PBUS vs WDAI: Grades, Fees and Holdings Compared

Invesco MSCI USA ETF

PBUSACboe

Pacer S&P World 3AI Top 300 ETF

WDAIDCboe

Overlap

4.9%by weight

Expense ratio

PBUS −0.56pt a year

PBUS0.04%WDAI0.60%

Avg volume · 30D

PBUS 1210.1×the volume

PBUS433KWDAI358

PBUS vs WDAI Performance

Jul 31, 2026 – Oct 30, 2026

+1.3%PBUS+3.0%WDAI

Expense ratio: PBUS 0.04%, better; WDAI 0.60%
Fund size: PBUS $10.5B; WDAI $1M
1Y total return: PBUS +11.5%; WDAI No data
Yield (12M): PBUS 1.02%; WDAI No data
Holdings: PBUS 517; WDAI 308
Avg volume (30D): PBUS 433K sh, better; WDAI 358 sh
NAV per share: PBUS $75.71; WDAI $28.45
52W range

ETF.net Grade

Pillar letters and Scores for PBUS, WDAI, with each pillar’s weight
Pillar	PBUS	WDAI
Cost30% weight	A98Higher	F20
Mission25% weight	A100	Not scored
Risk15% weight	B63	A76Higher
Tradability15% weight	A86Higher	F12
Holdings10% weight	C50	A80Higher
Durability5% weight	A74Higher	F9

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. PBUS and WDAI are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

PBUS ranks 3rd and WDAI 33rd of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 3APBUSInvesco MSCI USA ETFScore 85
Rank 4AVOOVVanguard S&P 500 Value ETFScore 79
Rank 33DGLBLPacer MSCI World Industry AdvanScore 36
Rank 33DWDAIPacer S&P World 3AI Top 300 ETFScore 36
Rank 35DFCFYFirst Trust S&P 500 Diversified Free Cash Flow ETFScore 35

Our read on each fund

ETF.net Research

PBUSAInvesco MSCI USA ETF

WDAIDPacer S&P World 3AI Top 300 ETF

In short

PBUS Roughly 500 US stocks for 0.04% a year, benchmarked to the MSCI USA Index instead of the S&P 500. Invesco's rules-based core holding, running since 2017.

WDAI No data

Stated mandate

PBUS The Fund tracks the MSCI USA Index and commits at least 90% of its assets to securities included in that index.

WDAI No data

Why people hold it

PBUS 0.04% a year sits at the floor of its peer group, matching SPYV and a hair above SCHK's 0.03%.invesco.com
Returns have hugged the MSCI USA Index about as tightly as anything in its cohort, so index-level exposure arrives with very little slippage.
A multi-billion-dollar fund trading since 2017, with a real market cycle behind it rather than a launch-window track record.
Roughly 500 names and quarterly distributions: a plain broad-market wrapper with no options overlay, no leverage, no sector tilt bolted on.

WDAI No data

Worth knowing

PBUS MSCI USA is not the S&P 500. Holdings and results drift from an S&P-benchmarked portfolio, which matters if that is the yardstick you track against.invesco.com
The mandate commits at least 90% of assets to index securities, which leaves a slice of room outside the benchmark.
Moderately traded rather than one of the tape's busiest tickers, so spreads deserve a glance and limit orders earn their keep.

WDAI No data

Full PBUS profile⁠

Full WDAI profile⁠

PBUS vs WDAI Holdings

As of Oct 23, 2026

How PBUS and WDAI differ

Overlap by weight

4.9%

Shared holdings make up 12.5% of WDAI and 5.8% of PBUS.

Level by level

Holdings34 in both4.9%
Countryby domicile15.5%
Sector11 Sectors46.2%
Asset classEquity100%

Sector

Sector weights in PBUS and WDAI, widest gap first
Sector	More in PBUSMore in WDAI	PBUS	WDAI
Technology	PBUS +36.7 points	40.2%	3.5%
Financials	WDAI +25.1 points	11.0%	36.1%
Energy	WDAI +11.7 points	3.5%	15.2%
Materials	WDAI +9.3 points	1.6%	10.9%
Communication	PBUS +8.1 points	9.9%	1.8%
Industrials	WDAI +5.6 points	7.9%	13.5%
Health Care	PBUS +4.7 points	9.3%	4.6%
Consumer Discretionary	PBUS +3.5 points	8.8%	5.3%
Consumer Staples	WDAI +1.7 points	4.3%	6.0%
Real Estate	PBUS +0.6 points	1.6%	1.0%
Utilities	WDAI +0.4 points	1.8%	2.2%

Country, concentration and asset class

Country by domicile

Country weights in PBUS and WDAI, widest gap first
Country	More in PBUSMore in WDAI	PBUS	WDAI
United States	PBUS +84.3 points	99.2%	14.9%
Japan	WDAI +17.0 points	0.0%	17.0%
Canada	WDAI +11.6 points	0.1%	11.7%
United Kingdom	WDAI +6.3 points	0.1%	6.4%
Norway	WDAI +5.5 points	0.0%	5.5%
Israel	WDAI +5.2 points	0.0%	5.2%
Australia	WDAI +5.2 points	0.0%	5.2%
Switzerland	WDAI +3.6 points	0.3%	3.9%
Other countries (18)	WDAI +29.9 points	0.3%	30.2%

Outside the US: WDAI 90% developed, 10% emerging.

