EPS vs XLG: Grades, Fees and Holdings Compared

WisdomTree U.S. LargeCap Fund

EPSANYSE Arca

Invesco S&P 500 Top 50 ETF

XLGBNYSE Arca

Overlap

57.5%by weight

Expense ratio

EPS −0.12pt a year

EPS0.08%XLG0.20%

Avg volume · 30D

XLG 22.9×the volume

EPS51KXLG1.17M

10Y return · a year

XLG +2.1pt

EPS+14.6%XLG+16.7%

EPS vs XLG Performance

Oct 29, 2021 – Oct 30, 2026

+75.9%EPS+80.1%XLG

Expense ratio: EPS 0.08%, better; XLG 0.20%
Fund size: EPS $1.63B; XLG $11.5B
1Y total return: EPS +14.0%, better; XLG +3.3%
Yield (12M): EPS 1.13%, better; XLG 0.64%
Holdings: EPS 506; XLG 53
Avg volume (30D): EPS 51K sh; XLG 1.17M sh, better
NAV per share: EPS $78.98; XLG $61.47
52W range

ETF.net Grade

Pillar letters and Scores for EPS, XLG, with each pillar’s weight
Pillar	EPS	XLG
Cost30% weight	A82Higher	C50
Mission25% weight	A100Higher	A86
Risk15% weight	B63Higher	D25
Tradability15% weight	A84	A95Higher
Holdings10% weight	B56Higher	D27
Durability5% weight	A73	A87Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. EPS and XLG 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 XLG 14th 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 12BSPXVProShares S&P 500 Ex-Health Care ETFScore 63
Rank 14BXLGInvesco S&P 500 Top 50 ETFScore 61
Rank 14BXMAGLarge Cap Ex-Mag 7 ETFScore 61

Our read on each fund

ETF.net Research

EPSAWisdomTree U.S. LargeCap Fund

XLGBInvesco S&P 500 Top 50 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.

XLG The S&P 500's top shelf, bottled on its own. About 50 of the largest US companies, weighted by size, tracked since 2005. The same giants a total-market fund owns, without the several hundred smaller names riding behind them.

Stated mandate

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

XLG The fund seeks to track the performance of the S&P 500 Top 50 Index by investing at least 90% of assets in securities included in that index.

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.

XLG Concentration on purpose: it holds the 50 largest S&P 500 companies by float-adjusted market cap, weighted the same way, so the biggest names carry the most weight.yahoo.com
A two-decade track record (live since 2005) with index tracking that stays close to the benchmark and an actively traded market in the shares.
A lineup you can actually read: roughly 50 holdings, all household names, with cash paid out to shareholders 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.

XLG At 0.20% a year it costs more than the typical large-cap index fund in its group, where rivals like SCHX and VV charge 0.03%.
Non-diversified by SEC definition. With about 50 stocks, one giant or one sector stumbling moves this fund more than it moves a 500-stock index.yahoo.com
It is the S&P 500 minus its smaller half, so next to a broad US fund it concentrates exposure you likely already hold rather than adding a new corner of the market.

Full EPS profile⁠

Full XLG profile⁠

EPS vs XLG Holdings

How EPS and XLG differ

Overlap by weight

57.5%

Shared holdings make up 94.3% of XLG and 58.9% of EPS.

Level by level

Holdings49 in both57.5%
Sector11 Sectors83.3%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in EPS and XLG, widest gap first
Sector	More in EPSMore in XLG	EPS	XLG
Technology	XLG +14.3 points	37.1%	51.4%
Financials	EPS +5.5 points	14.8%	9.3%
Health Care	EPS +3.8 points	10.2%	6.4%
Industrials	EPS +2.5 points	4.8%	2.3%
Energy	EPS +1.7 points	4.2%	2.5%
Utilities	EPS +1.6 points	1.6%	0.0%
Communication	XLG +1.3 points	12.2%	13.5%
Consumer Staples	XLG +1.0 points	3.8%	4.8%
Real Estate	EPS +0.7 points	0.7%	0.0%
Materials	EPS +0.7 points	1.2%	0.5%
Consumer Discretionary	EPS +0.3 points	9.5%	9.2%

