charges 0.49% a year, below the 0.65% median for active US equity funds. Cheap fuel for an active strategy.
The engine is Applied Finance's Economic Margin framework, which strips accounting distortions to measure what a firm earns above or below its cost of capital.appliedfinance.com appliedfinance.com 2
Stock-picking with a leash: an active mandate for long-term capital appreciation, measured against the Morningstar US Large-Mid Cap Index.
Running since 2021 and one of the stronger overall showings in our active US equity group.

Worth knowing

CSTK No data

VSLU Thinly traded compared with the category's giants, so bid-ask spreads can be wider, especially in fast markets.
Cheap for active, not cheap outright: systematic peers like DFAU (0.12%) and AVLC (0.15%) charge roughly a third as much.
A value discipline means the portfolio can look very different from a cap-weighted index, and its results can diverge for long stretches.

Full CSTK profile⁠

Full VSLU profile⁠

CSTK vs VSLU Holdings

How CSTK and VSLU differ

Overlap by weight

16.8%

Shared holdings make up 58.1% of CSTK and 26.8% of VSLU.

Level by level

Holdings34 in both16.8%
Sector11 Sectors67.8%
Countryby domicile97.5%
Asset classEquity100%

Sector

Sector weights in CSTK and VSLU, widest gap first
Sector	More in CSTKMore in VSLU	CSTK	VSLU
Technology	VSLU +22.5 points	17.4%	39.9%
Financials	CSTK +9.9 points	19.1%	9.2%
Energy	CSTK +6.9 points	9.1%	2.1%
Communication	VSLU +5.7 points	7.5%	13.3%
Industrials	CSTK +5.3 points	11.8%	6.5%
Health Care	CSTK +4.8 points	17.5%	12.7%
Consumer Discretionary	VSLU +3.2 points	6.3%	9.5%
Consumer Staples	CSTK +2.2 points	6.3%	4.1%
Utilities	CSTK +2.2 points	3.1%	0.9%
Materials	CSTK +0.8 points	1.8%	1.0%
Real Estate	VSLU +0.7 points	0.0%	0.7%

Country, concentration and asset class

Country by domicile

Country weights in CSTK and VSLU, widest gap first
Country	More in CSTKMore in VSLU	CSTK	VSLU
United States	VSLU +2.1 points	97.4%	99.5%
United Kingdom	CSTK +1.6 points	1.6%	0.0%
Germany	CSTK +1.0 points	1.0%	0.0%
Other countries (6)	VSLU +0.4 points	0.0%	0.4%

Concentration

Weight in the 10 largest Holdings

CSTK28.3%
VSLU51.4%

Securities held

CSTK60
VSLU441

Asset class

CSTK: Equity
VSLU: Equity

Holdings

Only in CSTK26
In both34
Only in VSLU407

Only in CSTK

26 securities, 41.9% of CSTK by weight

Wells Fargo & Co2.94%
Bank of America Corp2.56%
Elevance Health Inc2.42%
Johnson Controls International plc2.27%
Invesco Premier US Government Money Portfolio2.11%
Sempra2.01%
NXP Semiconductors NV1.97%
International Flavors & Fragrances Inc1.86%
Huntington Bancshares Inc/OH1.70%
FedEx Corp1.68%
Intel Corp1.66%
Synopsys Inc1.58%
American International Group Inc1.57%
AstraZeneca PLC1.55%
Clorox Co/The1.53%
Micron Technology Inc1.50%
Walt Disney Co/The1.43%
Becton Dickinson & Co1.41%
MetLife Inc1.39%
Citizens Financial Group Inc1.36%
Amazon.com Inc1.33%
Dominion Energy Inc1.17%
Starbucks Corp1.08%
Sap SE0.97%
GE HealthCare Technologies Inc0.81%
M&T Bank Corp<0.01%

Only in VSLU

407 securities, 72.8% of VSLU by weight

Apple Inc10.39%
NVIDIA Corp9.48%
Visa Inc-Class A Shares3.70%
Eli Lilly & Co3.41%
Mastercard Inc - A2.76%
Broadcom Inc.2.76%
AbbVie Inc1.10%
Lam Resh Corp0.85%
Home Depot Inc0.84%
Marriott International, Inc Class A0.83%
Sandisk Corp/De Sndkv0.75%
Kla Corporation0.70%
Amgen Inc0.68%
Hilton Worldwide0.65%
Accenture Plc-Cl A0.62%
Mcdonalds Corp0.61%
Oreilly Automotive Inc0.57%
Progressive Corp0.56%
International Business Machines Corporation0.55%
Bristol-Myers Squibb Co0.53%
Mckesson Corp0.48%
Adobe Systems Inc0.47%
American Express Co0.44%
Marsh & Mclennan Cos0.43%
Procter & Gamble Co/The0.43%
Moodys Corporation0.42%
Constellation Energy Corporation0.42%
Autozone Inc0.41%
Applied Materials Inc0.39%
Intuit Inc0.37%
Dell Technologies - Class C0.35%
Hca Healthcare Inc0.33%
T-Mobile Us Inc0.33%
Yum! Brands Inc0.33%
Union Pacific Corp0.33%
Applovin Corp0.33%
Aon plc0.33%
Altria Group Inc0.32%
Tjx Companies Inc0.32%
Pepsico Inc0.31%
General Motors Co0.31%
Western Digital Corp0.30%
Transdigm Group Inc0.29%
Pfizer Inc0.28%
Arista Networks Inc0.27%
Sherwin-Williams Co/The0.26%
Lockheed Martin Corp0.26%
Vistra Corp0.25%
RTX Corp.0.25%
Netflix Inc0.25%

Weight gaps

All 34 Holdings in both funds, largest gap first.

