LVLC.DE vs. GLOV
Compare and contrast key facts about Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc (LVLC.DE) and Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV).
LVLC.DE and GLOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LVLC.DE is a passively managed fund by Invesco that tracks the performance of the Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon. It was launched on Jul 19, 2022. GLOV is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022. Both LVLC.DE and GLOV 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: LVLC.DE or GLOV.
Correlation
The correlation between LVLC.DE and GLOV is 0.71, 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
LVLC.DE vs. GLOV - Performance Comparison
Key characteristics
LVLC.DE:
2.36
GLOV:
1.82
LVLC.DE:
3.36
GLOV:
2.50
LVLC.DE:
1.47
GLOV:
1.33
LVLC.DE:
3.78
GLOV:
3.10
LVLC.DE:
15.17
GLOV:
9.00
LVLC.DE:
1.42%
GLOV:
1.96%
LVLC.DE:
9.12%
GLOV:
9.69%
LVLC.DE:
-9.23%
GLOV:
-17.77%
LVLC.DE:
-0.72%
GLOV:
-0.13%
Returns By Period
In the year-to-date period, LVLC.DE achieves a 4.25% return, which is significantly lower than GLOV's 5.00% return.
LVLC.DE
4.25%
4.01%
14.46%
21.54%
N/A
N/A
GLOV
5.00%
5.75%
8.72%
19.01%
N/A
N/A
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LVLC.DE vs. GLOV - Expense Ratio Comparison
Both LVLC.DE and GLOV 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
LVLC.DE vs. GLOV — Risk-Adjusted Performance Rank
LVLC.DE
GLOV
LVLC.DE vs. GLOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc (LVLC.DE) and Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV). 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
LVLC.DE vs. GLOV - Dividend Comparison
LVLC.DE has not paid dividends to shareholders, while GLOV's dividend yield for the trailing twelve months is around 1.67%.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
LVLC.DE Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
GLOV Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF | 1.67% | 1.75% | 2.06% | 1.73% |
Drawdowns
LVLC.DE vs. GLOV - Drawdown Comparison
The maximum LVLC.DE drawdown since its inception was -9.23%, smaller than the maximum GLOV drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for LVLC.DE and GLOV. For additional features, visit the drawdowns tool.
Volatility
LVLC.DE vs. GLOV - Volatility Comparison
Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc (LVLC.DE) has a higher volatility of 3.51% compared to Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) at 2.20%. This indicates that LVLC.DE's price experiences larger fluctuations and is considered to be riskier than GLOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.