Country, concentration and asset class

Country by domicile

Country weights in EPS and XLG, widest gap first
Country	More in EPSMore in XLG	EPS	XLG
United States	XLG +0.8 points	99.2%	100.0%
Other countries (5)	EPS +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

EPS38.3%
XLG59.4%

Securities held

EPS504
XLG52

Asset class

EPS: Equity
XLG: Equity

Holdings

Only in EPS455
In both49
Only in XLG3

Only in EPS

455 securities, 40.9% of EPS by weight

Berkshire Hathaway Inc1.81%
Pfizer Inc0.74%
Dell Technologies -C0.65%
Bristol-Myers Squibb Co0.54%
Amgen Inc0.54%
Citigroup Inc0.52%
ConocoPhillips0.48%
Gilead Sciences Inc0.46%
AT&T Inc0.43%
Altria Group Inc0.40%
Uber Technologies Inc0.40%
Chubb Ltd0.38%
Walt Disney Co/The0.38%
Salesforce Inc0.38%
Comcast Corp0.38%
General Motors Co0.36%
CVS Health Corp0.34%
Progressive Corp/The0.34%
RTX Corp0.32%
Thermo Fisher Scientific Inc0.32%
Hewlett Packard Enterprise Co0.32%
Allstate Corp/The0.31%
T-Mobile US Inc0.30%
Union Pacific Corp0.29%
Seagate Technology Holdings0.29%
Western Digital Corp0.29%
American Express Co0.29%
Capital One Financial Corp0.28%
EOG Resources Inc0.28%
Cigna Corp0.27%
Analog Devices Inc0.27%
Adobe Inc0.27%
Travelers Cos Inc/The0.26%
BlackRock Inc0.26%
US Bancorp0.25%
Palo Alto Networks Inc0.25%
Charles Schwab Corp/The0.25%
Nextera Energy0.25%
Newmont Mining Corp0.24%
MetLife Inc0.24%
Medtronic Inc0.23%
Marvell Technology Inc0.23%
Abbott Laboratories0.22%
Arista Networks Inc0.22%
PNC Financial Services Group Inc0.22%
United Parcel Service Inc0.22%
Regeneron Pharmaceuticals Inc0.20%
HCA Healthcare Inc0.20%
Amphenol Corp0.20%
Bank of New York Mellon Corp0.20%

Only in XLG

3 securities, 5.6% of XLG by weight

Alphabet Inc3.21%
Berkshire Hathaway Inc2.41%
Invesco Government & Agency Portfolio0.02%

Weight gaps

All 49 Holdings in both funds, largest gap first.

