HHLA vs. SPHQ
Compare and contrast key facts about HH&L Acquisition Co. (HHLA) and Invesco S&P 500® Quality ETF (SPHQ).
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: HHLA or SPHQ.
Correlation
The correlation between HHLA and SPHQ is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HHLA vs. SPHQ - Performance Comparison
Key characteristics
Returns By Period
HHLA
N/A
N/A
N/A
N/A
N/A
N/A
SPHQ
5.65%
3.98%
8.48%
25.17%
15.24%
13.46%
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Risk-Adjusted Performance
HHLA vs. SPHQ — Risk-Adjusted Performance Rank
HHLA
SPHQ
HHLA vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HH&L Acquisition Co. (HHLA) 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
HHLA vs. SPHQ - Dividend Comparison
HHLA has not paid dividends to shareholders, while SPHQ's dividend yield for the trailing twelve months is around 1.09%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHLA HH&L Acquisition Co. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HHLA vs. SPHQ - Drawdown Comparison
Volatility
HHLA vs. SPHQ - Volatility Comparison
The current volatility for HH&L Acquisition Co. (HHLA) is 0.00%, while Invesco S&P 500® Quality ETF (SPHQ) has a volatility of 2.63%. This indicates that HHLA experiences smaller price fluctuations and is considered to be less risky than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.