EPS vs IWL: Grades, Fees and Holdings Compared

WisdomTree U.S. LargeCap Fund

EPSANYSE Arca

iShares Russell Top 200 ETF

IWLANYSE Arca

Overlap

70.0%by weight

Expense ratio

EPS −0.07pt a year

EPS0.08%IWL0.15%

Avg volume · 30D

EPS 1.1×the volume

EPS51KIWL45.6K

10Y return · a year

IWL +1.6pt

EPS+14.6%IWL+16.2%

EPS vs IWL Performance

Oct 29, 2021 – Oct 30, 2026

+75.9%EPS+79.8%IWL

Expense ratio: EPS 0.08%, better; IWL 0.15%
Fund size: EPS $1.63B; IWL $2.21B
1Y total return: EPS +14.0%, better; IWL +10.5%
Yield (12M): EPS 1.13%, better; IWL 0.85%
Holdings: EPS 506; IWL 204
Avg volume (30D): EPS 51K sh, better; IWL 45.6K sh
NAV per share: EPS $78.98; IWL $187.08
52W range

ETF.net Grade

Pillar letters and Scores for EPS, IWL, with each pillar’s weight
Pillar	EPS	IWL
Cost30% weight	A82Higher	B63
Mission25% weight	A100	A100
Risk15% weight	B63Higher	D38
Tradability15% weight	A84Higher	A81
Holdings10% weight	B56Higher	D34
Durability5% weight	A73	A82Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. EPS and IWL are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

EPS ranks 3rd and IWL 7th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 80
Rank 4AVVVanguard Morningstar Large-Cap ETFScore 78
Rank 5AVONEVanguard Russell 1000 ETFScore 77
Rank 7AIWLiShares Russell Top 200 ETFScore 69
Rank 8BHDUSHartford Disciplined US Equity ETFScore 67

Our read on each fund

ETF.net Research

EPSAWisdomTree U.S. LargeCap Fund

IWLAiShares Russell Top 200 ETF

In short

EPS Large-cap core with a profit filter. Roughly 500 U.S. companies, all of them earnings generators, tracked since 2007 for 0.08% a year. Same plumbing as a plain index fund, with a screen most of them skip.

IWL Most broad U.S. large-cap funds hold many hundreds of stocks. IWL tracks the Russell Top 200, about 200 names, so the market's biggest companies do the heavy lifting. Narrower lens, standard iShares plumbing.

Stated mandate

EPS The fund seeks to track earnings-generating large-cap companies in the U.S. equity market.

IWL The fund seeks to track the Russell Top 200 Index and provide broad exposure to U.S. large-cap stocks.

Why people hold it

EPS The screen is the whole point: the index holds large U.S. companies that actually generate earnings, so unprofitable names do not ride in on market cap alone.wisdomtree.com
0.08% a year, under the median for its large-cap peer group, and it still spreads across roughly 500 stocks.
Running since 2007 and now a multi-billion-dollar fund, it has tracked its index tightly and ranks in the top quartile of its large-cap cohort.
Pays out quarterly, the standard cadence for a core equity holding.

IWL About 200 holdings rather than a full large-cap sweep, so the market's largest companies carry real weight instead of being diluted by hundreds of smaller names.ishares.com
Hugs the Russell Top 200 Index closely. Index-following is among the tightest in its large-cap peer group.
Running since 2009 under BlackRock's iShares roof, a multi-billion-dollar fund that pays quarterly.

Worth knowing

EPS It trades thinly for the category, so bid-ask spreads can run wider than the heavily traded core names in the group.
Cheaper shelf-mates exist: SCHX and VV charge 0.03%, BKLC charges nothing. The earnings screen is what the extra basis points buy.
Screening on earnings means the portfolio can look different from a plain cap-weighted large-cap index, and its results will drift from that benchmark in both directions.

IWL 0.15% a year is above the large-cap norm. SCHX and VV run 0.03%, so the mega-cap slice costs extra.
Thinly traded next to the household-name large-cap funds, which can mean wider spreads at the moment you trade.
Stopping at the top tier leaves out the mid and smaller companies that Russell 1000 trackers like VONE include.

Full EPS profile⁠

Full IWL profile⁠

EPS vs IWL Holdings

How EPS and IWL differ

Overlap by weight

70.0%

Shared holdings make up 91.4% of IWL and 81.7% of EPS.