Holding weights in EPS and XLG, widest gap first
Holding	More in EPSMore in XLG	EPS	XLG
Apple IncAAPL	XLG +6.21 points	5.96%	12.17%
Nvidia CorpNVDA	XLG +5.22 points	7.14%	12.36%
Microsoft CorpMSFT	XLG +4.72 points	4.69%	9.41%
Broadcom IncAVGO	XLG +2.60 points	1.32%	3.92%
Tesla IncTSLA	XLG +2.07 points	0.65%	2.72%
Advanced Micro DevicesAMD	XLG +1.61 points	0.60%	2.21%
Eli Lilly & CoLLY	XLG +1.44 points	1.19%	2.63%
Micron Technology IncMU	XLG +1.12 points	1.40%	2.52%
Intel CorpINTC	XLG +0.93 points	0.16%	1.09%
Palantir Technologies Inc-APLTR	XLG +0.87 points	0.21%	1.08%
Google IncGOOGL	EPS +0.80 points	4.78%	3.98%
Costco Wholesale CorpCOST	XLG +0.77 points	0.29%	1.06%
Visa IncV	XLG +0.71 points	0.96%	1.67%
Mastercard IncMA	XLG +0.66 points	0.57%	1.23%
General Electric CoGE	XLG +0.56 points	0.22%	0.78%
Walmart IncWMT	XLG +0.54 points	0.75%	1.29%
AbbVie IncABBV	XLG +0.51 points	0.72%	1.23%
GE Vernova IncGEV	XLG +0.46 points	0.11%	0.57%
NetFlix IncNFLX	XLG +0.42 points	0.20%	0.62%
Caterpillar IncCAT	XLG +0.40 points	0.31%	0.71%
Lam Research CorpLRCX	XLG +0.39 points	0.37%	0.76%
Chevron CorpCVX	XLG +0.34 points	0.75%	1.09%
Applied Materials IncAMAT	XLG +0.35 points	0.45%	0.80%
Texas Instruments IncTXN	XLG +0.32 points	0.36%	0.68%
Home Depot IncHD	XLG +0.31 points	0.47%	0.78%
Verizon Communications IncVZ	EPS +0.31 points	0.74%	0.43%
Procter & Gamble Co/ThePG	XLG +0.28 points	0.61%	0.89%
Coca-Cola Co/TheKO	XLG +0.29 points	0.57%	0.86%
Johnson & JohnsonJNJ	XLG +0.26 points	1.32%	1.58%
KLA CorpKLAC	XLG +0.25 points	0.27%	0.52%
Philip Morris International IncPM	XLG +0.26 points	0.52%	0.78%
Linde PlcLIN	XLG +0.23 points	0.32%	0.55%
Cisco Systems IncCSCO	XLG +0.23 points	0.79%	1.02%
International Business Machines CorpIBM	XLG +0.23 points	0.35%	0.58%
Merck & Co Inc/NJMRK	EPS +0.22 points	1.08%	0.86%
McDonalds CorpMCD	XLG +0.21 points	0.23%	0.44%
Meta PlatformsInc. Cl AMETA	XLG +0.19 points	3.10%	3.29%
Exxonmobil Holdings CorpXOM	XLG +0.17 points	1.63%	1.80%
Oracle CorpORCL	XLG +0.16 points	0.42%	0.58%
Sandisk Corp-W/ISNDK	XLG +0.11 points	0.35%	0.46%
PepsiCo Inc/NCPEP	XLG +0.11 points	0.33%	0.44%
UnitedHealth Group IncUNH	XLG +0.10 points	0.78%	0.88%
Bank of America CorpBAC	EPS +0.09 points	0.89%	0.80%
JPMorgan Chase & CoJPM	XLG +0.08 points	2.10%	2.18%
Amazon.com IncAMZN	XLG +0.07 points	5.65%	5.72%
Goldman Sachs Group IncGS	XLG +0.07 points	0.57%	0.64%
Wells Fargo & CoWFC	EPS +0.03 points	0.64%	0.61%
Morgan StanleyMS	EPS +0.01 points	0.55%	0.54%
Qualcomm IncQCOM	EPS +0.01 points	0.48%	0.47%

All 503 EPS holdings⁠All 52 XLG 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 XLG Cost

Overpaying XLG vs EPS

$2,466

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

EPS 0.08%
$1,689
XLG 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

EPS 0.08%
XLG 0.20%
Overpaying

Year by year

Year	EPS	XLG	Overpaying
10	$147	$365	$218
20	$575	$1,421	$846
30	$1,689	$4,155	$2,466

Expense ratio

0.08%EPS, cheaper
0.20%XLG

EPS0.08%XLG0.20%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

EPS 6th cheapest of 29 funds

XLG 15th cheapest of 29 funds

EPS vs XLG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EPS 1.13%, better; XLG 0.64%
Payout (12M): EPS $0.90; XLG $0.40
Last payment: EPS $0.23; XLG $0.09
Ex-dividend: EPS Sep 25, 2026; XLG Sep 21, 2026
Paid on: EPS Sep 29, 2026; XLG Sep 25, 2026
Frequency: EPS Quarterly; XLG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EPSQuarterly · 39 paymentsAll EPS payments⁠

XLGQuarterly · 39 paymentsAll XLG payments⁠

EPS vs XLG Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: EPS 11.8%, betterXLG 14.5%
Return per unit of riskSharpe ratio, 3 years: EPS 1.43, betterXLG 1.23
Worst fallMax drawdown, 5 years: EPS −23.6%, betterXLG −28.0%
Market sensitivityBeta, 5 years: EPS 0.96XLG 1.06; Market = 1

EPS and XLG in the news

All news⁠

Category Review
Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.
Updated Oct 16, 2026XLG

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EPS vs XLG

In short

Stated mandate

Why people hold it

Worth knowing

How EPS and XLG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EPS

Only in XLG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.

How EPS and XLG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EPS

Only in XLG

Weight gaps