DEOPX vs. XMHQ
Compare and contrast key facts about Davenport Equity Opportunities Fund (DEOPX) and Invesco S&P MidCap Quality ETF (XMHQ).
DEOPX is managed by Davenport. It was launched on Dec 31, 2010. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Performance
DEOPX vs. XMHQ - Performance Comparison
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DEOPX vs. XMHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEOPX Davenport Equity Opportunities Fund | -3.86% | -2.60% | 9.72% | 27.73% | -23.09% | 26.32% | 21.37% | 39.85% | -8.01% | 20.79% |
XMHQ Invesco S&P MidCap Quality ETF | 2.09% | 4.71% | 16.79% | 29.51% | -12.42% | 20.98% | 26.61% | 27.18% | -9.08% | 15.64% |
Returns By Period
In the year-to-date period, DEOPX achieves a -3.86% return, which is significantly lower than XMHQ's 2.09% return. Over the past 10 years, DEOPX has underperformed XMHQ with an annualized return of 9.41%, while XMHQ has yielded a comparatively higher 12.53% annualized return.
DEOPX
- 1D
- 2.75%
- 1M
- -6.82%
- YTD
- -3.86%
- 6M
- -7.14%
- 1Y
- -3.26%
- 3Y*
- 7.47%
- 5Y*
- 3.57%
- 10Y*
- 9.41%
XMHQ
- 1D
- 1.01%
- 1M
- -4.01%
- YTD
- 2.09%
- 6M
- -0.40%
- 1Y
- 13.46%
- 3Y*
- 14.90%
- 5Y*
- 8.29%
- 10Y*
- 12.53%
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DEOPX vs. XMHQ - Expense Ratio Comparison
DEOPX has a 0.88% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Return for Risk
DEOPX vs. XMHQ — Risk / Return Rank
DEOPX
XMHQ
DEOPX vs. XMHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Davenport Equity Opportunities Fund (DEOPX) and Invesco S&P MidCap Quality ETF (XMHQ). 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.
| DEOPX | XMHQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.13 | 0.67 | -0.80 |
Sortino ratioReturn per unit of downside risk | -0.05 | 1.13 | -1.18 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.14 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.18 | -1.32 |
Martin ratioReturn relative to average drawdown | -0.35 | 4.29 | -4.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEOPX | XMHQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | 0.67 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.40 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.61 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.44 | +0.15 |
Correlation
The correlation between DEOPX and XMHQ is 0.79, 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.
Dividends
DEOPX vs. XMHQ - Dividend Comparison
DEOPX's dividend yield for the trailing twelve months is around 3.13%, more than XMHQ's 0.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEOPX Davenport Equity Opportunities Fund | 3.13% | 3.01% | 0.09% | 4.85% | 8.78% | 10.45% | 10.39% | 4.26% | 4.11% | 0.00% | 1.26% | 5.20% |
XMHQ Invesco S&P MidCap Quality ETF | 0.59% | 0.64% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% |
Drawdowns
DEOPX vs. XMHQ - Drawdown Comparison
The maximum DEOPX drawdown since its inception was -37.76%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for DEOPX and XMHQ.
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Drawdown Indicators
| DEOPX | XMHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.76% | -58.19% | +20.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.94% | -12.54% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -30.22% | -25.47% | -4.75% |
Max Drawdown (10Y)Largest decline over 10 years | -37.76% | -36.90% | -0.86% |
Current DrawdownCurrent decline from peak | -13.62% | -4.40% | -9.22% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -9.35% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 3.44% | +2.38% |
Volatility
DEOPX vs. XMHQ - Volatility Comparison
The current volatility for Davenport Equity Opportunities Fund (DEOPX) is 5.60%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 5.99%. This indicates that DEOPX experiences smaller price fluctuations and is considered to be less risky than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEOPX | XMHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 5.99% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 11.45% | 11.42% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.67% | 20.29% | -0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.93% | 20.76% | -1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.28% | 20.69% | -1.41% |