QLTY vs. SPHQ
Compare and contrast key facts about GMO U.S. Quality ETF (QLTY) and Invesco S&P 500® Quality ETF (SPHQ).
QLTY and SPHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLTY is an actively managed fund by GMO. It was launched on Nov 13, 2023. 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: QLTY or SPHQ.
Correlation
The correlation between QLTY and SPHQ is 0.90, 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
QLTY vs. SPHQ - Performance Comparison
Key characteristics
QLTY:
1.51
SPHQ:
2.02
QLTY:
2.05
SPHQ:
2.79
QLTY:
1.27
SPHQ:
1.36
QLTY:
2.58
SPHQ:
4.03
QLTY:
9.51
SPHQ:
13.49
QLTY:
1.90%
SPHQ:
1.84%
QLTY:
12.03%
SPHQ:
12.34%
QLTY:
-7.03%
SPHQ:
-57.83%
QLTY:
-1.71%
SPHQ:
-1.53%
Returns By Period
The year-to-date returns for both investments are quite close, with QLTY having a 4.47% return and SPHQ slightly higher at 4.62%.
QLTY
4.47%
0.88%
5.53%
15.66%
N/A
N/A
SPHQ
4.62%
1.31%
6.89%
21.41%
15.25%
13.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QLTY vs. SPHQ - Expense Ratio Comparison
QLTY has a 0.50% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
QLTY vs. SPHQ — Risk-Adjusted Performance Rank
QLTY
SPHQ
QLTY vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) 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
QLTY vs. SPHQ - Dividend Comparison
QLTY's dividend yield for the trailing twelve months is around 0.76%, less than SPHQ's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTY GMO U.S. Quality ETF | 0.76% | 0.79% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHQ Invesco S&P 500® Quality ETF | 1.10% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
QLTY vs. SPHQ - Drawdown Comparison
The maximum QLTY drawdown since its inception was -7.03%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for QLTY and SPHQ. For additional features, visit the drawdowns tool.
Volatility
QLTY vs. SPHQ - Volatility Comparison
GMO U.S. Quality ETF (QLTY) and Invesco S&P 500® Quality ETF (SPHQ) have volatilities of 2.80% and 2.78%, 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.