EQTY vs. USMC
Compare and contrast key facts about Kovitz Core Equity ETF (EQTY) and Principal U.S. Mega-Cap ETF (USMC).
EQTY and USMC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQTY is a passively managed fund by Kovitz that tracks the performance of the NONE. It was launched on Dec 28, 2011. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. Both EQTY and USMC 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: EQTY or USMC.
Correlation
The correlation between EQTY and USMC is 0.83, 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
EQTY vs. USMC - Performance Comparison
Key characteristics
EQTY:
1.81
USMC:
2.19
EQTY:
2.50
USMC:
2.91
EQTY:
1.32
USMC:
1.41
EQTY:
3.11
USMC:
3.33
EQTY:
10.44
USMC:
13.85
EQTY:
2.02%
USMC:
2.02%
EQTY:
11.67%
USMC:
12.78%
EQTY:
-11.46%
USMC:
-29.97%
EQTY:
-0.40%
USMC:
-0.35%
Returns By Period
In the year-to-date period, EQTY achieves a 5.56% return, which is significantly higher than USMC's 4.80% return.
EQTY
5.56%
3.12%
13.03%
21.08%
N/A
N/A
USMC
4.80%
3.85%
13.80%
27.90%
15.86%
N/A
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EQTY vs. USMC - Expense Ratio Comparison
EQTY has a 0.99% expense ratio, which is higher than USMC's 0.12% expense ratio.
Risk-Adjusted Performance
EQTY vs. USMC — Risk-Adjusted Performance Rank
EQTY
USMC
EQTY vs. USMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kovitz Core Equity ETF (EQTY) and Principal U.S. Mega-Cap ETF (USMC). 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
EQTY vs. USMC - Dividend Comparison
EQTY's dividend yield for the trailing twelve months is around 0.31%, less than USMC's 0.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
EQTY Kovitz Core Equity ETF | 0.31% | 0.33% | 0.26% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMC Principal U.S. Mega-Cap ETF | 0.99% | 1.04% | 1.35% | 1.78% | 1.53% | 1.56% | 2.04% | 2.27% | 0.24% |
Drawdowns
EQTY vs. USMC - Drawdown Comparison
The maximum EQTY drawdown since its inception was -11.46%, smaller than the maximum USMC drawdown of -29.97%. Use the drawdown chart below to compare losses from any high point for EQTY and USMC. For additional features, visit the drawdowns tool.
Volatility
EQTY vs. USMC - Volatility Comparison
Kovitz Core Equity ETF (EQTY) has a higher volatility of 2.77% compared to Principal U.S. Mega-Cap ETF (USMC) at 2.59%. This indicates that EQTY's price experiences larger fluctuations and is considered to be riskier than USMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.