Concentration

Weight in the 10 largest Holdings

PBUS36.6%
WDAI6.2%

Securities held

PBUS515
WDAI304

Asset class

PBUS: Equity
WDAI: Equity

Holdings

Only in PBUS481
In both34
Only in WDAI270

Only in PBUS

481 securities, 94.2% of PBUS by weight

Apple Inc7.71%
NVIDIA Corp7.39%
Microsoft Corp5.63%
Amazon.com Inc3.55%
Alphabet Inc2.51%
Broadcom Inc2.35%
Meta Platforms Inc2.06%
Alphabet Inc1.99%
Tesla Inc1.74%
Eli Lilly & Co1.65%
Micron Technology Inc1.59%
Advanced Micro Devices Inc1.39%
JPMorgan Chase & Co1.37%
Berkshire Hathaway Inc1.15%
Visa Inc1.02%
Johnson & Johnson1.00%
Walmart Inc0.80%
Mastercard Inc0.77%
AbbVie Inc0.77%
Costco Wholesale Corp0.67%
Palantir Technologies Inc0.64%
Cisco Systems Inc0.64%
Chevron Corp0.64%
Intel Corp0.61%
Procter & Gamble Co/The0.56%
UnitedHealth Group Inc0.56%
Merck & Co Inc0.54%
Coca-Cola Co/The0.54%
Applied Materials Inc0.50%
Bank of America Corp0.50%
Home Depot Inc/The0.49%
Philip Morris International Inc0.49%
General Electric Co0.49%
Lam Research Corp0.48%
Palo Alto Networks Inc0.47%
Caterpillar Inc0.45%
Texas Instruments Inc0.43%
Goldman Sachs Group Inc/The0.41%
RTX Corp0.40%
Thermo Fisher Scientific Inc0.40%
Netflix Inc0.39%
Wells Fargo & Co0.39%
Amgen Inc0.37%
International Business Machines Corp0.36%
Oracle Corp0.36%
GE Vernova Inc0.36%
Morgan Stanley0.34%
KLA Corp0.33%
Citigroup Inc0.32%
Analog Devices Inc0.32%

Only in WDAI

270 securities, 87.2% of WDAI by weight

HELLENiQ ENERGY Holdings SA0.72%
Nice Ltd0.70%
Motor Oil Hellas Corinth Refineries SA0.64%
Frontline PLC0.62%
Ageas SA/NV0.59%
AIB Group PLC0.58%
Repsol SA0.57%
Vienna Insurance Group AG Wiener Versicherung Gruppe0.57%
Cathay Pacific Airways Ltd0.56%
NN Group NV0.56%
Manulife Financial Corp0.56%
Imperial Oil Ltd0.55%
Suncor Energy Inc0.55%
iA Financial Corp Inc0.54%
Whitecap Resources Inc0.53%
Hafnia Ltd0.53%
Great-West Lifeco Inc0.52%
Var Energi ASA0.50%
Tesco PLC0.50%
Sun Life Financial Inc0.49%
Wallenius Wilhelmsen ASA0.49%
Talanx AG0.49%
Star Bulk Carriers Corp0.47%
Vodafone Group PLC0.47%
El Al Israel Airlines Ltd0.46%
ING Groep NV0.46%
Power Corp of Canada0.46%
Bp PLC0.45%
SpareBank 1 Sor-Norge ASA0.45%
BOC Hong Kong Holdings Ltd0.44%
Hellenic Telecommunications Organization SA0.44%
Omv AG0.44%
Jumbo SA0.44%
Kerry Group PLC0.43%
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen0.43%
Legal & General Group PLC0.43%
Allianz SE0.43%
CK Hutchison Holdings Ltd0.43%
Franco-Nevada Corp0.43%
Harel Insurance Investments & Financial Services Ltd0.43%
IGM Financial Inc0.42%
DNB Bank ASA0.42%
Equinor ASA0.42%
Securitas AB0.42%
Lloyds Banking Group PLC0.42%
Wilmar International Ltd0.41%
Subsea 7 SA0.41%
BlueScope Steel Ltd0.41%
Swedbank AB0.41%
CSL Ltd0.41%

Weight gaps

All 34 Holdings in both funds, largest gap first.

