PLDR vs. SPHQ
Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and Invesco S&P 500® Quality ETF (SPHQ).
PLDR and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLDR is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLDR or SPHQ.
Key characteristics
| PLDR | SPHQ | |
|---|---|---|
| YTD Return | 26.66% | 27.59% |
| 1Y Return | 37.72% | 35.98% |
| 3Y Return (Ann) | 7.32% | 10.92% |
| Sharpe Ratio | 2.90 | 3.00 |
| Sortino Ratio | 3.86 | 4.15 |
| Omega Ratio | 1.54 | 1.55 |
| Calmar Ratio | 3.44 | 5.82 |
| Martin Ratio | 16.15 | 22.62 |
| Ulcer Index | 2.33% | 1.59% |
| Daily Std Dev | 12.95% | 11.95% |
| Max Drawdown | -29.57% | -57.83% |
| Current Drawdown | -0.11% | -0.29% |
Correlation
The correlation between PLDR 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
PLDR vs. SPHQ - Performance Comparison
The year-to-date returns for both investments are quite close, with PLDR having a 26.66% return and SPHQ slightly higher at 27.59%. 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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PLDR vs. SPHQ - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
PLDR vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) 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
PLDR vs. SPHQ - Dividend Comparison
PLDR's dividend yield for the trailing twelve months is around 0.44%, less than SPHQ's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 0.44% | 0.56% | 0.63% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.13% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% | 1.99% |
Drawdowns
PLDR vs. SPHQ - Drawdown Comparison
The maximum PLDR drawdown since its inception was -29.57%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for PLDR and SPHQ. For additional features, visit the drawdowns tool.
Volatility
PLDR vs. SPHQ - Volatility Comparison
Putnam Sustainable Leaders ETF (PLDR) has a higher volatility of 3.65% compared to Invesco S&P 500® Quality ETF (SPHQ) at 3.30%. This indicates that PLDR'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.