Correlation
The correlation between IUS and QLV is 0.91, 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.
IUS vs. QLV
Compare and contrast key facts about Invesco RAFI Strategic US ETF (IUS) and FlexShares US Quality Low Volatility Index Fund (QLV).
IUS and QLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUS is a passively managed fund by Invesco that tracks the performance of the Invesco Strategic US Index. It was launched on Sep 12, 2018. QLV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Low Volatility Index. It was launched on Jul 15, 2019. Both IUS and QLV 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: IUS or QLV.
Performance
IUS vs. QLV - Performance Comparison
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Key characteristics
IUS:
0.45
QLV:
0.81
IUS:
0.78
QLV:
1.19
IUS:
1.11
QLV:
1.17
IUS:
0.50
QLV:
0.91
IUS:
1.97
QLV:
3.99
IUS:
3.97%
QLV:
2.74%
IUS:
16.75%
QLV:
13.84%
IUS:
-34.67%
QLV:
-33.71%
IUS:
-4.36%
QLV:
-1.71%
Returns By Period
In the year-to-date period, IUS achieves a 0.33% return, which is significantly lower than QLV's 2.32% return.
IUS
0.33%
4.07%
-3.85%
7.45%
10.07%
16.67%
N/A
QLV
2.32%
3.49%
-1.21%
11.13%
10.36%
12.60%
N/A
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IUS vs. QLV - Expense Ratio Comparison
IUS has a 0.19% expense ratio, which is lower than QLV's 0.22% 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
IUS vs. QLV — Risk-Adjusted Performance Rank
IUS
QLV
IUS vs. QLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI Strategic US ETF (IUS) and FlexShares US Quality Low Volatility Index Fund (QLV). 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.
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Dividends
IUS vs. QLV - Dividend Comparison
IUS's dividend yield for the trailing twelve months is around 1.60%, less than QLV's 1.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
IUS Invesco RAFI Strategic US ETF | 1.60% | 1.52% | 1.72% | 1.78% | 1.46% | 1.74% | 1.77% | 0.73% |
QLV FlexShares US Quality Low Volatility Index Fund | 1.71% | 1.66% | 1.60% | 1.74% | 0.96% | 1.24% | 0.58% | 0.00% |
Drawdowns
IUS vs. QLV - Drawdown Comparison
The maximum IUS drawdown since its inception was -34.67%, roughly equal to the maximum QLV drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for IUS and QLV.
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Volatility
IUS vs. QLV - Volatility Comparison
Invesco RAFI Strategic US ETF (IUS) has a higher volatility of 4.21% compared to FlexShares US Quality Low Volatility Index Fund (QLV) at 3.43%. This indicates that IUS's price experiences larger fluctuations and is considered to be riskier than QLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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