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DWASvsVTWGETF Comparison

ETF 1
DWAS

Invesco DWA SmallCap Momentum ETF

This fund is part of
US Multi-Factor
-0.29%
VS
ETF 2
VTWG

Vanguard Russell 2000 Growth ETF

This fund is part of
US Small Cap Growth
-0.67%

Invesco DWA SmallCap Momentum ETF (DWAS) belongs to the US Multi-Factor segment. Vanguard Russell 2000 Growth ETF (VTWG) is part of the US Small Cap Growth segment. Both ETFs have the same top 3 sector exposures: Healthcare, Technology and Industrials. DWAS is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.06% for VTWG. DWAS is up 21.96% year-to-date (YTD) with -$398M in YTD flows. VTWG performs worse with 19.92% YTD performance, and +$156M in YTD flows. Run a side-by-side ETF comparison of DWAS and VTWG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DWAS vs VTWG performance and flow charts

Performance

-10.0-8.0-6.0-4.0-2.00.0%Jul 6Jul 13Jul 20Jul 27Aug 3

Cumulative Flows

0 M10 M20 M30 M40 MJul 6Jul 13Jul 20Jul 27Aug 3

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Historic performance and flows
Data as of 08/05/2026
1M3MYTD1Y3Y5Y
Perf.
DWAS
VTWG
-2.65%-0.85%
+2.32%+5.11%
+21.96%+19.92%
+38.13%+32.78%
+49.12%+61.19%
+44.06%+32.49%
Flows
DWAS
VTWG
+$28M+$13M
+$20M+$90M
-$398M+$156M
-$400M+$189M
-$495M+$239M
-$224M+$437M
Volatility and drawdown
3M1Y3Y5Y
Volatility
DWAS
VTWG
+31.00%+23.50%
+25.65%+22.49%
+25.16%+22.83%
+25.76%+24.83%
Max drawdown
DWAS
VTWG
-15.14%-7.65%
-15.14%-14.80%
-33.75%-28.47%
-33.75%-40.46%
Max drawdown duration
DWAS
VTWG
36d36d
36d84d
436d280d
436d1409d
Trading data

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DWAS
VTWG
Last sale
8/5/2026 at 7:29 PM
$118.53
$280.20
Previous close
08/05/2026
$118.86
$282.32
Consolidated volume
08/05/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of July 31, 2026
1-year trailing difference

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DWAS
VTWG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 8/5/2026 at 7:29 PM
Live
Closed
DWAS
VTWG
Last price
$118.53
$280.20
1D performance
-0.28%
-0.75%
AuM$449.60 M$1.55 B
E/R0.6%0.06%
Characteristics
DWAS
VTWG
Management strategyPassivePassive
ProviderInvescoVanguard
BenchmarkDorsey Wright SmallCap Technical Leaders IndexRussell 2000 Growth Index
N° of holdings1981088
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJuly 19, 2012September 20, 2010
ESGNoNo
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Exposure

Countries

DWAS
USA
98.08%
Other
1.92%
VTWG
USA
94.37%
Other
5.63%

Sectors

DWAS
Healthcare
28.8%
Technology
21.97%
Industrials
15.4%
Finance
12.24%
Other
21.58%
VTWG
Healthcare
27.76%
Technology
18.9%
Industrials
14.68%
Finance
12.46%
Other
26.21%
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Diversification

DWAS

Total weight of top 15 holdings out of 15

22.24%
VTWG

Total weight of top 15 holdings out of 15

8.34%

Top 15 holdings

Data as of June 30, 2026
DWAS
Sandisk Corp.
3.43%
Sezzle, Inc.
3.39%
Tango Therapeutics, Inc.
1.77%
Bel Fuse, Inc.
1.70%
TTM Technologies, Inc.
1.32%
Kodiak Sciences, Inc.
1.27%
Graham Corp.
1.25%
Heritage Insurance Holdings, Inc.
1.10%
Planet Labs PBC
1.05%
Nuvalent, Inc.
1.05%
Erasca, Inc.
1.02%
Lumentum Holdings, Inc.
1.00%
MYR Group, Inc.
1.00%
Enova International, Inc.
0.99%
Aehr Test Systems
0.90%
VTWG
Moog, Inc.
0.72%
BrightSpring Health Services, Inc.
0.67%
MaxLinear, Inc.
0.65%
Argan, Inc.
0.65%
JFrog Ltd.
0.58%
Krystal Biotech, Inc.
0.57%
ESCO Technologies, Inc.
0.55%
FirstCash Holdings, Inc.
0.53%
StoneX Group, Inc.
0.51%
D-Wave Quantum, Inc.
0.50%
Praxis Precision Medicines, Inc.
0.50%
Cipher Digital, Inc.
0.49%
Plexus Corp.
0.48%
EnerSys
0.48%
Ryman Hospitality Properties, Inc.
0.48%
Frequently asked questions about DWAS and VTWG

How have the DWAS and VTWG ETFs performed in 2026?

As of August 5, 2026, DWAS is up 21.96% year-to-date (YTD), while VTWG has returned 19.92%. That puts DWAS better performer ahead so far this year.

Which ETF is attracting more investor money: DWAS or VTWG?

Year-to-date, the DWAS ETF saw -$398M in flows, compared to +$156M for VTWG.

Which ETF is more volatile: DWAS or VTWG?

Over the past year, DWAS had a volatility of 25.65%, while VTWG experienced 22.49%.

Which ETF is bigger: DWAS or VTWG?

As of August 5, 2026, DWAS holds $449.60 M in assets under management (AUM), while VTWG manages $1.55 B.

What sectors do the DWAS and VTWG ETFs invest in?

DWAS leans toward sectors like Healthcare, Technology and Industrials. Meanwhile, VTWG focuses on Healthcare, Technology and Industrials.

What are the top holdings of the DWAS ETF and VTWG ETF?

DWAS top holdings include Sandisk Corp., Sezzle, Inc. and Tango Therapeutics, Inc.. VTWG holds in its top three: Moog, Inc., BrightSpring Health Services, Inc. and MaxLinear, Inc..

Which ETF is more diversified: DWAS or VTWG?

DWAS holds 199 securities with 22.24% of its assets in the top 15. VTWG has 1130 securities and a top 15 weight of 8.34%.

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