GLRY vs. XMHQ
Compare and contrast key facts about Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and Invesco S&P MidCap Quality ETF (XMHQ).
GLRY and XMHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLRY is an actively managed fund by Inspire. It was launched on Dec 7, 2020. 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: GLRY or XMHQ.
Key characteristics
| GLRY | XMHQ | |
|---|---|---|
| YTD Return | 21.30% | 23.96% |
| 1Y Return | 27.60% | 33.04% |
| 3Y Return (Ann) | 2.34% | 10.73% |
| Sharpe Ratio | 2.13 | 2.10 |
| Sortino Ratio | 2.89 | 2.99 |
| Omega Ratio | 1.37 | 1.36 |
| Calmar Ratio | 1.22 | 3.70 |
| Martin Ratio | 12.69 | 9.10 |
| Ulcer Index | 2.44% | 4.20% |
| Daily Std Dev | 14.54% | 18.15% |
| Max Drawdown | -40.60% | -58.19% |
| Current Drawdown | -3.32% | -1.62% |
Correlation
The correlation between GLRY and XMHQ 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
GLRY vs. XMHQ - Performance Comparison
In the year-to-date period, GLRY achieves a 21.30% return, which is significantly lower than XMHQ's 23.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GLRY vs. XMHQ - Expense Ratio Comparison
GLRY has a 0.85% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
GLRY vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) 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
GLRY vs. XMHQ - Dividend Comparison
GLRY's dividend yield for the trailing twelve months is around 0.78%, less than XMHQ's 4.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLRY Inspire Faithward Mid Cap Momentum ESG ETF | 0.78% | 1.07% | 1.03% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMHQ Invesco S&P MidCap Quality ETF | 4.86% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% | 1.11% |
Drawdowns
GLRY vs. XMHQ - Drawdown Comparison
The maximum GLRY drawdown since its inception was -40.60%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for GLRY and XMHQ. For additional features, visit the drawdowns tool.
Volatility
GLRY vs. XMHQ - Volatility Comparison
Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and Invesco S&P MidCap Quality ETF (XMHQ) have volatilities of 5.41% and 5.57%, 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.