An intraocular lens is disclosed, which includes a diffractive element with a relatively low add power. The add power may be less than about 2 Diopters, may be less than about 1 Diopter, or may be in the ranges of 0.5 to 2.5 Diopters, or 1.0 to 2.0 Diopters, or 1.5 to 2.0 Diopters, or 1.0 to 1.5 Diopters. The low-add-power diffractive element increases the depth of the focus of the intraocular lens, for example, compared to a similarly shaped intraocular lens without the diffractive element. In one embodiment, the depth of focus is defined in terms of a threshold MTF value at a particular spatial frequency. The threshold may be an absolute threshold, such as 0.10, 0.15, 0.17, 0.20, 0.25 or 0.30, or may be a relative threshold, such as a particular percentage of the peak value. The spatial frequency may be 25 line pairs per mm, 50 line pairs per mm, 100 line pairs per mm, or any suitable value.