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    Diversified Equity ETFs and Funds

    GNG Research tracks 105 diversified equity ETFs and funds, ranked here by net assets, expense ratio and yield. The largest by net assets are VTI, Vanguard 500 Index Fund ETF Shares (VOO) and iShares Core S&P 500 ETF (IVV).

    Prices and yields use the latest available records.

    Largest Diversified Equity Funds

    Funds ranked by reported net assets.

    1. VTIVanguard Morningstar Total Stock Market ETF
      $2.10T
    2. VOOVanguard 500 Index Fund ETF Shares
      $1.50T
    3. IVViShares Core S&P 500 ETF
      $720.50B
    4. SPYSPDR S&P 500 ETF Trust
      $693.00B
    5. QQQInvesco QQQ Trust Series 1
      $403.00B
    6. VUGVanguard Morningstar Growth ETF
      $353.00B
    7. VTVVanguard Morningstar Value ETF
      $217.70B
    8. VOVanguard Morningstar Mid-Cap ETF
      $198.70B
    9. IWFiShares Russell 1000 Growth ETF
      $125.50B
    10. VIGVanguard Dividend Appreciation Index Fund ETF Shares
      $120.40B

    Lowest-Cost Diversified Equity Funds

    Funds with at least $100M in net assets, ranked by net expense ratio.

    1. VTIVanguard Morningstar Total Stock Market ETF
      0.03%
    2. VOOVanguard 500 Index Fund ETF Shares
      0.03%
    3. IVViShares Core S&P 500 ETF
      0.03%
    4. ITOTiShares Core S&P Total U.S. Stock Market ETF
      0.03%
    5. VVVanguard Morningstar Large-Cap ETF
      0.03%
    6. SCHXSchwab U.S. Large-Cap ETF
      0.03%
    7. SCHBSchwab U.S. Broad Market ETF
      0.03%
    8. VUGVanguard Morningstar Growth ETF
      0.04%
    9. VTVVanguard Morningstar Value ETF
      0.04%
    10. VOVanguard Morningstar Mid-Cap ETF
      0.04%

    Highest-Yield Diversified Equity Funds

    Funds with at least $100M in net assets and a forward yield up to 25%.

    1. IWMINEOS Russell 2000 High Income ETF
      14.97%
    2. TSPYTappAlpha S&P 500 Growth & Daily Income ETF
      14.02%
    3. QQQINEOS Nasdaq 100 High Income ETF
      13.86%
    4. SPYINEOS S&P 500 High Income ETF
      11.93%
    5. USALiberty All-Star Equity Fund
      11.44%
    6. ICAPInfrastructure Capital Equity Income ETF
      11.43%
    7. JEPQJPMorgan Nasdaq Equity Premium Income ETF
      11.32%
    8. QYLDGlobal X NASDAQ 100 Covered Call ETF
      11.31%
    9. QDVOCWP Growth & Income ETF
      11.22%
    10. JPCNuveen Preferred & Income Opportunities Fund
      11.04%

    Diversified Equity Funds List

    All 105 diversified equity ETFs and funds GNG Research tracks, largest first by net assets.