Holding weights in CSTK and VSLU, widest gap first
Holding	More in CSTKMore in VSLU	CSTK	VSLU
Microsoft CorpMSFT	VSLU +4.82 points	3.43%	8.25%
Chevron CorpCVX	CSTK +2.84 points	3.13%	0.29%
CVS Health CorpCVS	CSTK +2.48 points	2.50%	0.02%
Meta Platforms IncMETA	VSLU +2.39 points	1.83%	4.22%
Cisco Systems IncCSCO	CSTK +2.23 points	2.92%	0.69%
Emerson Electric CoEMR	CSTK +2.17 points	2.24%	0.07%
Philip Morris International IncPM	CSTK +2.09 points	2.90%	0.81%
ConocoPhillipsCOP	CSTK +2.08 points	2.26%	0.18%
State Street CorpSTT	CSTK +2.05 points	2.06%	0.01%
Devon Energy CorpDVN	CSTK +1.88 points	1.93%	0.05%
Eaton Corp PLCETN	CSTK +1.86 points	1.99%	0.13%
Fifth Third BancorpFITB	CSTK +1.82 points	1.83%	0.01%
Alphabet IncGOOGL	VSLU +1.76 points	3.17%	4.93%
UnitedHealth Group IncUNH	CSTK +1.73 points	1.92%	0.19%
NIKE IncNKE	CSTK +1.50 points	1.58%	0.08%
eBay IncEBAY	CSTK +1.46 points	1.55%	0.09%
Textron IncTXT	CSTK +1.40 points	1.41%	0.01%
Occidental Petroleum CorpOXY	CSTK +1.37 points	1.44%	0.07%
Cognizant Technology Solutions CorpCTSH	CSTK +1.34 points	1.43%	0.09%
Regeneron Pharmaceuticals IncREGN	CSTK +1.28 points	1.48%	0.20%
TransUnionTRU	CSTK +1.26 points	1.32%	0.06%
Caterpillar IncCAT	CSTK +1.22 points	1.58%	0.36%
Zoetis IncZTS	CSTK +1.19 points	1.33%	0.14%
Domino's Pizza IncDPZ	CSTK +1.17 points	1.27%	0.10%
Allstate Corp/TheALL	CSTK +0.97 points	1.22%	0.25%
Capital One Financial CorpCOF	CSTK +0.94 points	0.98%	0.04%
QUALCOMM IncQCOM	CSTK +0.89 points	1.24%	0.35%
Merck & Co IncMRK	CSTK +0.87 points	2.35%	1.49%
Medtronic PLCMDT	CSTK +0.81 points	0.94%	0.13%
Coca-Cola Co/TheKO	VSLU +0.57 points	<0.01%	0.57%
ExxonMobil Holdings CorpXOM	CSTK +0.43 points	1.03%	0.60%
Johnson & JohnsonJNJ	VSLU +0.31 points	1.01%	1.32%
Booking Holdings IncBKNG	VSLU +0.11 points	0.85%	0.96%
Fair Isaac CorpFICO	VSLU +0.07 points	<0.01%	0.07%

All 60 CSTK holdings⁠All VSLU holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CSTK vs VSLU Cost

Overpaying VSLU vs CSTK

$2,666

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

CSTK 0.35%
$7,126
VSLU 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

CSTK 0.35%
VSLU 0.49%
Overpaying

Year by year

Year	CSTK	VSLU	Overpaying
10	$634	$883	$249
20	$2,454	$3,394	$940
30	$7,126	$9,792	$2,666

Expense ratio

0.35%CSTK, cheaper
0.49%VSLU

CSTK0.35%VSLU0.49%

0.12%0.85%

Middle half of US Active Contrarian Value funds
Median 0.54%

CSTK 3rd cheapest of 8 funds

VSLU 4th cheapest of 8 funds

CSTK vs VSLU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): CSTK 1.79%, better; VSLU 0.42%
Payout (12M): CSTK $0.60; VSLU $0.20
Last payment: CSTK $0.12; VSLU $0.20
Ex-dividend: CSTK Sep 21, 2026; VSLU Dec 24, 2025
Paid on: CSTK Sep 25, 2026; VSLU Dec 26, 2025
Frequency: CSTK Quarterly; VSLU Annual

Distribution history

Per share, 2021 to 2026, same scale for both

CSTKQuarterly · 5 paymentsAll CSTK payments⁠

VSLUAnnual · 5 paymentsAll VSLU payments⁠

CSTK vs VSLU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CSTK 10.7%since Jun 2025VSLU 11.6%
Return per unit of riskSharpe ratio, 3 years: CSTK 1.59since Jun 2025VSLU 1.53
Worst fallMax drawdown, 5 years: CSTK −8.9%since May 2025VSLU −23.9%
Market sensitivityBeta, 5 years: CSTK 0.73VSLU 0.95; Market = 1

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