IQSU vs. SPHQ
Compare and contrast key facts about IQ Candriam ESG U.S. Equity ETF (IQSU) and Invesco S&P 500® Quality ETF (SPHQ).
IQSU and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQSU is a passively managed fund by New York Life that tracks the performance of the IQ Candriam ESG US Equity Index. It was launched on Dec 17, 2019. 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. Both IQSU and SPHQ 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: IQSU or SPHQ.
Correlation
The correlation between IQSU and SPHQ is 0.93, 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
IQSU vs. SPHQ - Performance Comparison
Key characteristics
IQSU:
0.29
SPHQ:
0.77
IQSU:
0.54
SPHQ:
1.19
IQSU:
1.08
SPHQ:
1.17
IQSU:
0.27
SPHQ:
0.81
IQSU:
1.09
SPHQ:
3.54
IQSU:
5.26%
SPHQ:
3.79%
IQSU:
20.00%
SPHQ:
17.41%
IQSU:
-31.29%
SPHQ:
-57.83%
IQSU:
-12.14%
SPHQ:
-8.54%
Returns By Period
In the year-to-date period, IQSU achieves a -8.27% return, which is significantly lower than SPHQ's -2.82% return.
IQSU
-8.27%
-5.00%
-6.67%
4.22%
15.16%
N/A
SPHQ
-2.82%
-3.56%
-2.11%
12.16%
16.37%
12.54%
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IQSU vs. SPHQ - Expense Ratio Comparison
IQSU has a 0.09% expense ratio, which is lower than SPHQ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IQSU vs. SPHQ — Risk-Adjusted Performance Rank
IQSU
SPHQ
IQSU vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) 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
IQSU vs. SPHQ - Dividend Comparison
IQSU's dividend yield for the trailing twelve months is around 1.22%, more than SPHQ's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQSU IQ Candriam ESG U.S. Equity ETF | 1.22% | 1.12% | 1.15% | 1.47% | 1.07% | 0.98% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.18% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
IQSU vs. SPHQ - Drawdown Comparison
The maximum IQSU drawdown since its inception was -31.29%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for IQSU and SPHQ. For additional features, visit the drawdowns tool.
Volatility
IQSU vs. SPHQ - Volatility Comparison
IQ Candriam ESG U.S. Equity ETF (IQSU) has a higher volatility of 14.79% compared to Invesco S&P 500® Quality ETF (SPHQ) at 12.51%. This indicates that IQSU'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.