QDIV vs. SPHD
Compare and contrast key facts about Global X S&P 500 Quality Dividend ETF (QDIV) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
QDIV and SPHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 2018. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012. Both QDIV and SPHD 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: QDIV or SPHD.
Key characteristics
| QDIV | SPHD | |
|---|---|---|
| Sharpe Ratio | 2.06 | 2.49 |
| Sortino Ratio | 2.99 | 3.57 |
| Omega Ratio | 1.35 | 1.45 |
| Calmar Ratio | 3.78 | 2.61 |
| Martin Ratio | 9.74 | 17.07 |
| Ulcer Index | 2.14% | 1.63% |
| Daily Std Dev | 10.11% | 11.19% |
| Max Drawdown | -41.20% | -41.39% |
| Current Drawdown | -1.08% | -1.84% |
Correlation
The correlation between QDIV and SPHD is 0.84, 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
QDIV vs. SPHD - Performance Comparison
Returns By Period
In the year-to-date period, QDIV achieves a 16.78% return, which is significantly lower than SPHD's 23.81% return.
QDIV
16.78%
4.01%
11.90%
20.48%
10.34%
N/A
SPHD
23.81%
2.81%
14.70%
27.52%
7.89%
8.80%
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QDIV vs. SPHD - Expense Ratio Comparison
QDIV has a 0.20% expense ratio, which is lower than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
QDIV vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quality Dividend ETF (QDIV) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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
QDIV vs. SPHD - Dividend Comparison
QDIV's dividend yield for the trailing twelve months is around 2.81%, less than SPHD's 3.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | 2.58% | 3.26% | 3.02% | 2.44% | 3.06% | 2.85% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.30% | 4.48% | 3.89% | 3.46% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% | 3.68% |
Drawdowns
QDIV vs. SPHD - Drawdown Comparison
The maximum QDIV drawdown since its inception was -41.20%, roughly equal to the maximum SPHD drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for QDIV and SPHD. For additional features, visit the drawdowns tool.
Volatility
QDIV vs. SPHD - Volatility Comparison
Global X S&P 500 Quality Dividend ETF (QDIV) has a higher volatility of 3.01% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 2.59%. This indicates that QDIV's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.