Level by level

Holdings171 in both70.0%
Sector11 Sectors92.1%
Asset classEquity100%
Countryby domicile99.5%

Sector

Sector weights in EPS and IWL, widest gap first
Sector	More in EPSMore in IWL	EPS	IWL
Technology	IWL +4.4 points	37.1%	41.5%
Financials	EPS +2.9 points	14.8%	11.9%
Communication	EPS +2.5 points	12.2%	9.7%
Industrials	IWL +2.4 points	4.8%	7.2%
Energy	EPS +1.2 points	4.2%	3.0%
Consumer Staples	IWL +0.8 points	3.8%	4.6%
Health Care	EPS +0.6 points	10.2%	9.6%
Utilities	EPS +0.5 points	1.6%	1.1%
Consumer Discretionary	EPS +0.4 points	9.5%	9.1%
Real Estate	IWL +0.2 points	0.7%	0.9%
Materials	IWL +0.1 points	1.2%	1.3%

Country, concentration and asset class

Country by domicile

Country weights in EPS and IWL, widest gap first
Country	More in EPSMore in IWL	EPS	IWL
United States	IWL +0.5 points	99.2%	99.7%
Switzerland	EPS +0.2 points	0.4%	0.2%
China	EPS +0.1 points	0.1%	0.0%
Mexico	EPS +0.1 points	0.1%	0.0%
Brazil	Same weight	0.1%	0.1%
Canada	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

EPS38.3%
IWL42.9%

Securities held

EPS504
IWL201

Asset class

EPS: Equity
IWL: Equity

Holdings

Only in EPS333
In both171
Only in IWL30

Only in EPS

333 securities, 18.1% of EPS by weight

Berkshire Hathaway Inc1.81%
Hewlett Packard Enterprise Co0.32%
Allstate Corp/The0.31%
Seagate Technology Holdings0.29%
Bank of New York Mellon Corp0.20%
Cheniere Energy Inc0.18%
NXP Semiconductors NV0.17%
Diamondback Energy Inc0.17%
Prudential Financial Inc0.17%
NetApp Inc0.17%
Ford Motor Co0.16%
Devon Energy Corp0.16%
priceline.com Inc0.16%
Marathon Petroleum Corp0.16%
Lumentum Holdings Inc0.15%
Okta Inc0.15%
Delta Air Lines Inc0.14%
PayPal Holdings Inc0.14%
Royal Caribbean Cruises Ltd0.14%
Marsh & Mclennan Cos0.14%
Keysight Technologies Inc0.13%
Te Connectivity PLC0.13%
Becton Dickinson and Co0.13%
Flex Ltd0.13%
State Street Corp0.12%
American IntL Group Inc0.12%
Pure Storage Inc - Class A0.12%
Ameriprise Financial Inc0.12%
Workday Inc0.12%
Zoom Video Communications-A0.12%
United Rentals Inc0.12%
Twilio Inc - A0.11%
Arch Capital Group Ltd0.11%
Occidental Petroleum Corp0.11%
eBay Inc0.11%
Fiserv Inc0.11%
Autodesk Inc0.11%
Synchrony Financial0.11%
Datadog Inc - Class A0.11%
ON Semiconductor Corp0.11%
Hartford Financial Services Grp0.10%
Jabil Inc0.10%
Cognizant Technology Solutions0.10%
United Continental Holdings0.10%
Teledyne Technologies Inc0.10%
PTC Inc0.10%
Kinder Morgan Inc/DE0.10%
Astera Labs Inc0.09%
Atlassian Corp -Class A0.09%
Biogen Idec Inc0.09%

Only in IWL

30 securities, 8.4% of IWL by weight

Alphabet Class C2.35%
Berkshire Hathaway Inc Class B1.80%
Welltower0.30%
Deere0.30%
Accenture PLC Class A0.28%
Boeing0.23%
Lockheed Martin0.23%
Starbucks Corp0.21%
Booking Holdings0.20%
Bank of New York Mellon Corp0.18%
Marsh0.17%
Spotify Technology0.17%
Elevance Health Inc0.16%
Synopsys0.15%
Waste Management Inc0.15%
Mondelez International Class A0.15%
Space Exploration Technologies Cor0.15%
Motorola Solutions Inc0.14%
Norfolk Southern Corp0.14%
Arthur J Gallagher0.13%
Target Corp0.12%
Air Products and Chemicals0.12%
Monster Beverage0.12%
Crh Public Limited PLC0.11%
Strategy Inc Class A0.08%
Nike Class B0.08%
Carrier Global0.07%
Nu Holdings Class A0.07%
Brookfield Asset Management Voting0.03%
Southern Copper Corp0.03%

Weight gaps

The 100 widest of 171 Holdings in both funds.

