PQVG.L vs. CSPX.L
Compare and contrast key facts about Invesco S&P 500 QVM UCITS ETF (PQVG.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
PQVG.L and CSPX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PQVG.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on May 18, 2017. CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010. Both PQVG.L and CSPX.L 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: PQVG.L or CSPX.L.
Key characteristics
PQVG.L | CSPX.L | |
---|---|---|
YTD Return | 29.77% | 22.79% |
1Y Return | 31.15% | 34.66% |
3Y Return (Ann) | 22.31% | 10.67% |
5Y Return (Ann) | 31.25% | 15.78% |
Sharpe Ratio | 2.91 | 3.06 |
Sortino Ratio | 3.91 | 4.25 |
Omega Ratio | 1.53 | 1.58 |
Calmar Ratio | 2.64 | 3.09 |
Martin Ratio | 19.76 | 19.40 |
Ulcer Index | 2.00% | 1.84% |
Daily Std Dev | 13.64% | 11.66% |
Max Drawdown | -20.98% | -33.90% |
Current Drawdown | -0.13% | -0.42% |
Correlation
The correlation between PQVG.L and CSPX.L is 0.46, 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
PQVG.L vs. CSPX.L - Performance Comparison
In the year-to-date period, PQVG.L achieves a 29.77% return, which is significantly higher than CSPX.L's 22.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PQVG.L vs. CSPX.L - Expense Ratio Comparison
PQVG.L has a 0.35% expense ratio, which is higher than CSPX.L's 0.07% expense ratio.
Risk-Adjusted Performance
PQVG.L vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (PQVG.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L). 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
PQVG.L vs. CSPX.L - Dividend Comparison
PQVG.L's dividend yield for the trailing twelve months is around 0.88%, while CSPX.L has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Invesco S&P 500 QVM UCITS ETF | 0.88% | 1.61% | 1.77% | 0.87% | 1.57% | 1.42% | 0.00% | 0.00% |
iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PQVG.L vs. CSPX.L - Drawdown Comparison
The maximum PQVG.L drawdown since its inception was -20.98%, smaller than the maximum CSPX.L drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for PQVG.L and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
PQVG.L vs. CSPX.L - Volatility Comparison
Invesco S&P 500 QVM UCITS ETF (PQVG.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) have volatilities of 2.16% and 2.24%, 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.