DCOR vs. SPHQ
Compare and contrast key facts about Dimensional US Core Equity 1 ETF (DCOR) and Invesco S&P 500® Quality ETF (SPHQ).
DCOR and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DCOR is an actively managed fund by Dimensional. It was launched on Sep 12, 2023. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DCOR or SPHQ.
Correlation
The correlation between DCOR and SPHQ is 0.89, 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
DCOR vs. SPHQ - Performance Comparison
Key characteristics
DCOR:
1.86
SPHQ:
2.26
DCOR:
2.53
SPHQ:
3.10
DCOR:
1.34
SPHQ:
1.41
DCOR:
2.92
SPHQ:
4.49
DCOR:
11.70
SPHQ:
16.80
DCOR:
2.01%
SPHQ:
1.65%
DCOR:
12.68%
SPHQ:
12.25%
DCOR:
-8.98%
SPHQ:
-57.83%
DCOR:
-4.32%
SPHQ:
-3.14%
Returns By Period
In the year-to-date period, DCOR achieves a 21.68% return, which is significantly lower than SPHQ's 26.15% return.
DCOR
21.68%
-1.29%
8.75%
22.20%
N/A
N/A
SPHQ
26.15%
0.60%
4.72%
27.66%
14.87%
13.04%
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DCOR vs. SPHQ - Expense Ratio Comparison
DCOR has a 0.14% expense ratio, which is lower than SPHQ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DCOR vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional US Core Equity 1 ETF (DCOR) and Invesco S&P 500® Quality ETF (SPHQ). 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
DCOR vs. SPHQ - Dividend Comparison
DCOR's dividend yield for the trailing twelve months is around 0.60%, less than SPHQ's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DCOR Dimensional US Core Equity 1 ETF | 0.60% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 0.86% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% | 1.99% |
Drawdowns
DCOR vs. SPHQ - Drawdown Comparison
The maximum DCOR drawdown since its inception was -8.98%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for DCOR and SPHQ. For additional features, visit the drawdowns tool.
Volatility
DCOR vs. SPHQ - Volatility Comparison
Dimensional US Core Equity 1 ETF (DCOR) and Invesco S&P 500® Quality ETF (SPHQ) have volatilities of 3.96% and 3.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.