Holding weights in EPS and IWL, widest gap first
Holding	More in EPSMore in IWL	EPS	IWL
Apple IncAAPL	IWL +2.91 points	5.96%	8.87%
Microsoft CorpMSFT	IWL +2.21 points	4.69%	6.90%
Google IncGOOGL	EPS +1.88 points	4.78%	2.90%
Amazon.com IncAMZN	EPS +1.50 points	5.65%	4.15%
Tesla IncTSLA	IWL +1.43 points	0.65%	2.08%
Broadcom IncAVGO	IWL +1.38 points	1.32%	2.70%
Nvidia CorpNVDA	IWL +1.36 points	7.14%	8.50%
Advanced Micro DevicesAMD	IWL +0.86 points	0.60%	1.46%
Eli Lilly & CoLLY	IWL +0.82 points	1.19%	2.01%
Meta PlatformsInc. Cl AMETA	EPS +0.69 points	3.10%	2.41%
Palantir Technologies Inc-APLTR	IWL +0.52 points	0.21%	0.73%
Costco Wholesale CorpCOST	IWL +0.51 points	0.29%	0.80%
JPMorgan Chase & CoJPM	EPS +0.50 points	2.10%	1.60%
Pfizer IncPFE	EPS +0.43 points	0.74%	0.31%
Dell Technologies -CDELL	EPS +0.42 points	0.65%	0.23%
Merck & Co Inc/NJMRK	EPS +0.42 points	1.08%	0.66%
Verizon Communications IncVZ	EPS +0.41 points	0.74%	0.33%
Micron Technology IncMU	IWL +0.38 points	1.40%	1.78%
Intel CorpINTC	IWL +0.37 points	0.16%	0.53%
Mastercard IncMA	IWL +0.35 points	0.57%	0.92%
General Electric CoGE	IWL +0.33 points	0.22%	0.55%
Bristol-Myers Squibb CoBMY	EPS +0.31 points	0.54%	0.23%
Bank of America CorpBAC	EPS +0.31 points	0.89%	0.58%
Crowdstrike Holdings Inc - ACRWD	IWL +0.30 points	0.15%	0.45%
GE Vernova IncGEV	IWL +0.30 points	0.11%	0.41%
Visa IncV	IWL +0.29 points	0.96%	1.25%
Palo Alto Networks IncPANW	IWL +0.28 points	0.25%	0.53%
Exxonmobil Holdings CorpXOM	EPS +0.26 points	1.63%	1.37%
NetFlix IncNFLX	IWL +0.26 points	0.20%	0.46%
Comcast CorpCMCSA	EPS +0.23 points	0.38%	0.15%
General Motors CoGM	EPS +0.22 points	0.36%	0.14%
Walmart IncWMT	IWL +0.22 points	0.75%	0.97%
AbbVie IncABBV	IWL +0.21 points	0.72%	0.93%
Intuitive Surgical IncISRG	IWL +0.19 points	0.08%	0.27%
Caterpillar IncCAT	IWL +0.19 points	0.31%	0.50%
Wells Fargo & CoWFC	EPS +0.19 points	0.64%	0.45%
Morgan StanleyMS	EPS +0.18 points	0.55%	0.37%
AT&T IncT	EPS +0.18 points	0.43%	0.25%
Uber Technologies IncUBER	EPS +0.17 points	0.40%	0.23%
Qualcomm IncQCOM	EPS +0.17 points	0.48%	0.31%
Altria Group IncMO	EPS +0.17 points	0.40%	0.23%
T-Mobile US IncTMUS	EPS +0.16 points	0.30%	0.14%
Lam Research CorpLRCX	IWL +0.16 points	0.37%	0.53%
Chubb LtdCB	EPS +0.15 points	0.38%	0.23%
RTX CorpRTX	IWL +0.16 points	0.32%	0.48%
Citigroup IncC	EPS +0.15 points	0.52%	0.37%
Johnson & JohnsonJNJ	EPS +0.15 points	1.32%	1.17%
Amphenol CorpAPH	IWL +0.15 points	0.20%	0.35%
ConocoPhillipsCOP	EPS +0.15 points	0.48%	0.33%
MetLife IncMET	EPS +0.14 points	0.24%	0.10%
Thermo Fisher Scientific IncTMO	IWL +0.14 points	0.32%	0.46%
Cigna CorpCI	EPS +0.13 points	0.27%	0.14%
CVS Health CorpCVS	EPS +0.13 points	0.34%	0.21%
TJX Cos IncTJX	IWL +0.13 points	0.15%	0.28%
Texas Instruments IncTXN	IWL +0.13 points	0.36%	0.49%
UnitedHealth Group IncUNH	EPS +0.13 points	0.78%	0.65%
Equinix IncEQIX	IWL +0.12 points	0.06%	0.18%
EOG Resources IncEOG	EPS +0.12 points	0.28%	0.16%
ProLogis IncPLD	IWL +0.12 points	0.10%	0.22%
Travelers Cos Inc/TheTRV	EPS +0.11 points	0.26%	0.15%
Goldman Sachs Group IncGS	EPS +0.11 points	0.57%	0.46%
Home Depot IncHD	IWL +0.11 points	0.47%	0.58%
Vertiv Holdings CoVRT	IWL +0.11 points	0.05%	0.16%
Eaton CorpETN	IWL +0.11 points	0.15%	0.26%
Quanta Services IncPWR	IWL +0.10 points	0.06%	0.16%
Linde PlcLIN	IWL +0.10 points	0.32%	0.42%
Abbott LaboratoriesABT	IWL +0.11 points	0.22%	0.33%
KLA CorpKLAC	IWL +0.10 points	0.27%	0.37%
Applied Materials IncAMAT	IWL +0.10 points	0.45%	0.55%
Howmet Aerospace IncHWM	IWL +0.09 points	0.05%	0.14%
Progressive Corp/ThePGR	EPS +0.10 points	0.34%	0.24%
McDonalds CorpMCD	IWL +0.10 points	0.23%	0.33%
Adobe IncADBE	EPS +0.09 points	0.27%	0.18%
Arista Networks IncANET	IWL +0.09 points	0.22%	0.31%
Analog Devices IncADI	IWL +0.09 points	0.27%	0.36%
S&P Global IncSPGI	IWL +0.09 points	0.16%	0.25%
Amgen IncAMGN	EPS +0.09 points	0.54%	0.45%
US BancorpUSB	EPS +0.09 points	0.25%	0.16%
Constellation EnergyCEG	IWL +0.09 points	0.06%	0.15%
Vertex Pharmaceuticals IncVRTX	IWL +0.08 points	0.17%	0.25%
Doordash Inc - ADASH	IWL +0.08 points	0.04%	0.12%
Gilead Sciences IncGILD	EPS +0.08 points	0.46%	0.38%
Parker Hannifin CorpPH	IWL +0.08 points	0.12%	0.20%
International Business Machines CorpIBM	IWL +0.08 points	0.35%	0.43%
ServiceNow IncNOW	IWL +0.08 points	0.11%	0.19%
Automatic Data Processing IncADP	IWL +0.08 points	0.13%	0.21%
Trane Technologies PlcTT	IWL +0.08 points	0.08%	0.16%
HCA Healthcare IncHCA	EPS +0.08 points	0.20%	0.12%
Marvell Technology IncMRVL	IWL +0.08 points	0.23%	0.31%
Williams Cos Inc/TheWMB	IWL +0.07 points	0.09%	0.16%
Bloom Energy Corp- ABE	IWL +0.08 points	0.02%	0.10%
Coca-Cola Co/TheKO	IWL +0.08 points	0.57%	0.65%
Danaher CorpDHR	IWL +0.07 points	0.19%	0.26%
United Parcel Service IncUPS	EPS +0.08 points	0.22%	0.14%
Freeport-McMoRan IncFCX	IWL +0.07 points	0.09%	0.16%
Hilton Worldwide Holdings IncHLT	IWL +0.07 points	0.07%	0.14%
Ecolab IncECL	IWL +0.07 points	0.06%	0.13%
Johnson Controls InternationalJCI	IWL +0.07 points	0.09%	0.16%
Blackstone IncBX	IWL +0.07 points	0.09%	0.16%
American Tower CorpAMT	IWL +0.07 points	0.09%	0.16%

