JKG vs. XMHQ
Compare and contrast key facts about iShares Morningstar Mid-Cap ETF (JKG) and Invesco S&P MidCap Quality ETF (XMHQ).
JKG and XMHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JKG is a passively managed fund by iShares that tracks the performance of the Morningstar Mid Core Index. It was launched on Jun 28, 2004. 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. Both JKG and XMHQ 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: JKG or XMHQ.
Correlation
The correlation between JKG and XMHQ is 0.77, 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
JKG vs. XMHQ - Performance Comparison
Key characteristics
JKG:
0.22
XMHQ:
-0.36
JKG:
0.45
XMHQ:
-0.38
JKG:
1.06
XMHQ:
0.96
JKG:
0.06
XMHQ:
-0.33
JKG:
0.74
XMHQ:
-0.96
JKG:
5.58%
XMHQ:
8.45%
JKG:
18.42%
XMHQ:
22.72%
JKG:
-79.52%
XMHQ:
-58.19%
JKG:
-72.36%
XMHQ:
-15.87%
Returns By Period
In the year-to-date period, JKG achieves a -4.89% return, which is significantly higher than XMHQ's -6.76% return. Over the past 10 years, JKG has underperformed XMHQ with an annualized return of -6.30%, while XMHQ has yielded a comparatively higher 10.45% annualized return.
JKG
-4.89%
-1.62%
-4.90%
3.75%
-15.79%
-6.30%
XMHQ
-6.76%
0.12%
-7.92%
-7.61%
16.59%
10.45%
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JKG vs. XMHQ - Expense Ratio Comparison
Both JKG and XMHQ have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
JKG vs. XMHQ — Risk-Adjusted Performance Rank
JKG
XMHQ
JKG vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Mid-Cap ETF (JKG) 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
JKG vs. XMHQ - Dividend Comparison
JKG's dividend yield for the trailing twelve months is around 1.54%, less than XMHQ's 5.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JKG iShares Morningstar Mid-Cap ETF | 1.54% | 1.43% | 0.25% | 0.30% | 0.33% | 1.12% | 0.23% | 0.10% | 0.30% | 0.27% | 0.23% | 0.84% |
XMHQ Invesco S&P MidCap Quality ETF | 5.57% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% |
Drawdowns
JKG vs. XMHQ - Drawdown Comparison
The maximum JKG drawdown since its inception was -79.52%, which is greater than XMHQ's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for JKG and XMHQ. For additional features, visit the drawdowns tool.
Volatility
JKG vs. XMHQ - Volatility Comparison
iShares Morningstar Mid-Cap ETF (JKG) and Invesco S&P MidCap Quality ETF (XMHQ) have volatilities of 13.17% and 13.64%, 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.