LOW vs. SPGP
Compare and contrast key facts about Lowe's Companies, Inc. (LOW) and Invesco S&P 500 GARP ETF (SPGP).
SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LOW or SPGP.
Key characteristics
| LOW | SPGP | |
|---|---|---|
| YTD Return | 5.33% | 3.93% |
| 1Y Return | 16.82% | 23.18% |
| 3Y Return (Ann) | 7.05% | 6.96% |
| 5Y Return (Ann) | 17.76% | 14.23% |
| 10Y Return (Ann) | 19.89% | 14.48% |
| Sharpe Ratio | 0.71 | 1.54 |
| Daily Std Dev | 21.77% | 13.62% |
| Max Drawdown | -62.28% | -42.08% |
| Current Drawdown | -10.64% | -4.88% |
Correlation
The correlation between LOW and SPGP is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LOW vs. SPGP - Performance Comparison
In the year-to-date period, LOW achieves a 5.33% return, which is significantly higher than SPGP's 3.93% return. Over the past 10 years, LOW has outperformed SPGP with an annualized return of 19.89%, while SPGP has yielded a comparatively lower 14.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
LOW vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lowe's Companies, Inc. (LOW) and Invesco S&P 500 GARP ETF (SPGP). 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
LOW vs. SPGP - Dividend Comparison
LOW's dividend yield for the trailing twelve months is around 1.90%, more than SPGP's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOW Lowe's Companies, Inc. | 1.90% | 1.93% | 1.86% | 1.08% | 1.40% | 1.72% | 1.93% | 1.64% | 1.77% | 1.34% | 1.19% | 1.37% |
SPGP Invesco S&P 500 GARP ETF | 1.32% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
LOW vs. SPGP - Drawdown Comparison
The maximum LOW drawdown since its inception was -62.28%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for LOW and SPGP. For additional features, visit the drawdowns tool.
Volatility
LOW vs. SPGP - Volatility Comparison
Lowe's Companies, Inc. (LOW) has a higher volatility of 5.04% compared to Invesco S&P 500 GARP ETF (SPGP) at 4.56%. This indicates that LOW's price experiences larger fluctuations and is considered to be riskier than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.