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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEOPX or XMHQ.
Correlation
The correlation between DEOPX and XMHQ is 0.78, 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
DEOPX vs. XMHQ - Performance Comparison
Key characteristics
DEOPX:
0.85
XMHQ:
0.43
DEOPX:
1.26
XMHQ:
0.74
DEOPX:
1.15
XMHQ:
1.09
DEOPX:
0.61
XMHQ:
0.76
DEOPX:
2.32
XMHQ:
1.49
DEOPX:
5.57%
XMHQ:
5.29%
DEOPX:
15.14%
XMHQ:
18.06%
DEOPX:
-39.14%
XMHQ:
-58.19%
DEOPX:
-7.67%
XMHQ:
-7.72%
Returns By Period
In the year-to-date period, DEOPX achieves a 5.84% return, which is significantly higher than XMHQ's 2.27% return. Over the past 10 years, DEOPX has underperformed XMHQ with an annualized return of 4.82%, while XMHQ has yielded a comparatively higher 11.29% annualized return.
DEOPX
5.84%
3.90%
11.31%
11.90%
2.85%
4.82%
XMHQ
2.27%
-1.57%
2.37%
7.38%
15.09%
11.29%
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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.
Risk-Adjusted Performance
DEOPX vs. XMHQ — Risk-Adjusted Performance Rank
DEOPX
XMHQ
DEOPX vs. XMHQ - Risk-Adjusted Performance 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.
Dividends
DEOPX vs. XMHQ - Dividend Comparison
DEOPX's dividend yield for the trailing twelve months is around 0.09%, less than XMHQ's 5.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEOPX Davenport Equity Opportunities Fund | 0.09% | 0.09% | 0.27% | 0.30% | 0.00% | 0.00% | 0.26% | 0.00% | 0.00% | 0.00% | 0.04% | 1.67% |
XMHQ Invesco S&P MidCap Quality ETF | 5.08% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% |
Drawdowns
DEOPX vs. XMHQ - Drawdown Comparison
The maximum DEOPX drawdown since its inception was -39.14%, 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. For additional features, visit the drawdowns tool.
Volatility
DEOPX vs. XMHQ - Volatility Comparison
The current volatility for Davenport Equity Opportunities Fund (DEOPX) is 3.58%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 4.53%. 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.