    VTI Vanguard Morningstar Total Stock Market ETFVanguard Morningstar Total Stock Market ETF$2.10T1.01%
    VOO Vanguard 500 Index Fund ETF SharesVanguard 500 Index Fund ETF Shares$1.50T1.03%
    IVV iShares Core S&P 500 ETFiShares Core S&P 500 ETF$720.50B1.14%
    SPY SPDR S&P 500 ETF TrustSPDR S&P 500 ETF Trust$693.00B0.98%
    QQQ Invesco QQQ Trust Series 1Invesco QQQ Trust Series 1$403.00B0.41%
    VUG Vanguard Morningstar Growth ETFVanguard Morningstar Growth ETF$353.00B0.41%
    VTV Vanguard Morningstar Value ETFVanguard Morningstar Value ETF$217.70B1.83%
    VO Vanguard Morningstar Mid-Cap ETFVanguard Morningstar Mid-Cap ETF$198.70B1.43%
    IWF iShares Russell 1000 Growth ETFiShares Russell 1000 Growth ETF$125.50B0.35%
    VIG Vanguard Dividend Appreciation Index Fund ETF SharesVanguard Dividend Appreciation Index Fund ETF Shares$120.40B1.55%
    IJR iShares Core S&P Small-Cap ETFiShares Core S&P Small-Cap ETF$92.00B1.49%
    VYM Vanguard High Dividend Yield Index Fund ETF SharesVanguard High Dividend Yield Index Fund ETF Shares$88.50B2.22%
    RSP Invesco S&P 500 Equal Weight ETFInvesco S&P 500 Equal Weight ETF$83.20B1.49%
    VXF Vanguard Extended Market Index Fund ETF SharesVanguard Extended Market Index Fund ETF Shares$82.10B0.97%
    ITOT iShares Core S&P Total U.S. Stock Market ETFiShares Core S&P Total U.S. Stock Market ETF$79.60B1.08%
    VT Vanguard Total World Stock Index Fund ETF SharesVanguard Total World Stock Index Fund ETF Shares$79.20B1.03%
    IWM iShares Russell 2000 ETFiShares Russell 2000 ETF$72.50B1.09%
    QQQM Invesco NASDAQ 100 ETFInvesco NASDAQ 100 ETF$70.10B0.42%
    VBR Vanguard Morningstar Small-Cap Value ETFVanguard Morningstar Small-Cap Value ETF$64.20B1.74%
    VV Vanguard Morningstar Large-Cap ETFVanguard Morningstar Large-Cap ETF$64.20B1.01%
    SCHX Schwab U.S. Large-Cap ETFSchwab U.S. Large-Cap ETF$64.10B1.07%
    JEPI JPMorgan Equity Premium Income ETFJPMorgan Equity Premium Income ETF$40.70B7.16%
    DFAC Dimensional U.S. Core Equity 2 ETFDimensional U.S. Core Equity 2 ETF$40.10B0.86%
    SCHB Schwab U.S. Broad Market ETFSchwab U.S. Broad Market ETF$38.70B1.08%
    VBK Vanguard Morningstar Small-Cap Growth ETFVanguard Morningstar Small-Cap Growth ETF$38.70B0.36%
    DGRO iShares Core Dividend Growth ETFiShares Core Dividend Growth ETF$35.70B1.96%
    MGK Vanguard Morningstar Mega Cap Growth ETFVanguard Morningstar Mega Cap Growth ETF$32.70B0.33%
    JEPQ JPMorgan Nasdaq Equity Premium Income ETFJPMorgan Nasdaq Equity Premium Income ETF$31.90B11.32%
    CGDV Capital Group Dividend Value ETF Share ClassCapital Group Dividend Value ETF Share Class$25.60B1.23%
    MDY S&P MidCap 400 ETFS&P MidCap 400 ETF$24.20B0.97%
    AVUV Avantis U.S. Small Cap Value ETFAvantis U.S. Small Cap Value ETF$23.40B1.38%
    DVY iShares Select Dividend ETFiShares Select Dividend ETF$22.30B3.37%
    SDY State Street SPDR S&P Dividend ETFState Street SPDR S&P Dividend ETF$22.10B2.43%
    CGGR Capital Group Growth ETF Share ClassCapital Group Growth ETF Share Class$19.00B0.15%
    IWY iShares Russell Top 200 Growth ETFiShares Russell Top 200 Growth ETF$16.70B0.32%
    DGRW WisdomTree U.S. Quality Dividend Growth FundWisdomTree U.S. Quality Dividend Growth Fund$16.10B0.66%
    SPHQ Invesco S&P 500 Quality ETFInvesco S&P 500 Quality ETF$15.20B0.73%
    SCHV Schwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Value ETF$14.80B1.92%
    HDV iShares Core High Dividend ETFiShares Core High Dividend ETF$13.80B2.27%
    SPMO Invesco S&P 500 Momentum ETFInvesco S&P 500 Momentum ETF$13.70B0.67%
    NOBL ProShares S&P 500 Dividend Aristocrats ETFProShares S&P 500 Dividend Aristocrats ETF$12.00B1.99%
    CGUS Capital Group Core Equity ETF Share ClassCapital Group Core Equity ETF Share Class$8.30B0.80%
    QYLD Global X NASDAQ 100 Covered Call ETFGlobal X NASDAQ 100 Covered Call ETF$8.00B11.31%
    FDVV Fidelity High Dividend ETFFidelity High Dividend ETF$7.70B2.34%
    SPYD State Street SPDR Portfolio S&P 500 High Dividend ETFState Street SPDR Portfolio S&P 500 High Dividend ETF$7.00B4.49%
    QQQI NEOS Nasdaq 100 High Income ETFNEOS Nasdaq 100 High Income ETF$6.70B13.86%
    SPYI NEOS S&P 500 High Income ETFNEOS S&P 500 High Income ETF$6.30B11.93%
    XMMO Invesco S&P MidCap Momentum ETFInvesco S&P MidCap Momentum ETF$5.80B0.70%
    DIVO Amplify CWP Enhanced Dividend Income ETFAmplify CWP Enhanced Dividend Income ETF$5.70B4.74%
    VFLO VictoryShares Free Cash Flow ETFVictoryShares Free Cash Flow ETF$5.00B2.13%
    CGDG Capital Group Dividend Growers ETF Share ClassCapital Group Dividend Growers ETF Share Class$4.00B1.71%