Holding weights in PBUS and WDAI, widest gap first
Holding	More in PBUSMore in WDAI	PBUS	WDAI
ExxonMobil Holdings CorpXOM	PBUS +0.78 points	1.14%	0.36%
Valero Energy CorpVLO	WDAI +0.44 points	0.17%	0.61%
Nucor CorpNUE	WDAI +0.40 points	0.09%	0.49%
Arch Capital Group LtdACGL	WDAI +0.38 points	0.05%	0.43%
Marathon Petroleum CorpMPC	WDAI +0.34 points	0.19%	0.53%
Archer-Daniels-Midland CoADM	WDAI +0.32 points	0.06%	0.38%
Phillips 66PSX	WDAI +0.32 points	0.16%	0.48%
Monster Beverage CorpMNST	WDAI +0.31 points	0.10%	0.41%
Natera IncNTRA	WDAI +0.31 points	0.09%	0.40%
State Street CorpSTT	WDAI +0.29 points	0.07%	0.36%
Newmont CorpNEM	WDAI +0.27 points	0.18%	0.45%
EOG Resources IncEOG	WDAI +0.27 points	0.13%	0.40%
Nasdaq IncNDAQ	WDAI +0.26 points	0.07%	0.33%
Cigna Group/TheCI	WDAI +0.25 points	0.12%	0.37%
MSCI IncMSCI	WDAI +0.25 points	0.07%	0.32%
General Motors CoGM	WDAI +0.25 points	0.12%	0.37%
Fastenal CoFAST	WDAI +0.25 points	0.09%	0.34%
Freeport-McMoRan IncFCX	WDAI +0.25 points	0.14%	0.39%
Occidental Petroleum CorpOXY	WDAI +0.23 points	0.07%	0.30%
Halliburton CoHAL	WDAI +0.22 points	0.05%	0.27%
Chubb LtdCB	WDAI +0.21 points	0.19%	0.40%
Targa Resources CorpTRGP	WDAI +0.21 points	0.10%	0.31%
ONEOK IncOKE	WDAI +0.21 points	0.09%	0.30%
Cheniere Energy IncLNG	WDAI +0.20 points	0.10%	0.30%
Bank of New York Mellon Corp/TheBNY	WDAI +0.20 points	0.15%	0.35%
SLB LtdSLB	WDAI +0.19 points	0.12%	0.31%
Travelers Cos Inc/TheTRV	WDAI +0.18 points	0.13%	0.31%
Howmet Aerospace IncHWM	WDAI +0.15 points	0.12%	0.27%
Progressive Corp/ThePGR	WDAI +0.15 points	0.20%	0.35%
Snowflake IncSNOW	WDAI +0.12 points	0.16%	0.28%
ConocoPhillipsCOP	WDAI +0.09 points	0.27%	0.36%
Charles Schwab Corp/TheSCHW	WDAI +0.07 points	0.22%	0.29%
Crowdstrike Holdings IncCRWD	PBUS +0.03 points	0.39%	0.36%
Linde PLCLIN	Same weight	0.35%	0.35%

All 515 PBUS holdings⁠All 312 WDAI 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.

PBUS vs WDAI Cost

Overpaying WDAI vs PBUS

$10,968

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

PBUS 0.04%
$849
WDAI 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

PBUS 0.04%
WDAI 0.60%
Overpaying

Year by year

Year	PBUS	WDAI	Overpaying
10	$73	$1,076	$1,003
20	$288	$4,116	$3,828
30	$849	$11,817	$10,968

Expense ratio

0.04%PBUS, cheaper
0.60%WDAI

PBUS0.04%WDAI0.60%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

PBUS 2nd cheapest of 42 funds

WDAI 33rd cheapest of 42 funds

PBUS vs WDAI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): PBUS 1.02%; WDAI No data
Payout (12M): PBUS $0.77; WDAI No data
Last payment: PBUS $0.19; WDAI $0.07
Ex-dividend: PBUS Sep 21, 2026; WDAI Sep 3, 2026
Paid on: PBUS Sep 25, 2026; WDAI Sep 8, 2026
Frequency: PBUS Quarterly; WDAI Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

PBUSQuarterly · 36 paymentsAll PBUS payments⁠

WDAIQuarterly · 2 paymentsAll WDAI payments⁠

PBUS vs WDAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: PBUS 12.5%WDAI No data
Return per unit of riskSharpe ratio, 3 years: PBUS 1.41WDAI No data
Worst fallMax drawdown, 5 years: PBUS −25.4%WDAI No data
Market sensitivityBeta, 5 years: PBUS 1.02WDAI 1.31; Market = 1

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