All 503 EPS holdings⁠All 201 IWL 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.

EPS vs IWL Cost

Overpaying IWL vs EPS

$1,448

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

EPS 0.08%
$1,689
IWL 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

EPS 0.08%
IWL 0.15%
Overpaying

Year by year

Year	EPS	IWL	Overpaying
10	$147	$274	$127
20	$575	$1,071	$496
30	$1,689	$3,137	$1,448

Expense ratio

0.08%EPS, cheaper
0.15%IWL

EPS0.08%IWL0.15%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

EPS 6th cheapest of 29 funds

IWL 11th cheapest of 29 funds

EPS vs IWL Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EPS 1.13%, better; IWL 0.85%
Payout (12M): EPS $0.90; IWL $1.60
Last payment: EPS $0.23; IWL $0.42
Ex-dividend: EPS Sep 25, 2026; IWL Sep 15, 2026
Paid on: EPS Sep 29, 2026; IWL Sep 18, 2026
Frequency: EPS Quarterly; IWL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EPSQuarterly · 39 paymentsAll EPS payments⁠

IWLQuarterly · 39 paymentsAll IWL payments⁠

EPS vs IWL Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: EPS 11.8%, betterIWL 12.8%
Return per unit of riskSharpe ratio, 3 years: EPS 1.43, betterIWL 1.40
Worst fallMax drawdown, 5 years: EPS −23.6%, betterIWL −25.6%
Market sensitivityBeta, 5 years: EPS 0.96IWL 1.02; Market = 1

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