EQAL vs FXL: holdings overlap, shared companies and scores
As of October 9, 2026, EQAL and FXL overlap 7.2% by weight. Invesco Russell 1000 Equal Weight ETF (EQAL): Equal-weight U.S. large caps. First Trust Technology AlphaDEX Fund (FXL): U.S. technology stocks.
Updated October 9, 2026
Where EQAL and FXL trade against their own history
EQAL trades at 19.1 times earnings, against its own median of 18.7, and is more expensive than 56% of its own 115 monthly readings since 2017.
FXL trades at 24.6 times earnings, against its own median of 24.2, and is more expensive than 54% of its own 115 monthly readings since 2017.
What moved EQAL and FXL this week
EQAL rose 1.1% in the week to October 9, 2026. The holdings that moved it most were Ciena (+14.9%), XP (+49.9%) and Talen Energy (+18.0%); AST Spacemobile (−12.8%) pushed the other way.
FXL rose 0.9% in the week to October 9, 2026. The holdings that moved it most were PTC (+35.0%), Atlassian (+10.1%) and NIQ Global Intelligence (+8.7%); Sitime (−13.7%) pushed the other way.
What do EQAL and FXL each hold?
What's inside EQAL: Tech 15%, Semiconductors 3%.
5% of EQAL is its ten largest holdings.
What's inside FXL: Tech 88%, Semiconductors 23%.
16% of FXL is its ten largest holdings.
How much do EQAL and FXL overlap? 7.2% by weight
As of October 9, 2026, EQAL and FXL overlap 7.2% by weight.
7% of EQAL is already inside FXL.
100% of FXL is already inside EQAL.
EQAL holds 1,011 companies and FXL holds 109; 108 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score EQAL and FXL? 4.5 and 5.0 out of 10
As of October 9, 2026, ETF Copilot scores EQAL 4.5 out of 10 and FXL 5.0 out of 10.
They differ most on Risk: EQAL 7.5 and FXL 1.6.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | EQAL | FXL |
|---|---|---|
| Growth | 3.3 | 6.1 |
| Value | 5.8 | 3.0 |
| Risk | 7.5 | 1.6 |
| Quality | 2.7 | 2.7 |
| Return | 4.2 | 8.9 |
EQAL is the cheaper of the two at 0.20% a year
As of October 9, 2026, EQAL charges 0.20% a year, yields 1.71% and holds $809M in assets across 1011 positions.
As of October 9, 2026, FXL charges 0.60% a year and holds $2.9B in assets across 109 positions.
| Measure | EQAL | FXL |
|---|---|---|
| Expense ratio | 0.20% | 0.60% |
| Dividend yield | 1.71% | — |
| Assets under management | $809M | $2.9B |
| Holdings | 1011 | 109 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “EQAL vs FXL holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/eqal-vs-fxl
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