HAVLX vs. SPHQ
Compare and contrast key facts about Harbor Large Cap Value Fund (HAVLX) and Invesco S&P 500® Quality ETF (SPHQ).
HAVLX is managed by Harbor. It was launched on Dec 29, 1987. 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: HAVLX or SPHQ.
Correlation
The correlation between HAVLX and SPHQ is 0.85, 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
HAVLX vs. SPHQ - Performance Comparison
Key characteristics
HAVLX:
0.24
SPHQ:
2.07
HAVLX:
0.40
SPHQ:
2.86
HAVLX:
1.05
SPHQ:
1.37
HAVLX:
0.21
SPHQ:
4.12
HAVLX:
0.63
SPHQ:
13.79
HAVLX:
5.01%
SPHQ:
1.84%
HAVLX:
13.20%
SPHQ:
12.28%
HAVLX:
-78.17%
SPHQ:
-57.83%
HAVLX:
-9.41%
SPHQ:
-0.38%
Returns By Period
In the year-to-date period, HAVLX achieves a 4.28% return, which is significantly lower than SPHQ's 5.85% return. Over the past 10 years, HAVLX has underperformed SPHQ with an annualized return of 7.45%, while SPHQ has yielded a comparatively higher 13.47% annualized return.
HAVLX
4.28%
0.58%
-3.32%
2.93%
5.92%
7.45%
SPHQ
5.85%
3.20%
8.72%
25.86%
15.54%
13.47%
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HAVLX vs. SPHQ - Expense Ratio Comparison
HAVLX has a 0.69% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
HAVLX vs. SPHQ — Risk-Adjusted Performance Rank
HAVLX
SPHQ
HAVLX vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Large Cap Value Fund (HAVLX) 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
HAVLX vs. SPHQ - Dividend Comparison
HAVLX's dividend yield for the trailing twelve months is around 1.17%, more than SPHQ's 1.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAVLX Harbor Large Cap Value Fund | 1.17% | 1.22% | 1.26% | 1.29% | 0.73% | 0.75% | 0.88% | 1.07% | 0.80% | 1.03% | 1.18% | 1.16% |
SPHQ Invesco S&P 500® Quality ETF | 1.09% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
HAVLX vs. SPHQ - Drawdown Comparison
The maximum HAVLX drawdown since its inception was -78.17%, which is greater than SPHQ's maximum drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for HAVLX and SPHQ. For additional features, visit the drawdowns tool.
Volatility
HAVLX vs. SPHQ - Volatility Comparison
Harbor Large Cap Value Fund (HAVLX) has a higher volatility of 2.85% compared to Invesco S&P 500® Quality ETF (SPHQ) at 2.53%. This indicates that HAVLX's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.