PQVG.L vs. FFLC
Compare and contrast key facts about Invesco S&P 500 QVM UCITS ETF (PQVG.L) and Fidelity Fundamental Large Cap Core ETF (FFLC).
PQVG.L and FFLC 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. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PQVG.L or FFLC.
Key characteristics
PQVG.L | FFLC | |
---|---|---|
YTD Return | 29.77% | 29.62% |
1Y Return | 31.15% | 41.79% |
3Y Return (Ann) | 22.31% | 17.63% |
Sharpe Ratio | 2.91 | 3.13 |
Sortino Ratio | 3.91 | 4.18 |
Omega Ratio | 1.53 | 1.56 |
Calmar Ratio | 2.64 | 4.47 |
Martin Ratio | 19.76 | 21.07 |
Ulcer Index | 2.00% | 1.99% |
Daily Std Dev | 13.64% | 13.43% |
Max Drawdown | -20.98% | -15.86% |
Current Drawdown | -0.13% | -0.13% |
Correlation
The correlation between PQVG.L and FFLC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PQVG.L vs. FFLC - Performance Comparison
The year-to-date returns for both stocks are quite close, with PQVG.L having a 29.77% return and FFLC slightly lower at 29.62%. 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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PQVG.L vs. FFLC - Expense Ratio Comparison
PQVG.L has a 0.35% expense ratio, which is lower than FFLC's 0.38% expense ratio.
Risk-Adjusted Performance
PQVG.L vs. FFLC - 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 Fidelity Fundamental Large Cap Core ETF (FFLC). 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. FFLC - Dividend Comparison
PQVG.L's dividend yield for the trailing twelve months is around 0.88%, more than FFLC's 0.69% yield.
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% |
Fidelity Fundamental Large Cap Core ETF | 0.69% | 0.57% | 1.67% | 1.68% | 0.89% | 0.00% | 0.00% | 0.00% |
Drawdowns
PQVG.L vs. FFLC - Drawdown Comparison
The maximum PQVG.L drawdown since its inception was -20.98%, which is greater than FFLC's maximum drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for PQVG.L and FFLC. For additional features, visit the drawdowns tool.
Volatility
PQVG.L vs. FFLC - Volatility Comparison
The current volatility for Invesco S&P 500 QVM UCITS ETF (PQVG.L) is 2.16%, while Fidelity Fundamental Large Cap Core ETF (FFLC) has a volatility of 2.78%. This indicates that PQVG.L experiences smaller price fluctuations and is considered to be less risky than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.