    GRNY Fundstrat Granny Shots US Large Cap ETFFundstrat Granny Shots US Large Cap ETF$3.80B0.22%
    SPHD Invesco S&P 500 High Dividend Low Volatility ETFInvesco S&P 500 High Dividend Low Volatility ETF$3.60B4.88%
    GCOW Pacer Global Cash Cows Dividend ETFPacer Global Cash Cows Dividend ETF$3.30B3.74%
    JPC Nuveen Preferred & Income Opportunities FundNuveen Preferred & Income Opportunities Fund$2.90B11.04%
    ETY Eaton Vance Tax-Managed Diversified Equity Income FundEaton Vance Tax-Managed Diversified Equity Income Fund$2.50B8.50%
    GPIQ Goldman Sachs Nasdaq-100 Premium Income ETFGoldman Sachs Nasdaq-100 Premium Income ETF$2.30B10.57%
    GPIX Goldman Sachs S&P 500 Premium Income ETFGoldman Sachs S&P 500 Premium Income ETF$2.30B8.44%
    RVT Royce Value Trust IncRoyce Value Trust Inc$2.20B7.88%
    QGRO American Century U.S. Quality Growth ETFAmerican Century U.S. Quality Growth ETF$2.10B0.21%
    IWL iShares Russell Top 200 ETFiShares Russell Top 200 ETF$2.00B0.87%
    USA Liberty All-Star Equity FundLiberty All-Star Equity Fund$2.00B11.44%
    GARP iShares MSCI USA Quality GARP ETFiShares MSCI USA Quality GARP ETF$1.40B0.23%
    ISPY ProShares S&P 500 High Income ETFProShares S&P 500 High Income ETF$1.10B6.28%
    SEIV SEI QiM U.S. Large Cap Value Active ETFSEI QiM U.S. Large Cap Value Active ETF$1.00B1.65%
    JIVE JPMorgan International Value ETFJPMorgan International Value ETF$974.10M0.50%
    EOI Eaton Vance Enhanced Equity Income FundEaton Vance Enhanced Equity Income Fund$802.80M8.14%
    AOK iShares Core 30/70 Conservative Allocation ETFiShares Core 30/70 Conservative Allocation ETF$743.50M3.74%
    PDT John Hancock Premium Dividend FundJohn Hancock Premium Dividend Fund$712.20M8.97%
    IWMI NEOS Russell 2000 High Income ETFNEOS Russell 2000 High Income ETF$666.70M14.97%
    FEPI REX FANG & Innovation Equity Premium Income ETFREX FANG & Innovation Equity Premium Income ETF$578.90M25.86%
    QDVO CWP Growth & Income ETFCWP Growth & Income ETF$553.30M11.22%
    SFLO VictoryShares Small Cap Free Cash Flow ETFVictoryShares Small Cap Free Cash Flow ETF$412.20M1.06%
    SMOT SMOTSMOT$349.80M1.30%
    GRNJ Fundstrat Granny Shots US Small & Mid-Cap ETFFundstrat Granny Shots US Small & Mid-Cap ETF$340.80MN/A
    IQQQ ProShares Nasdaq-100 High Income ETFProShares Nasdaq-100 High Income ETF$339.50M6.42%
    MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETFPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF$238.90M1.46%
    TSPY TappAlpha S&P 500 Growth & Daily Income ETFTappAlpha S&P 500 Growth & Daily Income ETF$237.10M14.02%
    SPE Special Opportunities Fund IncSpecial Opportunities Fund Inc$162.10M10.54%
    BUZZ VanEck Social Sentiment ETFVanEck Social Sentiment ETF$107.40MN/A
    ICAP Infrastructure Capital Equity Income ETFInfrastructure Capital Equity Income ETF$100.00M11.43%
    FFTY Innovator IBD 50 ETFInnovator IBD 50 ETF$85.90M1.44%
    FTCE First Trust New Constructs Core Earnings Leaders ETFFirst Trust New Constructs Core Earnings Leaders ETF$63.90M0.84%
    BRKC YieldMax BRK.B Option Income Strategy ETFYieldMax BRK.B Option Income Strategy ETF$7.30M12.25%
    ASGI abrdn Global Infrastructure Income Fundabrdn Global Infrastructure Income FundN/A13.72%
    CAMYX Cambiar International Equity Fund Institutional Class SharesCambiar International Equity Fund Institutional Class SharesN/A1.88%
    CII BlackRock Enhanced Capital and Income Fund IncBlackRock Enhanced Capital and Income Fund IncN/A7.14%
    DIA SPDR Dow Jones Industrial Average ETFSPDR Dow Jones Industrial Average ETFN/A1.01%
    FBCGX Fidelity Blue Chip Growth K6 FundFidelity Blue Chip Growth K6 FundN/A0.10%
    FCNKX Fidelity Contra Fd USD Cls KFidelity Contra Fd USD Cls KN/A0.15%
    FDGRX Fidelity Growth Company FundFidelity Growth Company FundN/A3.98%
    FOCPX Fidelity OTC PortfolioFidelity OTC PortfolioN/A3.08%
    FSMDX Fidelity Mid Cap Index FundFidelity Mid Cap Index FundN/AN/A
    FVIAX FVIAXFVIAXN/A3.39%
    FXAIX Fidelity 500 Index FundFidelity 500 Index FundN/A0.79%
    IFLO VictoryShares International Free Cash Flow ETFVictoryShares International Free Cash Flow ETFN/A4.12%
    JLGMX JPMorgan Large Cap Growth Fund Class R6JPMorgan Large Cap Growth Fund Class R6N/A0.24%
    MIPTX Matthews Pacific Tiger Fund Insti ClassMatthews Pacific Tiger Fund Insti ClassN/A2.01%
    RWMGX Washington Mutual Investors Fund R-6Washington Mutual Investors Fund R-6N/A0.75%
    SCHD Schwab US Dividend Equity ETFSchwab US Dividend Equity ETFN/A3.19%

