BMVP vs. VOO
Compare and contrast key facts about Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Vanguard S&P 500 ETF (VOO).
BMVP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMVP is a passively managed fund by Invesco that tracks the performance of the Bloomberg MVP Index. It was launched on May 1, 2003. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BMVP and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMVP or VOO.
Correlation
The correlation between BMVP and VOO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BMVP vs. VOO - Performance Comparison
Key characteristics
BMVP:
1.78
VOO:
2.10
BMVP:
2.54
VOO:
2.80
BMVP:
1.31
VOO:
1.39
BMVP:
2.31
VOO:
3.12
BMVP:
7.26
VOO:
13.83
BMVP:
2.52%
VOO:
1.90%
BMVP:
10.25%
VOO:
12.54%
BMVP:
-52.66%
VOO:
-33.99%
BMVP:
-6.65%
VOO:
-1.98%
Returns By Period
In the year-to-date period, BMVP achieves a 18.37% return, which is significantly lower than VOO's 26.64% return. Over the past 10 years, BMVP has underperformed VOO with an annualized return of 8.09%, while VOO has yielded a comparatively higher 13.07% annualized return.
BMVP
18.37%
-6.32%
8.17%
18.25%
8.88%
8.09%
VOO
26.64%
-0.83%
9.44%
26.33%
14.77%
13.07%
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BMVP vs. VOO - Expense Ratio Comparison
BMVP has a 0.29% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BMVP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BMVP vs. VOO - Dividend Comparison
BMVP's dividend yield for the trailing twelve months is around 1.56%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMVP Invesco Bloomberg MVP Multi-factor ETF | 1.56% | 1.66% | 1.51% | 0.56% | 1.09% | 0.96% | 1.44% | 1.75% | 1.35% | 1.02% | 0.82% | 0.78% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BMVP vs. VOO - Drawdown Comparison
The maximum BMVP drawdown since its inception was -52.66%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BMVP and VOO. For additional features, visit the drawdowns tool.
Volatility
BMVP vs. VOO - Volatility Comparison
The current volatility for Invesco Bloomberg MVP Multi-factor ETF (BMVP) is 3.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.05%. This indicates that BMVP experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.