    Showing 100 of 105 funds

    About Diversified Equity Funds

    Diversified equity funds hold stocks across many sectors, such as index funds that track the S&P 500, the Nasdaq-100 or the total US stock market.

    Their returns follow the broad market rather than any one sector.

    Research Diversified Equity Funds

    Other Fund Categories

    Fund counts and median yields for every fund category: forward yields for ETF categories, trailing 12-month distribution yields for money market funds.

    Frequently Asked Questions

    What are diversified equity ETFs?

    Diversified equity funds hold stocks across many sectors, such as index funds that track the S&P 500, the Nasdaq-100 or the total US stock market. GNG Research tracks 105 of them.

    What are the largest diversified equity ETFs?

    VTI, Vanguard 500 Index Fund ETF Shares (VOO) and iShares Core S&P 500 ETF (IVV) are the largest diversified equity ETFs and funds GNG Research tracks, with $2.10T, $1.50T and $720.50B in net assets.

    Which diversified equity ETFs have the lowest expense ratios?

    Among diversified equity funds with at least $100 million in net assets, VTI, Vanguard 500 Index Fund ETF Shares (VOO) and iShares Core S&P 500 ETF (IVV) have the lowest expense ratios, at 0.03%, 0.03% and 0.03%.

    Which diversified equity ETFs pay the highest yields?

    Among diversified equity funds with at least $100 million in net assets and forward yields up to 25%, NEOS Russell 2000 High Income ETF (IWMI), TSPY and NEOS Nasdaq 100 High Income ETF (QQQI) have the highest forward yields, at 14.97%, 14.02% and 13.86%.

    Market data is provided for informational purposes only and is not investment advice. GNG Research's proprietary safety, quality, and valuation scores are available to members on each stock page.

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